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Eleven years ago to the day, the Bitcoin space was grappling with the ballooning hash rate of one massively popular mining pool: Ghash.io.

Ghash, which was owned by CEX.io (an exchange still operating today) was widely considered the best mining pool in 2014. It had automatic payouts and ultra-low fees, and it even shared transaction fees with the entire pool, whereas others tended to keep those for themselves.

There was also clear and responsive tooling for tracking hash rates and incomes, and it supported more merge-mined coins than any other pool. Users could even trade hash rate and…

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