Is slushpool legit

Is slushpool legit DEFAULT

Slush Pool - Research and Compare

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MultiPoolMiner Overview

MultiPoolMiner is a cryptocurrency mining software product that utilizes the Windows command line to control multiple crypto mining operations simultaneously. It comes with multi-pool support that allows you to mine on multiple devices at once, using the algorithms that are best suited to your needs. The system also mitigates downtime with the Watchdog Timer that instantly detects any service interruptions and includes benchmarking capabilities that promote your continued growth and prosperity. MultiPoolMiner is available for installation on Windows machines.

Who Uses MultiPoolMiner?

The service is used by individual miners and organizations in industries such as finance, banking, and software development.

MultiPoolMiner Features

  • Monitoring: MultiPoolMiner enables you to monitor your various mining devices from a central display. This dashboard saves you time by eliminating the need to switch between multiple programs to check on your mining progress, streamlining your crypto mining monitoring experience.
  • Multi-pool support: The program allows you to support multiple mining pools at once, enabling you to diversify your coin portfolio. You can join pools that include MiningPoolHub, Zpool, HashRefinery, and more. The product also allows you to mine with whatever algorithm is most profitable for you. It comes equipped with comprehensive multi algorithm capabilities using a wide range of algorithms such as BlockMunch, A Hash Pool, and NiceHash. A complete list of supported crypto pools and algorithms is available on the application’s website.
  • Benchmarking: The system comes with a practical benchmarking tool that allows you to set clear goals for your organization and then compare your progress against those goals. This feature can help establish a long-term mining strategy that ensures your continued growth and prosperity.
  • Watchdog Timer: Stagnated mining operations can cost you a lot of time and money, which is why MultiPoolMiner comes with the Watchdog Timer feature. It makes sure that everything is up and running at all times. It instantly detects when a disruption occurs so that you can mitigate expensive downtime periods caused by service interruptions.
  • Documentation: The vendor’s website includes robust documentation of the product, enabling you to optimize the product’s efficiency at your own pace.
  • Open-source software: MultiPoolMiner is an open-source software product that allows you to alter its backend code to customize its functionality. Open-source software also helps deliver a more secure work environment since it gives you complete transparency over what the application can and can’t do. This feature is useful because many unsavory cryptocurrency products out there try and take advantage of their customers.

MultiPoolMiner Pricing

You can download, install, and begin mining for crypto for free; the vendor then takes a minimum fee for their services based on your activity. You can visit the website for more information about the product and to contact the vendor concerning specific questions. The crypto mining product gives you the power to mine for various cryptocurrencies with a dynamic selection of algorithms, but is it the right program for your business needs?

Is MultiPoolMiner Worth It?

It is important to note that the cryptocurrency market is both decentralized and unregulated. As such, there are no regulatory safety nets to help you recover lost funds. We encourage you to consider security measures and safety when deciding on a new cryptocurrency software product, whether you are new to the industry or a seasoned investor. This product enables you to create a diverse coin portfolio by mining multiple pools at once. It supports a wide range of mining algorithms so that you can choose the one that is most lucrative to you. If you are interested in a cryptocurrency mining software product that helps you simultaneously monitor several mining operations, MultiPoolMiner could be right for you.
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As a small business owner, you may want to supplement your revenue via cryptocurrency and blockchain mining. Using JavaScript, CoinIMP is a new take on cryptocurrency mining software you can embed in your site and run through your browser. Since browser mining can use the CPU efficiently for Monero and Webchain, it can use some of the visitors’ CPU resources to work on mining. The thing is, the best GPU for mining isn’t going to be in most business machines, and most currencies need GPU architecture to be cost-effective in time to mine them. This is not the case for all cryptocurrencies though, but some can be just as efficiently mined by the CPU—this makes mining as a secondary revenue for your business quite possible. You undoubtedly have a website, and you’ve surely tried ads and other forms of monetization to supplement, but ads don’t work that well anymore—this is where CoinIMP can help. Understandably, since every visit from any device will briefly contribute to a collective mining operation, you have a mostly unobtrusive form of monetization. CoinIMP can be applied to businesses of all size.

Features

  • Platform Agnosticism – CoinIMP is JavaScript-powered, meaning that any device that visits your site will contribute to the mining effort. All modern browsers across all devices—even game consoles and flip phones—support JS now.
  • Adblock Immune – Ad blockers prevent you from supplementing and monetizing your website, but CoinIMP is immune to such efforts, due to not being a standard web element that’s easily blocked or tracked down. Sure, some script control extensions may be able to disable it, but that’s only going to be from more advanced users.
  • ASIC Prevention – You can rest assured these currencies and your mining efforts are protected from unfair ASIC (application specific integrated circuit) mining efforts, due to the constantly-shuffling algorithmic parameters of the hash challenges. Only CPUs can adapt to this, as ASICs are locked, hard-wired logic.
  • Easy Trade – Easily trade in your tokens for fiat currency, without the need for complex wallet management. You have a private key, and there’s an established API for talking to standard pay-out services. This is something a lot of crypto doesn’t do well, and can be a discouragement to business-minded people who want no-nonsense financial solutions where possible.
  • Referral Program – Increase your traffic and the value of your hashes through the referral program, which creates broader, shared pools. This is a clever approach to growing the community, though at this stage, it’s a new concept so how effective this well be is not yet determined completely.

