Bitmain, the world’s largest bitcoin mining hardware producer headquartered in Beijing, has announced the launch of ConnectBTC – its newest mining pool. The pool is developed and operated by Bitmaintech Israel, Bitmain’s first R&D center outside of China.
The developers explain that ConnectBTC’s pool provides highly detailed real-time information and analytics to miners, and gives mining operators a better understanding of their performance, without having to develop custom internal monitoring tools. It was fully developed by Bitmaintech in Israel, independently of any other pool.
“Our role as pools is to provide miners with liquidity and stability. We provide miners with real time data in an easy to use UI, while keeping payment plans simple and stable. In recent years, pools have come up with imaginative new payout methods that confuse customers and displace risks back to the miners” noted ConnectBTC’s Manager, Gadi Glikberg.
Why Ethereum Needs Layer 2 Solutions More Than EverGo to article >>
“High subsidies on regular PPS plans allow miners to benefit from the increase in transaction fees while avoiding any risks” he added.
Miners who wish to join the new pool can just register and start mining immediately, there’s no configuration or setup required. ConnectBTC automatically sets up workers, saving mining operators from having to maintain two sets of configurations both locally and at the pool.
Bitmaintech Israel specializes in innovating for pooled mining services, and delivering advanced capabilities to bitcoin mining operations of all sizes.