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Note: If you cloud mine then you dont need to select a poolthe cloud mining company does this automatically. Why are Miners Important Bitcoin miners are crucial to Bitcoin and its own security. Without 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 ordinary home , is now mostly done in large, technical warehouses with massive amounts of mining hardware. These warehouses generally direct their hashing power towards mining pools. Antpool Review Despite recent controversy, Antpool remains the biggest Bitcoin mining pool in regard to its own Bitcoin network hash speed.

About Antpool Antpool mined its first block in March 2014, meaning it emerged about four decades following the first mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the worlds largest Bitcoin mining equipment manufacturer, and also a large portion of their 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. The way to Join Antpool The swimming pool is totally free to join and the process is simple. To begin with, you need to get Bitcoin mining hardware. Then you need to download mining software. Should you need help deciding, I recommend you have a peek at our hardware and software manuals.

Software is important because it enables you to guide your hardwares hash electricity towards the pool you would like. So make sure to make the best choice in order to optimize your own rewards. Finally, sign up in antpool.com to begin. What exactly are Antpools Fees Antpool claims it does not charge any fees for using its pool.

Even though Antpool does not directly charge fees, it also does not disclose the Bitcoin transaction fees that are collected. Basically, clients are left in the dark. Currently, each Bitcoin block has a 12.5 BTC reward which Antpool will share with you when it finds a block. Lately, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are collected a block by pools.

It can be argued that these prices prevent the support from being usable for small-time and big-volume users. Consequently, some users on bitcointalk.org heed the undisclosed fees make the service unwise to use 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 really do Solo Mining on Antpool Solo mining means that you mine to get bitcoins without joining a pool. So if you use Antpool that 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 updates to Bitcoin for reasons based on promises that have been largely disproved.

More especially, the controversy revolves around Segwit a feature that requires 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 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).

Moreover, allegations that the owner won't sell hardware to Segwit supporters have also begun to circulate. By using Antpool, you let the pool to pick your hardwares approach to those matters, meaning that the pool that you used dictates the type of Bitcoin protocol that your hardware employs. Should you would like to decide which implementation your hardware needs to 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 hardware and runs its own pool. Thus, unlike Slush or Antpool, Bitfury cannot be joined if you run mining hardware in your home. Bitfury 16nm ASIC Bitcoin Trading Signals Chip Unrelated into 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 in China. The company also runs a Bitcoin exchange, wallet, prints bodily bitcoins and much more! Worldwide Servers BTCC runs servers all over the world so your mining equipment 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 every Bitcoin block, around 1-2 BTC worth of transaction prices will also be rewarded into the pool. published here Some pools keep these fees for themselves and DO NOT share with their miners! BTCC evenly divides the transaction fees among its miners, only as it splits the 12.5 BTC reward.

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