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Note: If you cloud mine then you dont need to select a poolthe cloud mining company will do this automatically. Why are Miners Important Bitcoin miners are crucial to Bitcoin and its own 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 it emerged roughly four years after the first mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds largest Bitcoin mining hardware manufacturer, and also a large portion of their swimming pool is run on Bitmains own mining channels.
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Also, Antpools user interface is surprisingly slick considering the underlying company thrives largely off of hardware sales. The way to Join Antpool The pool is totally free to join and the process is straightforward. To begin with, you need to get Bitcoin mining hardware. Then you need to download mining program. If you need help deciding, I suggest you have a peek at our hardware and software guides.
Software is important since it enables you to guide your hardwares hash power to the pool you prefer. So be certain to make the best choice in order to maximize your rewards. Finally, sign up in antpool.com to get started. What are Antpools Fees Antpool asserts it does not cost any fees for using its pool.
While Antpool does not directly bill commissions, 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. Recently, 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 support from being usable for small-time and big-volume users. Consequently, some users on bitcointalk.org heed that the undisclosed prices make the service unwise to use for the time being. What's the Payout Threshold The pool does not seem to get a payout threshold and pays out daily 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 check these guys out 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 feature which requires 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 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).
Furthermore, allegations that the owner won't sell hardware into Segwit supporters also have begun to circulate. By using Antpool, you let the pool to pick your hardwares approach to these things, meaning that the pool which you used dictates the type of Bitcoin protocol your hardware uses. Should you wish to decide which implementation your hardware should signal for, then you can use a pool which leaves the choice to its customers, such as the Slush mining pool.
The main difference recommended you read 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 even Antpool, Bitfury cannot be joined in case you run mining hardware in your home. Bitfury 16nm ASIC Chip Unrelated to 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 more helpful hints and much more! Worldwide Servers BTCC runs servers all over the world so that 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 shares 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 fees for themselves and DO NOT share with their miners! BTCC evenly divides the transaction fees among its miners, just as it divides the 12.5 BTC reward.