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Note: If you cloud mine then you dont need to pick a poolthe cloud mining company will do this automatically. Why are Miners Important Bitcoin miners are crucial to Bitcoin and its security. Without miners, Bitcoin would 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 roughly four years following the initial mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds largest Bitcoin mining equipment manufacturer, and a large portion of their swimming pool is run on Bitmains own mining channels.
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Additionally, Antpools user interface is surprisingly slick considering the underlying company thrives largely off of hardware sales. How to Join Antpool The pool is totally free to join and the procedure is simple. First, you need to acquire Bitcoin mining hardware. Then you need to download mining program. Should you need assistance deciding, I recommend you take a look at our hardware and software guides.
Software is important because it enables you to guide your hardwares hash power to the pool you would like. So be sure that you make the right choice in order to optimize your own rewards. Finally, sign up at antpool.com to get started. What exactly are Antpools Fees Antpool claims it does not cost any fees for using its pool.
While Antpool does not directly bill 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 that Antpool does talk with you when it finds a block. Recently, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are accumulated a cube by pools.
It can be argued that these rates prevent the support from being usable for small-time and big-volume users. Consequently, some users on bitcointalk.org heed that the undisclosed fees make the service unwise to work with for the time being. What is the Payout Threshold The pool does not seem to get a payout threshold and pays out every day around 10 AM UTC.
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Can you do Solo Mining on Antpool Solo mining means you mine to get bitcoins with no joining a pool. So in the event that you use Antpool that you are not important link solo mining by default. Generally, you will receive 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 claims which have been largely disproved.
More specifically, the controversy revolves around Segwit a quality that needs miner activation to be enabled. Regardless of the fact that most Bitcoin users want this feature activated, Antpool, among other pools, seems to be blocking this attribute. 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 to Segwit fans have also begun to circulate. By using Antpool, you allow the pool to decide your hardwares approach to these matters, meaning that the pool which you used dictates the kind of Bitcoin protocol your hardware uses. If you would like to decide which implementation your hardware needs to 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 the Bitfury pool and other mining pools is that Bitfury is a private pool. Bitfury, the company, makes its own mining equipment and runs its own pool. So, unlike Slush or Antpool, Bitfury cannot be joined in case you run mining hardware in your home. Bitfury 16nm ASIC Chip Unrelated into its pool, Bitfury sells a 16nm ASIC mining chip.
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 more! Worldwide Servers BTCC runs servers all over the world so your mining equipment can connect easily to the BTCC pool.
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Bobby Lee, BTCC CEO Shared Transaction Charges One great thing about BTCC swimming pool is that it shares Bitcoin transaction fees with its miners. In each Bitcoin block, around 1-2 BTC values of transaction prices will also be rewarded to the pool. Some pools maintain these fees 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.