Why does the fish pool need to set miners (why the fish pool mine cannot be used)
Why does the fish pool need to set miners? When mining in the fish pool, the we
Why does the fish pool need to set miners?
When mining in the fish pool, the weights of computing power and coin quantity need to be set. When a miner has enough work to do, he must complete the calculation task and earn profits through his own efforts. At this time, “random numbers” can be used to distribute block rewards or adjust the difficulty coefficient. If an algorithm goes wrong, the workload of miners cannot be increased or decreased. So we set a miner, and then the miner will automatically start to pay for his work in order to obtain rewards, without any other fees; in addition, each miner has an Inactivity Fault.
To solve this problem, the fish pool has designed some special functions:
1. Adding liquidity: Since liquidity providers do not require additional collateral for transactions, users can only choose not to participate in this function;
2. Closing funding sources: Because the security of funds cannot be guaranteed, users can withdraw funds at any time, but funds can be restored by canceling liquidity and capital inflow, which further reduces risks and allows more people to join liquidity to obtain better rewards;
3. Prohibiting the creation of individual accounts: Allowing anyone to create a single account and cannot control the maximum proportion of funds in and out of the entire system;
4. Disabling contract address types:
https://etherscan.io/address/0xa5f0b7ec8d6ba1edbe20ce9fa2fbdfd50caf66bdcf88ccb31dbfda
Why fish pool mine cannot be used
The fish pool officially announced that some users reported that the fish pool mine cannot be used.
The screenshot displayed on the website shows:
On February 28th, the fish pool launched “Fish Coin” and “Fish Pool Treasure”, which have been launched on the official website; On April 8th, the fish pool announced the opening of trading pairs for “Fish Treasure”; Starting from May and June, the “fishy business” reappeared, and the fish pool began to restrict user deposits. As of the time of writing, the balance is less than 100ETH. Some users are currently unable to participate in mining due to financial risks.
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