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Note: Should you cloud mine then you dont need to pick a pool; the cloud mining company will do this automatically. Why are Miners Important Bitcoin miners are critical to Bitcoin and its safety. With no miners, Bitcoin will be vulnerable and easy to attack. Get this: Most Bitcoin users dont mine.
About Antpool Antpool mined its very first block in March 2014, meaning it emerged roughly four years after the initial 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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Also, Antpools user interface is surprisingly slick considering that the underlying company thrives largely off of hardware sales. How to Join Antpool The pool is totally free to join and the process is simple. To begin with, you need to acquire Bitcoin mining hardware. Then you need to download mining software. If you need help deciding, I suggest you have 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 would like. So be certain that you make the right choice in order to maximize your rewards. Finally, sign up at antpool.com to get started. What exactly are Antpools Fees Antpool claims that it does not cost any fees for using its pool.
While 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 talk 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 service from being usable for small-time and big-volume users. Consequently, some users on bitcointalk.org heed the undisclosed prices make the service unwise to work with for the time being. What is the Payout Threshold The pool does not seem 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 with no 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 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 feature which 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 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 site here owner won't sell hardware into Segwit supporters have also begun to circulate. By using Antpool, you allow 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 would like to select 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 that Bitfury is a personal 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 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 more! Worldwide Servers BTCC runs servers all over the world so your mining hardware 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 stocks Bitcoin transaction fees using its miners. In each Bitcoin block, around 1-2 BTC values of transaction fees you can check here will also be rewarded to the pool. Some pools maintain these charges for themselves and DO NOT share with their miners! BTCC evenly divides the transaction prices among its miners, just as it splits the 12.5 BTC reward.