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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 critical to Bitcoin and its safety. With no miners, Bitcoin will be vulnerable and easy to strike. Get this: Most Bitcoin users dont mine.

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Mining, once done on the average home , is now mostly done in large, specialized warehouses with enormous amounts of mining equipment. These warehouses generally direct their hashing power towards mining pools. Antpool Review Despite recent controversy, Antpool remains the largest Bitcoin mining pool in terms of its Bitcoin network hash rate.

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

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Additionally, Antpools user interface is surprisingly slick considering the underlying company thrives largely from hardware sales. The way to Join Antpool The pool is totally free to join and the process is simple. First, you need to acquire Bitcoin mining hardware. Then you need to download mining program. Should you need assistance deciding, I recommend you have a look at our hardware and software manuals.

Software is important because it enables you to direct your hardwares hash electricity towards the pool you prefer. So be certain to make the best choice in order to maximize your own rewards. Finally, sign up in antpool.com to get started. What are Antpools Fees Antpool asserts 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 which are collected. Basically, clients are left in the dark. Currently, each Bitcoin block has a 12.5 BTC reward that Antpool does share with you when it finds a block. Lately, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are accumulated a click to read block by pools.

It can be argued that these prices prevent the service from being usable for both 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 appear to get a payout threshold and overlooks every day 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 in the event that you use Antpool that you are not solo mining by default. Generally, you will get more frequent payouts by joining a pool. What's 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 needs 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).

Furthermore, allegations that the owner won't sell hardware to Segwit supporters also have begun to circulate. By using Antpool, you allow the pool to pick your hardwares approach to these things, meaning that the pool that you used dictates the kind of Bitcoin protocol your hardware employs. Should you wish to select which implementation your hardware should signal for, then you can use a pool that leaves the choice to its users, such as the Slush mining pool.

The main difference between this Bitfury pool and other mining pools is that Bitfury is a personal 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 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 bodily bitcoins and more! Worldwide Servers BTCC runs servers all around 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 swimming pool is the fact that it shares Bitcoin transaction fees with its miners. In each Bitcoin block, around 1-2 BTC worth of transaction prices will also be rewarded to the pool. Some pools maintain these fees for themselves and DO NOT talk with their miners! BTCC evenly splits the transaction prices among its miners, only like it divides the 12.5 BTC reward.

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