A Long-Term Pool refers to a group of investors or miners who collectively hold assets with the intention of benefiting from long-term price appreciation rather than engaging in short-term trading. Participants in this pool typically share a common strategy focused on holding their investments for extended periods, which can help mitigate the effects of market volatility.In mining, a Long-Term Pool may involve miners joining forces to share their computing power and resources, allowing them to generate rewards more consistently while distributing the earnings based on their contributions. This approach helps smaller miners achieve steady returns without the unpredictability of solo mining.Overall, the concept emphasizes a commitment to holding or earning assets over time, with the aim of realizing greater value as the market matures and prices potentially increase. This strategy contrasts with short-term trading, where participants often buy and sell based on market fluctuations for quick profits.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to