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HPool Developed And Upgraded By Alex Yang Emerged As The Top POC Mining Pool Within Four Years

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3 years ago

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Alex Yang, a Singapore-based entrepreneur, founded HPool, a POC mining pool which emerged as the top POC mining pool in just four years. Alex recently discussed how the POC mining pool is shaking up the blockchain industry at a press conference. He stated that after carefully comparing and studying the various verification methods of the consensus algorithm, he found that both the POW and POS are not working, and only POC can trigger the most primitive spirit of BTC. By making equity investment, Wanxiang blockchain labs helped Alex to create a near-monopoly project in the POC field – which he named HPool. The POC mining pool was later upgraded by Alex and his team.

The role of the mining pool is to allow miners to concentrate their computing power and share the computing power income so they can obtain a more stable income per unit of time. This has great significance to build consensus in a decentralized network. Large miners can calculate a stable return, and small miners need not worry about not being able to obtain income on time in the competition with large miners, thus forming a virtuous circle. In other words, the role of the mining pool is to disperse scattered computing power, integrate it so that small computing power can get smooth income. It can be considered as a task distribution and revenue smoothing system for block generation.

User orientation has always been the principle of the crypto company since it was founded. In addition to the basic mining pool services it provides to users, it also has a user service system which includes online status monitoring, offline push notifications, joint pledge mining, etc. These can lower the barriers for ordinary users to participate. The complete user service made HPool popular in the market since it was established.

For a long time, HPool has been in the top few POC mining pools. In 2017, legendary programmer Bram Cohen had retired from BitTorrent’s great success, planning his next big move: Decentralized hard disk mining blockchain project: Chia. Three years later, his Chia has a close intersection with Alex’s HPool. From 2018 to 2020, HPool has been in a tepid state. An investment from Fenbushi capital, a well-known name in the industry, has further consolidated HPool’s leading position in the POC sector. Even though the market doesn’t have much enthusiasm for POC at this time, Alex’s enthusiasm remains the same. This comes from his belief in POC consensus algorithms and the technical logic behind them.

In April 2021, the price of Bitcoin reached $63,000. The market cap surpassed Amazon, Tesla, and Facebook, only after Apple and Google among those giants of enterprise. The value of Chia, a project that Bram Cohen has run for three years, has increased as well. Through the investment and support of CoinBase. The world’s only listed digital asset exchange, Chia quickly started a whirlwind among miners. From mining pools to individual miners, they all actively participated in this hard disk mining experiment. The reason behind this is very simple as well. In the beginning, Chia’s cost could be covered by its return in one week. This star project of POC has naturally drawn attention of Alex. He began to promote Chia in HPool’s mining pool. Due to the years of accumulated technical experience and the leading position in this industry, HPool has been chosen by most miners naturally as the link of their mining pool.

However, users reported in some forums that HPool was secretly deducting computing power, resulting in a decline in their earnings. At that time, HPool was the only mining pool with large computing power on the market. When Alex and the team discovered this problem, they studied the technical vulnerabilities and data broadcast therefore identified the problem. During this period, the HPool team began to work extremely hard to dispel rumors. They used simple words explaining to every miner and user the technical principles and computing power issues in major forums, media, and websites.

On the other hand, the popularity of Chia made the mining rigs difficult to buy. Some suppliers began to sell the mining rigs under the name of HPool, hoping to get more profits from it. Later, when the price of Chia dropped, they then pretended to be the official to publish radical articles, trying to lead their conflict of interest with the users to the official. This caused many miners who bought mining rigs to go to HPool, asking for an explanation and solutions. HPool has to explain to customers one by one. At the beginning of this incident, Bram, founder of Chia, chose to stand with the miners to criticize HPool, ask users do not use HPool because of the problem of stealing computing power.

Facing the crisis, Alex shared the latest technical knowledge with the miners, meanwhile dealt with the remaining problems of the mining rigs business. At the same time, he actively contacted Chia officials and provided all necessary materials, showing the fairness of HPool by the transparency. With Alex’s continuing efforts and the improvement of Chia’s mining ecology, the crisis was finally resolved. Miners found that HPool can get the highest profit compared to new mining pools, so most of the miners finally chose HPool. HPool withstood the test of the market. Since then, HPool has been firmly occupying the first position in the global ranking of POC and Chia mining pools.

