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Note: Should you cloud mine then you dont need to pick a poolthe cloud mining company does this automatically. Why are Miners Important Bitcoin miners are crucial to Bitcoin and its security. With no 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 about four years after 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 pool is run on Bitmains own mining channels.
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Also, Antpools user interface is surprisingly slick considering that the underlying company thrives largely off of hardware sales. How to Join Antpool The swimming pool is totally free to join and the process is straightforward. To begin with, you need to acquire Bitcoin mining hardware. Then you need to download mining program. Should you need assistance deciding, I suggest 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 prefer. So be sure to make the right choice in order to optimize your own rewards. Finally, sign up in antpool.com to get started. What are Antpools Fees Antpool claims 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, every Bitcoin block has a 12.5 BTC reward that Antpool will 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 block by pools.
It can be argued that these rates prevent the support from being usable for both small-time and big-volume users. Consequently, some users on bitcointalk.org heed 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 overlooks 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 without joining a pool. So if you utilize Antpool 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 that have been largely disproved.
More specifically, the controversy revolves around Segwit a feature which 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 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 to Segwit fans have also begun to circulate. By using Antpool, you allow the pool to decide on your hardwares approach to these things, meaning that the pool that you used dictates the type of view publisher site Bitcoin protocol that your hardware employs. Should you would like to decide which implementation your hardware should signal for, then you can use a pool that leaves the option 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 private 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 to 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 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 good thing about BTCC swimming pool is that it stocks Bitcoin transaction fees with its miners. In every Bitcoin block, around 1-2 BTC worth of transaction fees are also rewarded to the pool. get more Some pools keep these fees for themselves and DO NOT share with their miners! BTCC evenly splits the transaction prices among its miners, just as it splits the 12.5 BTC reward.