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Note: Should 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 safety. 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 it emerged roughly four decades following the first mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds biggest Bitcoin mining hardware manufacturer, and also a huge portion of their pool is run on Bitmains own mining rigs.
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Additionally, Antpools user interface is surprisingly slick considering that the underlying company thrives mostly from hardware sales. How to Join Antpool The swimming pool is free to join and the procedure is simple. First, you need to get Bitcoin mining hardware. Then you need to download mining program. Should you need help deciding, I recommend you take a peek at our hardware and software guides.
Software is important since it enables you to guide your hardwares hash power towards the pool you would like. So make sure that you make the right choice in order to maximize your rewards. Finally, sign up at antpool.com to get started. What exactly are Antpools Fees Antpool claims it does not charge any fees for using its pool.
While 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, each Bitcoin block includes a 12.5 BTC reward that Antpool will share with you when it finds a block. Lately, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are accumulated a cube by pools.
It can find here 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 ceremony unwise to use for the time being. What is the Payout Threshold The pool does not seem to have 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 for bitcoins without joining a pool. So 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 vowed 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 feature which requires miner activation to be enabled. Regardless of the fact that the majority of Bitcoin users want this feature activated, Antpool, among other pools, seems to be read more 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 won't sell hardware to Segwit supporters have also begun to circulate. By using Antpool, you allow the pool to decide your hardwares approach to these things, meaning that the pool which you additional reading used dictates the kind of Bitcoin protocol your hardware employs. Should you wish to select which implementation your hardware needs to signal for, then you can use a pool which leaves the option to its customers, such as the Slush mining pool.
The main difference between the 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. 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 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 around the world so your mining hardware can connect easily to the BTCC pool.
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Bobby Lee, BTCC CEO Shared Transaction Charges One great thing about BTCC pool is that it shares Bitcoin transaction fees with its miners. In each Bitcoin block, around 1-2 BTC values of transaction prices are also rewarded into the pool. Some pools maintain these fees for themselves and DO NOT talk with their miners! BTCC evenly divides the transaction prices among its miners, just like it divides the 12.5 BTC reward.