One of the most well-known brands in the world of cryptocurrency, this outfit owns the domain as well as BTC.com (opens in new tab).
#Cgminer rejected low difficulty share series
It's owned and operated by Bitmain, a firm based in China which also manufactures the Antminer series of ASIC mining devices (you can check out our guide to the best ASIC devices here (opens in new tab)). Sign up for ViaBTC here (opens in new tab)ĪntPool (opens in new tab) is one of the largest mining pools operating today, and mines about 11% of all blocks.This includes the provision of “Real-time and detailed statistics of pool and miners,” via various visual representations to its members. ViaBTC also endeavors to provide a level of transparency to its members. In SOLO, the entire reward gets awarded to the miner that solves the block, and a small maintenance fee is paid, which can be risky and obviates the benefit of joining a mining pool. While this approach can lead to higher payouts long term, miners are subjected to unstable yields. With PPLNS, which stands for Pay Per Last N Shares, the payout gets calculated by the miner’s hashrate contribution, and factoring in the last N difficulty rounds for when the block is found, with transaction fees assigned to the miners as well as an additional small fee for the maintenance of the pool. With PPS+, which is Pay Per Share Plus, the pool pays the miner for each and every valid share that is submitted, which is a great option for a stable payout as the pool bears the risk for orphaned blocks. The choices are PPS+ which is the default, PPLNS and SOLO. ViaBTC offers some flexibility in the mining fees as there is a choice of how they are paid. More than just a mining pool, ViaBTC also has related products such as ViaWallet, their cryptocurrency wallet (opens in new tab) offering, and multiple cryptocurrency exchanges. It is a leader in mining and supports over a dozen coins that includes Bitcoin, Litecoin, Ethereum, and Dash. ViaBTC (opens in new tab) is a Chinese based mining pool started in 2016, with a worldwide presence consisting of servers in over 130 countries. Sign up for Slush Pool here (opens in new tab).Slush Pool has servers in the US, Canada, Europe, Singapore, Japan and China. Pool fees stand at 2% which is a little higher than some of the other pools out there. If you switch from Slush Pool to another, then try to return, your score will drop significantly to prevent folks from jumping around.
This section on mining rewards (opens in new tab) is particularly helpful as it contains a detailed explanation of how pay-outs are measured by each user's scoring hash rate. The website also has some very useful sections for those who are new to mining. There are also useful extra features, such as advanced remote monitoring, and a mobile app. Slush Pool is quite democratic in that you can register your preferences about the kind of mining you want your devices to perform, for instance: Bitcoin Core strict rules only. While you have the option to set your minimum pay-out threshold to as little as 0.001 BTC, be aware that there are additional fees for any pay-outs under 0.01 BTC. The website itself is flexible as it offers both a simple, and a more advanced interface for experienced miners. The sign-up process proceeds smoothly, and you can create a demo miner in order to familiarize yourself with the dashboard.
Currently Slush Pool is a large mining pool with a pool Hash rate of 5.33 Eh/s. It's the oldest currently publicly available, active mining pool, and enjoys an excellent reputation for stability and accuracy. Slush Pool (opens in new tab) goes back over a decade to 2010 when it was known as Bitcoin Pooled Mining Server with more than 1.25 million BTC mined to date.
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