Max keiser litecoin pool
This new feature allowed users to mine new cryptocurrencies and convert them into bitcoins or Litecoins, as well as to set the miner to withdraw from the current job when switching coins. The Multipool-Pro functions on the basis of the proportional reward system — when a given block is mined, the reward is divided up among all workers proportionally according to the size of their share. Due to the popularity of Ghash. This kind of attack occurs when a single miner or mining pool is able to mine multiple bitcoin block rewards in a row.
This would be a problem for the bitcoin network, because it hypothetically allows the mining pool to double-spend bitcoins. In July , the GHash. Since it is currently difficult to develop a long-term solution to this problem, the participants agreed to implement some temporary measures. IO released a voluntary statement, promising that it will not exceed IO representatives asked other mining pools to follow their example for the sake of the entire bitcoin community.
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