Mining Cryptocurrency. Altcoin Mining Pool
We do have a good number of cryptocurrencies - ETHW
, etc. All of them are worth mining with your GPU software. What is the best for your specific rigs? Check our original mining calculator
What Hardware To Mine On?
If we talk about mining in general, then you can mine on a processor (CPU), video card (GPU), FPGA (specialized device), ASIC, mobile phones. They say that you can also mine with a vacuum cleaner, fridge, and other household appliances, but we have not witnessed this. :)
How To Start Mining?
Cryptocurrency mining, like any other serious business, requires perseverance and attention. You can figure everything out on your own, but at the beginning, you need to devote n-days to studying this topic. The first is what you want to mine. Cryptocurrency on processors, video cards, FPGA, or ASIC? This will determine the room that you need for mining. If from the premises you only have an apartment, a balcony, or a garage, ASIC will definitely not suit you - this is a very noisy device. FPGA is an extremely rare and difficult device to learn. At the very least, you need a decent amount of money and programming knowledge. You won't earn much on the processor, so let's move on to the last option.
GPU Mining Pool (Mining on Video Cards)
You can mine on both AMD
graphics cards. And not on one or two pieces, as is the case with the processor, but on 6, 8, and even 19 video cards in one rig (mining farm) at the same time. As a rule, the newer the GPU is, the higher the profit. Use our GPU mining calculator, as well as the rating of the best video cards
, if you have not bought a video card yet and are just planning to enter mining.
Recently we added CPU mineable coins so all CPU miners welcome! Enjoy RTM
mining on our pool.
Pool Method Rewards
WoolyPooly offers both PPLNS and SOLO reward systems. We have the modified version of PPLNS, so pls read the FAQ
section for more information.
PPLNS means Pay Per Last N Shares. This method calculates your payments based on the number of shares you submitted during a shift. You only get paid out once a block is actually found. PPLNS is a perfect method for loyal pool members over pool hoppers. Many pools like ethermine, miningpoolhub, 2miners, nanopool choose PPLNS as their reward system.
SOLO means mining without other miners. We give you an independent connection to the node and calculate your payments based on blocks you found.
WoolyPooly GPU mining pool has low mining pool fees. It varies from 0.9% and deducts from the block rewards. And you don't pay for transactions.
We have dedicated servers worldwide - USA, Canada, Europe, Turkey, Brazil, Asia, China, Russia, Australia. In general, our average ping is not more than 100 ms.
On our pool, diff is set automatically specific for your rig. Thanks to our Vardiff feature.
On our pool you can meet three different block types.
Highlighted in blue. It's the block founded a few ms less by another pool or miner. However, we've got some bonuses. This is normal.
Highlighted in red. It's the block rejected by the network. Shit happens.
Not highlighted. Standart coin blocks. Block reward can vary.
Payments are made automatically after the min. payout threshold is reached. payments do not depend on time, there can be as many payments as you like.
Where To Exchange Cryptocurrency?
Every month more and more exchanges appear in the world where you can exchange cryptocurrency. Some require verification, somewhere very small volumes for the purchase of cryptocurrencies, somewhere a small selection of coins. We recommend to our miners the Coinex.com
exchange as the most suitable option for exchanging cryptocurrencies. Register, copy the address of the coin from the exchange to the miner, and start mining cryptocurrencies on our pool.
Is It Legal To Mine Cryptocurrency?
As we know, there is not a single law prohibiting cryptocurrency mining.
OS (Operating Systems) For Cryptocurrency Mining
Below you will find a list of the most commonly used operating systems for mining:
A relatively free OS, on which at least each of us started our mining journey. We installed the OS image on a hard drive or SSD, a program for overclocking the MSI Afterburner video card, the necessary drivers and libraries, downloaded the miner, registered the pool address and wallet in the .bat file, and launched the .bat file. The obvious advantages at the moment are the price and display of the memory temperature of the RTX 30 series of video cards. For mining, it is advisable to use the 10 version of Windows.
Wooly's Choice and the most popular mining OS. Installed on a hard drive, SSD, and even a USB flash drive. 1 rig is always free, 4 are shareware. We highly recommend connecting HiveOS to a local network, it is bad friends with Wi-Fi transmitters. All mining setup is carried out through flight sheets, and all rigs (mining farms) are visible at a glance in the system dashboard. Enter the promo code WoolyPooly upon registration and get 10 USD to your account!
The third most popular mining operating system. Very similar to HiveOS, they also give 1 rig for free. Can be paid with a credit card.
Mining OS based on Linux Ubuntu. In general, it is also similar to HiveOS and RaveOS.
A beautiful, but unstable operating system for mining cryptocurrencies. On the plus side, you can pay by credit card.