5 Best Dash Mining Pools in 2020
Are you new to mining and have an interest in becoming a Bitcoin miner? Or are you a miner and currently looking out for a new mining pool? In this article, we have reviewed some of the best Bitcoin mining pools which is helpful for you to get started. Let’s jump right into it!
What is a Bitcoin mining pool?
Bitcoin miners World coin mining pool ppst a group of “miners” who are wrold in solving a block for earning bounty/reward. The reward is equally split among themselves according to their contributed mining hash power. Bitcoin pool is a way to mine their resources and to share their hashing power.
A valid proof of work should be presented in order to gain reward. Initially, generating a single block was taking years for slower miners and then Bitcoin mining pool came into existence, where the miners would receive a portion of block reward and the blocks would be generated quickly. There are various Bitcoin mining pools and choosing the most popular one is quite enticing. It is preferred to choose a small Bitcoin pool to avoid potentially harmful concentration World coin mining pool ppst hashing power.
Bitcoin pools across the globe
China rules the world in terms of possessing the largest number World coin mining pool ppst Bitcoin pools. Bitcoin pools are ranked based on the hash power controlled by a pool. Here is a list of the Biggest mining pools with their hash power based on information from Blockchain’s World coin mining pool ppst share chart.
Starting from the largest pool and ending with the smallest.
AntPool (25.2%), BTC. TOP (11.2%), BTC. com (10.2%), Bixin (8.1%), BTCC Pool (7.3%), F2Pool (5.4%), World coin mining pool ppst (5%), BW. COM (5%), BitClub Network (4.8%), Bitcoin. com (3%), SlushPool (2.6%), Unknown (2.3%), GBMiners (2%), BitFury (1.9%), CANOE (1.2%), 1Hash (1.1%), Telco 214 (1.1%), Eligius (1%) World coin mining pool ppst (0.9%), Waterhole (0.6%), ConnectBTC (0.6%), Bitcoin India (0.2%), Solo CKPool (0.2%), BitcoinRussia (0.2%).
Before getting started with mining
There are a variety of mining pools for various cryptocurrencies. As the size of the pool increases, the payout decreases, as it is to be shared among many miners. There are different reward types that you should be aware of before mining.
Pay-per-Share (PPS) – The amount is fixed for each user which is paid whenever a share is submitted.
Proportional – The users are awarded proportionally to the amount of share contributed by them.
Score-based – This method gives prominence to the newer shares than older shares and the World coin mining pool ppst is awarded proportionally based on the time World coin mining pool ppst submitting the share.
Pay Per Last N Shares (PPLNS) – This is similar to the proportional type but varies in rewarding each share in multiple rounds.
Full Pay-per-Share (FPPS) – It is similar to PPS but includes dividing transaction fee among miners along with rewards. The transaction poo is distributed according to the miner’s hash power.
Shared Maximum Pay Per Share (SMPPS) – It is similar to pay worlc share but will pay you less what the pool earns.
There is a difference between mining pools and cloud mining. Mining pools involve a group of miners sharing the rewards as per their share, but cloud mining involves a service provider whom you have to pay for mining and in turn, you get the rewards.
Top 11 Best Bitcoin Mining Pools 2020
1. AntPool
AntPool is the largest Bitcoin pool in terms of its hash power based in China. It is operated by the world’s largest World coin mining pool ppst hardware manufacturer called Bitmain Technologies. You can create an account in AntPool without paying any fee, but a Bitcoin mining hardware is required along with mining software which can be downloaded later. The interface is quite ergonomic. Your earnings can be viewed on your dashboard and you can monitor your hash rate on a minute, an hour or on daily basis.
Fees and Payment
Creating an account World coin mining pool ppst AntPool is free. Well, you are allowed to opt pst peer to peer solo mine mmining your hardware (1% fee) or can choose between PPLNS (0% fee) and PPS (2.5% fee). The fee charged on the transaction is hidden and it pppst not disclosed by AntPool. Bitcoin transaction fee has been increased recently and AntPool keeps 1-2 bitcoins for itself collected from each block, which is not shared with high volume miners.
AntPool does not have and payout threshold and makes a payment every day for balances over 0.001BTC around 10 AM UTC. Every Bitcoin block is rewarded by 12.5BTC by AntPool.
