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RE: LeoThread 2025-11-18 20-21

in LeoFinance5 days ago

Part 4/16:

He elaborates on how the mining landscape has evolved since Luxor's founding in 2017. Originally a side project, Luxor pivoted to creating mining pools after discovering a dominant hash rate concentration on a single altcoin, highlighting the industry's innovation and adaptability. Today, Luxor offers Bitcoin mining pools that operate based on honest and probabilistic reward systems, with methods like Pay-Per-Share (PPS) ensuring miners are paid even if pools don't immediately find blocks.

How Mining Pools Work: A Probabilistic Perspective