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This will optimize your mining earnings. USA, east shore: 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 charges 2% of all payouts. This may seem like a great deal but unlike other pools it shares the transaction fees with its miners. At current levels, such amount to 1-2 BTC more each cube.

In addition they make the Bitcoin TREZOR hardware wallet and Coinmap.org. Ethereum Mining Pool Many individuals want to use the pools above for Ethereum too. But, the majority of the pools listed above are only for Bitcoin mining. Please visit our post on Ethereum mining pools for more info on ETH specific pools.

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

Bitcoin mining pools are a way for Bitcoin miners to pool their funds 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 this Bitcoin mining pool who present a valid evidence of work that their Bitcoin miner solved. Bitcoin mining in pools began when the problem for mining increased to the point where it might take years for slower miners to generate a block.

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The solution to this difficulty was for miners to pool their resources in order that they could generate cubes faster and therefore obtain a portion of this Bitcoin block reward on a consistent basis, rather than randomly once every couple of decades.

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

If you take part in an Bitcoin mining pool then you will want to ensure that they are engaging in behavior that is in agreement with your philosophy towards Bitcoin.

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

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

When segwit is activated, you will want to be able to mine and relay segwit-style blocks. The following mining software has been upgraded to support segwit.

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Please note that applications that supports the GetBlockTemplate (GBT) RPC has to be updated to support both the BIP9 and BIP145 changes to GBT. All the programs linked previously that support GBT have been upgraded.

Segwit is already activated and enforced on testnet, which means you could find it useful to check your infrastructure upgrade by mining with a little amount of hashrate on testnet. Alternatively, Bitcoin Core 0.13.1s regression test mode (regtest) additionally supports segwit by default.

There are many good Bitcoin mining pools to select from. Even though it's tempting discover here to select the most popular one, it's better for the health of the network to mine with pools in order to avoid potentially harmful concentration of hashing power.

The following pools are Thought to be currently fully validating cubes with Bitcoin Core 0.11 or later:

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BTCC: BTCC is a Bitcoin exchange, wallet, and mining pool situated in China. Its mining pool currently controls around 15% 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% of their network hash rate.

Antpool: WARNING - Bitmain works Antpool and some consider these to be a malicious actor in the Bitcoin ecosystem due to the AntBleed scandal in which 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 remotely shut down equipment of customers or competitors thus increasing their own elevation.

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

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BitMinter: BitMinter, once one of the biggest 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 the network hash speed under wikipedia reference its control.

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