Antpool

Antpool, one of the largest mining pools in the world supports ten cryptocurrencies and rewards miners daily for their contributed hash power.

As of 2020, Antpool represents over 12 percent of bitcoin’s network hash power. The mining pool launched in 2014 and is operated by mining hardware manufacturer Bitmain.

Antpool is an open access mining pool that supports ten cryptocurrencies including bitcoin, bitcoin cash, ethereum (ETH) and litecoin (LTC). The mining pool offers an app that monitors the hash rate of users’ miners in real-time, supports multi-coin mining and shared account management for convenience.

Earnings are calculated depending upon the amount of hash power a user contributes to Antpool and their selected ‘earnings mode.’ Antpool supports multiple earning modes, including Pay Per Share (PPS), Pay Per Last N Shares (PPLNS), Pay Per Share Plus Transaction Fee (PPS+) and SOLO.

PPS means a user’s earnings will be based on the amount of power their miner contributes minus a 2.5 percent fee. PPS+ is an added iteration to the original PPS method providing an additional allocation of transaction fees.

PPLNS means a user’s earnings will be directly related to antpool’s revenuehttps://support.bitmain.com/hc/en-us/articles/221913127-What-do-PPS-and-PPLNS-mean-Which-one-gains-more- where earnings are based on the average contribution over a period of time. SOLO mode refers to all block rewards being allocated to the miner who mined the block. The pool charges one percent commission for daily operation and maintenance.

In March 2019, Bitmain launched Antpool Labs with the aim of providing services for small-cap cryptocurrency miners. The platform supports the mining of multiple coins, including grin (GRIN), monero (XMR) , komodo (KMD) and ravencoin (RVN).https://v3.antpool.com/homehttps://v3.antpool.com/home

This article was originally published on Jun 2, 2020 at 3:30 a.m. UTC

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