Exploring deeper into coins/tokens to mine. I’ve messaged Harold and kind of talked about the secret clubs, deals and friendships in the 'behind the scenes" crypto.
Touching on the specific Scandinavian/Fintech tokens and coins. ERC Foundation loves to buy completely mined Token and Coin lines. This is incorporated into ERC via the EVN and wWrapp technology. So they let a token/coin line get completely mined > drop in value> buy every single one > thus raising the value/market while they have 100% of the assets, effectively ending that market. They then wrap those coin/token and add the locked value to an ERC token line.
So here are some of the crypto’s I mine on the multi-pool
We’ve not herd of or seem most of those. But the mining pool mines those based on profits over some big names. Check out https://freiexchange.com That is where the Scandinavian/fintech coins end up at market.
So while a person gets paid out in BTC,ETH or whatever, that is what the pools are actually mining. Blocks per hour, it is more profitable, for the pool to go with smaller unknown crypto’s.
Pools and manufactures are in 100% cahoots. How did f2pool know to open KDA mining pools? How did Goldshell know that the strength of their miner would not destroy the market? And now, How is Bitmain able to release the K7 knowing it will destroy other miners. (simple, because goldshell ain’t shit and Bitmain is.) Kadena will throw Goldshell to the curb for a chance to befriend Bitmain. With Bitmain comes Antpool support.
So a pool does not simply start mining KDA or LTC or BTC, they never break even. But if a partnership to a manufacturer exist, they then pre-mine/test on your pools, causing the pool to receive exponentially more rewards since those miners are above all other miners.
My simple point is, just accepting these big relationships exist, knowing they hate small guys who chip away at their profit. Mining pools, like many businesses, often profit the most when the competitor buys them to shut them off.
I feel/believe a mining pool needs to start by making serious friends. Maybe not powerhouse friends, but loyal ones.