Gpu bitcoin mining pool

Let's go over all the most important info of each of the pools. By the end, you should be able to pick the best one for you. About Antpool Antpool mined its first block in March , meaning that it emerged roughly four years after the first mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd. Antpool supports p2pool and stratum mining modes with nodes that are spread all over the world to ensure stability US, Germany, China etc. How to Join Antpool The pool is free to join and the process is simple.

First, you need to acquire Bitcoin mining hardware. Then you need to download mining software. If you need help deciding, I suggest you take a look at our hardware and software guides. So make sure to make the right choice in order to optimize your rewards. You can see below for more details: Bitmain's fees While 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, every Bitcoin block has a Lately, however, Bitcoin transaction fees have been rising and an additional bitcoins are collected per block by pools. At this time, Antpool keeps bitcoins form transaction fees for itself, which are not shared with miners who have hash power pointed toward the pool. 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. What is the Payout Threshold? The minimum withdrawal amount is 0. What is the Controversy around Antpool? Antpool had refused to enable arguably beneficial upgrades to Bitcoin for reasons that have been largely disproven. More specifically, the controversy revolved around Segwit — a feature that required miner activation to be enabled. Despite the fact that most Bitcoin users wanted this feature activated, Antpool, among other pools, was attempting to block it.

This eventually resulted in the Bitcoin Cash hard fork and the ultimate activation of Segwit on Bitcoin. 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 at home. Although Bitfury controls a large portion of the Bitcoin network hash rate, its committed to making Bitcoin decentralized: BitFury is fundamentally committed to being a responsible player in the Bitcoin community and we want to work with all integrated partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together.

Slush Pool has been around since and is one of the oldest Bitcoin mining pools in existence. Since the launch, the pool has had its ups and downs but things have been mostly positive recently. Satoshi Labs run Slush Pool. You may also know Satoshi Labs from their work on Trezor , the first Bitcoin hardware wallet and Coinmap, a world map outlining which merchants accept Bitcoin. That percentage makes it one of the five biggest Bitcoin mining pools on the Internet. What Services does Slush Pool Offer?

Fees and Payments In terms of fees, Slush Pool is very similar to other mining pools on the market. Customer Service Customer support is at a high level. Of course, the users can send emails to the network officials if they have any problems. In most cases, a customer support agent will respond in less than 24 hours.

However, you can also talk to customer support agents instantly if you have an emergency problem. The company has a dedicated website, where you can start a conversation with customer support if you have questions about your mining setup, user account, or rewards. Security Security levels are more than satisfactory. You have 2-factor authentication and wallet address locking for emergency cases.

You get a read-only token that allows you to log into your account, in case someone tries to hack your account or steal your identity. In addition to that, the company only uses highly-secured servers, which guarantee the safety of your Bitcoin wallets. Slush Pool Pros It's the world's longest-running bitcoin mining pool The service has had hundreds of thousands of users over the last decade The interface is good-looking and easy to use for users of all knowledge levels It offers you score-based mining, which prevents you from being cheated by others Slush Pool Cons The transaction fee is not as low as it is on other top websites Once you stop mining on this network, your user-score goes down quickly Should You Use Slush Pool or Not?

In conclusion, is Slush Pool worth your time and effort? The short answer is yes, Slush Pool is a good choice if you want to start mining. Plus, it gives awards to some of its most active users. Quick Tip Mining bitcoins? You can't without a Bitcoin wallet. Our guide on the best bitcoin wallets will help you pick one. Read it here! Once you find one you like, you can learn how to add your mining funds to your wallet. Long-time miners will also be satisfied.

The service is always at the top of mining trends. The company officials never stand still, issuing constant updates that make their service fresh and up-to-date at all times. Keep in mind though that while Slush is the oldest pool, it is by no means the biggest or the cheapest, and keeping fees low is crucial for any mining operation.

Due to its popularity, it soon expanded to other continents. The service is now available in Russia, Canada, and the United States, among other countries. Within the last year F2Pool has become the biggest mining pool. In addition to Bitcoin, F2Pool miners can also mine for Litecoin, Ethereum, and multiple other cryptocurrencies. All in all, you can mine for more than 40 cryptocurrencies in this pool.

Although the website was originally created just for the Chinese market, the company now has an English language version of its website and the interface is extremely easy to use for miners of all experience levels. What Services does F2Pool Offer?

Now is the time to talk about some of its main functions and services offered. For most people, the services offered are what makes or breaks a mining pool. Fees and Payments The biggest downside of F2Pool is their fee. It's best to use a mining rig designed specifically for cryptocurrency mining called an application-specific integrated circuit ASIC.

