Here’s what you should look at when choosing a cryptocurrency mining pool
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As such, it makes sense to review the key parameters that should not be overlooked when choosing a cryptocurrency mining pool.Cryptocurrency experts typically indicate proper earning models, stable hashrate, a wide range of cryptos supported, powerful customer support unit and a stellar reputation as essential elements of the right crypto mining pool.Different cryptocurrency mining pools adhere to a variety of earning models, i.e., various pools distribute rewards in various ways.
Block rewards are calculated using the PPS model, which reflects the theoretical earnings based on the user's computational power. Meanwhile, miner fee rewards are determined by the PPLNS model, which depends on actual miner fees from ViaBTC's block findings.The net hashrate of the mining pool refers to the share of its hashes in aggregated quantities of hashes for this or that blockchain. In other words, it reflects the dominance of the pool in the segment of cryptocurrency mining.
Despite the growing quantity of cryptocurrencies on various algorithms, battle-tested first-generation blockchains remain the smart bet for the majority of investors. ViaBTC supports Bitcoin mining, together with its forks, Bitcoin Cash and Bitcoin Cash ABC ; all three are SHA-256d cryptocurrencies.
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