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Note: Should you cloud mine then you dont need to select a pool; the cloud mining company will do this automatically. Why are Miners Important Bitcoin miners are critical to Bitcoin and its own safety. 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 following 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 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 mostly 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 equipment. Then you need to download mining software. Should you need assistance deciding, I suggest you have a look at our hardware and software guides.
Software is important since it enables you to guide your hardwares hash power to the pool you would like. So make certain that you make the best choice in order to optimize your own 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.
Even though Antpool does not directly charge commissions, it also does not disclose the Bitcoin transaction fees which are collected. Basically, clients are left in the dark. Currently, each Bitcoin block has a 12.5 BTC reward that Antpool does share with you when it finds a block. Lately, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are collected per block 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 the undisclosed prices make the ceremony unwise to work with for the time being. What is the Payout Threshold The pool does not appear to have 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 here for bitcoins with no joining a pool. Therefore, if you utilize Antpool you are not solo mining by default. Generally, you will get 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 especially, the controversy revolves around Segwit a feature which requires 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 your hardwares approach to those matters, meaning my website that the pool that you used dictates the kind of Bitcoin protocol that your hardware employs. Should you wish to decide which implementation your hardware should 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 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 if you run mining hardware at 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 that your mining equipment can connect easily to the BTCC pool.
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Bobby Lee, BTCC CEO Shared Transaction Fees One great thing about BTCC swimming pool is the fact that it shares Bitcoin transaction fees using its miners. In every Bitcoin block, around 1-2 BTC values of transaction prices are also rewarded to the pool. Some pools maintain these charges for read review themselves and DO NOT share with their miners! BTCC evenly splits the transaction fees among its miners, only as it splits the 12.5 BTC reward.