Pricing

As we said a moment ago, CoinIMP is free to join and use. Some unspecified percentage of mining efforts go back into funding the program, but it’s minor per unit. As the user base grows, the percentage per unit will likely decrease, if the designers are smart. Obviously, the higher traffic your site gets, the more beneficial this concept becomes. Regardless, you really won’t feel this cost, since it’s not coming out of your pocket. CoinIMP will cost you nothing but the time to implement it, and that’s very easy to do.

Conclusion

Looking at the big picture, this is an interesting concept. The idea of a new form of unobtrusive monetization of web traffic is always something to be on the lookout for, given how ineffectual ads tend to be these days. CoinIMP’s approach could be a new way to implement monetizing free-use services in the future, providing enough true-value cryptocurrencies can come around that make good use of the CPU versus the GPU. Of course, cryptocurrency software is one use of distributed CPU computing, and this could eventually turn users into an extension of cloud computing applications, in future.
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Genesis Mining is a cryptocurrency mining software that was developed to provide an effortless way to mine alternative currencies. Given the versatility of the platform, those who may have no prior experience are just as welcome as those who are mining experts. Courtesy of the multi-algorithm cloud mining, it is perfect for beginners as well as for anyone who lacks the capacity to take their mining to a new level. Given the advanced set-up and countless resources, Genesis Mining is focused on small to mid-sized businesses that are looking for a better solution for their blockchain mining. One of the factors that differentiate Genesis Mining from other providers is the pricing structure. It was created in a unique way because the founders understand that some buyers will come in with a plethora of applicable experience, while others will need more help. To best accommodate everyone, individuals and businesses can choose their preferred plan that is based on the number of million/trillion hashes per second as well as the length of time needed. The current offering is granted via two or five-year contracts. Additionally, packages are priced differently depending on the altcoins that are offered. For example, Monero and Zcash will not be valued the same as Bitcoin and Ethereum mining contracts. With a large number of reviews coming from thousands of customers, Genesis Mining seems to mostly attract smaller businesses that are in the industry of altcoin mining. According to them, one of the main reasons why Genesis Mining is a great long-term solution is its scalability. Since it offers minor contracts that do not go for as long as most other platforms require, it allows investors to take a form of a trial stage and learn the ins and outs of the network. Those that are able to interpret data well and see further benefits from using the software can purchase higher-end contracts that will offer an increase in the hashing rate and run for a longer period of time. Additionally, a number of previous users praise the simple pricing structure for the hardware rentals and a wide variety of supported altcoin assets. The network also provides compatibility with systems that use scrypt algorithms, proof-of-work concepts, and various mining styles such as the ASIC and GPU alternatives. Since certain miners like to rely on very specific ways of mining, it is understandable that they would be intrigued by this level of inclusion. Also, the incentive-based structure that sometimes grants bonuses to miners has been a very popular feature. Businesses that were able to capitalize on such promotions recognize how helpful it was to receive a boost in earnings for simply being a client. Not to forget that the seamless withdrawal process has made it a very reliable system in the eyes of many past and current users. Lastly, a few of the buyers went as far as to classify Genesis as the best GPU for mining. This was further accompanied by compliments for the responsive support system that cemented the need for people to switch to this network for their mining needs. As far as the downsides when it comes to using Genesis Mining, there seem to be some issues revolving around transparency. Users have reported concerns about fund allocation that seemed curious and there has been a shortage of answers offered by the company itself. Due to this, a lot of the new buyers are borderline skeptical to get involved. Nevertheless, Genesis Mining remains a state-of-the-art platform for hosting miners. Although the short-comings certainly need to be addressed, the organization has come a long way from 2013. In fact, features like the cloud-based, multi-algorithm mining intertwined with the wide offering of diverse altcoins make it one of the most advanced tools for every cryptocurrency user. Thus, those who may feel inclined to test the cryptocurrency software’s network can certainly do so immediately and get a jump-start on what can be a very lucrative mining career!
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WinMiner is an easy-to-use cryptocurrency mining software that is simple enough to introduce business owners to crypto mining in a digital world. As a small business owner, you’ve probably been paying attention to the concept of cryptocurrency software over the past couple years. How does bitcoin mining work? What makes cryptocurrency in general more beneficial than fiat currency, if that’s even the case? Cryptocurrency mining itself is behind this, and is actually the hardest crypto concept to contextualize. Basically, a bitcoin mining operation is the process of receiving a mathematical challenge, which a computer then strives to solve—this is called a hash resolution. This resolution is then added to a block chain (a growing, immutable, interrelated series of data). Enough resolutions result in bitcoins, altcoins or other such internet currency, which are transferrable to real money. If you're ready to start mining, WinMiner is worth a look.

