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What is SoloPool.org?

In a solo mining pool, each miner works autonomously, where only the individual who successfully mines a block receives the full reward, leaving others in the pool without any earnings. The duration required to locate a block is influenced by the miner's hashrate along with a degree of randomness. Once mining begins, an accurate evaluation of the average hashrate can only be made after at least 30 minutes have passed, and this assessment relies on the shares the miner submits, which may differ from what the mining software indicates. Additionally, mining pools are designed to hold your coins only for the time necessary to validate transactions and facilitate payouts. Each pool adheres to a reward mechanism connected to block discovery, known as SOLO, where rewards are exclusively given for successful block finds, without compensation for shares submitted or the time spent mining. The process of mining is quite complex and the outcomes can greatly vary; for example, a miner might uncover nine blocks while experiencing a luck value below 20%, yet simultaneously achieve a block with an extraordinary luck value of 700%, showcasing the unpredictability inherent in this field. This fluctuation in luck not only underscores the difficulties faced but also adds to the thrill associated with solo mining, where each attempt can yield vastly different experiences.

What is Binance Pool?

A comprehensive platform has been created to boost the earnings of cryptocurrency miners, offering real-time monitoring of hashrate while ensuring asset protection through the expertise of the Binance security team. By employing models such as FPPS, PPS+, and PPS along with instant settlements, miners can significantly reduce income fluctuations. Our diverse range of services aims to connect mining with trading, establishing a cohesive ecosystem for users engaged in both activities. The Smart Pool feature empowers users to enhance their profits by automatically reallocating hash rates to mine different cryptocurrencies that share the same algorithm. Specifically supporting the SHA256 algorithm, Binance Smart Pool facilitates effortless hash rate transitions among BTC, BCH, and BSV, with final earnings settled in BTC. Furthermore, with Binance Cloud Mining, miners can fully remove the need for hardware along with the challenges of sourcing and leasing mining farm locations, as we take care of all operational and maintenance aspects as your trusted ally. This pioneering strategy not only helps miners reach their full potential but also allows them to capitalize on market opportunities without the typical difficulties linked to conventional mining operations. As a result, users can focus more on their strategies and less on logistical concerns, ultimately leading to a more efficient mining experience.

Media

Media

Integrations Supported

Bitcoin
Ethereum
Binance
Binance Cloud Mining
Flux
NiceHash
Telegram

Integrations Supported

Bitcoin
Ethereum
Binance
Binance Cloud Mining
Flux
NiceHash
Telegram

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SoloPool.org

Company Website

solopool.org

Company Facts

Organization Name

Binance

Date Founded

2017

Company Website

pool.binance.com/en

Categories and Features

Categories and Features

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