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This can maximize your mining earnings. 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 Charges Slush Pool costs 2% of all payouts. This may seem like a great deal but unlike other pools it shares the transaction fees using its miners. At current levels, such amount to 1-2 BTC more per block.

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

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To get LTC mining you will need separate hardware and a separate pool. Bitcoin Mining Pool Taxes Youll need to consult an accountant or attorney in your area. But most probably you'll have to pay income tax on income from mining pools exactly as you want any other type of income.

Bitcoin mining pools are a means for Bitcoin miners to pool their resources together and share 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 this Bitcoin mining pool who present a valid evidence of work their Bitcoin miner solved. Bitcoin mining in pools began when the problem for mining increased to the point where it could take years for slower miners to generate a block.

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The solution for this difficulty was for miners to pool their funds in order that 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.

Should you solo-mine, meaning you do not mine with a Bitcoin mining pool, then you will need to ensure that you are in consensus with the Bitcoin network. The best way is to utilize the official BitCore client.

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

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By way of example, some rogue developers have threatened to release applications that could hard-fork the network that would likely result in tremendous financial damage.

Because of this, it is your duty to make certain that any Bitcoin mining power you lead to a mining pool does not attempt to enforce network consensus rules that you disagree with.

When segwit is triggered, you are going to want to be in a position to mine and relay segwit-style blocks. The following mining applications has been upgraded to support segwit.

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

Segwit is already activated and enforced on testnet, so you could find it useful to test your infrastructure upgrade 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 pick the very popular one, it is better for the health of the network to mine with smaller Homepage pools so as 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 the network hash speed.

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

Antpool: WARNING - Bitmain works Antpool and some consider these to be a malicious actor in the Bitcoin ecosystem due to their AntBleed scandal where they were intentionally including malware within mining equipment they sell. In a corporate communication, Bitmain claimed this was a feature and 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 the first Bitcoin mining pools and has been founded by Luke Dashjr, a Bitcoin Core developer. Nowadays, the pool controls just under 1% of their network hash rate.

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BitMinter: BitMinter, once one of the largest Bitcoin mining pools, now controls less than 1 percent of the network hash rate.

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

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