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Zenpool bitcoins

The Dashboard page gives you the total amount of coins earned for the last 24 hours, however the actual amount you get is a bit lower due to this number not reflecting the deduction of the maintenance fees. On to top right of every page you can see what is the current amount of BTC you have in your account since the last payment and their average USD value based on the current Coinbase exchange rate. The Miners panel from the menu on the left is where you actually add the Hashlet that you have purchased by redeeming the ZenHardware code that you have received and then you get to see the Hashlet you have purchased, but unless you set a mining pool it will not start to mine.

Setting a mining pool could be a bit confusing at first as you need to drag the pool icon from the Altcoin list of pools on the right over the Hashlet, or you can use the Batch Update pools if you have more than one Hashlet to make it easier. Once you drag the pool icon over tha Hashlet, below you will see the icon of the pool appear and the expected daily payout from that pool based on the estimation for your hashrate from the previous day.

The important thing here however is that regardless of which pool you choose you are not setting worker information and you are only getting paid in BTC directly, so you cannot mine some altcoins and get them in your account with the Hashlet — only direct Bitcoin payments. Below you can see what are the current 24 hour estimated for 5 MHS Hashlet with the different supported pools.

Clever Mining — 0. Do note that these numbers represent the expected profit without the maintenance fee, so what you actual get credited in your account may be less. You can however also get more depending on the price fluctuations on the specific day of mining, especially if the prices the previous day were low.

Even though we seem to be seeing pretty close numbers from day to day so far. The Latest Activity panel is kind of history log on what have you been doing in the control panel, logging the time and the action you have performed. The next panel called Balance is that one you will want to use more often as it shows the list of your financial transactions — the mined coins and the maintenance fee. It can be a bit confusing as it apparently shows first the maintenance feed deducted and then the full amount of mined coins added the same as in the Latest Activity.

This way it seems that for the first day we have not been deducted any fee, even though we have mined for just a few hours as you can also see from the amount of mined coins. The Balance panel is also the place where you can either deposit or withdraw BTC in your account. Both buttons however do have some weird rounding applied as per the current Coinbase exchange rate that makes entering an exact value real pain in the ass, and while it may be useful when depositing BTC, it is really annoying when withdrawing as you want to enter an exact value that you have in your account.

If you are wondering why you would need to add BTC in your account, the reason is simple — to purchase more Hashlets from the ZenMarket panel instead of going through the standard purchasing procedure that you need to go over if you do not yet have a ZenCloud account. Obviously since the Hashlet is not time limited cloud mining contract, the time that it should expire is when the mined coins are not enough to cover the fees as this would make the miner unprofitable and you would not want to actually have to pay to be able to continue mining instead of making money from it.

This is the way we understand and expect things to go with the Hashlet as this piece of information regarding the lifetime of the digital miner is not clearly described by GAW Miners yet. Below you can see what the actual earnings are by days that we have accumulated in our account from mining so far with the 5 MHS Hashlet. Note that these are the values with the maintenance fee already deducted from them. The first number in BTC represents the total account balance after that specific day, the number with plus in the brackets shows the actual mined coins for the specific day other than the first one this is minus the fee and in the end of the line you can see the average estimated USD price of the available coins.

So the current actual profit for 5 MHS Hashlet is equivalent to about 1. So in fact we can ROI faster or slower than that number of days, depending on a lot of factors, but breaking even in just about months does not sound like a bad thing as after that you can expect to actually make some profit.

How much actually depends on the purchased hashrate and the current market conditions when you have earned enough to cover your initial investment. Do note however that since you are getting paid in BTC, if the Bitcoin exchange rate for example doubles you can instantly lower the time for ROI, but if the opposite thing happens the time will double.

And as we usually do recommend, do not invest more than you can afford to lose if things do not go the way you planned it. It is also not a wise idea to invest all in just one place, so think about spreading to multiple services.

After the initial announcement of the new Hashlet Digital Cloud Miner by GAW Miners there has been a lot of user interest and when the prices were also announced and the sales have started the interest was so big that the users managed to bring down the whole Shopify network temporary.

After that issue was quickly resolved and things were back to normal we have decided to try out how easy is it to purchase a Hashlet and then to do a detailed review of the digital cloud miner as well. But first we are going to do a quick overview of our experience purchasing a Hashlet and since the testing and reporting part will need some more time we are going to post the review a bit later on when we do get enough experience and some results with the Hashlet.

I consider bigger Horizen mining pools more reliable, where the size is tightly related to higher hash rate and faster mining process. Of course, you can choose to go ahead with a smaller one. That move would increase the amount of your payoff but will reduce the frequency of it. If you want to maximize your chances of profiting, take a look at the best Horizen mining pools, which I have placed in the table below as comparison:.

There are several factors that will indicate the perfect match for you. First, and most importantly, you need to pay attention to the hash rate of the Horizen pool. That is the accumulated power of all miners, how fast they process the information. The higher the hash rate is, the more frequent your income will be. In second place I have the server location, this is related mainly with the internet speed.