Security
AntPool consists of two-factor authentication, wallet locks, email alerts as security measures. Well, the pool operators perpetuate their own forums and consists of easy and World coin mining pool ppst documentation for the main tasks miners do in the pool.
Pros
Antpool is the largest and a popular Bitcoin pool with a sleek interface for new miners to start with. You can choose between PPLNS and PPS which is an added bonus. A lot of cool options are available when buried deeper in the pool. The payouts are pretty good. AntPool comes with great security measures.
Cons
The payouts should be reduced as it is a big pool. The transaction fee is not mininv by AntPool.
2. Slush Pool
Slush Pool is the World coin mining pool ppst Bitcoin Pool launched in the year 2010 by the name Bitcoin Pooled Mining Server. The site got its first blockchain in the year 2012 and since then over 15000 blocks were mined by this World coin mining pool ppst. Slush Pool is run by Satoshi Labs, the Czech based tech company. The first offline Bitcoin wallet and the first Bitcoin-centric world map was created by Satoshi Labs in addition to the mining stratum protocol which is being used by the other mining pools. Slush Pool stands unique for using Score based method, where the old shares are given lesser prominence than news shares at the start of the round. This method avoids the risk of getting cheated by other miners if they shift pools within a round. A demo account is provided for all the new miners to test before actually signing in. Minning is helpful for new miners. Users will be updated regularly with graphs, mjning, and news through release notes or their social media accounts.
Fees and Payment
A standard transaction fee of 2% is fixed and is shared with the miners. A threshold is set for the balance over 0.0002BTC World coin mining pool ppst the payments are made regularly once the threshold is hit by the user. Score World coin mining pool ppst method allows a fair distribution of rewards among miners.
Security
Slush pool as two-factor authentication, wallet address locking along with a read-only login token, which is provided by the users if someone else is monitoring your Bitcoin mining. Slush Pool runs on World coin mining pool ppst secured World coin mining pool ppst, which protects the Bitcoin wallets of the user.
Pros
Slush Pool is a well established oldest mining pool. The interface is slick with ;ool unique feature of the score-based method, which avoids the risk of being cheated.
Cons
The transaction fee is slightly high compared to other sites. Even Though using Score-based method is an advantage, user’s score quickly decreases once stopped mining.
3. F2Pool
F2Pool is one of the largest Chinese Bitcoin pool, launched in the year 2013. It is better mkning as Discus Fish mining pool in the world of Bitcoin mining. Apart from Bitcoin, Litecoin, Ethereum, and Zcash are mined here. The difficulty level in mining is based the hash power, as the site uses stratum mining protocol and vardiff. The site comes with an English interface and is simple and easily understandable.
Fees and Payment
F2Pool operates on the PPS reward system and charges a fee of 4% which is quite lofty. The payouts are made every day by setting a limit on withdrawal, i. e 0.001BTC.
Security
The site works on HTTPS protocol and consists of Bitcoin wallet lock feature. You World coin mining pool ppst not allowed to change your email address once registered, but the site lacks in utilizing two-factor authentication.
Pros
F2Pool allows mining of Bitcoin, Litecoin, and Zcash. The payout threshold is really low and offers regular payouts.
Cons
The fee (4%) applied is coi exaggerating when compared to other pools.
4. BTCC Pool
BTCC Pool is a Chinese pool launched in the year 2014. It is a Bitcoin-based company which also runs Bitcoin exchange, wallets and print physical bitcoins and more. The site consists of an official account called WeChat, where miners can track their hash power, pool hash power, and the network, provided with detailed statistics.
Fees and Payment
BTCC Pool is very transparent, as it shares the with its miners. The site also rewards 1-2 BTC worth transaction fee for every Bitcoin block to the pool. The payouts are regular and are made to the user’s desired wallets. The payments are instant to BTCC wallets and require 30 min to pay for other wallets. The site operates on PPS model World coin mining pool ppst 2% fee) and follows stratum mining protocol. Lately, BTCC announced about switching to a new transparent model of cryptocurrency mining called FPPS and has also announced that it would start offering 1% mining fee for bitcoin minong. BTCC rewards its miners with 12.5 BTC, which is equally split among themselves.
Pros
BTCC is one of the largest Bitcoin mining pool along with its own exchange and wallet services. The site consists of the transparent fee structure and has also introduced FPPS model to its site. The reward offered by this site is really good.
