Antpool bitcoin mining
TNW uses cookies to personalize content and ads to make our site easier for you to use. In an announcement made last Friday, Antpool informed its users it recently began burning 12 percent of all BCH mining rewards. Solely out of the generosity of their heart and as a gratitude towards the investors who have been HODLing BCH — or so they are saying.
Antpool explains on its website:. While having active users spending BCH is very antpool bitcoin mining for the ecosystem, having investors who hold BCH is also a fundamental requirement for maintaining a strong economy. We believe that they too should profit from the growth of BCH by antpool bitcoin mining continued stake in the Bitcoin Cash ecosystem. The transaction fees earned by miners are an important growth indicator of the BCH ecosystem, and if a portion of the fees are burnt, it is effectively miners sharing revenue with the entire BCH network.
Outside of the BCH community, the efforts are being seen as an unjust attempt at manipulating the antpool bitcoin mining. This is not the first time that Bitmain is being accused of unfairly using its influence to temper with the market.
Bitmain was involved in another controversy last month, when it became clear that its upcoming Antminer X3 ASIC mining rig specifically designed for privacy-oriented like Monero and Bytecoin might be useless by the time it starts shipping. Indeed, a few weeks later Monero tweaked its Proof-of-Work protocol, effectively antpool bitcoin mining the machines unsuitable for XMR antpool bitcoin mining. That said, the miners should still be compatible with other CryptoNight-based coins that is unless they update their hashing algorithms too.
The attempts of Antpool to manipulate the market in this way are not be taken lightly. They highlight an important shortcoming of blockchain technology that has been a cause of worry since the beginning antpool bitcoin mining cryptocurrencies. While blockchain tech was designed to resist centralization and put control back into the hands of the masses, decentralized networks can still be dominated by large industry players that control the majority antpool bitcoin mining rate.
Published April 24, — April 24, — Antpool explains on its website: The efforts of Antpool appear to have made a positive impact on the BCH market. Neer Varshney April 24, —
Enter your User ID and password for Bitmain. Click the "Bitcoin"at the upper left of the page. Go to the Settings tab and add a Sub-Account via the button on the right. Sub-account must contain only the letters or numbers. Click Miner Configuration, you can fill in antpool bitcoin mining groups of mining pool. If antpool bitcoin mining first group is dead, then, it will automatically pointed to the second group.
You could fill first 2 groups with Antpool, the third one with BTC. The miner order will be sorted by the miner name. Click the user name on the top right and choose create sub-account: There is network delay when users connecting miners to different nodes in different area. Selecting the nearest nodes can provide the most stable connection. Type the IP address of miners into the address bar with a web browser antpool bitcoin mining the local area network. The default account is: The confirmation of TX takes time on Bitcoin Network.
The time could be 1 minute or up to 2 hours, which depends on the network status. BTC Pool promises that users receive the payment in the shortest antpool bitcoin mining. Sub-account must contain only the letters or numbers 4. Below is the configuration of Antpool: Click the "Sign Up Now " button: Complete the informtaion required antpool bitcoin mining create a new account: Fill the blanks and complete creating antpool bitcoin mining Node Selection There is network delay when users connecting miners to different nodes in different area.
Miner Conection Setting Type the IP address of miners into the address bar with a web browser under the local area network. After signing up on BTC pool, uses can establish multiple sub-accounts for different needs. Click the current sub-account on top right corner: Users can edit every sub-account on this page, such as modifying address and setting alert: Sarah Li - January 16, Please sign in to leave a comment.
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