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Note: If you cloud mine then you dont need to pick a poolthe cloud mining company will do this automatically. Why are Miners Important Bitcoin miners are crucial to Bitcoin and its own safety. With no miners, Bitcoin would be vulnerable and easy to strike. Get this: Many Bitcoin users dont mine.
About Antpool Antpool mined its first block in March 2014, meaning it emerged about four years following the initial 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 rigs.
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Also, Antpools user interface is surprisingly slick considering the underlying company thrives mostly from hardware sales. How to Join Antpool The pool is totally free to join and the process is straightforward. First, you need to get Bitcoin mining hardware. Then you need to download mining software. Should you need help deciding, I recommend you take a look at our hardware and software manuals.
Software is important because it enables you to direct your hardwares hash power towards the pool you would like. So make sure that you make the best choice in order to optimize your own rewards. Finally, sign up at antpool.com to begin. What exactly are Antpools Fees Antpool claims it does not cost any fees for using its pool.
Even though 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, every 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 service from being usable for small-time and big-volume users. Consequently, some users on bitcointalk.org heed the undisclosed prices make the ceremony unwise to work with for the time being. What is the Payout Threshold The pool does not appear to get a payout threshold and pays out daily around 10 AM UTC.
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Can you really do Solo Mining on Antpool Solo mining means you mine for bitcoins with no joining a pool. So if you utilize 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 feature that requires miner activation to be enabled. Despite the fact that most 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).
Furthermore, allegations that the owner won't sell hardware to Segwit fans have also begun to circulate. By using Antpool, you allow the pool reference to decide your hardwares approach to those things, meaning that the pool that you used dictates the type of Bitcoin protocol that your hardware employs. If you wish to decide which implementation your hardware should signal for, you can use a pool which leaves the choice to its users, 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 in case 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 useful reference in China. The company also runs a Bitcoin exchange, wallet, prints bodily bitcoins and more! Worldwide Servers BTCC runs servers all around 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 that it shares Bitcoin transaction fees using its miners. In each Bitcoin block, around 1-2 BTC worth of transaction fees are also rewarded to the pool. Some pools keep these fees for themselves and DO NOT talk with their miners! BTCC evenly splits the transaction prices among its miners, just like it splits the 12.5 this BTC reward.