Luxor Starts Ethereum Mining Pool as Proof-of-Stake Shift Looms

Luxor Starts Ethereum Mining Pool as Proof-of-Stake Shift Looms
Luxor, the crypto software and services company, is launching an Ethereum mining pool even as the cryptocurrency is currently planning to abolish mining from its network.The company is working with large institutional miners, including Hut 8, and several retail miners in North America to provide a U.S.-based Ethereum mining pool, the company said in a statement on Monday.“The mining pool is outfitted for Miner Extractable Value, a novel mining strategy for maximizing Ethereum transaction value, and is optimized for a low uncle rate (mined blocks that aren’t added to the longest blockchain history but which miners get paid for all…