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Bitcoin MiningMining PoolReviews

ViaBTC Review 2024: It Is Legit Or Scam? What They Offer?

by cryptocreed
written by cryptocreed

ViaBTC is one of the popular crypto mining-related service providers but are they legit or scam? There are many mining pools and ViaBTC alternatives but currently, they are widely used by miners.

In this ViaBTC review article, we are going to check what is ViaBTC, what they offer along with mining pools, where they are located, whether ViaBTC is legit or a scam, and much more to know about them before using it.

So let’s start checking it out.

What Is ViaBTC?

ViaBTC is a multi-blockchain-related service provider founded in May 2016 with the bold title – “Via Blockchain, Making The World A Better Place”. It was founded by Haipo Yang.

He is also the founder of CoinEx and ViaBTC Capital. There are no more details shared related to the team. Here is the Twitter profile of the founder and LinkedIn profile.

They have more than 1 million users from more than 130+ countries and almost covering every region.

It started as a Bitcoin pool on the PPS+ payment model and within a few months it ranked in the top 5 Bitcoin mining pools as per total hashrate.

What Services ViaBTC Offers?

Most of you know about ViaBTC because of their mining pool but they are not limited to that. ViaBTC offers different crypto-mining-related services to miners.

ViaBTC Pool

ViaBTC Pool is one of the biggest cryptocurrency mining pools for Bitcoin, Bitcoin and Bitcoin Cash are two coins that they supported in their founded days. Within a few months, they ranked in the top 5 Bitcoin mining pool.

As of now, they support 16 coins including Bitcoin, Bitcoin Cash, Ethereum Classic, Kaspa, Litecoin, Emercoin, Dogecoin, Dash, Zcash, eCash, Nevos Network, Namecoin, Horizen, Emercoin, Syscoin, Elastos, and Handshake.

While writing this article, ViaBTC has a network hash rate of around 10% and it covers 34% of the total mining pool network of BitcoinCash.

In the below table, you can check how much the ViaBTC mining pool covers the total pool hash rate of each coin that it supports.

ViaBTC supports PPS+, PPLNS, and SOLO mining payment systems. You can also use their feature like One Click switching and smart mining which will help you to switch coins and automatic coin switching.

ViaBTC Wallet and ViaWallet

ViaBTC has an integrated wallet that allows miners to deposit and withdraw their funds. All the mined coins and earned coins from referrals will be deposited in your ViaBTC wallet.

They have a product called ViaWallet which is a web3 wallet where you can store coins and control the wallet with your private keys.

Mining Farms and Companies

If you want to mine Bitcoin but don’t want to invest in hardware? Then you might like this feature. This is the list of third-party companies. They have a list of trusted mining farms that you can use to mine Bitcoin. What you have to do is just visit their Mining Farm page and choose the best farm to mine BTC. Contact the farm and get started with them.

You can also find the list of the Mining companies that provide their services to miners.

ViaBTC Transaction Accelerator

ViaBTC accelerator helps you to boost your transaction on-chain and make it get confirmed faster. You just need to paste your transaction ID and click on Free Submission. You can also boost your transaction by using their paid transaction.

The volume of a single transaction must be ≤0.5 KB and the transaction fee rate should be ≥ 0.0001 BTC/KB. You can pay transaction fees using Bitcoin, Bitcoin Cash, and Litecoin.

Free submissions are limited to 100 free submissions. You can also check out the list of Bitcoin Transaction Accelerators.

Signature Verification

If you want to verify your cryptocurrency address then you can use their Signature Verify feature. Currently, they support 7 coins Bitcoin, BCH, XEC, LTC, ZEC, ZEN, and DASH.

Also Read: Best Hathor Mining Pools

Also Read: Best Monacoin Mining Pool List

Mining Profit Calculator

If you want to know how much you can make by mining the coin then you can use their Profit Calculator which can help you to calculate the daily income and profit for every supported coin.

Simply enter the price of the coin, difficulty, your mining pool fee rate, and valid hash rate.

ViaBTC Referal Campaign

ViaBTC running a Referral campaign since 2017 where you can earn up to 20% of your referred person’s earnings. As a new member, you will get 10% of your referral earning fee but by becoming the Ambassador you can earn up to 20%.

