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Another misconception. Changing mining pool is done by changing a single parameter in the mining software. It is as easy as it sounds. There is no need to "move
by mrb 8y ago
Another misconception. Changing mining pool is done by changing a single parameter in the mining software. It is as easy as it sounds. There is no need to "move hardware".
It is not true that "most" mining hardware is located in China. There is a good portion of it over there for sure, but because of the secrecy around most miners, we don't know how much exactly. It's certainly not ">90%".
Every single article that makes similar claims mistakenly assumes that for example it the AntPool Chinese pool represents 20% of the hashrate, then it means this hardware is located in China. This is patently false. AntPool is one of the most popular pools for various reasons (reliability, availability, flexibility, branding), so they are used by many users worldwide. They even have stratum endpoints in the US for their North American users. Only a fraction of the AntPool hashrate comes from hardware physically located in China.