Ethpool is the first international Ethereum mining pool. During all this time, different things happened to him - there were periods when he stopped his activities and limited registration for new users. Despite temporary declines, it managed to survive in the market and retain most of its audience. Now this solo pool occupies a decent position and its share is 25% of the total amount of Ether mined.
Ethpool Review
The Ethtool pool allows users to mine Ether in solo mode. To do this, you do not need to download the blockchain or launch a node.
Thanks to an advanced algorithm, Ethpool combines two functions:
- Coin mining, like a standard pool;
- And receiving rewards, as with single mining.
The principle of operation of this mechanism is as follows: the miner who spends the most power in a round receives the largest reward. Therefore, to get a decent payout, you need to spend a lot of time (the exact amount depends on the performance of the devices), but in the end the payout to a diligent miner will be equal to the value of the entire block.
Due to sharp jumps in Ethereum prices, such an algorithm shows poor results for clients, but, judging by the statements of the developers, they are not going to deviate from the stated principle.
In the latest additions, full support for stratum was introduced, which took the place of the getwork protocol traditional for ethminer devices. This determined the main feature of the pool - qtminer - a personal development of Ethpool. This is a special miner fork that is used for mining only in this pool.
2Miners
2Miners is one of the youngest mining pools, launched in 2017. It is designed from the ground up and strives to provide complete transparency. 2Miners stands out for its thoughtful, detailed interface, support for mining popular coins Ethereum, Ethereum Classic, Bitcoin Gold, Zcash and others, as well as absolute openness. Each participant can view all statistical data and transaction reports at any time.
2Miners data centers are located in Europe and Asia, and the connected Telegram bot informs users about mined blocks. You can set up your hardware and start mining in seconds using the Quick Start feature.
The pool offers two payment systems: PPLNS and SOLO. The standard mining fee is 1%.
Pool Features
The appearance and functionality of the command lines for the two types of miners are practically no different. The necessary commands are configured through the operating system binary file – HELP.txt. Both miners support cryptocurrency mining on equipment from AMD and Nvidia.
The miner's performance is practically the same, but many users noted that AMD GPUs show much better performance than Nvidia.
The high efficiency of the improved protocol is ensured by the signing system of balls, which increases the productivity of the stratum.
Also, the new miner fork includes vardiff , which means that when the user independently selects the hashrate, the difficulty is automatically selected. Therefore, when using a pool, it is important to choose the optimal hashrate for productive mining.
Also, production efficiency can be increased by using a continuous stratum connection to data centers. From this we can conclude that using qtminer instead of the getwork protocol, the system shows better results and mines more coins in the same period of time.
Ethereum mining profitability calculator
You can verify the efficiency of cryptocurrency mining using the Ethereum mining calculator. This online tool is very easy to use, and the results obtained will tell you what the profit will be on a particular hashrate and whether mining is advisable in this case. The user is required to provide data and make a calculation - the system will show the result in which it will evaluate the feasibility of mining in cryptocurrencies and dollars.
Automatically, in real time, such services track Ethereum quotes, the time required to solve a block and other important parameters. The Internet is full of services where you can calculate the profitability of your Ethereum mining.
Ethereum profitability calculator.
Source of material: mining-cryptocurrency.ru
Did you like the material? Share with your friends.
Mining farm: what is it in simple words
Comparison of video cards for mining 2018
How to start mining
You can mine on Ethpool in two ways: using the modern Stratum protocol and also the qtminer miner program with vardiff , or the classic way through the getwork algorithm and the traditional version of ethminer. However, the pool itself recommends installing the first option in the settings.
Settings for Windows
Mining using stratum is supported by two operating systems: Windows and Ubuntu. For the first OS, the algorithm of actions is as follows:
- Download the installation zip archive from the official website ethpool.org.
- Unpacking the archive.
- Launch the miner using the command exe –u. –G.
Settings for Ubuntu
For the second OS the instructions are as follows:
- Downloading the miner (the installation archive depends on the OS version - tgz for 14.04 and qtminer_1504.tgz, respectively, for 15.04).
- Unpacking the tar zxvf qtminer.tgz archive.
- Then the sh script needs to be made executable using chmod +x qtminer.sh.
- To start mining, start the miner with the command ./qtminer.sh –u. –G.
In the case of the second, traditional option, installation of ethminer c++ eth is required. The program is launched by command F with a dot at the beginning of the following address: https://ethpool.org/miner/<account>/<hashrate> , where account is the number of the Ethereum wallet, and hashrate is the power level based on which it will be iron is involved and balls are given out.
Another error is associated with a long search for the ball (2 minutes or more) and to solve this problem it is necessary to reduce the hashrate value, and, accordingly, the complexity. If you cannot do this yourself, and the system displays the error “JSON-RPC Problem”, then you should increase value in the corresponding column –farm-recheck.