Features

  • Algorithmic Control – While WinMiner doesn’t let you completely reshape the optimized algorithm (and you don’t want to), you have a lot of control over it. With good GPUs to back it up, this can result in excellent hash rates. Need to mine multiple coins, or attack multiple hash difficulties simultaneously? Thanks to the algorithm switch functionality, that’s possible too.
  • Easy Exchange and Withdraw – Easily exchange between various cryptocurrencies, and convert into fiat currency through a host of established, vetted payment systems like PayPal, Payeer, Amazon gift cards, and much more. This eliminates the need for an intermediary wallet application if you’re not worried about using crypto as a fund storage medium. Elimination of “middle man” applications like this is always good when possible. As a small business owner, you want rapid, no-nonsense payout.
  • Business Intelligence – Get excellent prices and exchange rates to estimate what your mining is worth. You can transform what given coins are worth in other coin units, or in USD, so you always know what your efforts are worth. Mining is expensive, and requires much power, time, and equipment needed to make it all work effectively. Having solid business intelligence to make choices for scheduling and dedication of resources is a very good idea. Most miners don’t speak business language quite this intuitively, which makes them less accessible to business-minded users.
  • Easy Interface – This interface is easy to use, if you’re comfortable at all with standard computer applications made after 2005, you’ll feel right at home using this program. It requires no real training or heavy learning to get going with it.

Pricing

This application is actually completely free in and of itself, though there is an option to buy into “tokens” that they offer. The problem is, they don’t do an excellent job explaining what these tokens do, in their entirety. If you don’t plan on buying into these—which seems to be a faster way to deliver challenges to miners, and a startup for a new base cryptocurrency itself—then you can consider this program scalable for any business size, due to the nonexistence of cost.
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AIOminer is an all-in-one GPU mining solution that lets users control their blockchain operations from anywhere. This Windows-based cryptocurrency software leverages public information from WhatToMine.com, and it then sends alerts to users based on what its artificial intelligence (AI) algorithm finds. The goal is to let users know what the most profitable mining operation is at any given time. Timed mining gives users the freedom to act on this information. GPU power can be more expensive during certain times of the day. Setting a schedule can help to avoid any additional fees you might incur if you mined during these active hours. While it could fit into any size Bitcoin mining operation, AIOminer's timed features make it attractive to individuals who run their own mining projects. Automatic profit switching takes this information a step further. This feature can automatically disable mining as soon as the AI detects unfavorable market conditions. The AI constantly checks current conditions against a benchmark downloaded from WhatToMine. You can enable the auto start feature to let AIOminer start mining for you when it senses that the time is right. Users won't have to pay any fees to use AIOminer itself. The cryptocurrency mining software is free to download. Power users can access the source code from the developer's GitHub page at no cost. Those who don't have much experience with Bitcoin technology will like AIOminer's community. If you're new to Internet currencies, then you probably have a ton of questions. How does Bitcoin mining work? What's the difference between a Bitcoin token and a blockchain? AIOminer's developer hosts a wiki that includes an intro to mining for new users. There's also a Discord channel teeming with fellow miners who are ready to chat. AIOminer has quickly become the biggest bitcoin miner based on AI technology. It's a great way to keep an eye on blockchain conditions even while you're sleeping.
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NiceHash Overview

NiceHash is a cryptocurrency mining software product that allows you to mine valuable crypto coins and trade them on a built-in exchange platform. The platform supports a multitude of coins, including Bitcoin and many popular altcoins. It also provides users with a practical profitability calculator and even a valuable multi switching algorithm. NiceHash is available for installation on Windows and Linux machines. You can also download the mobile app for Android and iOS devices.

Who Uses NiceHash?

The platform is used by businesses and individual users working in networking, finance, publishing, IT, banking, and broadcasting.

NiceHash Features

  • Diverse coin pool: NiceHash enables you to mine a wide range of coins like Bitcoin and popular alternative coins (altcoins). It comes with a practical multi switching algorithm that automatically selects the most lucrative coins to mine at any given time, optimizing mining efficiency.
  • Central dashboard: An uncluttered central dashboard serves as a home-base for your mining and trading operations. It shows you current mining activities, devices, and balances from a comprehensive window, affording you at-a-glance overviews of your system’s performance.
  • Use your computer: The product helps you mine coins without specific crypto mining hardware because it can utilize the GPU/CPU power that your machine likely already has. The vendor’s website also includes a profitability calculator that determines the amount of mining you can realistically do, allowing you to plan accordingly.
  • ASIC support: NiceHash also supports the use of ASIC machines explicitly used for crypto mining, allowing you to use dedicated mining hardware to maximize your return on investment (ROI).
  • Hash power buying: The system enables you to expand your mining scope by allowing you to purchase additional hash power without needing to upgrade your hardware. It essentially acts as rented hash power since you can harness other resources to mine without committing to expensive dedicated machines.
  • Cryptocurrency exchange software: In addition to the system’s crypto-mining capabilities, NiceHash also serves as a comprehensive cryptocurrency exchange platform. It supports a wide range of established and emerging crypto coins, allowing you to make the most out of your mining operations by trading without third-party exchanges.

NiceHash Pricing

This product can be installed for free and features a flexible fee-structure dependent on which coins are mined and traded. More information is available on the vendor’s website. NiceHash serves as an efficient cryptocurrency mining and trading platform, but does it suit your unique needs?
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MinerGate Overview

MinerGate is a cryptocurrency mining software product that allows you to mine a diverse array of crypto coins without expensive hardware. You can join a robust mining pool to extract Bitcoins, as well as a variety of altcoins. The program also features real-time exchange rates to display the actual value of your assets and allows for instant withdrawals for maximum crypto mining convenience. MinerGate is available for installation on Windows and Mac machines.

Who Uses MinerGate?

MinerGate is used by businesses and individual miners in industries such as IT, networking, food and beverage, education, and financial services.