Suppose you referred your friend and he generated a mining fee of $20 then you will get $2 from him. But if you are Ambassador then you will get $4.

How To Join ViaBTC

Anyone can join ViaBTC and it is absolutely free to join. Simply visit the link and fill out the form. Enter your email, send OTP to your mail, and verify your code. After that click on the Sign up button.

You can log in to your ViaBTC account by just entering your email and password to log in.

ViaBTC App

ViaBTC has a mobile app for Android and iOS users. You can download their app from the App Store, Play Store, or APK file from the website.

  • Android App: https://play.google.com/store/apps/details?id=com.viabtc.pool
  • App Store: https://itunes.apple.com/hk/app/viabtc矿池-通过比特币-让世界更美好/id1334584229?mt=8
  • APK: https://www.viabtc.com/res/common/app/download/android

ViaBTC Is Legit or Scam?

To know if it is legit or a scam we have to check what miners have to say about the ViaBTC. Let’s start checking the reviews on different websites like Trustpilot.

On TrustPilot they have a rating of 1.9 out of 5 from 19 reviews. Most reviews say that ViaBTC does not provide good customer support, has high fees, and bans users.

On Revain they have a rating of 3.6 out of 5 from 18 users. Negative reviews are the same reviews that are posted on Trustpilot.

If we check ViaBTC reviews from the Play Store then we have to dig in 15.8K reviews which rates the app 3.3 out of 5. They have more than 500K downloads. Most of the users reported that they failed to access the app. Also, some users reported that the customer support is very bad.

KYC is mandatory.

Overall ViaBTC is a trusted platform to start your mining journey. You can give try to the pool. If you found this ViaBTC review useful then do not forget to share it with others.

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Bitcoin cash mining pool
Bitcoin MiningMining

7 Best Bitcoin Cash Mining Pool To Mine BCH Coin in 2024

by cryptocreed
written by cryptocreed

Cryptocurrency mining is quite profitable if you mine your coin in Pool. The mining pool always has pros and cons but it has more pros for small & mid-miners.

Bitcoin Cash is a fork of Bitcoin, we have already seen many forks but only a few survived including Bitcoin Cash. BCH uses PoW which allows miners to mine them.

If you are looking for Best Bitcoin Cash Mining Pool then you are at the right place because choosing one of the best Bitcoin Cash pools is not easy as it involves many factors. Hence we picked the top 7 bitcoin cash mining pools which you can consider as the best pools for BCH.

While selecting Bitcoin Cash Mining pools we considered things like fees, number of miners, trust, and much more. So let’s have a look at the Bitcoin Cash pool.

7 Best Bitcoin Cash Mining Pool

You might find different sites providing a list of Bitcoin Cash Pools with details like fees but they all are not up to date and some even provide false data to promote others here we try to keep the list updated with real data.

Below are the pools you can use and here are the pools with our referral links you can join them using our link to support us ViaBTC, ProHashing, and Binance Pool.

Mining-Dutch

MiningDutch.nl is a multi-coin mining pool from the Netherlands. It supports almost all coins and all algorithms. You can expect any new coin in their pool.

Their interface is quite messy as all coins are available in one place and it is hard to check details.

Mining Dutch allows merged mining which means if you mine Bitcoin Cash using their pool then you will get extra free rewards in TRC, NMC, SYS, XMY, and CHI coins.

  • Pool hash rate: 560 PH/s
  • Active workers: 100 PPS, 6 PPLNS, & 20 SOLO
  • Fees: 1.5% PPS, 1.00% PROP & PPLNS, and 0.50% SOLO
  • Minimum Withdrawal: 1 BCH

Pool.Btc.com

BTC.com was founded in 2015 as a wallet later they launched an open-source mining pool and they are also the first pool that introduced the FPPS payment method. Currently, more than 100K miners are using the platform in different ways.

Pool.btc.com allows you to get free VCash coins while mining Bitcoin Cash with their pool. They also have a hash rate calculator which you can use to estimate your earnings.

