Bitcoin Forum

Alternate cryptocurrencies => Pools (Altcoins) => Topic started by: HardCore12V on August 27, 2021, 10:31:18 AM



Title: Kucoin mining pool incoming
Post by: HardCore12V on August 27, 2021, 10:31:18 AM
Kucoin is launching its own proof of work algorithm mining pool and they promise more efficient rewards with less mining withdrawal fee, this will add to the list of centralised exchange pools like binance, CoinEX(ViaBTC) and ZB

https://www.coindesk.com/markets/2021/08/25/kucoin-launches-proof-of-work-mining-pool/


Title: Re: Kucoin mining pool incoming
Post by: BitKongy on August 27, 2021, 10:58:10 AM
Hmm I doubt this will attracts lot of miners, why even need withdrawal fee at all when pools will be available on the exchange itself? Every mined coins should go to exchange wallets and be ready for withdrawal or swap to other coins just like binance exchange


Title: Re: Kucoin mining pool incoming
Post by: CryptoWebDirectory on November 19, 2021, 04:54:47 AM
I agree with BitKongy.. Why the heck would Kucoin charge fees when they could just move the funds directly into your Kucoin wallet? I didn't see anything in the article about when Kucoin will actually launch it, though. Any idea?


Title: Re: Kucoin mining pool incoming
Post by: Bitcoin_Arena on November 20, 2021, 10:01:41 PM
This news seems old. I think i remember reading it in September or August about the Launch. As we speak the pool is already live.

I didn't see anything in the article about when Kucoin will actually launch it, though. Any idea?
The pool is already in operations. Currently the support Bitcoin, Bitcoin Cash and Ethereum.
Check it out - https://www.kucoin.com/mining-pool