In the near future, more mining pools will participate in the competition and share HPool’s market. But for Alex, clarification of various misunderstandings remains the top priority. Secondly, POC mining pools can bloom. Each mining pool has its own characteristics, there is no product that could satisfy everybody. Sufficient service providers of mining pools can bring positive competition to the industry therefore meet the different needs of various users better.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

KTS Finance Introduces Its Official App to Transform Insurance and Investment Management

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6 hours ago

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January 21, 2025

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GlobePRWire / January 21, 2025, KTS Finance, established in 2018 by Ermal Kopani, proudly announces the launch of its groundbreaking official application. Designed to simplify the management of insurance policies and investment products, the app offers customers a faster, more transparent, and self-sufficient experience.

With just a few clicks, users can purchase insurance and investment products through the app’s intuitive interface. The platform allows real-time tracking of requests, personalized quote generation, and regular updates. Accessible on both smartphones and computers, the app provides a seamless, round-the-clock financial management solution.

Simplified Financial Operations for Customers

The new app serves as a comprehensive tool for efficiently managing financial needs. From purchasing policies to tracking applications and receiving timely notifications, the platform enhances convenience and clarity for users.

“This app is a testament to our dedication to innovation and customer satisfaction,” said Ermal Kopani, founder of KTS Finance. “Our mission is to simplify complex processes with secure and efficient solutions tailored to modern financial demands.”

Empowering Collaborators with Advanced Tools

The app isn’t just built for customers—it also includes advanced features for KTS Finance collaborators. It streamlines operations with centralized policy management, planning and analysis tools, and integrated communication systems. By automating routine tasks and providing real-time insights, the app enables collaborators to focus on delivering exceptional service.

This dual-purpose design creates a unified and efficient financial ecosystem that benefits both users and internal teams.

A Secure and Scalable Platform

The KTS Finance app is designed to meet the needs of a wide range of users, from individuals to large enterprises. Its scalable architecture allows it to handle operations of varying sizes and complexities, ensuring flexibility for personal use, small businesses, and large organizations.

To ensure data security, the app employs cutting-edge encryption technology and strict access controls. Users can confidently manage their financial information, knowing the platform adheres to industry-leading security and compliance standards.

A Forward-Thinking Solution for the Digital Era

With the launch of its official app, KTS Finance reinforces its position as a leader in the insurance and financial sectors. The platform underscores the company’s commitment to innovation, addressing the evolving demands of an increasingly connected world.

Key features of the KTS Finance app include:

  • Quick Transactions: Effortlessly purchase insurance and investment products.
  • Real-Time Updates: Track the status of requests instantly.
  • Personalized Quotes: Generate custom quotes independently.
  • 24/7 Access: Manage finances anytime, anywhere on smartphones or computers.
  • Collaborator Tools: Advanced features for policy management, performance analysis, and internal communication.
  • Scalability: Suitable for individuals, small businesses, and large enterprises.
  • Data Security: High-level encryption and compliance with industry regulations.

About KTS Finance

Founded in 2018 by Ermal Kopani, KTS Finance specializes in insurance and investment products, delivering secure and innovative solutions for modern financial management. With a strong commitment to customer satisfaction and technological advancement, KTS Finance continues to reshape the industry.

For more information about the app and its features, visit the KTS Finance website or download the app today.

http://ktsfinance.com 

SOURCE: KTS Finance

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Press Release

The Technological Revolution Ignites: Originschain and Edge Computing Driving an Intelligent Future

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6 hours ago

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January 21, 2025

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GlobePRWire / January 21, 2025, In today’s rapidly advancing technological landscape, edge computing, as a vital technical tool, is deepening its integration with blockchain technology to drive the arrival of an intelligent future. In simple terms, edge computing decentralizes data processing and computational tasks from traditional data centers to locations closer to the data sources. This reduces latency, improves efficiency, and enhances data privacy. Such a decentralized computing method is particularly suited for real-time processing and rapid decision-making scenarios, including smart devices, autonomous driving, and smart cities.

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With the widespread adoption of the Internet of Things (IoT) and smart devices, the generation and processing of massive amounts of data have become a challenge in modern society. Traditional cloud computing centers often face bottlenecks in bandwidth, latency, and computational resources when handling these data. The rise of edge computing partially addresses these issues by distributing computational resources at the network edge, enabling localized data processing, reducing dependence on centralized servers, and dramatically improving response times.

In this context, Origins chain’s decentralized features offer new opportunities for edge computing applications. As a decentralized blockchain platform, Origins chain is dedicated to providing global users with distributed computing resources and data storage services, which strongly supports edge computing. Through Origins chain, users can contribute their computational resources, including idle GPU and CPU power, to participate in the network’s computational tasks. This resource-sharing mechanism not only enhances computing efficiency but also reduces reliance on centralized computing centers, enabling distributed execution of data processing and computational tasks.

