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Home Bitcoin Mining Slushpool.com Mining Review : Get Instant Access To a Safe Learning Environment

Slushpool.com Mining Review : Get Instant Access To a Safe Learning Environment

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Disclaimer

The Information Provided On This Website Does Not Constitute Investment Advice, Financial Advice, Trading Advice, Or Any Other Sort Of Advice And You Should Not Treat Any Of The Website’s Content As Such. Coinworldstory Does Not Recommend That Any Cryptocurrency Should Be Bought, Sold, Or Held By You. Do Conduct Your Own Due Diligence And Consult Your Financial Advisor Before Making Any Investment Decisions.Coinworldstory Will Strive To Ensure Accuracy Of Information Listed On This Website Although It Will Not Hold Any Responsibility For Any Missing Or Wrong Information.

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About Slushpool.com

Slushpool.com is the first publicly available mining pool, first announced in 2010 under the name Bitcoin Pooled Mining Server. Slush Pool allows users to mine BTC and ZEC. Bitcoin and Zcash can be mined for a 2% fee. The pool shares the transaction fees earned with miners.

The rise of Bitcoin to global prominence is now seen as a start of the crypto revolution. The technology of distributed ledger without a single point of failure, with every entry being immutable and viewable by anyone is on its way to change many industries.

Slushpool, every progress comes with a price, and cryptocurrencies are no different. As a result of Bitcoin’s initial design being embraced by many other projects, the network security is maintained by the so-called miners, who verify all transactions made in the past 10 minutes and generate new coins.

Slushpool.com guardians of the network are also avid consumers of electricity because mining Bitcoins requires special computers capable of executing a huge number of operations per second.

Bitcoin
Pool fee 2%
Minimum payout threshold 0.001 BTC
Payout fee 0.0001 BTC (only for payouts under 0.01 BTC)
Merged mining Namecoin (converted to BTC)

 

Zcash
Pool fee 2%
Minimum payout threshold 0.001 ZEC
Payout fee 0.0001 ZEC (only for payouts under 0.01 ZEC)

History Of Slushpool.com

Slush Pool might not be the biggest Bitcoin mining pool in existence, but it is the first one, announced way back on November 27th, 2010. It was designed and brought to existence by the team behind the SatoshiLabs, a company headquartered in Czech Republic, and it’s one of the most stable mining pools you can join at the moment. SatoshiLabs is a prominent name in the world of crypto that has also produced the first hardware cryptocurrency wallet, called Trezor.

They are also behind CoinMap, a sort of Google Maps for businesses that support Bitcoin payments. Since its inception, Slush Pool was always tied to Bitcoin mining, discarding all forks that were briefly considered as more profitable to mine, such as the recent BTC-BCH clash in November 2017. Their public announcements throughout the years positioned them as supporters of Bitcoin Core network, and they have stood their ground for almost 8 years. In the world of crypto, eight years is a lifetime.

Your first experiance

Explore Slush Pool’s full capabilities such as monitoring, worker management, advanced payouts, access profiles and more. Get instant access to a safe learning environment without the need to connect your mining hardware.

Bitcoin Setup

1. Get suitable hardware

✓ Bitcoin can be efficiently mined with: ASIC (SHA-256 algorithm)
✘ Bitcoin cannot be efficiently mined with (unsupported): GPU, CPU, mobile phone

While mining with unsupported hardware might be possible, it will almost certainly be unprofitable. Also, keep in mind that our support team will not be resolving issues related to unsupported hardware.

2. Sign-up for a Slush Pool account

You can use an existing account if you have one. A single account can be used to mine all supported cryptocurrencies.

3. Configure your mining device

Individual hardware manufacturers may have specific settings requirements and different settings interfaces. Please follow their official documentation when setting up your miners. This also applies to cloud mining services.

Your miner must be connected to one of our pool servers listed below. Remember to configure the user credentials to your account. The login credentials needed for your miner look like this (please change userName and workerName according to your account information).

4. Register your payout address

To collect your reward you have to set up a payout address in the Settings > selected coin > Payouts menu. Once you reach the minimum threshold, your rewards will be sent there. You can start mining even without this address being registered, but it is highly recommended that you register it straight away.

If you do not have an address yet, you need to get a wallet first. They recommend the Trezor Hardware Wallet for maximum security. Other usable wallets are listed on Bitcoin.org.

5. Check if you are mining

Open your Dashboard and select the coin that you are mining from the drop-down list located in the top center section of the page. Then check your hash rate in the Recent Hash Rate graph section below. Please be patient; it can take up to an hour until you see the full hashing power of your newly connected device.

Rewards & Payouts

The following fees are currently applied by Slush Pool to provide the pool mining service.

General information

  • Proceeds from transaction (network) fees are shared with miners, see the Reward System.
  • Payouts are usually processed on an hourly basis, however, the confirmation time may take longer.
  • Payout threshold can be customized in the Settings > selected coin > Payouts menu.
  • Same pool fee applies to proceeds from merge mined coins.

SlushPool

Official monitoring app for the world’s first Bitcoin mining pool. See an overview of your slushpool.com profile dashboard. Receive notifications for significant events of your choosing. This is only account monitoring tool and you won’t be able to mine any coins with it.

Download SlushPool

Mobile App

Download the official application for Slush Pool for free – available for Android and iOS. Note: please be aware that mobile app is not a mining app – it is an account monitoring tool. You will not be able to mine any coins with it.

Connect your account with the mobile app

To monitor your user account in our official mobile app, please follow these steps:

  • Download the application on your mobile device.
  • On the Slush Pool website go to Settings > Devices.
  • Fill in the New device label field with a name of your choice and confirm by clicking on Connect.
  • Connect the mobile app to your user account by either scanning the QR code in the mobile app or manually entering the token value in the mobile app.

Multiple devices

You can connect multiple mobile devices to your user account, there is no limit.

Unlinking a device

In case you lost your mobile device, or you no longer want it to have the access to your account, you can unlink the device in the Devices section. All device management options can be found in the Settings > Devices menu.

Download Mobile App

Click Here To Join

Disclaimer: Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment into any online program with money you aren’t prepared to lose. Make sure to research about the website.So Please take care of your investments. and be in the safety site and avoid much losing online.

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Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 4100+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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