Veröffentlicht: 12.02.2018

Multipool Mining

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What is Multipool Mining?

Multipool mining is the process of moving from one cryptocurrency to the next, mining the most profitable option at the time. Multipool miners take into account the network strength and exchange rate of a cryptocurrency, as well as its exchange rate.

Operation of Multipool Mining

Here’s an example to give you a better idea of how it all works. Imagine a multipool has a certain cryptocurrency with a total performance of 10 GH. Hash performance is calculated, which could be 90 GH, suggesting a 90% chance of mining the block. The reward for these particular cryptocurrencies per block is then calculated, as well as the conversion rate to the base currency.

Mining Factors

In mining, it is important to understand the different types of blocks. This is important because it has a great impact on expected income. Another factor to be taken into account is the level of difficulty and how quickly such difficulty can arise. The difficulty can be set in different ways, per block with the Kimoto Gravity source, or directly with Digishield.

A multipool is a multi-coin profit-switching mining pool that mines Bitcoins and several alternative cryptographic currencies.

The multipool that started it all was a single port based on the SHA-256 multiport. As of now, it is has mined five different cryptographic currencies, including Bitcoin, Terracoin and PeerCoin.

Miners are not limited to the profit-switching port. They can connect to each of the pools to directly make a single coin. The rewards are currently distributed according to the changing character of the pool using a proportional system.

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Earn Bitcoin with master nodes from 0.015 BTC - For beginners

Recommendation for beginners: Der Masternode Pool Club PoolNode is the little brother of the company GetNode. PoolNode enables its members to participate in a unique Masternode Pool which is already over 100 Bitcoin in size. PoolNode achieves very good results through active management of the pool and continuous acquisition of new master nodes. With GetNode you can participate from 0.2 Bitcoin and with PoolNode from 0.015 BTC.

Earn Bitcoin with Masternodes

Editor's recommendation Der Masternode Pool Club GetNode is the only provider of its kind. GetNode enables its members to participate in a unique Masternode Pool which is already over 100 Bitcoin large. GetNode achieves very good results through active management of the pool and continuous acquisition of new master nodes.

The big comparison - Masternodes vs Mining

What's the best way to make Bitcoin?
In our detailed article on Bitcoin Mining vs. Masternodes, we have compared the different methods of Bitcoin extraction. Bitcoin Mining or Cloud Mining is only worthwhile in very specific market phases. Learn more about this in our article Bitcoin Mining - Masternodes the better alternative!