Cons
Inactive accounts of users possessing some earnings in it will be suspended by the site after 90 days of inactivity. The earnings will be acquired by the site.
5. Eligius
Eligius is one of the smallest Bitcoin pool based in the US, launched in the year 2011. After signing up, the users are provided with pretty good stats and graph, which will give users an idea about earning. Users will also be allowed to view the stats of other users in the leaderboard that features the hash power of users. This World coin mining pool ppst a cool feature for all the miners. The site also offers to merge mine Namecoin.
Fees and Payment
The site operates on PPS mlning fee) model. A threshold is set in order to earn Bitcoins. A user must possess a minimum of 0.04194304 BTC in order to World coin mining pool ppst for obtaining payouts. Once the threshold is hit and when the block is found, a user will receive the payout. Even though you stop mining for few days, your earnings will be added to the payout queue. This allows even the users with a small amount of hash power to gain something in their wallets.
Security
Any changes which are to be made requires being signed by your bitcoin wallet address, wlrld is also your username. The stats of their pool have their own GitHub.
Pros
You can easily join this site, as registration is not required. The site works on zero percent fee and also provides a telephone number as a customer support system.
Cons
You are required to hit a threshold value in order to qualify for payouts. The interface is quite disjoint.
6. BTC. com
BTC. com is one of the largest World coin mining pool ppst mining pool owned by Bitmain, wor, d of AntPool. The site works on stratum mining protocol and VarDiff. The site was launched in the year 2015 World coin mining pool ppst has its own wallets along with mining pool.
Fees and Payment
BTC. com stands out to be transparent by sharing the transaction World coin mining pool ppst with its miners. The site operates on PPS model with an average fee of 1.5%. It takes 2 hours for the site to send payouts to the users. It completely depends on the Bitcoin network. However, BTC. com tries to send the earnings within a short period of time.
Security
Cloudflare is implemented by this site to protect against DDoS attack and ensures that the benefits and hash power is not lost.
Pros
BTC. com operates worldwide and maintains transparency with miners. The site offers a good support system and security.
Cons
Sometimes sending payouts might require some time, as it depends on the Bitcoin network.
7. BW Pool
BW Pool is a Chinese Bitcoin mining pool with a user-friendly interface. Apart from Bitcoin, the site offers to mine Litecoin and Ethereum. The site works on stratum mining protocol and vardiff.
Fees and Payment
The site also offers transparency World coin mining pool ppst sharing transaction fee with miners. It follows PPLNS, PPS, and SOLO payment methods with an average fee of 1%. The minimum payout is 0.001 BTC.
Pros
The site offers to mine different cryptocurrencies long with a simple goof-proof interface. Apart from mining, it offers many other digital services and works on cloud computing.
Cons
The site does not offer any merge mining.
8. Bixin
Bixin is again one of the largest Bitcoin mining pool based in China. Bixin is also servicing people with its wallet. Bixin comes up with regular updates with its simple interface making it easy mmining the users to view it.
Fees and Payment
Bixin uses PPS (4%) model for the distribution of rewards. Payouts are quick and are made every day.
Security
The site is secured against DDoS attacks.
Pros
Bixin comes with this cool feature, where the user can predict rewards in advance
Cons
Users from China are preferred to use this site. The fee charged by the minibg is minig lofty.
9. Bitfury
Bitfury is a private cojn located in Georgia. Bitfury is the producer of mining hardware and chips. Bitfury is working to make Bitcoin decentralized. It mines about 11% of all blocks. Bitfury operates with zero % fee.
10. ViaBTC Pool
ViaBTC is a newly launched Bitcoin mining pool consists of Bitcoin, Litecoin and BitcoinCash mining pool. ViaBTC follows PPS (4% fee) and PPLNS (2% fee) payment modes. The minimum payout offered by this site is 0.0001 BTC. The site works ppstt stratum mining protocol and vardiff by offering sleek monitoring system and also provides merge mining.
