Header banner
Revain logoHome Page
Kehinde Oluwakemi photo
Ibadan, Oyo State Nigeria.
1 Level
337 Review
587.5 Karma

Review on BitMinter by Kehinde Oluwakemi

Revainrating 3 out of 5

Bitminter mining pool

Bitminter is a Bitcoin mining pool that was created to make mining accessible to miners who find other mining software not easy to operate. The mining pool was founded in 2011, it provided certified services for it users and makes mining very easy for them by allow it fans to mine Bitcoin at the rate of 1% which is very affordable while transaction fee will be shared with other miners. The payment system is pay per last N Shares (PPLNs)
Unfortunately Bitminter mining pool is shutting down after 9 good years of mining due to inability to keep the Platform going. All the efforts and attempts to bring big miners onboard did not work
Despite the fact that Bitminter is shutting down it provides a very useful service for it users



Pros
  • It was created to make mining accessible to miners.
  • It charges low commission fee.
  • It share transaction fee with other miners.
Cons
  • Unfortunately it close down.

Comments (1)

Please, sign in to write a comment
July 03, 2020
Bitminter Mining pool is one of the pool that make mining cryptocurrency easy to miners. it has a reward system that used PPLNS that is Pay Per Last N Share, the payment was made to miners as a percent of shares contributed.