BCHA (Bitcoin ABC) Solo Pool will be removed at 01/01/ UTC and replaced with Bitcoin Cash Node (BCHN) chain. Bitcoin ABC mining is temporary disabled after chain split issues and several invalid blocks in a raw. In case someone want to continue Bitcoin Cash mining, please switch to Bitcoin Cash Node (BCHN) chain at ute-strohner.de pool. This is an anonymous Bitcoin (BTC) SHA mining pool with 1% fee. No registration required, no email or password etc. Pool offers Instant Payout immediately when block found via Coinbase transaction. . List of known Litecoin Cash pools (LCC) SHA PoW algorithm. Live hashrate distribution, pool fees & minimum payment comparison. Mining Pools & Block Explorer.
Bitcoin cash solo poolute-strohner.de - Bitcoin Wiki
Pooled mining is a great way to gain profits and this applies to Bitcoin Cash in every aspect. You can also mine solo and occasionally gain big lumps of money, however, I recommend mining as part of a pool. This way you will be provided with smaller but much more frequent payments and your chances of successfully mining blocks will be significantly higher.
After all, the hashing power of your mining gear will be combined with that of many other miners and the speed of finding a new block will increase considerably.
It is important which Bitcoin Cash mining pool you join, as they all have different characteristics. This article will provide you with all the information you need to choose the best pool option for you.
You can also use the calculator to see how much profit can be made. When looking for mining pools, perhaps the easiest way to find a good one is by checking their hash rates. Higher hash rate means that the pool operates at a faster rate, thus increasing the chances of profit.
Here is a list of the best five Bitcoin Cash mining pools in comparison, based on their hash rate distribution, where you can see their market shares, locations, reward systems, and fees:. Another important factor to consider is the location of the pool server. If you want to learn more, you can check the guide on How to choose the right mining pool. I assume the reward systems column also got your attention.
As you can see, they are different, and one pool can use several ones. The ones mentioned in the table are not all there are. Joining a Bitcoin Cash mining pool is quite easy — you just need to sign up and set up an account. For those of you who are worried about their privacy, there are also pools that do not require official webpage registration and are really easy to join. Your next step must be connecting to it from a private and secure location — your PC.
You basically connect it to the pool. For Bitcoin Cash, log into your miner from your private PC. Over the past year, the same group of people who drove the Bitcoin Cash schism fractured into rival camps. One group backed a set of protocols called Bitcoin ABC. Another group wanted nothing to do with smart contracts, preferring to focus on making Bitcoin Cash even better suited for use as a digital currency. The schismatics on each side of the Bitcoin Cash holy war saw no reason to compromise. The launch of Shark Pool shows how far people were willing to go.
On November 16, the rival camps of miners began processing transactions onto the Bitcoin Cash blockchain with the different protocols.
Within hours, the blockchain had forked into separate versions of Bitcoin Cash. The price of both coins plummeted and pulled the rest of the crypto market down with it.
Satoshi Nakamoto based the Bitcoin blockchain on a concept called proof-of-work PoW. At first, miners used standard desktop computers. Even with their own ASIC rigs, individual miners will always be outclassed by well-financed corporations.
These companies build warehouses holding thousands of mining rigs, making them more likely to earn block rewards. By joining a mining pool, small-scale miners can form larger operations that compete effectively against the corporate miners. But joining a mining pool has a cost. Mining pool members must share their rewards. Even here, size matters because people who own many mining rigs get a larger share of the rewards.
PPLNS calculates the payment for a reward based on your share of the total hashrate. The payment rate can vary quite a bit, but the chances of getting a lucky assignment make it an appealing choice.
PPS simply divides the reward proportionally based on the hashrates members contribute to the hashpool during the time it takes to successfully add a block. They get to keep all of the rewards and transaction fees their mining earns in exchange for paying the mining pool a flat fee. There is one catch when it comes to mining cryptocurrency — especially during a hard fork battle in the middle of a bear market.
The return on investment depends on mining rewards being higher than mining costs. Rewards for mining were actually lower than mining costs in the hours and days after the Bitcoin Cash hard fork. The market analysts at crypto future exchange BitMex analyzed the situation and found that both sides were losing money with every coin they mined.
Antminers designed for Bitcoin Cash can process anywhere from As you can probably guess, both Antpool and the BTC mining pool only accept incoming connections from Antminer devices.
Antpool offers several ways to earn mining rewards. The payment methods and fee schedules vary depending on how tightly you integrate your mining operation with Antpool. Please enter your mining address to see mining stats. Blocks and reward for your address. Please enter your mining address to see found blocks and reward.
How to Connect , choose your location. Please note! Any location can be closed without a prior notice, server name will be saved and redirected to a nearest location. Address-based mining. Worker name. Nicehash support. Custom difficulty.