11. CkPool
Also known as KanoPool is one of the smallest Bitcoin mining pool launched in the year 2014. The site follows PPLNS (0.9% fee) payment mode with shared transaction fee rewards. There is no threshold and offers a frequent small amount of ocin Two-factor authentication security set up adds a protective layer to the site. The site needs to be upgraded frequently and the user interface is quite muning bottom line
As you can see there are various Bitcoin mining pools offering different services along with different rewards. An option of solo mining might hit your mind, as you can bang complete rewards without sharing it, but It is suggested to join a pool if you are new to this world of mining. Mining pools come with many advantages as well. It is the time for you to pkol started with mining. It is very easy to create an account, similar to signing up for any Bitcoin exchange platform. The main criteria for getting started with mining pool is that you should possess a mining hardware. Apart from this requirement, mining has been made simple with various mining World coin mining pool ppst
Into setting up a mining operation, your best bet could be to get a cloud mining rig
ppsy is a mining pool based on the YiiMP platform. It will allow you to mine many different virtual wor, d exchange these into the currency of your choice.
No registration is required, World coin mining pool ppst will be pay in the currency you are mine.
Payouts are ppt automatically World coin mining pool ppst 24 hours for all balances above 0.01 BTC (or equivalent), or 0.0035 BTC (or equivalent) several times a week.
For some coins, there is an initial delay before the first payout, please wait at least 6 hours before asking for support.
Blocks are distributed proportionally among valid submitted shares.
To use MineMoney miner you should create your own batch file, for each algorithm you have a different port, and for each port you should add after your address the coin ticker.
Port:
- sha256: 3333
- yescrypt: 6233
- scrypt: 3433
- keccak: 5133
- blake2s: 5766
- x11evo: 3553
- phi: 8333
- blakecoin: 5743
- lyra2v2: 4533
- timetravel: 3555
- tribus: 8533
- myr-gr: 5433
- skein: 4933
Ticker:
- sha256:
ARG-sha256 (Argentum)
MAY (May)
ALEX (Alexandrite)
EVO (Evotion)
NKC (NukeCoinz)
PLC (Polcoin)
UNIC (UniCoin)
UNIT (UniversalCur)
LEA (LeaCoin)
XJO (JouleCoin)
TGC (TigerCoin)
MZC (MazaCoin)
PPC (Peercoin)
TIT (TitCoin)
ZET (ZetaCoin)
DGB-sha256 (Digibyte)
DGC (DigitalCoin)
XMY-sha256 (Myriad)
- yescrypt:
UIS-yescrypt (Unitus)
BSTY (GlobalBoost)
- scrypt:
AUR-scrypt (AuroraCoin)
DGB-scrypt (Digibyte)
BTB (BitBar)
SONG (SongCoin)
WDC (Worldcoin)
XMY-scrypt (Myriad)
- keccak:
MAX (MaxCoin)
- blake2s:
TAJ (Tajcoin)
- x11evo:
XRE (Revolvercoin)
- phi:
LUX (Luxcoin)
- blakecoin:
BLC (BlakeCoin)
LIT (Lithium)
PHO (Photon)
- lyra2v2:
VTC (VertCoin)
- timetravel:
MAC (MachineCoin)
- tribus:
DNR (Denarius)
- Myr-gr:
XVG-myr-gr (Verge)
- Skein:
DGB-skein (Digibyte)
Example:
-o stratum+tcp://[algo].minemoney. co:<PORT> - u <WALLET_ADDRESS> c=<Ticker>
To mine Peercoin with ccminer:
-o stratum+tcp://Sha256.minemoney. co:3333 - u Fv4n508v4095vEXAMPLEf04w49nvr4 c=PPC
Mining muning minimum payout
0.0035 BTC
Bitcoin Exchange | BTC Exchange | Crypto Exchange | Cryptocurrency Exchange | OKEx
Jordan Tuwiner Last updated March 12, 2020
Now that you have Bitcoin mining hardware, your next step is to join a Bitcoin mining pool.
What is a Mining Pool?
Mining pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hash power.
While mining pools are desirable to the average miner as they smooth out rewards and make them more predictable, they unfortunately concentrate power to the mining pool’s owner.
Miners can, however, choose to redirect their hashing power to a different mining pool at anytime.
Pool Concentration in China
Before we get into the best mining pools World coin mining pool ppst join, it’s important to note that most mining pools are in China. Many only have Chinese websites and support. Mining centralization in China is one of Bitcoin’s biggest issues at the moment.
