Pool fees stand at 2% which is a little higher than some of the other pools out there. If you switch from Slush Pool to another, then try to return, your score will drop significantly to prevent folks from jumping around. This section on mining rewards is particularly helpful as it contains a detailed explanation of how pay-outs are measured by each user's scoring hash rate. The website also has some very useful sections for those who are new to mining. There are also useful extra features, such as advanced remote monitoring, and a mobile app. Slush Pool is quite democratic in that you can register your preferences about the kind of mining you want your devices to perform, for instance: Bitcoin Core strict rules only. While you have the option to set your minimum pay-out threshold to as little as 0.001 BTC, be aware that there are additional fees for any pay-outs under 0.01 BTC. The website itself is flexible as it offers both a simple, and a more advanced interface for experienced miners. The sign-up process proceeds smoothly, and you can create a demo miner in order to familiarize yourself with the dashboard. Currently Slush Pool is a large mining pool with a pool Hash rate of 5.33 Eh/s. It's the oldest currently publicly available, active mining pool, and enjoys an excellent reputation for stability and accuracy. Before you click on any of these websites, please have time to look into this short introduction about zCash below.Slush Pool goes back over a decade to 2010 when it was known as Bitcoin Pooled Mining Server with more than 1.25 million BTC mined to date. If you click any of the websites listed above this will redirect you to our review pages. With hardware mining, you need to think of a lot of factors that come into play, not to mention the effort.Īs always, read more about these websites. With cloud mining, you do not need to think about the upkeep that most people that are mining zCash now has. Best zCash Cloud Mining Websitesīelow is a list of websites that you can look into if you are interested in mining zCash. You can easily mine using your own hardware but it would be much better if you look into zCash cloud mining. But due to the nature of the coin and the feature it has, might be just the reason why it would be the perfect time to mine zCash. ZCash is young, yes, that is correct and the posibility of this coin going south is so huge that you can’t help deny the fact that failing has crossed your mind. The second type of miner would be the one that would hoard the coins and wait for it to rise in value. Would you earn from mining? There are two types of miners, one would be the ones that mine and convert it directly to other crypto currencies like Bitcoin or Ethereum. The best way to position yourself is to mine your own set of coins for future use. With that being said, this crypto can also go places if properly positioned by its creators. First, you need to put in mind that zCash is a new currency that may or may not work in the future. Just like any other crypto currency that you want to mine out there today, the reason for mining zCash would still be the same as them. If you want to get more details, the research paper for Equihash has also been posted online which you can read here. An intensive read about Equihash can be read through this article posted here from Bitcoin Magazine. With this being said, the algorithm relies heavily on RAM requirements making it hard for ASIC developers to go into mining zCash, just like Ethereum before. ZCash uses Equihash as their hashing algorithm. Below this article is a video with a short explanation on what exactly is zCash. The good thing about zCash is that compared to hundreds of altcoins out there today that can be mined through ASICs, zCash was designed so that GPU’s can still shine and be used to mine the crypto currency. ZCash was released way back in October 2016 and the creator of the coin is Zooko Wilcox, a cryptographer. This is a important feature for everything in “grey” areas like online gambling or buying goods on darknet markets.
With this feature, you are able to see how much coins are being moved, with zCash no transactions can be monitored as all the information is encrypted. In Bitcoin, if you know a wallet address you can follow all the transactions happening on that wallet and see where all the transactions are going and coming from. Just like Bitcoin, it uses a decentralized Blockchain but with less transparency between parties involved.
What is zCash? Of course, it is a crypto currency just like Bitcoin but it has features that Bitcoin users might be interested in.
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