Review on AntPool by David Olayide
Antpool Mining Pool Option. Yes or No
Antpool is a very large and popular cryptocurrency mining pool that was created in 2014 and is today, responsible for about 12 percent of the bitcoin network hash power. It supports about ten different cryptocurrencies and pays its miners daily. The mining pool in addition offers users, an app that monitors the hash rate, miners in real-time, and supports multi-coin mining.
Antpool hosts multiple earning modes, and these include Pay Per Share (PPS), Pay Per Last N Shares (PPLNS), Pay Per Share Plus Transaction Fee (PPS+) and SOLO. So basically, how much you earn is dependent on the amount of hash power you add to the network, and the earning mode you select for yourself. This is an advantage and is not something you get to experience on all mining pool platforms.
There are also a variety of security options, including two-factor authentication, email alerts, and wallet locks to make your transactions safe from fraudulent activities. If you ask me I would say that since Antpool is backed and supported by a reputable company called Bitmain Technologies that sort of lends a kind of credibility to the mining pool itself. It provides email alerts for all logins, two-factor authentication, and wallet lock as security measures. Ant Pool is based in China, and it has servers in multiple regions in the world, including Europe. Registration is not complicated and you can verify your email and be done in no time.
Pros
- User friendly
- You can choose your own earning mode
- Secure enough
Cons
- Small payouts
- Hidden transaction fees