MinerGate Features

  • Mining pool: MinerGate enables you to mine for cryptocurrency with the dedicated application, MinerGate xFast. The program allows you to cultivate the most well-known crypto coin, Bitcoin, as well as altcoins like Ethererum, Monero, and Zcash. A complete list of minable coins is listed on the product’s website.
  • Real-time exchange rates: A central dashboard shows you all cryptocurrency exchange rates in real-time so that you’ll never miss out on the perfect opportunity to buy or sell. This feature allows you to capitalize on favorable market conditions in order to maximize your return on investment (ROI).
  • Withdrawals: Unlike cryptocurrency services that require you to convert your coins into traditional money on third-party exchanges, MinerGate allows you to withdraw funds quickly and place them directly into your wallet. This process makes it convenient to take your funds out and allocate your profit to other areas of operation within your organization.
  • CryptoNight ASIC Pool: MinerGate allows you to add coins to your portfolio by simply mining other coins. You’re able to use your computing power to mine for Monero-Classic coins while earning Bytecoins in return; this is notable since mining for Monero doesn’t affect your main mining operation; your other processes will continue like normal.

MinerGate Pricing

The vendor allows users to download the program for free and takes a flat fee from all mined coins; more detailed information can be found on the website. You can also contact the vendor directly to obtain more information. If you would like to begin mining a variety of cryptocurrency coins, MinerGate could help you get started on and maintain a cryptocurrency portfolio.
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If you want to put your equipment to work, Electroneum might be a good cryptocurrency mining solution for your business. Your business machine may not have the best GPU for mining, but you can still get a good bit out of some of the more intuitive cryptocurrency mining software out there, which is designed to be more forgiving. As a small business owner, you’ve probably heard a lot about cryptocurrency and bitcoin in the past few years. The security and independence of something like this has its obvious appeal—crypto is impossible to counterfeit or hack, anonymous in its payment, and somewhat free of the woes of the global fiat markets. So, you’ve probably got a wallet and payment system already picked out for the future of this kind of enablement currency achieving mass adoption. Electroneum might be the next step for you.

Features

  • Up and Coming Unit – Electroneum (ETN) tokens are a newer unit of cryptocurrency, and they’re currently on the upward trend in value. ETN tends to plateau after enough of them are mined, which means that right now, you can mine them faster, and you can get a greater return on investment right out the gate.
  • Built-In Wallet – Unlike some miners, Electroneum offers built-in wallet features, which eliminates the tedious process of linking the wallet to the miner. This is usually quite the task, with a lengthy alphanumeric code being manually typed in, to get them linked together.
  • Mobile Support – Unlike some miners, Electroneum is mobile-enabled. Modern mobile GPUs aren’t the best, but the drive for HD video and more sophisticated gaming ability have made them beefier than they once were.
  • Instant Payments – Thanks to Electroneum’s built in wallet and native ecosystem, you can get instant payments, allowing you to readily and directly convert your mining work into liquid, fiat currencies. This kind of valuation isn’t really offered by other cryptocurrency software offerings out there, so it’s definitely of note. As a business person, you want the most direct conversion of effort into actual valued assets, and you definitely don’t want to be bothered with selling the tokens back, when automation is available like this, of course.
  • Growing Community – There is a growing community around a rising crypto unit, and that means lots of enthusiastic support. This is also a chance to get in on the ground level, which can’t be said for other noted currencies going right now.

Pricing

Mining software, like Electroneum, is entirely free. The goal of this software is to grow the value of the ETC currency, which the developers and backers have a noted investment in on a fundamental level. This is their financial drive behind developing, supporting, and providing this technology. The great advantage there is that this costs you nothing to get into—except bandwidth and any equipment you don’t yet have. This makes Electroneum viable for any business size, or for individuals who want to pursue crypto mining.
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HashFlare Overview

HashFlare is a cryptocurrency mining software product that allows you to mine for Bitcoin and popular altcoins. The system comes with dynamic pool allocation configurations that enable you to designate your computing power to specific coins, promoting a more diverse portfolio. In addition, real-time mining monitoring capabilities provide you with detailed statistics that give you the ability to optimize your mining operation’s efficiency fully. HashFlare is available as software as a service (SaaS), a cloud mining product that you can use directly from your web browser.

Who Uses HashFlare?

Individual miners and businesses use this crypto mining product in industries such as internet services, IT, accounting, real estate, finance, and software development.

HashFlare Features

  • Diverse crypto mining: HashFlare allows you to mine valuable Bitcoin, the most popular and well-known cryptocurrency. The platform also allows you to mine the Litecoin, Ethereum, Zcash, and Dash altcoins in order to cultivate a more diverse crypto portfolio.
  • Pool allocation: With comprehensive pool allocation tools, you’re able to designate which coins you want your system to mine. Resource allocation gives you the power to concentrate on certain coins over others. For instance, if one of the coins you mine suddenly skyrockets in value, you can tell the program to mine that currency.
  • Instant withdrawal: Unlike some cryptocurrency products that hold your funds for a pre-determined amount of time, the product enables you to withdraw your assets instantly.
  • Real-time mining monitoring: When you have a clear picture of how your mining operation is functioning, you’ll be able to improve it accordingly. The product includes real-time reporting based on detailed statistics to illustrate which areas work and which workflows require further optimization.

