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Note: If you cloud mine then you dont need to pick a pool; the cloud mining company does this automatically. Why are Miners Important Bitcoin miners are critical to Bitcoin and its safety. With no miners, Bitcoin will be vulnerable and easy to attack. Get this: Most Bitcoin users dont mine.
About Antpool Antpool mined its first block in March 2014, meaning it emerged roughly four decades following the initial mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds biggest Bitcoin mining equipment manufacturer, and also a large portion of their pool is run on Bitmains own mining rigs.
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Additionally, Antpools user interface is surprisingly slick considering the underlying company thrives mostly off of hardware sales. How to Join Antpool The pool is free to join and the process is simple. First, you need to acquire Bitcoin mining hardware. Then you need to download mining software. If you need help deciding, I suggest you take a peek at our hardware and software guides.
Software is important since it enables you to guide your hardwares hash power to the pool you prefer. So be certain that you make the best choice in order to maximize your own rewards. Finally, sign up in antpool.com to get started. What are Antpools Fees Antpool claims that it does not charge any fees for using its pool.
While Antpool does not directly charge commissions, it also does not disclose the Bitcoin transaction fees that are collected. Fundamentally, clients are left in the dark. Currently, every Bitcoin block has a 12.5 BTC reward that Antpool will talk with you when it finds a block. Lately, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are collected per cube by pools.
It can be argued that these rates prevent the service from being usable for small-time and big-volume users. Consequently, some users on bitcointalk.org heed the undisclosed prices make the ceremony unwise to use for the time being. What is the Payout Threshold The pool does not seem to get a payout threshold and overlooks every day around 10 AM UTC.
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Can you really do Solo Mining on Antpool Solo mining means you mine to get bitcoins with no joining a pool. Therefore, in the event that you utilize Antpool you are not solo mining by default. Generally, you will receive more frequent payouts by joining a pool. What's the Controversy around Antpool Antpool has vowed to enable arguably beneficial updates to Bitcoin for reasons based on claims which have been largely disproved.
More especially, the controversy revolves around Segwit a feature that requires miner activation to be enabled. Despite the fact that the majority of Bitcoin users want this feature activated, Antpool, among other pools, seems to be blocking this feature. Antpool began signaling for Bitcoin Unlimited in early March 2017 for reasons that have not been elucidated by Bitmain CEO (and cofounder Jihan Wu).
Furthermore, allegations that the owner refuses to sell hardware into Segwit supporters also have begun to circulate. By using Antpool, you allow the pool to decide your hardwares approach to those matters, meaning that the pool that you used dictates the type of Bitcoin protocol that your hardware uses. Should you wish to decide which implementation your hardware should signal for, then you can use a pool that leaves the option to its customers, like the Slush mining pool.
The main difference between the Bitfury pool and other mining pools is that Bitfury is a personal pool. Bitfury, the company, makes its own mining equipment and runs its own pool. Thus, unlike Slush or even Antpool, Bitfury cannot be joined in case you run mining hardware in your home. Bitfury 16nm ASIC Chip Unrelated to its pool, Bitfury sells a 16nm ASIC mining processor.
Valery Vavilov, CEO of BitFury BTCC Mining Pool Review BTCC Mining Pool is run by BTCC, a Bitcoin company based in China. The company also runs a Bitcoin exchange, wallet, prints physical bitcoins and much more! Worldwide Servers BTCC click to read runs servers all over the world so that your mining equipment can connect easily to the BTCC pool.
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Bobby Lee, BTCC CEO Shared Transaction Fees One good thing about BTCC pool is the fact that it shares Bitcoin transaction fees using its miners. In each Bitcoin block, around 1-2 BTC worth of transaction fees will also be rewarded into the pool. Some pools keep these charges for themselves and DO NOT share with their miners! BTCC evenly divides the transaction prices among its miners, only as it splits the 12.5 BTC reward.