Available coins to mine here are Bitcoin, Litecoin, Bitcoin Cash, ETC, ZEC, Dash, DCR, and GRIN.

  • Pool hash rate: 39 PH/s
  • Active workers: FPPS
  • Fees: Vary
  • Minimum Withdrawal: 1 BCH

Also Read: Best KASPA Mining Pool

Also Read: Best Dogecoin Pool

ViaBTC

Without any doubt, ViaBTC is one of the best and biggest Bitcoin Cash pools. You can mine BCH with free SYS as they support merged mining. Not like other pools they do support different payment methods PPS+, PPLNS, and SOLO mining.

ViaBTC is one of the most popular cryptocurrencies initially Bitcoin mining pool service providers later they involved in many more algorithms.

With them, you can mine almost 11 known cryptocurrencies including Bitcoin, Bitcoin Cash, Kaspa, Ethereum, Litecoin, Dash, Ethereum Classic, and more.

  • Pool hash rate: 330 PH/s
  • Active workers:
  • Fees: 4% PPS+, 2% PPLNS, and 1% SOLO
  • Minimum Withdrawal: 1 BCH

AntPool

Antpool is another one of the oldest Bitcoin Mining pools where you can mine all major coins like Bitcoin, Bitcoin Cash, Dash, Litecoin, Zec, HNS, Kadena, and a few more.

You can mine notifications to your app, mail, SMS, and WeChat app. They have easy and to access dashboard but the interface is not simple.

If you are not active on a browser or desktop then you can download their mobile app which is available for iOS and Android devices. They have a fixed payment time which is every day from 08:00-16:00 (UTC+8).

  • Pool hash rate: 330 PH/s
  • Fees: 0% PPLNS, and FPPS 4%
  • Minimum Withdrawal: 0.01 BCH

Zsolo

Zsolo is one of the best mining pool platforms for those miners who love to mine Bitcoin, Bitcoin Cash, Litecoin, eCash, and Doge as SOLO miners.

They have been here since 2017 started with Bitcoin and currently support more coins. It is solely built for SOLO miners.

Pool hash rate: 110 PH/s
Fees: 1% SOLO
Minimum Withdrawal: 0.01 BCH

ProHashing

ProHashing is one of the oldest BCH mining pools but it is for the person who has some experience with mining pools. It was founded in 2013 and to date, they never faced any problems with the platform.

This mining pool allows you to mine BCH and receive payment in other coins like Bitcoin and Litecoin. The blocks get mined on average every 60 seconds and the block reward is around 10010.

There is no withdrawal fee

Active workers: 449 Workers
Payment methods: PPLNS, FPPS, & SOLO
Fees: 1.99% PPLNS & SOLO and 3.99% PPS
Minimum Withdrawal: 0.000008 BCH

Binance Pool

Binance Pool supports mining for Bitcoin, Bitcoin Cash, Zcash, Litecoin, ETC, Raven, Dash, and ETHW. There are very less number of Bitcoin Cash miners mining on Binance as of now there are 230 miners.

This pool is best for those who want to withdraw their mined money directly in exchange or those who want to trade instantly.

Payout to your address is daily between 02:00 to 10:00 UTC daily. The current pool hash rate is 12.17 Ph/s

Active workers: 230 Workers
Payment methods: FPPS
Fees: 4.00%

F2Pool

F2Pool was launched as a private pool but later it opened itself to the public and currently it is one of the top cryptocurrency mining pools.

F2Pool is a place where miners love to mine their favorite coins. It supports more than 10 coins including Btc, Ltc, Zec, Etc, Sc, Dash, Zen, Bch, and ZIL. With Strong STU-U1++ ASIC, you can generate daily revenue of around $4.75.

Pool hash rate: 162 PH/s
Payment methods: PPS
Fees: 3.00%
Minimum Withdrawal: 0.01 BCH

Poolin

Poolin allows you to mine anonymously or by registering on the platform then choose Poolin. They have a built-in calculator that can help you count your profit and they also provide a list of trusted ASIC sellers.

It might be the best Bitcoin Cash pool but their high fee pushes them a bit back.

