Pool hashrate - The total hashrate of the pool.
Worker number – The total hashrate of the pool.
Payout scheme – The method of payment on the pool.
Payout time – The payout time on the pool.
Min payout – The minimum payout.
24h profitability PPS+ – the approximate profit for 24h.
- Min payout
- 24H profitability PPS+
- Payout schemePPS+
- Payout time05:00 - 13:00 (MSK)
Network hashrate – is the unit of measurement of the computing power for a specified time.
Network difficulty – is a special parameter of Proof-of-Work (PoW) calculation algorithm that affects the time of finding a new unique block (hash).
Algorithm – The rule by which one block is linked to the previous block in cryptocurrency blockchains, the network's consensus mechanism, and the cryptographic hash function used in doing so.
- Network Hashrate
- Network difficulty
- Difficulty change date
Why do miners choose Bitcoin?
Bitcoin (BTC) is the first cryptocurrency ever. It has been around since 2009 and implements blockchain to protect transactions and manage a decentralized network. Bitcoin is the most popular investment coin among miners. In 2023, miners can receive 6.25 BTC for a BTC block found.
Recent publications about mining and cryptocurrencies
How to start mining in 2023
Types of equipment
Mining is a complex technical process. Today you can engage in mining either jointly or independently. Mining requires use of special equipment (ASIC miners, processors and graphics cards). Before start, you need to choose which coins to mine. Today the most popular ones are Bitcoin (BTC), Litecoin (LTC), Dogecoin (DOGE) and Dash. However, these are not equally profitable. Some may require more powerful hardware or more energy. Specialized equipment, such as ASIC miners or graphics cards, will be needed. Each type of equipment has its advantages and disadvantages. They also differ in power, speed and energy efficiency. You will also need a crypto wallet to store and manage coins that you got as a reward. A miner who finds a new block receives a reward in cryptocurrency, which needs to be preserved somewhere. Through the crypto wallet, you may safely store and manage coins and make transactions.
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