Address to connect to the pool
| Asia | Europe | USA | |
| Server | asia1.ethpool.org | eu1.ethpool.org | us1.ethpool.org |
| Port | 3333 | ||
| Login | Your Ethereum Wallet | ||
| Password | your password | ||
Nanopool
The largest resource for mining ether and some other cryptocurrencies. Today, it employs about 50 thousand miners, providing a total productivity of 17-18 THash/sec. and generating up to 800 new blocks daily.
Commissions and withdrawal thresholds are approximately the same as in other pools (from 0.1 ETH daily).
The successes of network participants can be tracked in the Statistics and Blocks sections. Using the table presented, beginners can calculate their expected income based on the power of the computer.
Commission and payments
The pool commission is considered one of the lowest among competitors, and is equal to 1.5% of the reward received by the user. Another useful feature that has a positive effect on earnings is the varfree system, which removes a commission only if suitable balls are mined. The financial benefits of this are obvious. For example, if a miner mined 20 balls, but 3 of them turned out to be unusable, then the commission is charged for 17 good balls, and not for 20.
There are also flexible commission conditions, where a percentage is withdrawn depending on work efficiency. With 97% productivity, the amount of contributions to the pool is reduced to 0.75%, and with 100% efficiency, the client gets rid of any commission costs. Only the last 16 blocks are taken into account in the calculation of efficiency.
Payment requests are processed every 10 minutes. Their minimum size is 0.05 ETH, but this threshold can be changed in Settings yourself. Payments from the official website take place automatically after 10 confirmations have been made on the Ethereum blockchain.
DwarfPool
DwarfPool is designed to mine both ETH and other coins including Monero, Zcash and EXPANSE. The pool uses RBPPS or HBPPS systems to distribute rewards and an automated payout process. In the first case, miners receive payment for the accepted share, in the second - every hour after calculating all the blocks and shares found.
Among the advantages of DwarfPool, users highlight low commission fees of 1% and an advanced open source mining engine that provides complete transparency and detailed statistics for each account. In addition, in order to mine ETH on DwarfPool it is not necessary to go through the registration process.
The pool guarantees absolute anonymity, no transaction fees or hidden payments, as well as excellent protection against hacker attacks. Thanks to an extensive network of dedicated servers, you can choose the closest one as your primary server and use the others as backups.
Mobile app
To control the mining process, you can also use a special mobile application for Android. It's called Ethpool Stats and is available for download on the Play Market.
Mobile tools make it possible to monitor:
- Financial information about loans, workers, as well as current data on the number of shares;
- Statistics of mining results in different time frames: per hour, day, week or month;
- Payment status and history;
- Current hashrate.
MiningPoolHub
MiningPoolHub is one of the best multi-currency pools in the world, allowing you to mine over 30 different digital assets. MiningPoolHub servers are located in Europe, Asia and North America. They are all redundant, so you don't need to make any backups.
The mining process takes place using specially developed software that allows you to mine several coins of the same algorithm simultaneously. You can set the automatic conversion feature to instantly exchange mined cryptocurrencies. In addition, it is possible to switch mining to the algorithm that is most profitable in a certain period of time.
Rewards on MiningPoolHub are calculated in two stages. First, the tokens are verified by the system, and only after successful validation the amount becomes available for withdrawal. The pool uses the PPLNS payment system with a commission fee of 0.9%. Manual and automatic withdrawal of funds to Normal Wallet and Auto Exchange Wallet is provided.
Reviews
Not all users liked the new mechanism and protocol. They create a certain gap between mining capabilities, because they are suitable only for owners of productive equipment - mini-farms with more than 3 video cards. But for more modest devices, this approach to mining will be ineffective.
Despite such misunderstandings, Ethpool remains a stable and reliable mining pool, and due to recent developments in integration with Ethermine, it may become the largest project with a mass share of 25%.
Content
- general information
- Mining Features
- Setting up mining Ethpool Stratum and qtminer
- Getwork and ethminer
Ethpool is the first mining pool for mining ETH coins. Various situations have happened in its history: it suspended work for a while and did not allow new users to register. But, nevertheless, he was able to stay on the market and maintain his position. Now this is a solo mining pool, the share of which (together with Ethermine) is almost 25% of all Ethereum coin production.
DwartPool
The popular service DwartPool actively cooperates with Ethereum. The productivity of ETH miners in the pool is 6.25 THash/sec, the number of block calculations per day is up to 250.
You can start working in DwartPool without registration. You only need wallet details and software for mining ether. Payment calculation methods (RBPPS and HBPPS) are beneficial even for beginners with little computer power.
An important advantage of the resource is round-the-clock Russian-language technical support. The conditions are usual: 1% commission, no additional fee for withdrawal. Payments are automatically made every 10 minutes, the withdrawal threshold is 0.01 ETH. The pool is recommended for miners working with multiple digital assets.
