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Note: Should you cloud mine then you dont need to select a poolthe cloud mining company does this automatically. Why are Miners Important Bitcoin miners are crucial to Bitcoin and its security. Without miners, Bitcoin will be vulnerable and easy to strike. Get this: Most Bitcoin users dont mine.
About Antpool Antpool mined its first block in March 2014, meaning that 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 also a large portion of their pool is run on Bitmains own mining channels.
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Additionally, Antpools user interface is surprisingly slick considering that 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 simple. To begin with, you need to get Bitcoin mining hardware. Then you need to download mining software. Should you need assistance deciding, I suggest you take a look at our hardware and software guides.
Software is important since it enables you to direct your hardwares hash electricity to the pool you prefer. So be certain that you make the best choice in order to optimize your rewards. Finally, sign up at antpool.com to begin. What exactly are Antpools Fees Antpool asserts it does not cost any fees for using its pool.
Even though Antpool does not directly charge fees, it also does not disclose the Bitcoin transaction fees that are collected. Fundamentally, clients are left in the dark. Currently, every Bitcoin block includes a 12.5 BTC reward which 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 collected per block by pools.
It can be argued that these rates prevent the service from being usable for both small-time and big-volume users. Consequently, some users on bitcointalk.org heed the undisclosed fees make the service unwise to use 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 you mine to get 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's the Controversy around Antpool Antpool has refused to enable arguably beneficial updates to Bitcoin for reasons based on promises which have been largely disproved.
More especially, the controversy revolves around Segwit a feature which needs 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 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 refuses to sell hardware into Segwit fans have also begun to circulate. By using Antpool, you let the pool to decide your hardwares approach to these things, meaning that the pool which you used dictates the type of Bitcoin protocol that your hardware uses. If 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, such as the Slush mining pool.
The main difference between the Bitfury pool and other mining pools is the fact 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 own special info 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 and more! Worldwide Servers BTCC runs servers all around 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 with its miners. In each Bitcoin block, around 1-2 BTC values of transaction prices are also rewarded to the pool. Some pools maintain these fees for themselves and DO NOT talk with their miners! BTCC evenly splits the transaction prices among its miners, only like it splits the 12.5 BTC reward.