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Project Overview

SpiderPool is a Bitcoin mining pool that uses DAG (directed acyclic graph) as a chain structure to achieve data transparency in decentralized Bitcoin mining pools. This approach aims to enhance the flexibility of miners' access to computing power and reduce the possibility of 51% attacks.

Related news

Seven major Bitcoin mining pools join the Stratum V2 working group to jointly develop open mining pool communication standards

AntPool, Foundry, F2Pool, SpiderPool, DMND, MARA Foundation, and Block Inc, seven major Bitcoin mining pools, have joined the Stratum V2 working group to jointly develop an open mining pool communication protocol standard for the industry.Public data shows that Foundry currently controls approximately 30% of the global Bitcoin mining pool hashrate, while AntPool accounts for about 17.7%. Stratum V2 stated that establishing open standards not controlled by a single mining pool will help enhance miners' flexibility in independently selecting block templates and improve the increasing centralization in the current Bitcoin mining industry.Additionally, CoinWarz predicts that Bitcoin mining difficulty will rise again in mid-May, while CoinShares pointed out that under the current market and energy cost environment, approximately 20% of miners are already in a state of unprofitability. (Cointelegraph)

NAT Officially Launches on SpiderPool, Supporting Dual Mining of BTC in the Same Block

Reportedly, NAT shares computing power, blocks, and addresses with BTC, enabling synchronized generation without any additional operations. This asset is generated every 10 minutes in sync with Bitcoin blocks, with approximately 386 million NAT tokens minted per block (currently valued at ~$38), resulting in a total market cap of roughly $38 million. The issuance rate will gradually decrease as block height and mining difficulty increase. The code is fully open-source.