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Note: Should you cloud mine then you dont need to select a poolthe cloud mining company will do this automatically. Why are Miners Important Bitcoin miners are critical to Bitcoin and its security. Without miners, Bitcoin will be vulnerable and easy to attack. Get this: Many Bitcoin users dont mine.
About Antpool Antpool mined its first block in March 2014, meaning that it emerged about four decades after the first mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds largest Bitcoin mining equipment manufacturer, and a huge portion of their pool is run on Bitmains own mining channels.
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Also, Antpools user interface is surprisingly slick considering the underlying company thrives largely off of hardware sales. The way to Join Antpool The swimming pool is free to join and the procedure is simple. To begin with, you need to get Bitcoin mining equipment. Then you need to download mining software. Should you need help deciding, I recommend you take a peek at our hardware and software guides.
Software is important because it enables you to direct your hardwares hash power to the pool you prefer. So make sure that you make the best choice in order to optimize your rewards. Finally, sign up at antpool.com to get started. What are Antpools Fees Antpool claims that it does not charge any fees for using its pool.
Even though Antpool does not directly bill 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 that 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 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 that the undisclosed fees 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 that you mine to get bitcoins with no joining a pool. Therefore, in the event that you use 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 which have been largely disproved.
More specifically, the controversy revolves around Segwit a feature which needs miner activation to be enabled. Regardless of the fact that most Bitcoin users want this feature activated, Antpool, among other pools, appears to be blocking this attribute. Antpool began signaling for Bitcoin Unlimited in early March 2017 for reasons that have not been elucidated Your Domain Name by Bitmain CEO (and cofounder Jihan Wu).
Moreover, allegations that the owner won't sell hardware into Segwit fans also have begun to circulate. By using Antpool, you let the pool to pick your hardwares approach to these matters, meaning that the pool that you used dictates the type of Bitcoin protocol your hardware uses. Should you would look what i found like to select which implementation your hardware needs to signal for, then you can use a pool which leaves the choice 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 private pool. Bitfury, the company, makes its own mining hardware and runs its own pool. So, unlike Slush or Antpool, Bitfury cannot be joined if you run mining hardware in your home. Bitfury 16nm ASIC Chip Unrelated to its own 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 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 Charges One good thing about BTCC pool is that it stocks Bitcoin transaction fees with its miners. In each Bitcoin block, around 1-2 BTC values of transaction fees will also be rewarded to the pool. Some pools keep these fees for themselves and DO NOT talk with their miners! BTCC evenly divides the transaction prices among its miners, just as it splits the 12.5 BTC reward.