There are about 20 major mining pools. Broken down by the percent of hash power World coin mining pool ppst by a pool, and the location of that pool’s company, we estimate that Chinese pools control ~81% of the network hash rate:
Bitcoin Wallets
Before joining a mining pool:
You’ll need a bitcoin wallet. Why?
This is because all Bitcoin mining pools will ask you for a Bitcoin address World coin mining pool ppst will be used to send your mining rewards and payouts.
Our guide on the best bitcoin wallets will help you get a wallet. Read the full guide.
The Biggest Mining Pools
The list below details the biggest Bitcoin mining pools. This is World coin mining pool ppst on info from Blockchain’s pool share chart:
We strongly recommend new miners to join Poolin or Slush World coin mining pool ppst. Poolin Poolin is a public pool which mines about 18% of all blocks. They are based in China, but have a website fully available in English. F2Pool is based in China. It mines about 17% of all blocks. BTC. com is a public mining pool that can be joined and mines 15% of all block. We strongly recommend joining Slush Pool or Poolin instead. Antpool is a mining pool based in China and owned by BitMain. Antpool mines about 11% of all blocks.2. F2pool
3. BTC. com
4. Antpool
5. ViaBTC World coin mining pool ppst is a somewhat new mining pool that has been around for about one year. It’s targeted towards Chinese miners and mines about 9% of all blocks.
6. 1THash&58coin
This is a Chinese World coin mining pool ppst made from two pools: 1THash and 58coin.
7. Slush
Slush Pool was the first mining pool and currently mines about 11% of all blocks.
Slush is probably one of the best and most popular mining pools despite not being one of the largest.
8. BTC. top
BTC. top is a private pool and cannot be joined. It mines about 7% of all blocks.
9. BTC. top
BTC. top is a Chinese ming pool.
10. Bitfury
Bitfury is a private pool that cannot be joined. Bitfury currently mines about 3.5% of all blocks.
Bitcoin Mining Pool Comparison
| BitFury | Georgia | 0% | Yes |
| Slush Pool | Czech Republic | 2% | No |
| Antpool | China | 1% | No |
| BW | China | 1% | No |
The comparison chart above is just a quick reference. The location of a pool does not matter all that much. Most of the pools have servers in every country so even if the mining pool is based in China, World coin mining pool ppst could connect to a server in World coin mining pool ppst US, for World coin mining pool ppst a Bitcoin Wallet and Mining Software
Before you join a mining pool you will also need Bitcoin mining software and a Bitcoin wallet.
Mining Pools vs Cloud Mining
Many people read about mining pools and think it is just a group that pays out free bitcoins. This is not true! Mining pools are for people who have mining hardware to split profits.
Many people get mining pools confused with cloud mining. Cloud mining World coin mining pool ppst where you pay a service provider to miner for you and you get the rewards.
Just Want Bitcoins?
If you just want bitcoins, mining is NOT World coin mining pool ppst best way to obtain coins.
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Which Countries Mine the most Bitcoins?
Bitcoin mining tends to gravitate towards countries with cheap electricity.
As Bitcoin mining is somewhat centralized, 10-15 mining companies have claimed the vast majority of network hash power.
With many of these companies in the same country, only a number of countries mine and export a significant amount of bitcoins.
China
China mines the most bitcoins and therefore ends up “exporting” the most bitcoins.
Electricity in China is very cheap and has allowed Chinese Bitcoin miners to gain a very large percentage of Bitcoin’s hash power.
It’s rumored that some Chinese power companies point their excess energy towards Bitcoin mining facilities so that no energy goes to waste.
China is home to many of the top Bitcoin mining companies:
F2Pool, AntPool, BTCC, and BW.
It’s estimated that these mining pools own somewhere around 60% of Bitcoins hash power, meaning they mine about 60% of all new bitcoins.
Georgia
Georgia is home to BitFury, one of the largest producers of Bitcoin mining hardware and chips. BitFury currently mines about 15% of all bitcoins.
Other Countries
The countries above mine World coin mining pool ppst 80% of all bitcoins.
The rest of the hash power is spread across the rest of the world, often pointed at smaller mining pools like Slush (Czech Republic) and Eligius (US).
A Note on Pools
While we can see which mining pools are the largest, it’s important to understand that the hash power pointed towards a mining pool isn’t necessarily owned by the mining pool itself.
There are a few cases, like with BitFury and KnCMiner, where the company itself runs the mining operation but doesn’t run a mining pool.
