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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 security. Without 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 that it emerged about four decades after the first mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds largest Bitcoin mining equipment manufacturer, and also a huge portion of their pool is run on Bitmains own mining channels.
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Additionally, Antpools user interface is surprisingly slick considering that the underlying company thrives largely from hardware sales. The way to Join Antpool The pool is totally free to join and the procedure is simple. To begin with, you need to acquire Bitcoin mining equipment. Then you need to download mining software. If you need assistance deciding, I recommend you take a look at our hardware and software manuals.
Software is important since it enables you to direct your hardwares hash power towards the pool you prefer. So make sure that you make the best choice in order to optimize your rewards. Finally, sign up at antpool.com to get started. What exactly are Antpools Fees Antpool asserts it does not cost any fees for using its pool.
Even though Antpool does not directly charge fees, 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 which Antpool does talk with you when it finds a block. Lately, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are accumulated per cube by pools.
It can be argued that these rates prevent the service from being usable for both small-time and big-volume users. Consequently, some users on bitcointalk.org heed that the undisclosed fees make the ceremony unwise to use for the time being. What is the Payout Threshold The pool does not seem to have a payout threshold and overlooks every day around 10 AM UTC.
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Can you do Solo Mining on Antpool Solo mining means that you mine to get bitcoins with no joining a pool. Therefore, if you use Antpool you are not solo mining by default. Generally, you will get more frequent payouts by joining a pool. What's the Controversy around Antpool Antpool has refused to enable arguably beneficial upgrades to Bitcoin for reasons based on promises which have been largely disproved.
More specifically, the controversy revolves around Segwit a feature which requires miner activation to be enabled. Despite the fact go to this website that most 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).
Moreover, allegations that the owner refuses to sell hardware into Segwit supporters have also begun to circulate. By using Antpool, you let the pool to decide on your hardwares approach to those matters, meaning that the pool which you used dictates the type of Bitcoin protocol your hardware uses. Should you wish to select which implementation your hardware should signal for, then you can use a pool that leaves the option to its users, such as the Slush mining pool.
The main difference between this Bitfury pool and other mining pools is the fact that Bitfury is a private pool. Bitfury, the company, makes its own mining hardware and runs its own pool. Thus, unlike Slush or even Antpool, Bitfury cannot be joined in case you run mining hardware at home. Bitfury 16nm ASIC Chip Unrelated into 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 runs servers all over the world so that your mining hardware can connect easily to the BTCC pool.
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Bobby Lee, BTCC CEO Shared Transaction Fees One good thing about BTCC swimming pool is that it stocks Bitcoin transaction fees using its miners. In every Bitcoin block, around 1-2 BTC worth of transaction prices 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, just as it splits the 12.5 BTC reward.