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This can maximize your mining earnings. USA, east shore: 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 charges 2% of payouts. This may seem like a great deal but unlike other pools it stocks the transaction fees using its miners. At current levels, such amount to 1-2 BTC more each cube.

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

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To get LTC mining you may need separate hardware and a separate pool. Bitcoin Mining Pool Taxes Youll need to consult an accountant or lawyer in your town. But most likely 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 discuss 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 that present a valid proof of work their Bitcoin miner solved. Bitcoin mining in pools began when the difficulty for mining increased to the point at which it could 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 payoff on a consistent basis, rather than randomly once every few 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 all the Bitcoin network. The best way is to utilize the official BitCore client.

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

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For instance, some rogue developers have threatened to launch software that may hard-fork the network which would probably result in tremendous financial harm.

Therefore, it's your responsibility to make certain that any Bitcoin mining power you lead to a mining pool does not try to enforce network consensus rules that you disagree with.

When segwit is activated, you are going to want to be able to mine and relay segwit-style blocks. The following mining software has been updated to support segwit.

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

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

There are many good Bitcoin mining pools to select from. Even though it's tempting to select the very popular one, it is better for the health of the network to mine with smaller pools in order to avoid potentially damaging concentration of hashing power.

The following pools are Thought to be currently fully validating blocks 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 the 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% of their network hash rate.

Antpool: WARNING - Bitmain operates Antpool and some consider these to be a malicious actor in the Bitcoin ecosystem due to their AntBleed scandal where they had been intentionally including malware within mining equipment they sell. In a corporate communication, Bitmain claimed this was a feature and More hints not a bug. This malware will enable Bitmain to shut down equipment of customers or competitors thus increasing their own elevation.

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

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

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

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