what's F2Pool?

F2Pool is a geographically distributed cryptocurrency mining pool that has been operational since 2013, enabling miners worldwide to contribute their computational power to secure various Proof-of-Work (PoW) networks. It supports over 40 cryptocurrencies, including Bitcoin, Litecoin, Ethereum Classic, and Kaspa, by aggregating hash rates from individual miners or farms to increase the chances of successfully mining blocks and earning rewards. The pool operates on a full pay-per-share (FPPS) payout model, where miners receive consistent payments based on their contributed shares, minus a small commission fee, and it emphasizes transparency through real-time dashboards for hash rate monitoring, earnings, and worker statistics. Technically, F2Pool connects miners via stratum protocol to its servers, handling block propagation and reward distribution efficiently across global nodes to minimize latency. It has played significant roles in crypto history, such as mining key blocks during network upgrades like Ethereum's Merge, and supports merged mining for additional revenue streams on compatible chains. Security features include DDoS protection and multi-signature wallets for payouts, making it a reliable choice for both novice and professional miners seeking stable operations without the need to run full nodes themselves.

F2Pool completed max withdrawal with >100% borrowing utilization and APY at 8.9% (up from 4.92%).