CanoePool.

CanoePool, or Canoe Pool, was the mining poolMining poolA group of miners who share the work of finding blocks and split the rewards, so each gets paid steadily instead of rarely. of Chongqing Yuhuan Technology Co., Ltd., a Chinese company led by its founder, Ang Li. In October 2017 the company said it had two large mining farms, in Sichuan and Xinjiang, the second run in partnership with Bitmain, the mining-machine maker.

Its first block, 453,460, came on 17 February 2017, and its busiest month was June 2017, with 74 blocks, about 1.7% of all blocks that month. Miners could choose pay per share, or PPS, a set amount for each piece of work they sent, or PPLNS, a share of each block the pool found by how much of the recent work they had done. Either way, each CanoePool block’s first transaction paid the whole reward to one CanoePool address, and the pool paid its miners from there. These are payments to the pool’s miners, separate from the transactions confirmed inside the block.

mempool.space credits CanoePool with 444 blocks, about 0.05% of all Bitcoin blocks, the last on 10 November 2017. Blocks tagged “canoepool” kept coming until 1 September 2018, 322 more, but they paid an address that mempool.space assigns to another pool, 1THash, so it lists them under that name. No announcement of CanoePool’s closure was found.