Pool hash rate: 83 PH/s
Payment methods: PPS
Fees: 4.00%
Minimum Withdrawal: 0.01 BCH
Active workers: 1793 Workers

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Bitcoin MiningCryptocurrencyMining

Download NanoMiner: Legit & Official Source To Download

by cryptocreed
written by cryptocreed

Want to download NanoMiner? Don’t know where to download it? Many sites claim to be official miner websites, but we know that not all sites are legit or official.

Fake websites do share phishing links and their software might contain viruses or malware which can steal your personal information including your wallet’s private keys.

Before going to check how to download and from where to download NanoMiner it is important to know more about Nanominer, like what is Nanominer and everything else about NanoMiner.

About NanoMiner

NanoMiner was developed and released by the Nanopool team, NanoPool is one of the most popular mining pools since 2017. The NanoMiner was first announced in late 2018 on the BitcoinTalk forum.

It is used to mine different cryptocurrencies based on KawPow, Etchash, Ethash, RandomX, ERGO, Verushash, Ubqhash, Octopus, and Cuckaroo30 algorithms.

Why You Should Use NanoMiner?

There are many reasons why one should use NanoMiner, let’s check out each of the major reasons behind NanoMiner’s success.

If you are an AMD miner then you are free to use on AMD or if you are a Nvidia miner then they are able to serve with that as well. Not suggested but they have CPU miners as well.

Also Read: List of Best Crypto Grants

Also Read: Best Velas Wallet

It allows you to mine different mining at the same time, you can use nanominer to mine RandomX on CPU, or Ethereum, ravencoin, ETC, Conflux, monero, etc on GPUs without losing your performance.

They have high KawPow on AMD, and they have added the best implementation of the KawPow algorithm for 3+ GB AMD GPUs with the lowest possible CPU usage.

It has in-built overclock coreClocks and memClocks for Nvidia cards on Windows. You will get stats like GPU temperature, power consumption, average hash rate, and more.

Nano Miner’s Fee

Yes, there is a fee on Nanominer, and it’s worth of because of their valuable software. The fee is taken off from your mining every 2 hours of runtime.

There are three different layers of fees disclosed by the team on the forum.  The CPU users will have to pay 3% for RandomHash, if you are using on Cuckaroo29 algorithm then the fee will be 2%, and at last, the common miners like Ethash, Ubqhas, and CryptoNight algorithms will have to pay a 1% fee only.

Download NanoMiner

First of all, you should use official websites or sources only to download any software or miners.

Official links of nanominers are as follows.

You can download for Windows x64 or for Linux from their website or Github.

There are some sites claiming or seem like official websites but they are not. Some of these websites are https://nanominer.info. This website is might be a scam or may contain malware, use it at your own risk.

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Bitcoin MiningMining

Bitmain Antminer S9 Review: Bitcoin Mining is Profitable With Antminer S9?

by cryptocreed
written by cryptocreed

Mining Bitcoin is what most crypto lovers like to do. Mining was the easiest way to earn Bitcoin before 2014 – 15 but since days are passing mining difficulty is also increased.

It was possible to mine Bitcoin or any other cryptocurrency using your Computer but since difficulties are raising you need to mine Bitcoin using hardware (ASIC mining).

Making a profit from bitcoin mining is dependent on various factors. The factors like Electricity cost, Government Laws, Place, Weather, and much more.

This post is going a bit longer as we are going to talk about bitcoin mining with Antminer S9 in step by step.

Bitcoin Price

The Bitcoin price is really unpredictable, all those so-called investors, influencers, entrepreneurs, and experts are saying that the price of bitcoin will reach $100,000 per Bitcoin or it will go deep down to $1000 per BTC are just trying to manipulate the market.

For the last 5 years, I saw many coins and I actually feel that the price of Bitcoin or any other cryptocurrency depends on the project, government (country), team efforts (not in the case of bitcoin, everyone is a team member), and big economy disaster.

The current rate of Bitcoin is $9210. I have added a bitcoin price tracker widget on the right side of this page.

You can check the Bitcoin price here.

About Bitmain Company

Bitmain is a Beijing, China-based semiconductor company. Their official name is “Bitmain Technology Holding Company”. It was founded in the year 2013 and since it opened its centers in countries like Singapore, Hong Kong, and the USA.

