Archive for the ‘General Info’ Category

largest-bitcoin-pools-chart

Nowadays Bitcoin is only mined by those who have managed to secure some sort of ASIC mining hardware, because it is pointless to mine BTC with GPU let alone with CPU miners. That is the reason why there are not that many Bitcoin mining pools left and there are a few larger ones that most people are mining in. Below you can see a list of the top Bitcoin mining pools with a short info about each one of them:

GHash.io – 0% mining pool fee, PPLNSG payout system, merged mining NMC/DVC/IXC
Eligius – 0% mining pool fee, CPPSRB payment system, no registration required
BTC Guild – 3% PPLNSG, 7.5% PPS pool fee, merged mining NMC
Discus Fish – Some sort of a large private(?) Chinese pool
Slush – 2% mining pool fee, RBPPS payment system
BitMinter – 1% mining pool fee, PPLNSG payment system

ltcrabbit-mining-pool

LTC Rabbit is an interesting pool for mining scrypt-based crypto coins that does the automatic profitability switching between LTC and a few other crypto currencies for you such as DOGE. What makes this pool different is that it does everything for you automatically and you end up being payed directly in Litecoin and not many different crypto currencies that you need to send back to an exchange and trade them. This pool solves the problem of mining many scrypt cryptos like in Multipool for example, then moving them to an exchange such as Cryptsy, and selling them either automatically or by hand. This method may be a bit more profitable, but is also more time consuming and riskier as the price may drastically change while you wait for your crypto currency to appear on the exchange. LTC Rabbit does everything for you and you end up being paid in LTC directly, regardless of the crypto currency being mined currently, and though this method may be a bit less profitable, it is much easier and safer, especially on the miners that are new and are still getting the hang of things.

LTC Rabbit has a 2% pool fee, and uses PPS (Pay Per Share) payment system with payments being distributed to users every hour respective to the submitted shares by their miners. You get paid for the LTC mining you would normally do in an Litecoin only mining pool plus PPS altcoin bonus on top of your regular earnings, and it all comes in the form on LTC available in your account. The pool has stratum servers in Europe, USA, Asia and Australia, and they are DDoS protected and stable. There is no minimum payout limit, so you can do manual cash out a any time you wish provided that you are ready to pay a 0.002 LTC transaction fee. We have been testing this pool for a while now and are quite satisfied with the results we are getting and it has already replaced our LTC mining pool as a default option instead of having it as a backup. What we would recommend is to give it a try and see if you would also like the ease of use and the profit you get from the pool that is doing everything automatically for you.

For more about the LTC Rabbit Automatic Altcoin Mining Pool with Direct LTC Payout…

crypto-stocks-multipool

Crypto Stocks is an interesting service that allows you to buy and sell stocks for various crypto services and earn dividends on the stocks you own, of course as the name suggests you invest with Bitcoins, Litecoins and other crypto currencies. Multipool, one of the largest automatically switching mining pools based on profitability for alternative crypto currencies just issued 20000 stocks with a launch price of 0.0191 BTC per share on the Crypto Stocks service. Multipool will be paying dividends to shareholders based on the fees collected by the pool from the miners using the service. Aside from Multipool, the service also trades stocks for CoinEx and Cryptsy among other interesting projects. So if you have some spare crypto coins that you want to invest on the long run and earn dividends on them, you might want to check out this service. We on the other hand are not very interested though and recommend to be cautious as a some of the services/projects listed there might not be reliable and even real and true to what they claim to be.

Check out the Crypto Stocks project for some investing opportunities…


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