A low-fee mining pool is a group of miners who combine their computational resources to increase the chances of successfully mining a new block and earning rewards. By working together, they share the power required to solve complex mathematical problems associated with blockchain transactions.The key feature of a low-fee mining pool is its reduced fee structure. While most mining pools charge a percentage of the rewards earned, low-fee pools have lower charges, benefiting miners by increasing their overall profits. This is especially attractive for individual or smaller-scale miners who may struggle to compete against larger operations.Participants in a low-fee mining pool receive payouts based on their proportional contribution to the pool’s total hashing power. This allows even those with limited resources to participate effectively and earn cryptocurrency more consistently. Ultimately, low-fee mining pools provide a more economical option for miners looking to maximize their earnings while working collaboratively to mine cryptocurrency.
Tether Settles $299.5 Million Claim With Celsius Bankruptcy Estate
Tether has paid $299.5 million to the Celsius Network bankruptcy estate, resolving a legal dispute that stemmed from the cryptocurrency lender’s