About Bitmain Antminer S9

Bitmain Antminer S9 is considered one of the best and finest bitcoin mining hardware in the market.
[easy-pricing-table id=”14963″]

Bitmain Antminer s9 price

Currently, there is no S9 hardware in stock on Bitmain’s official site. And even if it is available on the official site, I recommend purchasing from sites like Amazon or eBay. Because you get the same thing at a low cost and easily.

On Amazon, you can purchase Antminer S9 for 700 to 900 USD plus shipping and custom charge. So the total cost will be around 900$ to 1200$. Still, this is not the total cost because you need some more components to run S9. You will get to know about that later in this post.

Must read reviews before purchasing any product.

Bitmain Antminer s9  Power Consumption

Electricity cost is the main problem for miners but if you are Chinese (yeah you are living in China) then electricity cost may not harm you. S9 is suitable with less power consumption.

The power consumption of S9 is 1375watt (between 1300 to 1400W) and uses 0.1 Joules per Gigahash. It is said that Antminer S9 is 2.5x more productive than Antminer S7.

16NM Chip (Nanometer Technology)

16nm fabrication is used in the manufacturing of Antminer S9. This chip is the upgraded version of the 28 nm design. The more semiconductors are getting small the more efficiently it is getting used in S9. It helps in decreasing the consumption of electricity.

Noise and Cooling

S9 is very noisy. It is always recommended to put your S9 in a separate place. If you are planning to set up your hardware at your home then you are not going to get sleep any day, unless you got a big house.

You might use a Vaccum Cleaner? If yes then you can feel S9s noise, it is an equivalent of a vacuum cleaner.

Not only noisy it is also very hot. It is always recommended to put your hardware in the coolest place you can.

90-Day Warranty

This warranty is only valid for users who purchased from the official site. If you are purchasing from Amazon then you should check reviews and contact the seller in case you have any doubt.

Bitmain Antminer s9 Profitability

This hardware has a hash power of 13 TH/s to 14 TH/s. Some say that it is 14 TH/s and some say it is 13 TH/s. In TH/s, T stands for Terahash and S stands for Second.

Bitcoin Bitmain Antminer s9 profitability depends on various factors.

You can check profitability on the Bitmain Antminer s9 profit calculator here.

Extra Component You Need To Purchase

Power Supply Unit (PSU)

You can’t just run Antminer S9 by plugging in. You must need to have a Power Supply Unit or PSU. Which may cost you another 150$ to 350$.

The recommended PSU device is Bgears b-Powerminer APW3 PSU which is 2400W,10 x PCIe 6+2 Pin connectors Extended Cable 5 Sets in 600mm 5 Sets in 750mm.

You can purchase Bgears b-PowerMiner from Amazon or Corsair VS550 from Amazon.

Bitmain Antminer s9 vs s9i

[easy-pricing-table id=”14959″]

 

Tags:bitmain antminer s9 14th/s, bitmain antminer s9 price in india, bitmain antminer s9 review, bitmain antminer s9 price, bitmain’s antminer s9 mining machines, bitmain antminer s9 litecoin, bitmain antminer s9 support

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Bitcoin Mining

Minergate Review: The Best Pool to Mine a Cryptocurrency

by cryptocreed
written by cryptocreed

Mining Bitcoin and different cryptographic forms of money can be perplexing, and it’s commonly left to the nerds who comprehend what they’re doing. A few organizations are, be that as it may, bringing cryptographic money mining to the normal client. In this audit, you’ll get some answers concerning how functions, what its fundamental highlights are, and what clients think about their mining programming.

While being anything but difficult to utilize, it is by all accounts very wasteful as far as gainfulness when not working on devoted mining equipment. Furthermore, popular supposition with respect to the organization is uncertain.

 

What Is MinerGate?

MinerGate is an open mining pool where individuals utilize their PCs to add hashing capacity to that of thousands of different excavators. The UI is straightforwardly downloadable and permits individuals to rapidly begin mining Ethereum, and a determination of different altcoins. It causes clients to separate the standard complexities found in mining to a basic “download and run” process.