HashFlare Pricing

This service has fixed fees to mine each of the altcoins listed above individually. More detailed information can be found on the vendor’s website, where you can also contact them to ask any additional questions. If you are looking for a way to begin mining cryptocurrency from a platform that gives you instant access to your funds, HashFlare is likely worth your consideration.
Sours: https://www3.technologyevaluation.com/sd/solutions/slush-pool-68925

Slush Pool

Audience

Investors searching for a Mining Pool platform

About Slush Pool

Slush Pool is the 1st mining pool with more than 1.2M BTC mined since 2010. Explore features such as advanced payouts, monitoring and more. Get instant access to a safe learning environment without the need to connect your mining hardware. The mobile application offers a convenient overview of your dashboard and allows you to receive notifications for significant events of your choice. Our monitoring system does exactly that. Each of your workers is constantly monitored as a separate unit and every issue is recorded. If you allow us, we will gladly send you notifications of these events either via email or via our lightweight mobile app so you can take the necessary action. We know that one size does not fit all, therefore we allow miners to set up monitoring according to their needs. Do you want to monitor only a certain portion of workers? No problem. Do you find the default monitoring settings are too (in)sensitive? You can adjust the alert limit accordingly.

Ratings/Reviews

Company Information

Slush Pool

Founded: 2011

Czechia

slushpool.com/home/

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Slush Pool Product Features

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Sours: https://sourceforge.net/software/product/Slush-Pool/
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We do not require any payments or investments from our users! We are a mining pool service, meaning you need to operate your own hardware and send that computing power to us in order to stabilize your mining rewards. See Introduction to Mining to understand how mining and pools work.

Read our blog article on the topic "Bitcoin Mining Scams to Avoid (Slush Pool Impersonators)" for more information: https://braiins.com/blog/bitcoin-mining-scams

If you have been offered any investment opportunity from anybody claiming to be affiliated with us it is a scam! There are no official Slush Pool consultants who would offer "investments opportunities" on the internet. It is a common tactic from many scammers nowadays and, unfortunately, there isn't much we can do to prevent it.

Please be aware of suspicious email addresses created on regular services like Gmail. Our employees (including support agents) only communicate using addresses from one of the following domains: slushpool.com, braiins.com.

Contact us if you need assistance. We are here to help.

Sours: https://help.slushpool.com/en/support/solutions/articles/77000417418-a-slush-pool-agent-has-offered-me-an-investment-opportunity-is-it-a-scam-
Bitcoin Mining Pools debate: Slush Pool, Poolin, Luxor

Bitcoin Mining Scams to Avoid (Slush Pool Impersonators)

Are you looking to get into Bitcoin mining? Or are you deciding to purchase a mining contract to earn passive income? Stop. You may become a victim of a Bitcoin mining passive income scam. 

Bitcoin passive income (or investment) scams are prominent in the Bitcoin mining space. These scams typically require you to invest money up front to purchase a Bitcoin “mining contract.” In return you get a guaranteed income stream — or so they say. 

Cryptocurrency scams tend to gain popularity when the price of Bitcoin increases significantly. As many new unsuspecting people join the space, they often come across these fraudulent companies. It’s up to you and only you to protect yourself and decide whether it’s a scam. There is little to no recourse for people who fall victim to these scams because Bitcoin transactions are irreversible.

Known Bitcoin Mining Scams

The following are known impersonators to avoid:

Websites

  • slush-pool.com
  • slushpoolprofit.com
  • slushpoolinvests.com
  • slushpoolmining.com
  • slushpoolglobal.com
  • bbcstaticminer.com
  • btcpond.com

Instagram

  • instagram.com/slushpoolmining
  • instagram.com/slushinvestments

Emails

Telegram

  • Telegram channel - SLUSHPOOL UPDATES
  • Telegram account - SlushPool
  • Telegram channel - Slushpool Hashrate Investment
  • Telegram group - Slushpool network

Please let us know if you find another one here.

Slush Pool Impersonators

Slush Pool is the oldest and a well respected Bitcoin mining pool. Unfortunately,  many scammers use our name to legitimize the investment scam they’re running. Slush Pool will never require payments from our users. There are no official Slush Pool consultants who offer certain "investments opportunities" on the internet. The only domains that we use are slushpool.com and braiins.com.

The following are a few red flags to look out for when assessing Bitcoin mining investment opportunities.

Guaranteed Return

Bitcoin mining is a complex process. Determining the exact return on your investment in advance is almost impossible. Different variables are at play, such as the mining difficulty and current Bitcoin price, many of which are completely out of your control and will all affect your return. Therefore, anyone who promises you a guaranteed return in advance is a major red flag. 

If you’re purchasing a cryptocurrency mining contract to have your mining hosted with another company, a more legitimate investment will show the amount of hashing power you will receive in return for your investment. If you’re purchasing bitcoin mining equipment for your own operation, it's best practice to purchase directly from the manufacturer or a trusted reseller with a strong public reputation.

Reviews

Having positive reviews isn’t enough. Many scammers know that people will look at reviews before deciding whether to invest. These reviews are often fake and talk very positively about the company. This is especially true for reviews and testimonials found on the website itself. 

You shouldn’t solely rely on what other people say about the company. You must do your own research and assess the company yourself. 

Trustworthy Communication Channels

The channel that you came to learn about the company helps determine the legitimacy of the company. Was it a direct message on Twitter or Instagram? Did you get an unsolicited email? Legitimate companies within the space will not reach out through informal communication channels.

