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This will maximize your mining profits. 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 may seem like a lot but unlike other pools it stocks the transaction fees with its miners. At current prices, these amount to 1-2 BTC more per block.

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

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For LTC mining you may need separate hardware and another pool. Bitcoin Mining Pool Taxes Youll need to consult an accountant or attorney in your town. But most probably you will need to pay income tax on income from mining pools just as you want any other kind of income.

Bitcoin mining pools are a way for Bitcoin miners to pool their resources together and share their hashing power whilst splitting the reward equally according to the amount of stocks they contributed to solving a block.

A"share" is awarded 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 difficulty for mining increased to the point at which 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 resources so they could generate blocks quicker and therefore receive a portion of this Bitcoin block reward on a consistent basis, rather than randomly once every few years.

If you solo-mine, meaning you do not mine using a Bitcoin mining pool, then you will need to ensure you are in consensus with all the Bitcoin network. The very best method is to utilize the official i thought about this BitCore client.

If you participate in a Bitcoin mining pool then you might want to ensure they are engaging in behaviour that is in agreement with your philosophy towards Bitcoin.

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By way of example, some rogue developers have threatened to launch applications that may hard-fork the network that would probably result in tremendous financial harm.

Therefore, it is your responsibility to be certain 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 in a position to mine and relay segwit-style blocks. The following mining software has been updated to support segwit.

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Please look what i found note that software that supports the GetBlockTemplate (GBT) RPC must be upgraded to support both the BIP9 and BIP145 changes to GBT. All the apps linked previously that support GBT have been upgraded.

Segwit is triggered and enforced on testnet, which means you may find it helpful to test your infrastructure upgrade by mining with some little amount of hashrate on testnet. Alternatively, Bitcoin Core 0.13.1s regression test mode (regtest) also supports segwit by default.

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

The following pools are believed 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 rate.

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

Antpool: WARNING - Bitmain operates Antpool and some consider these to be a malicious celebrity in the Bitcoin ecosystem because of the AntBleed scandal in which they had been intentionally including malware within mining equipment they sell. In a corporate communication, Bitmain claimed this was a feature and not a bug. This malware would enable Bitmain to shut down equipment of consumers or competitors thus increasing their own profitability.

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

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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 has been founded in 2014 and currently has around 3 percent of their network hash speed under its control.

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