It permits anybody to snatch their program and run it on their PC. A huge, ground-breaking machine can, obviously, include more force, however considerably littler, novice diggers can utilize an ordinary PC or PC.

It sounds incredible, however as a general rule, the more vulnerable your gadget, the less you can acquire. The normal PC will place somewhat more starch in your jeans, and it can make it amusing to get included, however, returns will at present be insignificant. It likewise relies a ton upon the coin you mine. Also, it has a versatile application that encourages you to deal with the mining forms remotely.

The versatile application is a control application through which you can screen your gadgets. It shows you the parities and you can get pop-up messages about the mining procedure. Note, it is absurd to expect to mine cryptographic forms of money with a cell phone. While this is snappy and easy to use, there are intricate calculations running out of sight.

In only a couple of snaps, it misuses the most extreme ability of your equipment, in light of the amount you need to commit to the procedure. The MinerGate group will compensate you depending on what amount of hashing you are submitting. You can give your PC something to do while you aren’t utilizing the equipment.

 

Is MinerGate trustworthy?

If you look at the MinerGate review, then the incredible news is that you can download the app and begin mining within five minutes. However, you have no specialized understanding or simply need to attempt it for the sake of entertainment. The UI is anything but difficult to continue ahead with. Everything conveniently spreads out, and it conceals the entirety of the entangled hodgepodge related to digital money mining.  One rather huge issue identifies with the capacity to get to one’s assets.

In the event that withdrawals were an issue, at that point perhaps this has been fixed. The jury is still out. Although nothing can hurt an organization in excess of terrible notoriety. It appears that it hasn’t demonstrated itself enough to be a solid wellspring of salary.

 

MinerGate Aleternative

We already published an article where we mentioned some best Ethereum mining pools and some best Bitcoin mining pools.

BTC.com: This mining pool covers 18% of the total mining pool. It is owned by Bitmain who is the owner of AntPool. BTC.com charges a 1.5% fee which works on the PPS model. The site uses Cloudflare to avoid DDoS attacks.

AntPool: Antpool is managed from China and it operates by Bitmain. Antpool offers PPLNS(0%) and PPS (2.5%) models. The fee is not disclosed by Antpool. There is no minimum payout but users at least must have 0.001 BTC and payment proceed daily.

 

Conclusion: Minergate is the best altcoin mining pool for newbies. You can easily download minergate from their website and can use very easily. If you liked this Minergate Review then do not forget to share it.

 

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BitcoinBitcoin Mining

WhatToMine-Your Cryptocurrency Mining Helper

by cryptocreed
written by cryptocreed

Bitcoin, ever since its inception in 2009, has changed the way transactions take place globally. It has brought about a revolutionary change in the market by making transactions much faster than traditional methods of payment, like credit cards. whattomine.

Where a credit card transaction takes two to three days to process, bitcoin transactions take only minutes to get approved. Cryptocurrency transactions are independent and decentralized, which makes it very easy to get approval for such transactions.

 

How Does It Work

WhatToMine.com is a website dealing with cryptocurrency mining. One might wonder, what does cryptocurrency mining mean. Cryptocurrency platforms operate on a peer to peer, model, meaning that they are not governed by any government. Hence cryptocurrency is not actually minted like regular currency is minted by a country’s government.

 

So, a cryptocurrency needs to be generated or ‘mined’ by running specialized software on the computer, which solves math problems or algorithms. The more problems that the computer solves, the more cryptocurrency one can mine. Computers use their processing power to solve these algorithms. The higher the processing power, the higher number of currencies you can mine.

WhatToMine is said to be a miner’s best friend. WhatToMine was launched in April 2014, by a BitcoinTalk.org user named Fredeq. Following is a WhatToMine review.

WhatToMine combines a lot of different data to give you information regarding which cryptocurrency to mine to get the best profits based on current rates.

 

How To Use

How to use: The website is very simple to use. You do not even need to scan your system.

  • Just enter the GPUs you have and WhatToMine will show you the card hash rates.
  • You also need to enter your cost of electricity, but if you don’t know it the WhatToMine website will consider an average cost.
  • Once all of this is done, WhatToMine will tell you exactly as its name suggests, What currency To Mine to get the most profits.

