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Note: Should 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 crucial to Bitcoin and its security. Without 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 mostly done in large, specialized warehouses with enormous amounts of mining hardware. These warehouses usually 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 rate.

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

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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 straightforward. First, you need to get Bitcoin mining equipment. Then you need to download mining program. Should you need assistance deciding, I suggest you have a peek at our hardware and software manuals.

Software is important since it enables you to direct your hardwares hash power to the pool you would like. So be sure that you make the best choice in order to maximize your rewards. Finally, sign up in antpool.com to begin. What exactly are Antpools Fees Antpool asserts that it does not cost any fees for using its pool.

While Antpool does not directly bill commissions, it also does not disclose the Bitcoin transaction fees which are collected. Fundamentally, 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 cube 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 the undisclosed fees make the ceremony unwise to work with for the time being. What's the Payout Threshold The pool does not appear to have a payout threshold and pays out every day around 10 AM UTC.

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Can you really do Solo Mining on Antpool Solo mining means that you mine for bitcoins without joining a pool. Therefore, in the event that you utilize Antpool you are not solo mining by default. Generally, you will get more frequent payouts by joining a pool. What's use this link the Controversy around Antpool Antpool has refused to enable arguably beneficial upgrades to Bitcoin for reasons based on promises that have been largely disproved.

More specifically, the controversy revolves around Segwit a feature which requires miner activation to be enabled. Despite the fact that the majority of 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 by Bitmain CEO (and cofounder Jihan Wu).

Moreover, allegations that the owner refuses to sell hardware into Segwit supporters have also begun to circulate. By using Antpool, you let the pool to decide on your hardwares approach to these things, meaning that the pool which you used dictates the type of Bitcoin protocol your hardware uses. Should you wish to decide which implementation your hardware should signal for, then you can use a pool that 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 equipment 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 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 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 swimming pool is that it stocks Bitcoin transaction fees using its miners. In every Bitcoin block, around 1-2 BTC values of transaction prices are also rewarded to the pool. Some pools maintain these fees for themselves and DO NOT share with their miners! BTCC evenly divides the transaction fees among its miners, just as it divides the 12.5 BTC reward.

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