A mining pool is a group of cryptocurrency miners who combine their computational power to increase the chances of successfully mining a block. Rewards earned from block creation are distributed among pool members proportionally to the computing power they contribute. Mining pools help smaller miners participate in block validation and earn more consistent rewards than mining alone. Pools are typically managed by centralized operators who coordinate work and distribute payouts.
Coinbase has formed an independent advisory board of cryptography and quantum experts to evaluate long-term risks that quantum computing could pose to Bitcoin and blockchain security.
Hundreds of crypto wallets across EVM-compatible chains have been drained in an ongoing attack, with investigators yet to identify the root cause or point of compromise.