Difference between revisions of "F2Pool"

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== Basics ==
== Basics ==
* Founded: April 2013
* Founded: April 2013
* [https://www.f2pool.com/ Chinese mining pool] that has been persistent in mining [[BTC]] since the beginning (a notable exception since many pools have come and gone again)
 
* From [https://news.bitcoin.com/a-short-history-of-the-worlds-largest-bitcoin-mining-pools/?utm_medium=notification&utm_campaign=Push%20Notifications this post]  (9-2019) by [[Bitcoin.com]]:
== History ==
''"History: F2pool is China’s oldest [[bitcoin]] [[mining pool]], and the second largest BTC pool in the world today after [[BTC.com]]. It also operates the third largest [[ethereum]] [[mining]] operation. As the Bitcoin Wiki [https://en.bitcoin.it/wiki/F2Pool explains], the F2pool was once known as Discus Fish on account of its [[coinbase]] signature of 七彩神仙鱼 (Discus Fish), the nickname of one of the operators. Today, F2pool captures 12.38 EH/s on the BTC network, 50.36 TH/s on LTC and 21.42 TH/s on ETH. The pool also provides Android and iOS apps and a range of tools including mining revenue comparisons.''
* [https://www.f2pool.com/ Chinese mining pool] that has been persistent in mining [[BTC]] since the beginning (a notable exception since [[MANY|many]] pools have come and gone again)
*From [https://news.bitcoin.com/a-short-history-of-the-worlds-largest-bitcoin-mining-pools/?utm_medium=notification&utm_campaign=Push%20Notifications this post]  (9-2019) by [[Bitcoin.com]]:
''"History: F2pool is China’s oldest [[bitcoin]] [[mining pool]], and the second largest BTC pool in the world today after [[BTC.com]]. It also operates the third largest [[ethereum]] [[mining]] operation. As the Bitcoin Wiki [https://en.bitcoin.it/wiki/F2Pool explains], the F2pool was once known as [[Discus Fish]] on account of its [[coinbase]] [[signature]] of 七彩神仙鱼 (Discus Fish), the nickname of one of the operators. Today, F2pool captures 12.38 EH/s on the BTC network, 50.36 TH/s on LTC and 21.42 TH/s on ETH. The pool also provides Android and iOS apps and a range of tools including mining revenue comparisons.''


''In 2014, F2pool controlled 25% of the [[BTC]] network and 31% of the [[LTC]], leading to fears that it could launch a [[51% attack]]."''
''In 2014, F2pool controlled 25% of the [[BTC]] network and 31% of the [[LTC]], leading to fears that it could launch a [[51% attack]]."''
* Signals [[Segregated Witness|SegWit]]
* Signals [[Segregated Witness|SegWit]]
* Was part of the Chinese [[Miner|miners]] that signed a statement that they want 8MB [[Block|blocks]]. Signatories included the large mining companies [[BTCChina]], [[Antpool]], [[Huobi]], and [[BW]].
* Was part of the Chinese [[Miner|miners]] that signed a statement that they want 8MB [[Block|blocks]]. Signatories included the large mining companies [[BTCChina]], [[Antpool]], [[Huobi]], and [[BW]].
* F2pool mentioned on wechat (6-2019) that it was observable from [[hashrate]] distribution that [[Block Withholding Attacks|withholding block attacks]] are happening a lot.
 
== Controversies ==
 
* Got named in a [https://cryptoslate.com/researchers-say-they-discovered-consensus-level-attack-on-ethereum-miners-cheating-the-system-to-earn-more/ research paper] (5-8-2022) which highlighted F2Pool’s [[block]] timestamps being artificially altered to improve [[Ethereum (ETH)|ETH]] mining rewards.
 
* F2pool mentioned on Wechat (6-2019) that it was observable from [[hashrate]] distribution that [[Block Withholding Attacks|withholding block attacks]] are happening a lot.
 
== Mining Stats ==
 
* Also has a mining pool directed to [[Sia]] but [https://siastats.info/mining_pools had] 0.0% of the [[hashrate]] as of 8-2019.
* Also has a mining pool directed to [[Sia]] but [https://siastats.info/mining_pools had] 0.0% of the [[hashrate]] as of 8-2019.
* Coins mined: [[BTC]], [[LTC]], [[ETH]], [[ZEC]], [[SCC]], [[SiaCoin (SC)|SC]], [[DASH]], [[XMR]], [[Decred (DCR)|DCR]], [[ZCoin (XZC)|XZC]], [[AION]].
* Coins [[mined]]: BTC, [[LTC]], ETH, [[ZEC]], [[SCC]], [[SiaCoin (SC)|SC]], [[DASH]], [[XMR]], [[Decred (DCR)|DCR]], [[ZCoin (XZC)|XZC]], [[AION]].
* [https://ournetwork.substack.com/p/our-network-issue-30?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo3MjcyMjQsIl8iOiIwb3pkOCIsImlhdCI6MTU5NTExMTA5MCwiZXhwIjoxNTk1MTE0NjkwLCJpc3MiOiJwdWItMjEzNjIiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.NIwJjaEmJepZIck4g8SXScsux9PMtosFHenEAh1Wo5Q Is 25%] (17-7-2020) of the [[Handshake]] mining power.
* [https://ournetwork.substack.com/p/our-network-issue-30?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo3MjcyMjQsIl8iOiIwb3pkOCIsImlhdCI6MTU5NTExMTA5MCwiZXhwIjoxNTk1MTE0NjkwLCJpc3MiOiJwdWItMjEzNjIiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.NIwJjaEmJepZIck4g8SXScsux9PMtosFHenEAh1Wo5Q Is 25%] (17-7-2020) of the [[Handshake]] [[mining power]].


== Team, partners, etc. ==
== Team, partners, etc. ==
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* [[Discusfish]]; co-founder
* [[Discusfish]]; co-founder
* Is listed as a 'Cooperative Partner' on the [http://monero-classic.org/index_en.html website] of [[Monero Classic (XMC)|Monero Classic]] (9-2019).
* Is listed as a 'Cooperative Partner' on the [http://monero-classic.org/index_en.html website] of [[Monero Classic (XMC)|Monero Classic]] (9-2019).
*[[Zircuit (ZRC)|Zircuit]]; [https://x.com/ZircuitL2/status/1815418476191686935/photo/1 mentioned] a founder was part of their Mainnet Round (22-7-2024).
[[Category:Companies/Organisations]]
[[Category:Companies/Organisations]]
[[Category:Mining Pool]]
[[Category:Mining Pool]]

Latest revision as of 02:42, 28 November 2024

Basics

  • Founded: April 2013

History

"History: F2pool is China’s oldest bitcoin mining pool, and the second largest BTC pool in the world today after BTC.com. It also operates the third largest ethereum mining operation. As the Bitcoin Wiki explains, the F2pool was once known as Discus Fish on account of its coinbase signature of 七彩神仙鱼 (Discus Fish), the nickname of one of the operators. Today, F2pool captures 12.38 EH/s on the BTC network, 50.36 TH/s on LTC and 21.42 TH/s on ETH. The pool also provides Android and iOS apps and a range of tools including mining revenue comparisons.

In 2014, F2pool controlled 25% of the BTC network and 31% of the LTC, leading to fears that it could launch a 51% attack."

Controversies

  • Got named in a research paper (5-8-2022) which highlighted F2Pool’s block timestamps being artificially altered to improve ETH mining rewards.

Mining Stats

Team, partners, etc.