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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 safety. Without miners, Bitcoin will be vulnerable and easy to attack. Get this: Many Bitcoin users dont mine.
About Antpool Antpool mined its very first block in March 2014, meaning that it emerged roughly four decades following the initial mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds largest Bitcoin mining hardware manufacturer, and a huge portion of their pool is run on Bitmains own mining rigs.
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Also, Antpools user interface is surprisingly slick considering that the underlying company thrives mostly from hardware sales. The way to Join Antpool The pool is totally free to join and the procedure is simple. To begin with, you need to acquire Bitcoin mining hardware. Then you need to download mining program. If you need help deciding, I recommend you take a look at our hardware and software guides.
Software is important because it enables you to guide your hardwares hash power to 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 are Antpools Fees Antpool claims it does not cost any fees for using its pool.
While Antpool does not directly bill fees, it also does not disclose the Bitcoin transaction fees that 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. Recently, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are collected per cube 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 that the undisclosed fees make the ceremony 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 with no joining a pool. Therefore, in the event that you use 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 see this here Antpool has refused to enable arguably beneficial upgrades to Bitcoin for reasons based on claims that have been largely disproved.
More specifically, the controversy revolves around Segwit a quality which needs miner activation to be enabled. Regardless of the fact that the majority of Bitcoin users want this feature activated, Antpool, among other pools, appears 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 won't sell hardware into Segwit supporters have also begun to circulate. By using Antpool, you let the pool to pick on your hardwares approach to those matters, meaning that the pool which you used dictates the kind of Bitcoin protocol your hardware uses. If you wish to select which implementation your hardware needs to signal for, you can use a pool that leaves the choice to its users, such as the Slush mining pool.
The main difference between this 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. Thus, unlike Slush or even Antpool, Bitfury cannot be joined if you run mining hardware in your home. Bitfury 16nm ASIC Chip Unrelated to its own 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 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 using its miners. In every Bitcoin block, around 1-2 BTC values of transaction fees are also rewarded into the pool. Some pools keep these charges for themselves and DO NOT share with their miners! BTCC evenly divides the transaction prices among its miners, only as it divides the 12.5 BTC reward.