Set up bitcoin mining farms
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One of the major benefits is certainly the massive hashing power, pointed at your pool by our hashing power buyers.
A great feature for pool operators is also the option to test your pools without having the actual hardware - by simply renting hashing power on NiceHash - and thus making sure your pool is ready for production use with high-volume hashing power.
It is highly recommended for your pool to either auto-detect connections from NiceHash or configuring the dedicated stratum ports for NiceHash connections. Auto-detection can be done by parsing mining. If you are unable to implement auto-detection, you should open the dedicated stratum ports for NiceHash connections and make sure your users will get this information from your FAQs, help, or getting started guides. Keep in mind that setting a sufficient level of difficulty will lower the load on your pool servers and make mining more stable.
Failure on arrival is a common problem among pool operators that are opening a new pool. Experienced pool operators can confirm that testing the pool prior opening is crucial for its long-term efficiency. It is critical that you as a pool operator test the stability of your system, protocols, and software before going live. You need to be sure that your pool is compatible and ready from day one. The best way to test your pool is by buying hashing power on NiceHash.
NiceHash also serves as a backup hashing power provider in case of the pool's sudden downtime or other issues that affect the mining process. In case of downtime, you have to quickly catch up with the pool's luck after recovery and prevent your miners from suffering and migrating to the other, more stable and profitable pool.
This is particularly important for longer downtimes. To prevent the consequences after your pool's downtime, you can buy hashing power on NiceHash to push the total hashing power where it was before the downtime. There are a lot of people who do not own the hardware themselves, but rather invest in renting it or buying hashing power. Pool operators who are serious about growing their pool are highly encouraged to make their pools compatible with the NiceHash marketplace. You as a pool operator are also advised and encouraged to promote the compatibility on your own website, so buyers will know for sure that they are able to point bought hashing power towards your pool.
Take the opportunity to make extra income with your pool. You can find promotional material on the Referrals and Media pages. Make sure your pool is operating with the recommended difficulties, otherwise buying hashing power on your pool will be rejected. The best way for you to follow along with these updates and also automate the adjustments on your pool is to regularly check the API see below.
You're also welcome to visit this page often to stay up to date with the difficulty criteria and other useful information. The pool verificator page is only available for registered NiceHash users. Information and guidelines for third-party pool operators and pool users How can your pool benefit from NiceHash? Configure your pool for optimal compatibility with NiceHash It is highly recommended for your pool to either auto-detect connections from NiceHash or configuring the dedicated stratum ports for NiceHash connections.
Some more tips for pool owners Failure on arrival is a common problem among pool operators that are opening a new pool. Cloud mining on your pool There are a lot of people who do not own the hardware themselves, but rather invest in renting it or buying hashing power.
Boost your earnings Take the opportunity to make extra income with your pool. Pool difficulty criteria Make sure your pool is operating with the recommended difficulties, otherwise buying hashing power on your pool will be rejected.