Diversification across mining pools: optimal mining strategies under PoW

Mining is a central operation of all proof-of-work (PoW)-based cryptocurrencies. The vast majority of miners today participate in "mining pools"instead of "solo mining"in order to lower risk and achieve a more steady income. However, this rise of participation in mining pools neg...

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Bibliographic Details
Main Authors: Baldimtsi, F. (Author), Chatzigiannis, P. (Author), Griva, I. (Author), Li, J. (Author)
Format: Article
Language:English
Published: Oxford University Press 2022
Subjects:
Online Access:View Fulltext in Publisher