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PR: ZPool Launches ZCash Mining Pool
<small>This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.</small>
2019.1.1, one of the world’s largest ZCash mines—ZPool officially opened up its ZCash mining pool, and started recruiting miners from all over the world free of service charges.
KIENG KESSARA, the founder of ZPool, noted that, ZPool was formerly known as Megabigpower Bitcoin mine, which was built in September 2017 in Idaho, the United States. It now only serves ZCash, a digital currency. ZCash is an encrypted currency that realized complete privacy protection by using the zero-knowledge proof (zk-SNARKS). For individuals, privacy is a rigid demand; enterprises, on the other hand, propose more demanding requirements for privacy protection in the block chain. Therefore, privacy protection is one of the most important and the most difficult directions of the technical pursuit related to block chain. In addition, through totaling 21 million, ZCash only had about 5.5 million circulating in the market—high rarity. With respect to investment, ZCash is the most valuable digital currency; moreover, compared with BTC and ETH, it boasts less difficult to compute power and higher return.
For miners, a good mining pool would lead to better results, no matter “good” here refers to safe and stable or a good service attitude. ZPool owns the first-rate technical team and a professional management system. The unique technical architecture of its mining pool could directly improve its security and stability. What’s more, ZPool plans to arrange its nodes worldwide, minimizing rejection rate and guaranteeing miners’ profits through the expansion of mining broadband or the deployment of proxy servers combined with optimization of network layers and other methods.
To facilitate miners’ profit analysis and measurement and to stabilize miners’ gains, ZPool, supported by the powerful mine and the computing power, directly adopted the PPS revenue model, under which profits were generated as long as the mining machine functioned normally (and the profits had nothing to do with the lucky point of the pool and the transaction fees).
ZPool’s direct profits come from the ZCash mines and the computing-power ecology. Since January 2018, many digital currencies have seen the drop of their prices by 60%-90%, for which the profits received from mining was next to nothing. Under such a situation, every pool still took the service charge of 1%-3%, increasing the pressure on miners. ZPool’s founder believed that, time has passed when the mining pool industry made profits on high service charges. To expand the ZPool ecology and to maximize the profits from computing power-based mining, ZPool practiced zero-service charge for miners and realized free renting global computing power, measurable transactions and the negotiable and visualized computing value.
ZPool has begun to enter Hong Kong and other areas in the Asian-Pacific region for development of its ecology, including opening the service addresses for mining in the Asian-Pacific region, computing power rental servicers, node campaign, exchange, wallet, shopping mall and other one-stop supporting services on the mining pool. ZPool will provide to users top-grade block chain products and services in a software and hardware-combined manner, while promoting the development of mining pools toward the new mining industry.
Service Address for ZCash Mining :zec.pool.zpool.vip:9518
<small>This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.</small>
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