There are several ASICs available for purchase from online retailers. The higher the hashrate, the faster you'll mine—but you'll pay more upfront. The other consideration is energy consumption. The older model is "cheaper," but you'll be hard pushed to keep up with miners who have the more powerful rigs. You'll also need to ensure you meet the minimum network connection speed to the pool server.

Additionally, cooling the room your miner is in will raise your cooling bill significantly because it will generate heat. Ensure the Mining Pool Is Transparent The mining pool operator must perform fairly to ensure transparency and trustworthiness among the pool's members. For instance, you should investigate whether the total hash rate declared at the pool level appears to be true.

You should also look for signs that the pool operators use lower payout schemes—you want to ensure the mining is worth your time also. If the mining pools you're considering don't have a real-time dashboard that brings transparency, you might consider another pool.

Review the Pool Payout Scheme If you have low-end hardware mining devices, you should avoid pools with higher thresholds for making payments. You'll have less computational output, which will lead to lower earnings. If the pool uses PPS, you receive a fixed amount per submitted share of work. Generally, you're paid when your share is submitted. PPLNS pays miners using a weighted system—the pool is paid when a block is mined, and a coin is rewarded to the pool. The number of shares you've submitted is divided by the total number of shares submitted by the pool, which is multiplied by the block reward —the cryptocurrency reward for creating a new block on the blockchain.

Look for Mining Pool Stability Another critical factor to consider before joining a pool is assessing its stability. Stability refers to whether the pool experiences any downtimes, which affect your mining ability and profits. Generally, you'll need to find information about the pool's history, such as: Does the pool offer a secure connection like a VPN, or does it only use an open connection? Is it vulnerable to DDoS attacks common with increased pooling activity? Has the mining pool withstood and repelled any attacks?

Has the pool experienced any lengthy downtime? Many pools have support pages in place where you can find discussions, tips, and announcements that can clue you into stability issues in the past. You can search other internet sources for reports of pool downtimes, but they may not always be trustworthy.

Cryptocurrency is still new enough that it is hard to find valid, reliable sources. Review the Pool Fees Nearly all pools require fees, but some are structured to operate without them. P2Pool is another of the oldest pools left—it has no fees, but its hashing power might be lower because it is strictly a peer-to-peer mining pool without a mining farm operating as the central miner. Weigh the Mining Pool Size and Power In a mining pool, the number of coins mined over a period is proportional to the pool's computing power.

In general, the more participants a pool has, the less time it takes to mine—pool size can equate to more or less computing time. A small pool of the latest ASIC miners can outperform a large pool of older or slower equipment.

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If you plan to use your laptop a lot for mining, make sure to take care of proper cooling. Laptop parts sit close to each other inside a small case. If a graphics card overheats, other parts would overheat too. Sooner or later they are likely to break. Get Bitcoin Wallet Address This step is crucial. You should understand that in the crypto business you are alone against the whole world.

If you lose your wallet, nobody is going to help. Losing a Bitcoin wallet is like losing cash, if not worse. You may get your cash back sometimes, but Bitcoin is impossible to get back. There are many other wallets on the market, and this is not an ad: Coinomi is just a reliable solution.

It makes no difference where you install your wallet: it can be a smartphone or PC. Say, you decided to install the wallet on Windows. Here is how you should proceed. Download the Windows version. Create a new wallet by choosing the Create a new wallet option. Important: Make sure to secure your wallet recovery phrase mnemonic phrase by writing it down on paper. Electronic devices won't do, especially those connected to the Internet. When needed, you will be able to restore your wallet by using this phrase.

Even if you delete Coinomi from your computer, you will be able to recover your wallet thanks to this phrase. Here is an example of a so-called mnemonic or seed phrase. You can skip this step, but we recommend checking your mnemonic phrase. Create your wallet password. Coinomi is a multi-chain wallet, which means it can store other coins apart from Bitcoin. In this case, we need Bitcoin. Put a mark next to Bitcoin and click Next to continue. Click on Bitcoin. Then Receive. Now you can see your wallet address.

Our Bitcoin address is bc1qzdndm8jl6t79xkph8vvt6fkx4a8ntrnxz If you are installing the wallet to a smartphone, you should follow the same steps. Here you can find screenshots from an iPhone. The best thing about Coinomi is that you can use the same wallet on multiple devices. If you change a smartphone or need to erase everything from a PC, you can always recover your wallet on any other device. This archive is completely safe: you can always find it on the pool webpage. Unpack the archive.

The password to the archive is 2miners No upper case and no dots at the end. Right-click on the eth-pool. Save the file and then run it. Mining has officially started now. It will go on until you keep the mining program open. If you close it, you can always run the eth-pool. How do I get it? When is the payout? How much will I get? You will see a page with your stats. However, you can also talk to customer support agents instantly if you have an emergency problem. The company has a dedicated website, where you can start a conversation with customer support if you have questions about your mining setup, user account, or rewards.

