What bitcoin miner should i use for slush pool
NOTE Due to the current status on the crypto mining market, you can mine on Slush Pool only with ASICs that support SHA-256 and Equihash algorithms. Some of the more popular manufacturers are Bitmain with their Antminers, Innosilicon, Whatsminer, and Canaan.
How do you mine Bitcoin with a slush pool?
Figure out how to connect to Slush Pool by following these steps:
- Get suitable hardware. ✓ Bitcoin can be efficiently mined with: ASIC (SHA-256 algorithm) …
- Sign-up for a Slush Pool account. You can use an existing account if you have one. …
- Configure your mining device. …
- Register your payout address. …
- Check if you are mining.
What can I mine on slush pool?
Currently you can mine Bitcoin and Zcash on Slush Pool. At this time we don’t plan to support other altcoins such as Ethereum (ETH), Monero (XMR), Litecoin (LTC), Dogecoin (DOGE) or others. We believe that Bitcoin is the future and we want to help build that future.
Which Bitcoin mining pool is best?
Comparison of Top Cryptocurrency Mining Pools
| Mining pool | Fees | Our rating |
|---|---|---|
| F2pool | 2.5% | 5/5 |
| Antpool | 0% on PPLNS, 4% on PPS+, | 4.7/5 |
| ViaBTC | 2% on PPLNS, 4% on PPS | 4.6/5 |
| BTC.com | 0.015 | 4.5/5 |
Is slush pool mining legit?
Slush Pool is the oldest and a well respected Bitcoin mining pool. Unfortunately, many scammers use our name to legitimize the investment scam they’re running. Slush Pool will never require payments from our users.
Can you mine with GPU on Slushpool?
Mining with unsuitable hardware will either be unprofitable or will not work at all. While GPU-based miners are capable of mining all coins which can be efficiently mined by graphics cards, this rule does not apply to ASIC miners.
How often does Slushpool payout?
You can choose to receive payouts to your wallet at regularly scheduled time intervals, such as daily, weekly, or monthly. Alternatively, you can choose to receive payouts whenever your account balance reaches a certain threshold, such as 0.1 BTC.
How long does it take to mine 1 Bitcoin?
about 10 minutes
How Long Does It Take to Mine One Bitcoin? In general, it takes about 10 minutes to mine one bitcoin. However, this assumes an ideal hardware and software setup which few users can afford. A more reasonable estimate for most users who have large setups is 30 days to mine a single bitcoin.
Is cloud Bitcoin mining profitable?
Is cloud mining profitable? Yes, it can be. There are upfront costs – you’ll have to pay to rent these miners, and mining pools can also take a cut of your profits. It can be worthwhile, but some analysts think you might be better off just buying bitcoin instead.
How do I start mining with ASIC miner?
Quote from video on Youtube:Make sure that your power supply. Always has enough power capabilities to power your device otherwise you pose a risk to yourself.
How good is Slush Pool?
Slushpool is among the best ones for me, indeed the earnings are a bit less than on other pools but at least they’re loyal to BTC and been there even trough the worse times. I’ll give it a 4/5 – 1 star removed because they can increase the earnings of their miners. Pros: good interface.
Where is Slush Pool located?
Developer of a cryptocurrency mining pool based in Prague, Czech Republic.
How do you mine Dogecoin?
How to start mining doge
- Step 1: Purchase mining hardware. Acquire mining hardware or check if your CPU/GPU is suitable for mining. …
- Step 2: Install software / Update drivers. …
- Step 3: Join a mining pool. …
- Step 4: Connect your devices to the pool. …
- Step 5: Set up a Dogecoin wallet. …
- Step 6: Start mining.
Does Elon Musk own Dogecoin?
Back in July 2021, Tesla CEO Elon Musk confirmed publicly during a conference that he owns a few cryptocurrencies, such as Bitcoin, Ethereum and Dogecoin, but he has repeatedly favoured the latter in interviews and posts on social media.
Which crypto is easiest to mine?
1. Monero (XMR) Monero (XMR) is one of the easiest cryptocurrencies to mine using a home computer. Monero is based on the CryptoNote protocol and utilizes the RandomX hash function to create increasingly complicated mathematical equations.
Can I mine Dogecoin on my phone?
While the most common and fruitful way to dig for the altcoins is with a PC, it is possible to mine Dogecoins from anywhere, using your Android smartphone.
How long does it take to mine 1 Dogecoin?
Answer: A single block of Dogecoin has a 10,000 DOGE reward and takes just a minute to mine.
Is Dogecoin worth mining?
Is dogecoin mining profitable? Well, dogecoin mining can still be profitable, especially thanks to the recent price surge. However, don’t expect to become a millionaire. Having powerful hardware and joining a pool will give you the best possible chance of making a profit from doge mining.