We have a saying in the Bitcoin industry: “don’t trust, verify.” Doing your own research and keeping the previously mentioned red flags in mind will help you avoid falling victim to these investment scams. 

At Slush Pool, our employees (including support agents) only communicate using addresses from one of the following domains: slushpool.com, braiins.com.

Contacting Slush Pool Impersonators 

We decided to contact some Slush Pool impersonators ourselves. We compiled images to showcase the misleading claims the impersonators make. These images are intended to act as educational content to help prevent more people from falling victim to these scams. 

How The Scam Works

The following is the most typical way someone will get scammed: 

  1. You’re promised guaranteed profits. Claims such as making 15% in 20 hours is a huge red flag. Remember, nobody can promise a guaranteed profit.
  1. You’rerequired to send bitcoin. This is where the scam occurs. By sending your bitcoin, there is no way for you to get it back since transactions are irreversible. The website will provide you a bitcoin deposit address to allow you to send them bitcoin.

The scammer will attempt to get more bitcoin from you. Typically an issue with your deposit will occur and ask you for more bitcoin. Another common tactic is that they get you to pay “fee” to enable you to withdraw your profits from the platform. This is just another attempt to get you to send them more bitcoin. 


Understanding how the scam operates will help protect you from falling victim to this common crypto mining scam. If the investment sounds too good to be true, it probably is. 

Conclusion

If you ever come across anybody claiming to be from Slush Pool who asks you to send BTC for "Bitcoin mining contracts" please do not send them any coins and report the impersonators as spammers or scammers if possible.

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Sours: https://braiins.com/blog/bitcoin-mining-scams

Slushpool legit is

Jordan Tuwiner Last updated September 1, 2021

bitcoin mining pool Now that you have Bitcoin mining hardware, your next step is to join a Bitcoin mining pool or buy bitcoin.

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.

Finding a good mining pool is important because its going to save you money.

Pool Concentration in China

Before we get into the best mining pools to 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 controlled by a pool, and the location of that pool’s company, we estimate that Chinese pools control ~65% 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 that 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.

Current Mining Pools

The list below details the biggest Bitcoin mining pools:

mining share per pool

We strongly recommend new miners to join Poolin or Slush Pool.

1. F2pool

F2Pool is based in China. It mines about 10% of all blocks.

2. Antpool

Antpool is a mining pool based in China and owned by BitMain. Antpool mines about 17% of all blocks.

3. ViaBTC

ViaBTC is a somewhat new mining pool that has been around for about one year. It’s targeted towards Chinese miners and mines about 13% of all blocks.

4. Poolin

Poolin is a public pool which mines about 13% of all blocks. They are based in China, but have a website fully available in English.

5. Binance Pool

Binance Pool is a fast growing pool owned and operated by Malta-based exchange Binance.

Binance is already one of the largest crypto exchanges on Earth and they are moving aggressively to expand their reach in mining as well.

Binance mines about 9% of all blocks

6. BTC.com

BTC.com is a public mining pool that can be joined and mines 9% of all blocks. We strongly recommend joining Slush Pool or Poolin instead.

7. Huobi.pool

Huobi.pool is a Chinese based mining pool accounting for 2% of all mining.

8. Foundry USA

Foundry USA is (you guessed it) a US based pool owned by German blockchain company Foundry Digital. They account for 9% of all hashing power.

9. Slush

Slush Pool was the first mining pool and currently mines about 5% of all blocks.

Slush is probably one of the best and most popular mining pools despite not being one of the largest.

10. SBI Crypto

This is a Japanese pool that currently mines about 2% of the blocks.

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, you could connect to a server in the US, for example.

Bitcoin Mining Pool Comparison

Get Mining Hardware

What is mining hardware?

Mining hardware is specialized computers, created solely for the purpose of mining bitcoins. The more powerful your hardware is–and the more energy efficient–the more profitable it will be to mine bitcoins.

*BuyBitcoinWorldwide.com averages prices from various online sources. Actual prices may vary depending on seller.

Get a Bitcoin Wallet and Mining Software

Before you join a mining pool you will also need Bitcoin mining software and a Bitcoin wallet. You will also very likely need an ASIC miner, since GPU mining will likely never be profitable again going forward.

hardware wallets and mining software

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 is where you pay a service provider to mine for you and you get the rewards.

Just Want Bitcoins?

If you just want bitcoins, mining is NOT the 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 small number of countries mine and export a significant amount of bitcoins.

QUICK TIP

Unless you have access to very cheap electricity, and modern mining hardware then mining isn’t the most efficient way to stack sats. Buying bitcoin with a debit card is the simplest way, but we also recommend using a payment network like Skrill or Interac e-Transfer or use a bank transfer such as SEPA when available.

To buy bitcoin in your country or state, check our guides! A few of our most popular are listed below!

…or visit our exchange finder if your country is not listed above.

China

China’s mining pools mine the most bitcoins even though the actual mining hardware may be located in a different country.

Until recently even the mining hardware was located in China because the electricity in China is very cheap. It was even rumored that some Chinese power companies pointed their excess energy towards Bitcoin mining facilities so that no energy goes to waste.

All of this has changed since the Chinese government has banned crypto mining within the country.

Still China is home to many of the top Bitcoin mining pool 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 about 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.com.

The size of mining pools is constantly changing. We will do our best to keep this post up-to-date.

Note:

If you cloud mine then you 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.

