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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 crucial to Bitcoin and its own security. With no miners, Bitcoin would be vulnerable and easy to attack. Get this: Many Bitcoin users dont mine.
About Antpool Antpool mined its first block in March 2014, meaning it emerged roughly four years following the initial mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds biggest Bitcoin mining equipment manufacturer, and also a huge 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 from hardware sales. The way to Join Antpool The pool is free to join and the process is simple. First, you need to get Bitcoin mining equipment. 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 since it enables you to guide your hardwares hash electricity towards the pool you prefer. So make sure that you make the best choice in order to maximize your rewards. Finally, sign up in antpool.com to begin. What exactly are Antpools Fees Antpool claims that it does not charge any fees for using its pool.
While Antpool does not directly bill commissions, it also does not disclose the Bitcoin transaction fees which are collected. Basically, clients are left in the dark. Currently, each Bitcoin block includes 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 collected a block by pools.
It can be argued that these prices prevent the service from being usable for both small-time and big-volume users. Consequently, some users on bitcointalk.org heed that the undisclosed prices make the service unwise to work with for the time being. What's 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 really do Solo Mining on Antpool Solo mining means 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 receive more frequent payouts by joining a pool. What is the Controversy around Antpool Antpool has refused to enable arguably beneficial updates 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. Despite the fact 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 to Segwit fans also have begun to circulate. By using Antpool, you allow the pool to pick your hardwares approach to those things, meaning that the pool which you used dictates the type of Bitcoin protocol that your hardware uses. If you wish to decide which implementation your hardware needs to signal for, you can use a pool which leaves the option to its users, like the Slush mining pool.
The main difference between this her response Bitfury pool and other mining pools is the fact that Bitfury is a personal pool. Bitfury, the company, makes its own mining hardware and runs its own pool. Thus, unlike Slush or Antpool, Bitfury cannot be joined if you run mining hardware in your 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 bodily bitcoins and much more! Worldwide Servers BTCC runs servers all over the world so your mining hardware can connect easily to the BTCC pool.
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Bobby Lee, BTCC CEO Shared Transaction Fees One great thing about BTCC pool is that it shares Bitcoin transaction fees with its miners. In every Bitcoin block, around 1-2 BTC values of transaction prices will also be rewarded to the pool. Some pools keep these fees for themselves and DO NOT talk with their miners! BTCC evenly divides the transaction prices among its miners, just like it splits the 12.5 BTC reward.