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This will maximize your mining earnings. USA, east coast: stratum+tcp://us-east. Stratum.slushpool.com:3333 Europe stratum+tcp://eu.stratum.slushpool.com:3333 China, mainland stratum+tcp://cn.stratum.slushpool.com:3333stratum+tcp://cn.stratum.slushpool.com:443 Asia-Pacific/Singapore: stratum+tcp://sg.stratum.slushpool.com:3333 What are Slush Pools Fees Slush Pool costs 2% of all payouts. This might look like a lot but unlike other pools it stocks the transaction fees using its miners. At current prices, these amount to 1-2 BTC more per block.

They also make the Bitcoin TREZOR hardware pocket and Coinmap.org. Ethereum Mining Pool Many individuals want to use the pools over for Ethereum too. However, the majority of the pools listed above are only for Bitcoin mining. Please see our article on Ethereum mining pools to get much more info on ETH specific pools.

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To get LTC mining you may need different hardware and a separate pool. Bitcoin Mining Pool Taxes Youll need to consult an accountant or attorney in your area. But most probably you will have to pay income tax on income from mining pools exactly like you want any other type of income.

Bitcoin mining pools are a means for Bitcoin miners to pool their resources together and share their hashing power while splitting the reward evenly according to the amount of shares they contributed to solving a block.

A"share" is given to members of the Bitcoin mining pool who present a valid proof of work that their Bitcoin miner solved. Bitcoin mining in pools began when the problem for mining increased to the point where it might take years for slower miners to generate a block.

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The solution to this problem was for miners to pool their funds so they could generate blocks quicker and therefore obtain a portion of the Bitcoin block reward on a consistent basis, rather than randomly once every couple of years.

Should you solo-mine, meaning you do not mine with a Bitcoin mining pool, then you'll need to ensure that you are in consensus with the Bitcoin network. The best method is to utilize the official BitCore client.

Should you participate in an Bitcoin mining pool then you will want to ensure they are engaging in behaviour that's in agreement with your philosophy towards Bitcoin.

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For instance, some rogue developers have threatened to release software that may hard-fork the network that would likely result in tremendous financial damage.

Therefore, it is your responsibility to make sure that any Bitcoin mining power you lead to a mining pool does not attempt to enforce network consensus rules you disagree with.

When segwit is activated, you will want to be able to mine and relay segwit-style blocks. The following mining applications has been upgraded to support segwit.

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Please note that software that supports the GetBlockTemplate (GBT) RPC must be updated to support the BIP9 and BIP145 changes to GBT. Each of the apps linked previously that aid GBT have been upgraded.

Segwit is already activated and enforced on web link testnet, so you could find it useful to check your infrastructure update by mining with a little amount of hashrate on testnet. Alternatively, Bitcoin Core 0.13.1s regression test mode (regtest) additionally supports segwit by default.

There are many good Bitcoin mining pools to choose from. Even though it's tempting to select the most popular one, it's better for the health of the network to mine with pools so as Visit Your URL to prevent potentially damaging concentration of hashing power.

The following pools are Thought to be currently fully validating cubes with Bitcoin Core 0.11 or afterwards:

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BTCC: BTCC is a Bitcoin exchange, wallet, and mining pool located in China. Its mining pool currently controls around 15 percent of their network hash speed.

Slush Pool: Slush Pool is run by Satoshi Labs, a Bitcoin company based in the Czech Republic. Slush Pool was the initial mining pool and maintains around 7 percent of the network hash rate.

Antpool: WARNING - Bitmain works Antpool and some consider them to be a malicious actor in the Bitcoin ecosystem because of their AntBleed scandal where they had been intentionally including malware within mining equipment they sell. i thought about this In a corporate communication, Bitmain maintained this was a feature and not a bug. This malware would enable Bitmain to shut down equipment of customers or opponents thus increasing their own profitability.

Eligius: Eligius was one of those first Bitcoin mining pools and has been founded by Luke Dashjr, a Bitcoin Core developer. Nowadays, the pool controls just under 1 percent of their network hash rate.

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BitMinter: BitMinter, once one of the largest Bitcoin mining pools, now controls less than 1 percent of their network hash speed.

Kano CKPool: Kano CKPool has been founded in 2014 and currently has around 3 percent of the network hash speed under its control.

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