At third place is the fee, which is usually different, depending on the provider of the service. I will recommend you join a bigger Horizen mining pool, even though the fee could be a bit higher than the others. I have prepared a detailed explanation on all factors influencing your decision for a pool and also covered the different types of reward systems.

Usually joining a pool requires registration, meaning you need to create an account by providing username, password and email. This way you will receive daily reports of your progress. You can execute this process with the same success, but without having to share such data with the provider. They look like every other mining pool, because they are alike. You can connect straight to the server, without going throw your account, by simply adding a few lines of code into your software.

As for GPUs, those cards need a mining program, which you should have downloaded and installed on your computer. This way, the ZEN mining pool will detect your workers and will be able to send you rewards to your wallet address, without you even loading its main webpage. Here is everything you need to use:. I have developed a smart ZEN calculator, with which you will be able to quickly check the overall prediction of your profits and costs, according to the variable nature of the numbers used.

All there is for you to do is fill in the hash rate, electricity cost, power consumption and of course the Horizen mining pool fee. Then, just click calculate and its done. In case you decided to proceed with Cloud mining, the calculator is clever enough to assist again but, in this case, you need to add only your hash rate and pool fee, since you are about to rent the mining gear from a 3rd party.

You can see your approximate profit and cost for different time frame such as days, months, years. The most profitable option will be the one, covering your subscription fees. Play with the numbers, try different options and choose the one which is most cost effective and most rewarding of course. So far so good! What about creating a pool of your own? In addition to all the above, you will need some basic skills of Linux administration and bash scripting as well. Be advised, that it will be necessary to upgrade your hardware when the number of miners is increasing.

Here comes the moment of renting a VPS and only configurating the software, that goes with it. Horizen mining pools are spread all around the world, the majority of which are stationed in USA followed by European countries like France, Germany, Netherlands. You can also find such in Malaysia, Taiwan and Japan. Usually the electricity cost and high-speed internet connection are the leading reasons for the location of a pool.

They are most important for the miners and their performance, not so much for the pool itself.

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This way, the ZEN mining pool will detect your workers and will be able to send you rewards to your wallet address, without you even loading its main webpage. Here is everything you need to use:. I have developed a smart ZEN calculator, with which you will be able to quickly check the overall prediction of your profits and costs, according to the variable nature of the numbers used.

All there is for you to do is fill in the hash rate, electricity cost, power consumption and of course the Horizen mining pool fee. Then, just click calculate and its done. In case you decided to proceed with Cloud mining, the calculator is clever enough to assist again but, in this case, you need to add only your hash rate and pool fee, since you are about to rent the mining gear from a 3rd party.

You can see your approximate profit and cost for different time frame such as days, months, years. The most profitable option will be the one, covering your subscription fees. Play with the numbers, try different options and choose the one which is most cost effective and most rewarding of course. So far so good! What about creating a pool of your own? In addition to all the above, you will need some basic skills of Linux administration and bash scripting as well.

Be advised, that it will be necessary to upgrade your hardware when the number of miners is increasing. Here comes the moment of renting a VPS and only configurating the software, that goes with it. Horizen mining pools are spread all around the world, the majority of which are stationed in USA followed by European countries like France, Germany, Netherlands.

You can also find such in Malaysia, Taiwan and Japan. Usually the electricity cost and high-speed internet connection are the leading reasons for the location of a pool. They are most important for the miners and their performance, not so much for the pool itself. ZenCash was launched on the 30th of May as a result of the chain split of ZClassic. In the end of summer , the company rebranded and changed name to Horizen, saving the same ZEN abbreviature. The algorithm used is called Equihash which is typical for the whole Z family.

It enables secured global messages, persistent file storage and private economic activities. It also provides strong protection against DDoS attacks and spamming. Horizen is the first cryptocurrency with fully end-to-end encryption at the node and internode level. Also, shielded transactions are fully encrypted, the amounts are hidden on the block chain which makes this coin completely untraceable, no matter if mined in a pool or simply transferred.

This mechanism adjustes the amount of shares distributed to you, depending on your hash rate. Please note that the values can rise and fall dramatically and do not really affect your earnings. The aim is to optimize the workload among miners. In relations with the mining pools for Horizen, there are more than 25 different options that you can easily explore on the official ZEN website.

This coin and its pools are striving to be one strongly secured and stable community, based on foundation of privacy and confidentiality. Alexander May. With consistent industry knowledge and a proven track record in implementing strategic mining pool diversification strategies, Alexander is a passionate supporter of cryptocurrency mining.

He stands behind the idea of building decentralized economies to alleviate global inequality. Horizen Mining Pools: Ultimate Guide. Mini Mining Profit Calculator. Power consumption W. Building infrastructure to support the next generation of digital assets. We've updated our app! Welcome to the new Luxor homepage. Products Our Coins Company. Mining software stack you can trust. Gain clarity on your mining operation Luxor knows that mining pools can feel like black-boxes.

