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Note: If you cloud mine then you dont need to select a pool; the cloud mining company will do this automatically. Why are Miners Important Bitcoin miners are critical to Bitcoin and its own safety. With no miners, Bitcoin will be vulnerable and easy to strike. Get this: Many Bitcoin users dont mine.

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Mining, once done on the ordinary home , is now largely done in large, specialized warehouses with massive amounts of mining equipment. These warehouses usually direct their hashing electricity towards mining pools. Antpool Review Despite recent controversy, Antpool remains the largest Bitcoin mining pool in terms of its own Bitcoin network hash speed.

About Antpool Antpool mined its first block in March 2014, meaning that it emerged about four years after the initial mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds biggest Bitcoin mining equipment manufacturer, and a large portion of their pool is run on Bitmains own mining rigs.

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Additionally, Antpools user interface is surprisingly slick considering the underlying company thrives mostly 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 acquire Bitcoin mining equipment. Then you need to download mining program. If you need assistance deciding, I suggest you have a look at our hardware and software guides.

Software is important because it enables you to direct your hardwares hash electricity to the pool you would like. So be sure to make the best choice in order to optimize your own rewards. Finally, sign up at antpool.com to get started. What exactly are Antpools Fees Antpool claims 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 which are collected. Fundamentally, clients are left in the dark. Currently, each Bitcoin block includes a 12.5 BTC reward which Antpool will share with you when it finds a block. Recently, however, Bitcoin transaction fees have been find 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 that 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 to get bitcoins with no joining a pool. So if you utilize Antpool that 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 that have been largely disproved.

More specifically, the controversy revolves around Segwit a quality that needs miner activation to be enabled. Regardless of 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).

Furthermore, allegations that the owner Click This Link won't sell hardware to Segwit fans have also begun to circulate. By using Antpool, you let the pool to decide on your hardwares approach to those matters, meaning that the pool which you used dictates the type of Bitcoin protocol your hardware employs. Should you wish to select 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 the Bitfury pool and other mining pools is the fact that Bitfury is a personal 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 at home. Bitfury 16nm ASIC Chip hop over to these guys Unrelated into its 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 bodily bitcoins and more! Worldwide Servers BTCC runs servers all over 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 great thing about BTCC pool is the fact that it stocks Bitcoin transaction fees with its miners. In each Bitcoin block, around 1-2 BTC values of transaction fees are also rewarded to the pool. Some pools keep these charges for themselves and DO NOT share with their miners! BTCC evenly splits the transaction prices among its miners, just like it divides the 12.5 BTC reward.

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