Along with telling you which currency is the most profitable for you, it will also show you how much revenue you will earn and your margin on it, based on electricity consumption and its cost. Other features of the website include sorting the cryptocurrencies on the basis of difficulty, NetHash, current revenue, exchange volume, market capital, and profitability.

Mining Profit Calculators

The WhatToMine website features numerous cryptocurrencies, including large-cap and small-cap coins. This wide variety of coins helps the user to efficiently choose the currency that will make him the most profitable. Because it is fully automated, the user does not have to spend hours trying to figure which currency to mine because What to mine can tell the user the results within seconds. It is very convenient to use because it does not require too much data to calculate which currency is the most profitable.

WhatToMine is a very helpful website for miners. It saves the miners’ time and energy by telling them exactly which currency to mine, based on your mining rig. All you have to do is enter your GPU, the number of units you currently have, and the cost of electricity. WhatToMine runs the data and tells you exactly which cryptocurrency is the best for you.

 

Tags: nine now, what to mine monero, calculator, whattomine cpu, zencash, antminer s9, alternative, whattomine btc, sha256, bitcoin cash, com calculators, cpu mining, what to mine CPU.

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Bitcoin Mining

Best Bitcoin Cloud Mining Review

by cryptocreed
written by cryptocreed

Cloud Mining is an alternative to ASIC Mining. There are countries where Mining is not allowed or it’s not profitable. Electricity charges and the cost of hardware are much high that everyone can’t afford to mine, instead of mining bitcoin at home they purchase cloud mining which is very easy and simple.

Bitcoin mining is only profitable when you have more than 5-10 GPUs and it cost much more. Cloud mining means you are using someone’s hardware. For example, there is a company that has a mining farm and they allow the public to purchase hash/part of the output. Users get profit from time to time and firms get funds at once. The benefit for users is that users can earn Bitcoin more than what they expected or estimated, the price of Bitcoin also matters in such conditions.

Bitcoin mining calculator, helps you to know the output of your bitcoin mining. Cryptocompare and whattomine are the two best mining calculators.

In my opinion, if you are from countries where mining is not profitable then start mining using cloud mining. Below we reviewed some best cloud mining sites.

The thing which you need to care about is not joining any scam site. There are already many scam cloud mining sites and phishing sites.

Reviews of Best Bitcoin Cloud Mining Site 

1. HashFrog (Recommended)

HashFrog is a new but trusted Bitcoin cloud mining platform that supports coins like Bitcoin, Kadena, Litecoin, Dogecoin, and a few others. To prove their trust they have partnered with companies like BitMain and AntPool.

If you are a newbie then you might be facing any issues or have questions related to their platform. Then the good thing is that they offer 24/7 chat support.

You can deposit or buy a cloud pool worth $5000 without KYC verification. There are withdrawal limits as well for non-KYC verified withdrawals. Minimum cloud mining starts at $10.98 for 3 days plan.

2. Genesis-mining

Genesis Mining is one of the oldest Bitcoin cloud mining companies or sites. The company is based in Hong Kong but the founders are from Germany. 7 coins available to mine are Bitcoin, LTC, Dash, ETH, Zcash, XMR, and Monero Classic.

Use promo code: KeRypm to get 3% off!

Get your Bitcoin Hardware wallet: best bitcoin hardware wallet

3. Honey Miner

Honey Miner is a new company but they seem a trusted one. You can find details regarding their team on their about us page.

You can choose your hash power, 25 MH/S, 250 MH/S, or 2500 MH/S. Anyone can start from 66$ to 23600$. Check rates here.

4. Hash Flare (Not recommended) (Closed)

HashFlare is founded in the year 2015. The main con is they don’t have an about us page on their site, but when I previously check about a year ago they have that about us page. The Hashflare company is registered in France.

There is much criticism against this company regarding profitability and reviews, many users say that they have fake reviews.

Conclusion: In many cases, Bitcoin mining either hardware or cloud mining, both are not safe and easy. There are more chances to lose. Instead of starting Bitcoin mining, buy Bitcoin.