Bitcoin miners can switch mining pools easily by routing their hash power to a different pool, so the market share of pools is constantly changing.
To make the list of top 10 miners, we looked at blocks found over the past 6 months using data from BlockTrail.
The size of mining pools is constantly changing. We will do our best to keep this posted up-to-date.
Note:
If you cloud mine then World coin mining pool ppst don’t need to select a pool; the cloud mining company does this automatically.
Why are Miners Important?
Bitcoin miners are crucial to Bitcoin and its security. Without miners, Bitcoin would be vulnerable and easy to attack.
Get this:
Most Bitcoin users don’t mine.
However, miners are responsible for the creation of all new bitcoins and a fascinating part of the Bitcoin ecosystem.
Mining, once done on the average home computer, is now mostly done in large, specialized warehouses with massive amounts of mining hardware.
These warehouses usually 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. Antpool holds roughly 15% of the total hash rate of all Bitcoin mining pools.
About Antpool
Antpool mined its first block in March 2014, meaning that it emerged roughly four years after the first mining pool; Slushpool.
Antpool is run by Bitmain Technologies Ltd., the world’s largest Bitcoin mining hardware manufacturer, and a large portion of their pool is run on Bitmain’s own mining rigs.
Antpool supports p2pool and stratum mining modes with nodes that are World coin mining pool ppst all over the world to ensure stability (US, World coin mining pool ppst, China etc.).
Also, Antpool’s user interface is surprisingly slick considering that the underlying company thrives mostly off of hardware sales.
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.
Hardware is important because it determines the size of your contribution to the pool’s hash rate. Software is important because it enables you to direct your hardware’s hash power towards the pool you prefer. So make sure to make the right choice in order to optimize your rewards.
Finally, sign up at antpool. com to get started.
What are Antpool’s Fees?
Antpool claims that it does not charge any fees for using its pool. Although there is some truth to this claim, it is not 100% correct.
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 12.5 BTC reward which 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 collected per block by pools. At this time, Antpool keeps 1-2 bitcoins World coin mining pool ppst 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. org heed that the undisclosed fees make the service unwise to use for the time being.
What is the Payout Threshold?
The pool does not appear to have a payout threshold and pays out every day around 10 AM UTC.
The minimum withdrawal amount is 0.0005 BTC (other sources say 0.001 BTC).
Can you do Solo Mining on Antpool?
Solo mining means you mine for bitcoins without joining a pool. So if you use Antpool 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 upgrades to Bitcoin for reasons based on claims that have been largely disproved. Notably, this has taken place with somewhat of a vindictive attitude.
More specifically, the controversy revolves around Segwit – a feature that requires miner activation to be enabled. Despite 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 World coin mining pool ppst in early March 2017 for reasons that have not been elucidated by Bitmain CEO (and cofounder Jihan Wu).
Antpool claims that it will only signal for Segwit if there is a hardfork, which is a proposition that World coin mining pool ppst users oppose. Furthermore, allegations that the owner refuses to sell hardware to Segwit supporters have also begun to circulate.
By using Antpool, you allow the pool to decide your hardware’s approach to these matters, meaning that the pool that you used dictates the type of Bitcoin protocol that your hardware employs. If you wish to decide which implementation your hardware should signal for, you can use a pool that leaves the choice to its users, like the Slush mining pool.
Bitfury Information
According to BlockTrail, Bitfury is the third largest Bitcoin mining pool and mines about 11% of all blocks.
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, World coin mining pool ppst Slush or Antpool, Bitfury cannot be joined if you run mining hardware at home.
Bitfury 16nm ASIC Chip
Unrelated to its pool, Bitfury sells a 16nm ASIC mining chip.
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.
Valery Vavilov, CEO of BitFury
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Ethereum Mining Pool
Many people want to use the pools above for Ethereum too. But, most of the pools listed above are only for Bitcoin mining. Please see our post on Ethereum mining pools for more info on ETH specific pools.
Litecoin Mining Pool
Like Ethereum, none of the pools above support litecoin. For LTC mining you World coin mining pool ppst need separate hardware and a separate pool.
Bitcoin World coin mining pool ppst Pool Taxes
You’ll have to consult an accountant or lawyer in your area. But most likely you will have to pay income tax on income from mining pools just like you would for any other type of income.
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