Furthermore, Origins chain employs a Proof of Stake (POS) mechanism, where users earn rewards by staking tokens and participate in the platform’s ecosystem development and technological upgrades. As a result, participants not only benefit from shared edge computing resources but also actively contribute to the innovation and progress of decentralized computing platforms. This incentive structure ensures that global users can both share computing resources and play a role in advancing intelligent technology, thereby fostering the growth of a decentralized smart ecosystem.

Edge computing demands efficient, stable, and secure computing and storage support, and Originschain provides the ideal infrastructure for this purpose. Whether in finance, healthcare, or supply chain management, edge computing can perform tasks more efficiently, improve decision-making speed, and ensure data security through Originschain’s decentralized network. In these sectors, distributed computing reduces latency, accelerates response times, and ensures that critical tasks are processed promptly in real-time environments.

Additionally, Origins chain provides developers and researchers with flexible development tools and frameworks, enabling them to quickly deploy edge computing applications on the blockchain. This innovative development environment allows more technological applications to be realized on decentralized platforms, breaking away from the reliance on centralized resources and capital typical of traditional computing solutions.

In the future, with the deep integration of edge computing and blockchain technology, Origins chain will play an important role in building an intelligent society. By offering decentralized infrastructure for edge computing, Originschain not only supports the efficient operation of smart devices and automated systems but also creates opportunities for global users to participate in the intelligent future. As technology continues to evolve, Originschain is poised to become a powerful force in driving an intelligent society, providing continuous support for future computational tasks.

Contact Person Name: Peter Wayne 

City State: Chicago, United States 

Website: https://originspro.com/ 

Webmail: mailto:rjaynes416@gmail.com

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Press Release

PrimeStone Global: Redefining the Review Landscape with Cutting-Edge Features

Published

7 hours ago

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January 21, 2025

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Switzerland / GlobePRWire / January 21, 2025, As competition intensifies in the online trading platform market, PrimeStone Global has emerged as a strong contender. With its sleek interface, powerful trading tools, and a growing number of positive reviews, the platform attracts both seasoned traders and beginners. What truly sets PrimeStone Global apart is its focus on customer feedback and transparency.

 

 

The Event That Drew Attention

 

Recently, PrimeStone Global captured headlines by hosting a live trading challenge for its users. This event allowed traders to compete in a real-time simulated environment, showcasing the platform’s lightning-fast execution speeds and robust analytical tools. Participants praised the user-friendly dashboard and customizable indicators, highlighting how these features gave them a competitive edge.

 

Why Reviews Matter?

 

The success of PrimeStone Global is not just about its features but also its customer-centric approach. In an industry where trust is critical, user reviews play a key role in shaping reputations. PrimeStone Global has embraced this by integrating an innovative review collection and feedback mechanism directly into its platform, further building trust with its user base.

 

Key Features Highlighted by Clients

 

1. Intuitive Interface

   Many reviews emphasize the platform’s clean and user-friendly design, making advanced tools accessible even to beginners.

 

2. Educational Resources  

   PrimeStone Global provides an extensive library of tutorials and webinars to help traders stay informed about market trends and improve their trading strategies.

 

3. Secure Transactions

   Users commend the platform’s robust security measures, including advanced encryption technology and two-factor authentication.

 

4. Responsive Customer Support

   Quick and professional assistance from the 24/7 customer support team is a recurring highlight in positive reviews.

 

To learn more about the platform and explore user experiences, searching for “PrimeStone Global reviews” reveals a wealth of perspectives and detailed feedback.

 

What’s Next for PrimeStone Global?

 

Looking ahead, the platform plans to introduce a AI driven with financial advisor advise feature where users can share trading strategies and insights, enhancing collaboration within its ecosystem. With its dedication to innovation and customer satisfaction, PrimeStone Global is poised to remain a leader in the highly competitive trading industry.

 

Disclaimer: Trading involves risk, and past performance is not indicative of future results. Always conduct thorough research or consult a financial advisor before engaging in trading activities. For more information, visit [PrimeStone Global] 

 

Media Details

Company Website: primestoneglobal.com

Company Name: PrimeStone Global 

Contact Person: Holly Schlotte

Email: support@primestoneglobal.com   

Address: Europaallee 23, 8004 Zürich, Switzerland

 

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