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How to register a mine pool

How to register a mine pool

A. How to set up A pool  

The low probability of getting a reward after a certain amount of net computing power has prompted some geeks on Bitcointalk to develop a way to build websites by combining small amounts of computing power.  

In this mechanism, regardless of how much computing power individual miners can use, as long as it is through adding mineral pools to participate in mining activities, regardless of whether there is a successful mining block, an effective data are available via the contribution to the mine pool to get a small amount of currency reward, i.e. people dig cooperation, also awarded the currency by many people in accordance with the contribution share.  

As of January 2019, the top five bitcoin mining pools in the world are: BTC.com, Poolin, AntPool, Slush Pool, and F2Pool. Currently, about 70% of the world's computing power is in the hands of Chinese miners.  

(1) How to register a mine pool  

Fees:  

Bitcoin miners will charge a small fee for most transactions. The main goal is to prevent people from flooding the network with frivolous small transactions and wasting resources.  The current fee for each transaction is largely ฿ 0.0001/KB(0.0001 BTC /KB). In fact, versions after 0.9.0 will reduce the default fee to 0.00001/KB(0.00001 BTC /KB).  

Since most transactions take up less than 1 kilobyte of data, a brokerage fee of 0.00001(0.00001 BTC /KB) is generally sufficient.  At the same time, in the future, when bitcoin blocks are less rewarding, fees, which are related to the number of bytes used for the transaction, will be the main source of income for miners.  

The standard for calculating fees in bitcoin is not mandatory, so users can make transactions without fees;  

But most miners tend to prioritize transactions with higher fees when building blocks of data in order to be paid more when they succeed, so transactions without any fees can take longer to be processed and incorporated into the blockchain.  

In addition, due to the 1MB block size cap and the recent surge in bitcoin transactions, fees have increased significantly, and waiting times for transactions to be confirmed are much longer.  

B. How to register an account of Huobi Mine pool  

Login huobi mine pool website: http://pool.huobi.com Click register to operate the account registration.  

C. How to mine (into Bitcoin)  

Step 1: Prepare ore machine and ore pool  

If you want to dig bitcoin, you must prepare professional equipment. At present, there are many professional mining machines on the market for sale, and the mining pool is also essential. When choosing the mining pool, we should compare the output and income gap of each mining pool, and then choose the most suitable one.  

The cost of electricity to mine Bitcoin:  

Mining bitcoin is done through colliers' specific encryption algorithms, so the speed of mining bitcoin depends on the computing power of your computer.  

Since July 2018, the digital coin market has been in a slump.  The price of bitcoin fell from $9,000 to the $6,000 mark in a row.  Down nearly 60% from the $19,000 mark at the start of the year.  Affected by mainstream digital coins such as Bitcoin, the bubble of the entire digital currency market has been gradually broken.  If each mining machine consumes 1000 KWH of electricity per month, 0.35 YUAN per KWH of electricity is calculated.  

Every 100 mining machines need to pay 35,000 yuan of electricity per month, so the miner's monthly profit is only 36,100 yuan, and it will take one year to recover the cost of buying mining machines.  Affected by the downturn, miners' income has also fallen sharply.  Based on bitcoin's 30-day high of $8,376, mining revenue per 100 mining machines fell by about 42,300 yuan.  

Refer to the above content:  

Network - Bitcoin  

D. How to become a VIP of Binan Mine Pool  

Log in to the official website of Binan Mining Pool, click "Operation Service - Key customer email", and send an email.  You can enjoy the relevant rights and interests of binance VIP class according to the average daily calculation value of your personal account in a natural month.  

E. How to bind the mining machine to a 3-coin printing mine pool account  

F. Mobile phone number is micro signal why registered bitmine pool mining pool, such as recording can not be verified ah registered is such as recording can not be verified can tell me the answer   

It could be a problem with the website, you refresh or wait a few days and try again.  

G. How to add mining sub-account in Huobi Mining pool  

After logging in to your account on the web page, click Account Settings - Add a sub-account.  Create a sub-account and set the mining currency.  (Mining account must be unique and cannot be the same as other mining projects)  

H. May I ask whether it is ok for domestic mining pools to register codes and directly mine their litecoin wallets  

According to the current difficulty, about 1.012 litecoins can be mined in a day, which is the average calculation result in the pool. If there is an efficient pool or SOLO, maybe more  

I. How to register LTB account? What is the mine pool  

This list to find a look pleasing to the eye of mine pool, pool points into the mines website, and then GO to https://github.com/litecoin-project/litecoin/wiki/Comparison-of-mining-pools  

J. Spider pool can't be registered  

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