Payout Schemes

How do Pools Pay Members?

best bitcoin wallet

You may be wondering how pools payout their members?

Is it the same way every time?

Do all pools use a similar payment structure or are all of them unique?

When you become a member of a mining pool, there are a number of ways your rewards for contributing hashing power can be calculated. All of the payout methods use the term “share”.

A "share" is awarded to members of the mining pool who present a valid partial proof-of-work.

Essentially, the more hashing power you contribute to the pool, the more shares you are entitled to.

Pay Per Share

The most simple payout scheme, Pay Per Share guarantees the miner a payout regardless of if the pool finds the next block or not. The value of a share is determined by the amount of hashing power that is likely needed to find a block divided by the reward for finding it.

If 100 shares are likely needed to find a block and the reward is 6.25 BTC, then each share is worth .0625 BTC (6.25 / 100).

Payment is paid from the pool’s existing balance and the amount of the payment is determined based on your number of shares.

pay per share payout scheme

PPS payout schemes pay out every block based on block rewards only

Because payment is guaranteed, more of the risk is on the mining pool operator. The payouts to the pool members is therefore smaller than in Pay Per Last N Share, explained below.

One final feature of Pay Per Share is that transaction fees from each block are kept by the pool operator. Pool members are only paid based on block rewards.

Full Pay Per Share

Full Pay Per Share (also known as “Pay Per Share +”) is the same as Pay Per Share, except transaction fees are also paid to the pool members on top of the block reward.

pay per share plus scheme

FPPS payout schemes pay out every block based on block rewards and tx fees

Pay Per Last N Shares

Pay Per Last N Shares is a more complicated payout that shifts more risk to pool members but also more rewards.

In Pay Per Last N Shares, pool members are only paid once a block has been found. Once a block is found, the pool looks at your share contributions for all previous blocks where the pool did not find the block, and this is called a “time window”. All the blocks in a time window are known as a “round”. Using these numbers, the pool determines your total share contributions over the round to determine your payout.

pay per last n share scheme

PPLNS payout schemes do not pay out every block

For example, if the pool mines through 6 blocks before finding a block, Then their reward for all the hashing power the pool contributed to the network over they 6 block round is 6.25 Bitcoins (not including transaction fees). If you contributed 100 shares for each of those blocks and the total number of shares was 1000, then your payment would be .625 BTC or .104 BTC per block.

The idea behind this payout scheme is that it removes all luck and only pays members based on their contribution to actual revenue earned by the pool. This scheme also incentivizes members to continue mining on in the pool even as the profitability of mining different coins rises comparatively. This is because disconnecting from the pool before a block is found will pay you nothing.

Pools that use Pay Per Last N Share may or may not include transaction fees in their reward payouts so it is up to your to find this out from each pool.

Pool Overviews

What Makes Each Pool Unique?

pool logo

So which pool should you choose?

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.

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.

Antpool review

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 spread all over the world to ensure stability (US, Germany, 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’s payout structure and percentages vary wildly depending on the coin you are mining in the pool.

In the case of Bitcoin, you will be charged a PPS+ at 4% plus a 2% transaction fee or you can choose PPLNs at 0% or SOLO at 1%.

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 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 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.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).

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.

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, unlike 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

Slush Pool is a name you probably heard if you ever researched mining pools. Today, we’re going to help you familiarize yourself with it and see whether or not it’s worth using.

slush pool home page

Slush Pool has been around since 2010 and is one of the oldest Bitcoin mining pools in existence. It was originally simply called “Bitcoin Pooled Mining Server” or BPMS for short.

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. They also invented the scoring system, which awards users based on the “hash power” (the processing power) they bring to the mining pool.

Slush Pool was the very first mining pool, and, over the last decade, its users have mined more than 1 million Bitcoins using its services and software: BraiinsOS and BraiinsOS+.

Braiins OS+

And if that doesn’t sound impressive enough, you should also take this into consideration: in the last 6 months, Slush Pool collected more than 9% of all Bitcoins on the market.

That percentage makes it one of the five biggest Bitcoin mining pools on the Internet.

What Services does Slush Pool Offer?

We’ve covered what the Slush Pool is and explained how it works. Now let’s have a look at the specific services offered by Slush Pool should you decide to join it for your own mining efforts.

1. Fees and Payments

fees

In terms of fees, Slush Pool is very similar to other mining pools on the market. They offer a standard 2% fee, which you share with other miners. There’s a 0.0002 Bitcoin threshold, which means once you reach this sum, the platform automatically sends the earnings to your account.

The best thing about the payments is Slush Pool’s famous score-based method of payments, which allows the awards to be distributed fairly among Bitcoin miners.

2. Customer Service

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.

3. Security

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.

You can also lock your address if someone else is monitoring your account while you’re mining. In addition to that, the company only uses highly-secured servers, which guarantee the safety of your Bitcoin wallets.

Slush Pool Pros and Cons

Now we’re going to give you a list of both positive and negative aspects of the world’s oldest mining pool.

You can just take a look at the positive and negative aspects and decide whether you should use the pool or not if you don’t have the time to read the entire review.

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. It’s great for first-time users due to its simplicity. Plus, it gives awards to some of its most active users.

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.

satoshi labs stats

In other words, you won’t go wrong if you pick Shush Pool as your mining pool. 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.

