Yesterday, (Tuesday, the 17th of september, ed.). I spoke to the Lisk Center in san francisco, the vice-president of the Poolin.com. Alejandro de la Torre, told us about the mining of Bitcoin and other coins.
Watch more on the interview, or do you prefer to go with the story of the de la Torre? Check out the video in this article has been added!
Contents
Can you tell me more about the mining pools, poolin.com?
“What a mining pool is that it has all the processing power, combined with the pool, it is right. It is used for, for example, in the bitcoin network. This will increase the chances of the miners in a block and be able to make it. And because of this, the probability is higher that the miners have a blockreward to get it.”
In no time at all, you are one of the largest pools now. How did that come about?
“The team behind the poolin.com it comes in BTC.com from. I’m also the former co-founder of, and is, therefore, to have a number of years of experience. We are now the second-largest pool of Bitcoin, and have been for a little while, the leader had been. In ZCash and Litecoin are the number one.”
“We would like it to be the biggest, but we are not focusing on. We would like to have the best returns for our miners have to offer. This is something we try to achieve by providing them with the best tools and services to offer.”
“In the past few years, we have had a lot of problems, noted that miners are experienced, and we do our very best to solve the problem. We would like to help with, and improvements where it is needed.”
In your presentation, talked about the changes that are going on in China to other parts of the world. Can you expand a little more on that?
In the course of the years, what happened was that China is very, very happy with mine. The government has built twenty hydroelectric power plants, in order to, which can then be towns and cities around it, to start working on it. In some cases, if they did not, and so there is a surplus of electricity in the area. Savvy entrepreneurs jumped on here and saw the opportunities. They established mining farms to unused stations around you.”
“Now, if at all. At this point, it is all about mining, are regulated (but not banned), which means that you’ll have to sign up as a real business. This meant, among other things, that there are other places in the world, the new farms were being opened up. There is also, of course, to do that in the network world is becoming bigger and bigger and more and more famous it is.”
Venezuela and Iran have been elektricitieit almost free of charge. It is in this way that in more and more locations become profitable in order to mine?
“Yes, yes you can. This is especially profitable. There are several things that you should bear in mind before you start. The cost of the electricity, but the cost of the hardware, and the location in which you want it to do. If you do all of these things in the card, and have settled, you are ready to start.”
“Mining is a business area. They are all out to win. It is also the most business-oriented branches of the computer industry. The good thing is that it was so intended, and conceived. The network is growing because of this fact, safety, strength, and decentralization.”
Bitcoin is a “hard money”, because it takes a lot of effort to get it or make it. This Is a positive trait?
“It just depends on where you are in the faith. The Proof-of-Work system, if the consensus is to rely on the energy of the network is to be maintained. For me and for all of our clients, this is an essential aspect of the job. We strongly believe in cryptocurrencies when a new distributed money in the history of mankind.”
“Miners are seeking the cheapest and cleanest sources of energy. This ensures that it is to be a net gain for all of the world.”
What is in your opinion the impact of the planned Bitcoin halving?
“That’s a very interesting question! At that time, there will be new miners have been released that are a lot stronger and more powerful than the current S9’s. All of the ‘lesser’ devices are likely to be turned off is going to be. The blockreward will be reduced and there will be a new world to come, for all of the little miningbedrijfjes. Economically, it will be a part of the current infrastructure is no more dignity to them.”
Thank you for signing up!