Bitcoin Mining Giant Bitmain Launches a Pool Developed in Israel

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 Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term 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 Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term 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.

“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.