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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 critical to Bitcoin and its security. With no miners, Bitcoin would be vulnerable and easy to attack. Get this: Many 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 biggest 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 get Bitcoin mining hardware. Then you need to download mining software. If you need assistance deciding, I recommend you have a look at our hardware and software guides.
Software is important because it enables you to direct your hardwares hash power towards the pool you prefer. So make certain that you make the best choice in order to optimize your own rewards. Finally, sign up in antpool.com to get started. What exactly are Antpools Fees Antpool asserts it does not charge 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, every Bitcoin block includes a 12.5 BTC reward which Antpool does talk with you when it finds a block. Lately, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are accumulated per cube 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 that the undisclosed fees make the service unwise to use for the time being. What's the Payout Threshold The pool does not appear to get a payout threshold and overlooks daily around 10 AM UTC.
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Can you really do Solo Mining on Antpool Solo mining means you mine to get bitcoins without joining a pool. Therefore, in the event that you utilize Antpool that 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 feature that requires miner activation to be enabled. Despite the fact that the majority of 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).
Moreover, allegations that the owner won't sell hardware into Segwit supporters have also begun to circulate. By using Antpool, you allow the pool to decide your hardwares approach to these things, meaning that the pool which you used dictates the kind of Bitcoin protocol your hardware uses. If you wish to decide which implementation your hardware should signal for, you can use a pool that leaves the choice to its customers, such as the Slush mining pool.
The main difference between this 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 see this 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 around the world so your mining equipment can connect easily to the BTCC pool.
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Bobby Lee, BTCC CEO Shared Transaction Fees One good thing about BTCC pool is the fact that it shares Bitcoin transaction fees with its miners. In every Bitcoin block, around 1-2 BTC values of transaction fees will also be rewarded to the pool. Some pools maintain these charges for themselves and DO NOT share with their miners! BTCC evenly splits the transaction fees among its miners, just like it divides the 12.5 BTC reward.