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Note: If you cloud mine then you dont need to pick a pool; the cloud mining company will do this automatically. Why are Miners Important Bitcoin miners are crucial 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 about four decades following the first mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds largest Bitcoin mining hardware 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 that the underlying company thrives largely off of hardware sales. The way to Join Antpool The swimming pool is free to join and the process is simple. To begin with, you need to acquire Bitcoin mining equipment. Then you need to download mining software. If you need help deciding, I recommend you have a look at our hardware and software manuals.
Software is important because it enables you to direct your hardwares hash power to the pool you would like. So be sure to make the right choice in order to maximize your own rewards. Finally, sign up in antpool.com to begin. What are Antpools Fees Antpool asserts it does not charge 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. Basically, clients are left in the dark. Currently, every Bitcoin block includes 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 collected per cube by pools.
It can be argued that these prices prevent the support 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 work with 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 that you mine to get bitcoins without joining a pool. Therefore, if you use Antpool that 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 vowed to enable arguably beneficial updates to Bitcoin for reasons based on promises which have been largely disproved.
More specifically, the controversy revolves around Segwit a feature straight from the source that needs miner activation to be enabled. Despite 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).
Moreover, allegations that the owner refuses to sell hardware to Segwit fans also have begun to circulate. By using Antpool, you let the pool to decide on your hardwares approach to these things, meaning that the pool which you used dictates the kind of Bitcoin protocol that your hardware employs. Should you wish to select which implementation your hardware needs to signal for, you can use a pool which leaves the choice to its users, like the Slush mining pool.
The main difference between this Bitfury pool and other mining pools is the fact 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 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 bodily bitcoins and more! Worldwide Servers BTCC runs servers all around 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 good thing about BTCC pool is the fact that it stocks Bitcoin transaction fees with its miners. In each Bitcoin block, around 1-2 BTC values of transaction fees are also rewarded to 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 like it divides the 12.5 official source BTC reward.