Posted on: 08. May 2018

Multipool Mining

# Provider of the Month - Passive income through Masternodes
The GetNode Club offers its members a stake in the only ever Masternode pool. to the provider - (https://www.getnode.io).

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.


Passive income through Masternodes
Editor's recommendation: The Masternode Pool Club GetNode is the only provider of its kind. GetNode allows its members to participate in a unique masternode pool that is already over 100 Bitcoin in size. Through active management of the pool and constant purchase of new masters, GetNode has achieved very good results. So who ever wanted a passive income through Masternodes , here is the change. With a minimum of 1000 Euro or 0.2 Bitcoin a quick start is possible. The deposit can be made via Bitcoin or Euro. The payment is made automatically every two weeks via Bitcoin. We are even invested in GetNode with 1.2 Bitcoin and so far we are very satisfied with the results.

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