Review on AntPool by Praise Olagbadun
Antpool
Bitmain has invested so much in a project by developing more efficient Bitcoin pool especially P2P and thus project is what we know as
AntPool is run and managed by Bitmain Tech Limited which is located in China, in the Asian part of the world. Antpool supports and can be used to mine 10 different cryptocurrencies namely: BTC/BCH, LTC, ETH, ETC, DASH, Z-CASH, SC, XMC and BTM.
Antpool happens to be the most advanced Bitcoin mining pool in the world and has gained it's popularity by this title.
To mine using Antpool, one would have to log in the background system of miners and fill up all requirements like His Bitcoin address and Worker's ID. This process is considered easy and straightforward
Antpool is an open access mining pool that offers an app that monitors the hash rate of users' miners in real time, supports multi coin mining and shared account management for convenience, it works on both PPLNS and PPS+ and with AntPool, payments can be made only once in a day if one teaches a minimum of 0.001BTC.
It also has a high level of security and commissions are low, it also has the reputation of transparency in it's transactions
Pros
- Has a high level of security
- One can choose between PPLNS and PPS+
- Supports 10 cryptocurrencies
- Supports fiat currencies
- There is transparency in all the transactions made
- Supported by Bitmain
Cons
- Mining can be done once in a day only
