JaxPool offers destructive pool charges on BTC mining and additional community block rewards within the type of JXN cash
Negative pool charges on BTC mining and additional community block rewards within the type of JXN cash with JaxPool
— Vinod Manoharan, Founder of Jax.Network
DUBAI, UAE, September 9, 2022 /EINPresswire.com/ — JaxPool, a Bitcoin mining subpool beneath a top-5 pool, is providing destructive pool charges on BTC mining and additional community block rewards within the type of JXN cash. Launched solely final month, the pool has been actively engaged on attaining the purpose of capturing 100% of the Bitcoin hashrate.
Jax.Network, a blockchain merge-mined with Bitcoin, began up the mining pool with the aim of accelerating its community safety by attracting Bitcoin miners to merge-mine BTC along with Jax.Network. Apart from apparent advantages akin to enhanced safety and decentralization, merge-mining is a extra worthwhile business mannequin in comparison with standalone mining. With JaxPool, miners get additional JXN cash and JXN transaction charges along with their 6.25 BTC block reward and BTC transaction charges. Furthermore, the corporate offers destructive pool charges on BTC mining and as much as a 1% bonus on BTC mining actions.
Interestingly, individuals who don’t have computing energy within the type of rigs or employees have proven a willingness to take part on this mining provide. Now customers can lease hashrate from one of many main cryptocurrency platforms for mining like NiceHash, the place 100 PH/s is priced at 0.0042 BTC, and be a part of JaxPool on the similar phrases as different miners. JaxPool is claimed to additionally provide help in mild of a rising demand for this provide. According to latest calculations (as of Sept. 8), Bitcoin miners can get $4,490 price of JXN, assuming block problem is nineteen.34318 items, the typical block reward is 290 JXN (270 JXN are locked for 36,000 blocks or approx. 9 months), and the worth of JXN is $0.64. 19.34318 items of problem on the beacon chain in Jax.Network corresponds to 0.083078T, the place T is 10^12*2^32 hashes.
“It’s critical for the community to stay together and help each other survive the bear market. Thus we try to offer the best terms of cooperation to miners and interested parties to maximize their profitability while mining with JaxPool,” Vinod Manoharan, Founder of Jax.Network, revealed.
About JaxPool
JaxPool is a BTC mining subpool beneath a top-5 mining pool. Its purpose is to merge-mine Bitcoin with the Jax.Network blockchain and supply miners with elevated profitability.
About Jax.Network
Jax.Network gives the technological infrastructure for a decentralized energy-standard financial system. The Jax.Network blockchain is anchored to the Bitcoin community and points two digital currencies JAX and JXN. JAX is a stablecoin pegged to the vitality spent on mining, whereas JXN is an asset coin representing the worth of the entire community. The Jax.Network crew goals at making these cash a common customary for the quantification of financial worth. Established in 2018, the corporate united professionals from all around the world to construct a blockchain community based mostly on the Proof-of-Work consensus mechanism and pure state sharding as a scaling solution.
Viktoriya Nechyporuk
Jax.Network
[email protected]
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Jax.Network: Mining profitability
