Mining Pool

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    Categories: Blockchain

    A collection of miners who join forces to aggregate their hashing power and therefore improve their chances of mining a new block and receiving block rewards (which are subsequently distributed among the constituents of the pool). An example of a mining pool is BTCC, which now controls a significant portion of the Bitcoin’s network’s hashing power.

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    Justin Chan
    Dr Chan founded DataDrivenInvestor.com (DDI) and is the CEO for JCube Capital Partners. Specialized in strategy development, alternative data analytics and behavioral finance, Dr Chan also has extensive experience in investment management and financial services industries. Prior to forming JCube and DDI, Dr Chan served in the capacity of strategy development in multiple hedge funds, fintech companies, and also served as a senior quantitative strategist at GMO. A published author at professional journals in finance, Dr. Chan holds a Ph.D. degree in finance from UCLA.