Conclusion: Hence there is nothing Bitcoin cloud mining free things. Cloud mining Bitcoin or any other coins is only profitable if you invest big amounts. Bitcoin cloud mining payment proof is available on Google but no one will personally share if they want you to join under you.

Tags: Bitcoin cloud mining free trial, bitcoin cloud mining Reddit

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Bitcoin Mining

Bitcoin Mining Pool Payment Methods (How Mining Pool Pays)

by cryptocreed
written by cryptocreed

There are different methods in Bitcoin Mining Pools through which users can get their rewards. Out of them PPS and DGM are considered as best Payment methods. Each method satisfies each group of miners. Some prefer PPS and some prefer PPLNS and more on. Read this post before joining any mining pool and always check which payment methods are used by pools.

Must get your Hardware Wallet first. Mining pool payment methods.

PPS: PPS stands for Bitcoin mining pool Pay Per Share. PPS means miners get paid for each share, it is like giving instant wage to labor. A payout can ask instantly.

PPLNS: PPLNS stands for Pay Per Last N Shares. Here N means for some numbers. PPLNS explained in brief here.

DGM: The DGM stands for Double Geometric Method. In these methods, operators get a portion of payouts to absorb risk.

PROP: PROPORTIONAL means standing to PROP. PROP enables the proportional distribution of payouts when a block is found.

CPPSRB: This method never kept miner’s funds, as they pay directly to miners from the founded block. CPPSRB stands for Capped Pay Per Share with Recent Backpay.

SMPPS: Shared Maximum Pay Per Share is stood for SMPPS. It has a similar concept to PPS but in this method mining pool never pays more than the pools had earned.

ESMPPS: Equalized Shared Maximum Pay Per Share is stood for ESMPPS. As you can see only one extra word that got added is Equalized in comparison to SMPPS. In this, the pool pays equally between all miners.

POT: The Pay on Target. POT approaches is a high variance PPS that pays out in accordance with the difficulty of work returned to the pool by a miner, rather than the difficulty of work done by the pool itself.

There are few more Bitcoin Mining Pools Payment Methods which didn’t mention here for now.

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Bitcoin Mining

Top 10 Free Bitcoin Mining Pool With Best Payout Rates

by cryptocreed
written by cryptocreed

Bitcoin mining is not that much easy as it was before 2015. Because of block size, it makes mining harder. Miners always prefer the mining pool to solo mining. More miners in the pool more chance of mining Coins. Chinese mining pool mostly covers 50% of the whole mining pool industry.

Also read: Best Bitcoin wallet

Top Bitcoin Mining Pool

BTC.com: This mining pool covers 18% of the total mining pool. It is owned by Bitmain who is the owner of AntPool. BTC.com charges a 1.5% fee which works on the PPS model. The site uses Cloudflare to avoid DDoS attacks. The site is mostly famous because of its transparency. BTC.com is managed in China.

AntPool: Antpool is managed from China and it operates by Bitmain. Antpool offers PPLNS(0%) and PPS (2.5%) models. The fee is not disclosed by Antpool. There is no minimum payout but users at least must have 0.001 BTC and payment proceed daily. Antpool offers 2fA, wallet locks, and email alerts for security measures.

F2Pool: F2Pool covers almost 10% of the whole mining industry. F2Pool is based in China. It was launched in 2013. Payouts made daily with fees of 4% on the PPS reward system. Users are not allowed to change their email address after registration. The minimum payout is 0.001 BTC.

Slush: SlushPool is covering 9% of the market share. Slush Pool is the first Bitcoin mining pool that launched in the year 2010. Slushpool is run by Satoshi Labs. The fee is 2%. The minimum balance required to withdraw is 0.0002 BTC.

Slush Pool uses 2FA, wallet address lock along with read-only login token for security.

BTC.top: Operates from China. This is the private mining pool hence you can’t join.

Above are some best and safest Bitcoin mining. There are more on the internet but amongst them, this is the oldest with trust Bitcoin Mining Pool.

How To Join Bitcoin Mining Pool?

To join the bitcoin mining pool you just need to install and connect the mining pool. 

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