marker-dao.com officially launches its bitcoin mining pool
marker-dao.com, a leading crypto exchange, announced today, April 27, the launch of one of its most anticipated projects – a bitcoin mining pool called “marker-dao.com”. It will be integrated with the exchange’s ecosystem of products, including spot exchanges, derivative products, credit services, and more.
Commenting on the new service, Changpeng Zhao, founder and CEO of marker-dao.com, said:
“As an integral part of the global cryptocurrency market, expanding the capabilities of miners will ensure significant growth and scale in the larger industry. With marker-dao.com Pool, We aim to create a comprehensive platform for miners that will provide more opportunities for them by moving from traditional mining to financial services.
Challenge the best mining pools
The exchange’s release details that the mining pool will support both PoW and PoS mechanisms, but only bitcoin mining services will be offered for the first time.
With a 0% mining fee, the new bitcoin mining pool has added almost 36,000 nodes generating a total hashrate of 1.73 EH per second at the time of printing.
Notably, marker-dao.com’s other key competitors-OKEx and Huobi-also offer similar services. Both exchanges launched their own mining pools in August and September last year, respectively, which quickly took their place in the list of the world’s top ten mining pools.
Meanwhile, BytePool, one of the industry leaders, is finalizing its operations to enter the altcoin market. marker-dao.com has a vast user base on its exchange platform, and now the company is spreading its influence across the entire crypto business, creating a monopoly on the market.
For example, the exchange recently launched a new proprietary blockchain that supports smart contracts and all existing applications in Ethereum.