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Note: Should 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 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 decades following the first mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds largest Bitcoin mining equipment manufacturer, and a huge portion of their swimming pool is run on Bitmains own mining channels.
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Additionally, Antpools user interface is surprisingly slick considering the underlying company thrives largely off of 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 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 prefer. So be sure that you make the right choice in order to maximize your rewards. Finally, sign up at antpool.com to get started. What are Antpools Fees Antpool asserts that it does not charge any fees for using its pool.
Even though Antpool does not directly charge fees, 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 which 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 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 fees make the ceremony unwise to use for the time being. What is the Payout Threshold The pool does not appear to get a payout threshold and overlooks 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 receive more frequent payouts by joining a pool. What is the Controversy around Antpool Antpool has vowed to enable arguably beneficial upgrades to Bitcoin for reasons based on claims which have been largely disproved.
More especially, the controversy revolves around Segwit a quality 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 allow the pool to decide your hardwares approach to these things, meaning that the pool that you used dictates the type of Bitcoin protocol your hardware employs. Should you would like to decide which implementation your hardware needs to 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 that Bitfury is a private pool. Bitfury, the company, makes its own mining hardware and runs its own pool. So, unlike Slush or even Antpool, Bitfury cannot be joined if 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 web link Servers BTCC runs servers all around the world so 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 from this source fact that it stocks Bitcoin transaction fees with its miners. In every Bitcoin block, around 1-2 BTC values of transaction prices are also rewarded into the pool. Some pools keep these fees for themselves and DO NOT talk with their miners! BTCC evenly divides the transaction fees among its miners, just as it divides the 12.5 BTC reward.