A new mining pool has opened its doors to the public. Most cryptocurrency enthusiasts know the HaoBTC name for their exchange and wallet service, primarily targeting Chinese users. However, the company also runs a mining pool, which was launched in June of 2016. Now that everything has been thoroughly tested, Bitcoin miners have another option to mine cryptocurrency.
The HaoBTC Mining Pool Is Open For Business
Decentralization and distribution are essential in the world of cryptocurrency. Especially where the mining scene is concerned, having more choice is never a bad thing. It is good to see additional mining pools come to the scene, as more distribution of the network hashrate is never a bad thing by any means.
HaoBTC has been around since 2014, albeit they never focused much on the mining scene until June of 2016. The majority of Bitcoin mining power is already pointed towards Chinese mining pools. This new option offered by haoBTC will only put more control in Chinese hands, albeit it may draw away some hashpower from other established pools.
It makes sense to see a company offer a mining option next to their Bitcoin wallet and exchange services.