Bitmain’s BTC.com Bitcoin Mining Leader to Open Ethereum (ETH) Mining Pool
BTC.com the largest mining pool in the cryptocurrency market is launching support for Ethereum (ETH), the second most important virtual currency. The subsidiary company of Bitmain, has launched a new client specifically built and designed for Ethereum mining.
At the moment of writing, BTC.com accounts for 17.3% of the total hash rate. In Bitcoin Cash, the number goes down to 14%. However, Bitmain believes that’s not enough. Indeed, it wants to dominate Ethereum as well.
Zhuang Zhong, Director of BTC.com’s mining pool, commented:
“We expect mining operations to grow to 12 percent of ETH total hashrate in the next 12 months.”
It is interesting to see that BTC.com is not deter from mining Ethereum even when the network is transitioning from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus style. The upgrade will be made through the upcoming Casper protocol.
The interesting thing here is that it will be possible to host a mining pool even with PoS consensus algorithm. Of course, it is not easy. Mr. Zhong explains that it is complex to do so, but they have an important team of experts ready to introduce that upgrade.
Until now, there is no further information about the PoS mining pool implementation. In the future we may be able to have more information on the matter as the transition from PoW to PoS gets closer.