Review on Slush Pool by Fanuel PORPORTY
Slush pool : A pool mining, one of the oldest
First Bitcoin Pool launched in 2010 under the name of Bitcoin Pooled Mining Server. The site obtained its first blockchain in 2012.
Slush Pool is managed by Satoshi Labs, the world's first offline Bitcoin wallet and the world's first Bitcoin-centric card. Slush Pool is unique for using the score-based method, where old actions are less important than new ones at the start of the round. This method avoids the risk of being deceived by other minors if they move the pools during a round. A demo account is provided for all new miners to test before logging in. This is useful for new miners. Slush pool as two-factor authentication, locking the wallet address with a read-only logon token, provided by users if someone else is monitoring your Bitcoin mining. Slush Pool runs on highly secure servers, which protects the user's Bitcoin wallets.
Pros
- Slush Pool is a well established oldest mining pool. The interface is slick with a unique feature of the score-based method, which avoids the risk of being cheated.
Cons
- The transaction fee is slightly high compared to other sites. Even Though using Score-based method is an advantage, user’s score quickly decreases once stopped mining.
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Comments (2)
March 26, 2020
Slush Pool is not managed by Satoshi Labs, they have no direct affiliation. Marek "Slush" Platinus stopped working on Slush Pool and started Satoshi Labs as a separate venture in 2013. Slush Pool is operated by Braiins.