F2Pool was originally launched in 2013 in Beijing. 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. Today, with 15% of the market in its control, F2Pool is the largest Bitcoin mining pool on the market.

Within the last year F2Pool has become the biggest mining pool. Just for reference, Poolin, which was the largest now is around 13% of the market share just behind F2Pool. And at 5%, Slush Pool, another of the biggest pools, controls just over a third of what F2Pool commands.

F2 pool illustration

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?

We’ve familiarized ourselves with the inner-workings of the company and talked about how F2Pool works. 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

fees

The biggest downside of F2Pool is their fee. Every transaction comes with a 4% fee, which is certainly not small. In fact, this is double what slush charges. However, many miners clearly fee the fees are worth it, given the size of the pool. Numbers don’t lie.

For instance, they offer daily payments and every time you reach 0.001 Bitcoin in your wallet, the company sends money to you automatically. They operate on a PPS system, which means they reward the people who mine the most on their network.

Customer Support

customer service

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.

Fortunately, anyone who’s had any experience with the F2Pool customer service knows that they are responsive and knowledgeable in their field. 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.

Security

security

F2Pool wouldn’t be so widely-used if they didn’t have good security. 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.

Just keep in mind that the email address you used to register can’t be replaced. The company forbids it for security reasons to prevent identity theft on their network.

F2Pool Pros and Cons

Now that you’re familiar with F2Pool’s history and some of its core features, we’re going to list all of its positive and negative aspects in place.

You can use this list to remind yourself about F2Pool’s pros and cons without reading the article if you start wondering whether you should use the service or not.

F2Pool Pros

  • Almost a decade of experience for the F2Pool staff members
  • The registration process is intuitive and the verification process is quick
  • The pool allows its users to mine Bitcoin, Litecoin, and ZCash
  • You have regular payouts and the threshold is quite low

F2Pool Cons

  • The 4% fee is higher than any other pool out there
  • Your account may be deactivated if it's left inactive for too long

Should You Use F2Pool or Not?

When it’s all said and done, what do we recommend? Should you use F2Pool or not? You already know that the answer is yes if you read the review carefully.

Not only is F2Pool one of the oldest mining pools still running, but it’s also one of the best on the market, 7 years after the initial launch.

f2 features

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. After a few months of mining, once you start making a healthy profit, you probably won’t even pay attention to the fee.

Poolin is a multi-currency mining pool that includes popular and profitable coins, including Bitcoin, Litecoin, Bitcoin Cash, and Zcoin.

It was started by the same founders of BTC.com, which was later acquired by Bitmain. It is a Chinese-based mining pool with many miners from China, but it is open to everyone around the world.

Poolin’s Features

This section will give an overview of some of Poolin’s features.

Quick Tip

Mining is not the fastest way to acquire bitcoins.

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.

Pushtx

A so-called transaction accelerator designed to mitigate the congestion of unconfirmed transactions via “fee bumping”. 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.

Miner Box

This is Poolin’s custom miner monitoring software that can change settings in batches. This is useful for larger-scale operations.

A Variety of Altcoins

Poolin

While most miners prefer to mine a handful of the top coins, Poolin supports some experimental altcoins. This includes Ravencoin, DASH, and Decred (DCR).

Ethereum Mining

For those wanting to monetize their graphics cards, the pool also supports Ethereum mining. This requires separate hardware since ASIC miners are designed for Bitcoin and Bitcoin forks.

Merged Mining

As bonus income, mining Bitcoin, BCH, or BSV in merged mining mode will result in Vcash, Namecoin, and Dogecoin payouts. This won’t affect normal hash rates of primary Bitcoin 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.

Hashrate Auto-Switch

Since BTC and BCH share the SHA256 same algorithm, it’s easy to switch between each coin when one is more profitable. 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 0.001 Bitcoin, and mining fees and payouts scale between currencies. There is a 0 minimum payment if using a Bixin or Mixin wallet. Upon request, users may make manual withdrawals.

Poolin

Poolin’s Fees

Bitcoin: 4% FPPS (Full Pay per share)

Bitcoin Cash: 4% FPPS

Bitcoin SV: 4% PPLNS (Pay per last n shares)

Litecoin: 3% PPS (Pay per share)

DASH: 2% PPS

Ethereum: 3% PPS

Zcash: 3% PPS

Who Runs Poolin?

Poolin was founded by Kevin Pan, Christopher Zhu, and Tianzhao Li, and is currently under Beijing Satoshi Smart Co., Ltd. They were the former owners and founders of BTC.com, but the company is now unrelated to Poolin’s current operations.

Where are Poolin’s Servers located?

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.ss.poolin.com, which resolves to an IP Address of: “47.252.92.116”. This is located in a data center in San Mateo, California and is hosted by Alibaba’s Cloud service.

Quick Tip

Using mining software is not the fastest way to get bitcoins.

Try an exchange below for the fastest way to get bitcoins.

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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. Pools help make it a little easier to compete since smaller operations can ‘pool’ together, but its still very difficult if not impossible to make money on a small budget mining operation.

Sours: https://www.buybitcoinworldwide.com/mining/pools/
Best or Worse Zcash / Bitcoin Mining Pool - Slushpool Review

Let's go there. We went where I said. Throughout the entire journey, I did not take my eyes off her lips and legs.

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Okay dear. - Said my beloved and glared at my lips in a kiss. After the kiss, I realized that I could no longer restrain myself and went under the tree.



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