Security Security levels are more than satisfactory. You have 2-factor authentication and wallet address locking for emergency cases. You get a read-only token that allows you to log into your account, in case someone tries to hack your account or steal your identity.

In addition to that, the company only uses highly-secured servers, which guarantee the safety of your Bitcoin wallets. Slush Pool Pros It's the world's longest-running bitcoin mining pool The service has had hundreds of thousands of users over the last decade The interface is good-looking and easy to use for users of all knowledge levels It offers you score-based mining, which prevents you from being cheated by others Slush Pool Cons The transaction fee is not as low as it is on other top websites Once you stop mining on this network, your user-score goes down quickly Should You Use Slush Pool or Not?

In conclusion, is Slush Pool worth your time and effort? The short answer is yes, Slush Pool is a good choice if you want to start mining. Plus, it gives awards to some of its most active users. Quick Tip Mining bitcoins? You can't without a Bitcoin wallet.

Our guide on the best bitcoin wallets will help you pick one. Read it here! Once you find one you like, you can learn how to add your mining funds to your wallet. Long-time miners will also be satisfied. The service is always at the top of mining trends. The company officials never stand still, issuing constant updates that make their service fresh and up-to-date at all times. Keep in mind though that while Slush is the oldest pool, it is by no means the biggest or the cheapest, and keeping fees low is crucial for any mining operation.

Due to its popularity, it soon expanded to other continents. The service is now available in Russia, Canada, and the United States, among other countries. Within the last year F2Pool has become the biggest mining pool. In addition to Bitcoin, F2Pool miners can also mine for Litecoin, Ethereum, and multiple other cryptocurrencies. All in all, you can mine for more than 40 cryptocurrencies in this pool.

Although the website was originally created just for the Chinese market, the company now has an English language version of its website and the interface is extremely easy to use for miners of all experience levels. What Services does F2Pool Offer? Now is the time to talk about some of its main functions and services offered. For most people, the services offered are what makes or breaks a mining pool. Fees and Payments The biggest downside of F2Pool is their fee.

In fact, this is double what slush charges. However, many miners clearly fee the fees are worth it, given the size of the pool. For instance, they offer daily payments and every time you reach 0. They operate on a PPS system, which means they reward the people who mine the most on their network. Customer Support Having good support is crucial for both experienced and inexperienced users.

You need to talk to a knowledgeable person if you have any doubts or questions about your account or payments. They guarantee a response to all inquiries in less than 24 hours. However, you can contact them instantly through their chat if you have a real emergency. The website has the HTTPS protocol and the service comes with a wallet-lock feature, which protects your investment in case your account gets hijacked. The company forbids it for security reasons to prevent identity theft on their network.

Should you use F2Pool or not? You already know that the answer is yes if you read the review carefully. The only downside to F2Pool is that they charge high fees relative to other mining pools. However, considering the rewards and services offered, the fee is definitely worth it. It was started by the same founders of BTC. It is a Chinese-based mining pool with many miners from China, but it is open to everyone around the world.

Quick Tip Buying bitcoin is the fastest way. Poolin Smart Agent Poolin has its own proprietary software that acts as a proxy between miners and the pool. It helps reduce network traffic and allows miners to sync their settings, create sub-accounts, and balance the electrical load. This feature is available for Bitcoin, Litecoin, and Zcash. It helps the Bitcoin network and provides supplemental income for miners within the pool.

Offline Keeper Custom software to turn off the miners in case of a network blackout to prevent hardware damage and save electricity. Mining hardware used at full capacity is known to degrade at a more advanced pace, so this can help save your investment. This is useful for larger-scale operations.

A Variety of Altcoins While most miners prefer to mine a handful of the top coins, Poolin supports some experimental altcoins. Ethereum Mining For those wanting to monetize their graphics cards, the pool also supports Ethereum mining. Getblocktemplate Support This is the new mining protocol for Bitcoin that supports decentralization, fewer limitations while using ASIC hardware, and allows miners to make their own blocks.

This is useful due to the wild swings in price on crypto exchanges, and is beneficial if one overtakes the other. Payout They have a minimum payout of 0. There is a 0 minimum payment if using a Bixin or Mixin wallet. Upon request, users may make manual withdrawals. They were the former owners and founders of BTC. Poolin hosts nodes using cloud servers, so there is variance in which server you will connect to.

This is contrary to a centralized server approach, which would have poor worldwide latency and security. For example, the main mining pool server is btc. Conclusion Mining can be very profitable but only if you have the right software, choose the right pool, have the necessary ASIC mining hardware, and can find a great deal on power prices. Getting all of these right is extremely difficult and unless you plan on making this your job, you will likely not be competitive.

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