Review on 1ds Equipool by Joseph Bello
1ds equipool has been closed down
Mining has been an important aspect of the blockchain innovation but over the years the rewards given to miners from discovering new blocks are decreasing and in order to generate new blocks extra computation power is needed and the rewards gotten were also reducing,this made it difficult for miners to generate a new block on their own. This was how the need for a mining pool was recognized and established to make it easier to find new blocks by simply allowing miners to combine their resources . 1ds equipool was a platform created for miners to converge and combine their collective resource in order to generate new blocks and share the rewards amongst themselves in proportion to their individual effort in generating the new block. The pool is no longer existing and this is the reason why the mining pool's website has become unaccessible to any miner. In a nutshell when you are looking for a mining pool 1ds equipool is not a available option for you to consider.
Pros
- None
Cons
- It is not accessible
- It is not an option for those in search of a mining pool to look forward to