Stable mining income with PPS With Pay-Per-Share, miners can deploy their machines knowing that there won't be volatility in their payouts. Powerful and user-friendly analytics Hashing might be done by machines, but behind every fleet of rigs sit a human operator. Mine ZEC. Earn BTC. One Algorithm. Many Chains. Building infrastructure to support the next generation of digital assets Facebook Discord Twitter GitHub.

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Sort of the anti-Bitcoin , Zen touts itself as the stable digital currency, tied to the performance of 22 international currencies. The money supply, which is managed by a democratic organization, can be regulated to curb inflation and deflation. Zen is a product of Zurker , a crowdfunded social platform. A competitor to Facebook, Zurker distinguishes itself with a co-op label, meaning its users are also the owners of the social platform.

The top search results for Zurker , which launched last year to much skepticism, question whether this social network is a actually a scam. For now, Zen can only be spent on Zurker to buy vShares, or a stake in the company. This setup means the currency is stable hence the name — compared not just to the notoriously volatile Bitcoin, but to other individual currencies, such as the US dollar.

The 22 freely floating currencies include the US dollar, euro and Philippine peso see full list here. Zen has both elements of centralization and decentralization. Anybody is free to join and become a member of this organization. Systematically, Zen is designed to be centralized. Wallets can be stored by third-party apps. Agents can act as banks, holding accounts on behalf of users. Holders of the currency can also create their own private bank-like accounts. By clicking sign up, I agree that I would like information, tips, and offers about Microsoft Store and other Microsoft products and services.

Privacy Statement. Skip to main content. Bitcoin Miner Pool. See System Requirements. Available on Mobile device. Show More. People also like. Pro Browser Free. AliExplorer Shopping App Free. Steam Free. Global Tv Free Free. VLC Free. What's new in this version - Added Coin News Blog. Additional information Published by summitapps. Published by summitapps. Approximate size 2.

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Eligius : Eligius was one of the first Bitcoin mining pools and was founded by Luke Dashjr , a Bitcoin Core developer. Its user interface is in Chinese, making it difficult for English speakers to join. Like F2Pool, its user interface is in Chinese, making it difficult for English speakers to join. Bitfury : Although seen publically in block explorers and hash rate charts, BitFury is a private mining pool and cannot be joined. In an ongoing effort to come up with the fairest method and prevent gaming of the system, many calculation schemes have been invented.

PPS, or 'pay per share' shifts the risk to the mining pool while they guarantee payment for every share you contribute. PPS payment schemes require a very large reserve of 10, BTC in order to ensure they have the means of enduring a streak of bad luck. For this reason, most Bitcoin mining pools no longer support it. DGM is a popular payment scheme because it offers a nice balance between short round and long round blocks.

However, end users must wait for full round confirmations long after the blocks are processed. Miners are paid out from the pools existing balance and can withdraw their payout immediately. This model allows for the least possible variance in payment for miners while also transferring much of the risk to the pool's operator. PROP : The Proportional approach offers a proportional distribution of the reward when a block is found amongst all workers, based off of the number of shares they have each found.

The operator receives a portion of payouts during short rounds and returns it during longer rounds to normalize payments. BPM : Bitcoin Pooled mining BPM , also known as "Slush's pool", uses a system where older shares from the beginning of a block round are given less weight than more recent shares. This reduces the ability to cheat the mining pool system by switching pools during a round.

POT : The Pay on Target POT approach is a high variance PPS that pays out in accordance with the difficulty of work returned to the pool by a miner, rather than the difficulty of work done by the pool itself. This process makes later shares worth more than earlier shares and scored by time, thus rewards are calculated in proportion to the scores and not shares submitted. When the block rewards are distributed, they are divided equally among all shares since the last valid block and the shares contributed to stale blocks are cycled into the next block's shares.

Rewards are only paid out if a miner earns at least. However, if a Bitcoin miner does not submit a share for over a period of a week, then the pool will send any remaining balance, regardless of its size. The administrators of these Bitcoin mining pools use some of the Bitcoins generated when a block is found to add to a jackpot that is triggered and paid out to the member of the pool who found the block. In this way, everyone in the pool has a better chance to make additional Bitcoins, regardless of their processing power.

Translate to English. Stay informed about special deals, the latest products, events, and more from Microsoft Store. Available to United States residents. By clicking sign up, I agree that I would like information, tips, and offers about Microsoft Store and other Microsoft products and services. Privacy Statement. Skip to main content. Bitcoin Miner Pool. See System Requirements. Available on Mobile device. Show More. People also like. Pro Browser Free.

AliExplorer Shopping App Free. Steam Free. Global Tv Free Free. VLC Free. What's new in this version - Added Coin News Blog. Additional information Published by summitapps. Published by summitapps. Approximate size 2. Age rating For all ages. Category Productivity. This app can Access your Internet connection and act as a server.