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Re: On2_addict post# 34348

Saturday, 10/07/2017 12:23:18 PM

Saturday, October 07, 2017 12:23:18 PM

Post# of 112503
That is PART of their revenue stream. Let me break this down for you since you clearly do not understand how a large scale mining pool works.

Canoe pool has 50,000 of THEIR OWN s9 miners cranking out 150 Petahash. the Bitcoin they mine out these machines is THEIR OWN. NO MIDDLEMAN.

NOW, IF hypothetically, I were to add 1-5 Petahash of MY OWN mining rigs to canoepools mining pool THEN AND ONLY THEN would they get a cut. The purpose of a mining pool is to collective merge mining power and mine blocks faster than the competition. Mining POS attract other miners through higher payout percentages and so forth.

My posts are opinion only, and are not to be considered as actual investment advice.

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