Review on Okex Pool by Temitope Babatunde
Mining Made Easy With Okex Pool, Is It True ?
Okex mining pool stem from the idea born by Okex Group which also own Okex Exchange. Okex Group felt that it will be OK if it's customers can be able to do everything that can be done with cryptos with them. That was why in August 2019, it launched its mining pool, Alisa Yao is the head of the mining pool.
With the number of miners becoming so many ans with moredern technology that is producing sophisticated machines for mining it is becoming more more difficult for solo miner to break even so with mining pool many miners can pool their resources together.
With the number of miners becoming so many and with moredern technology that is producing sophisticated machines for mining it is becoming more and more difficult for solo miners to break even so with mining pool many miners can pool their resources together. So, okex pool offers this service to miners.
Within 3 months of its establishment, it service is so efficient that it is ranked among the best 5 mining pools. Presently, it has 7490P hashrate. Okex pool allow its users to mine different types of coins, the one they feel is profitable at a particular time, among the coins you can mine are bitcoin, litecoin ethereum, etc, dash etc.
Okex does not use only one mechanism but it allows various mining mechanism like Power of Work, Power of Stake and variant of Power of Stake.
Okex ppool helps its user by providing tutorials that will help them to understand how to set up the system if they are new in that field. It also pays daily, and has good customer support service to cater for the needs of its uses.
Pros
- Many coins to mine, which means miners has many options in terms of coin to choose.
- The prices are low
Cons
- At times mining is not profitable
