Review on Slush Pool by Orlymar Córdova
Slush Pool: a benchmark for all mining pools
Slush Pool was the first pooled mining pool to emerge about two years after bitcoin, the first cryptocurrency, went live. From the date of its creation (November 2010), Slush Pool became a benchmark for the creation of other mining pools, and to date it has managed to maintain its validity and relevance within the system.
This mining group has been developing improvements over time to optimize the service, thus, in 2012 it introduced the Stratum mining protocol, and recently in 2018 it launched Braiins OS, the first integrated cryptocurrency system of open source in order to solve common mining problems, enable performance options and give users control over their mining hardware.
Slush Pool only allows mining Bitcoin (BTC) and Zcash (ZEC) for a 2% fee. It follows a unique score-based system that avoids users the risk of being misled. The registration process is relatively straightforward and easy to use for novice miners. Provides a specially designed demo account for new miners to try before signing up.
It has servers in Asia, Europe and the United States. Even though Slush Pool is not currently the largest mining pool, it is undoubtedly still considered one of the best!
Pros
- High reputation. They are a consolidated team, with years of experience and pioneers in the mining industry. To date they have managed to extract more than a million bitcoins.
- Thanks to its advanced monitoring system, it offers online care 24 hours a day, 7 days a week.
- It has a mobile application available for Android and iOS. It will allow you to stay informed or receive notifications about miner problems, new blocks and payment management.
- It guarantees high levels of security, since the platform offers several protection measures such as two-factor authentication, among others.
- Its web portal has a pleasant and easy-to-use interface, with enough information about the mining group.
- The registration process is pretty straightforward.
Cons
- The transaction fee is relatively high compared to other mining pools.
