Mining pools are vital to cryptocurrencies, especially in the altcoin department. Very interesting trends have emerged in this regard over the past few years. A recently announced project, on the other hand, already causes a lot of concern. It aims to mine all altcoins and dump them on the market in exchange for Bitcoin Cash.
Not too much is known about the SharkPool project at his time. It is not a mining pool which has gone live yet, but the website itself causes plenty of concern during this initial stage. More specifically, it is a different take on multipool mining, albeit with a somewhat nefarious purpose first and foremost. That usually doesn’t bode well for any of the currencies involved, especially not when it can affect all altcoins in a negative manner.