Without a doubt, a good ETC pool is a simpler and more reliable way for interested miners to increase their Ethereum balance — solo leveling is usually way more demanding. But how to find the best partner? Stay tuned to make your searches for the right domain more well-thought-out.
Cryptocurrency Difficulty vs. Pool Hashrate
Mining blockchain networks establish the desired share time to get the next Ethereum shared/solved solution. This may take around ten seconds, during which these virtual venues would prefer miners to send them a share roughly every ten seconds. At the same time, they introduce a particular share difficulty to make the process more stable.
The best ETC mining pool will determine how challenging it is to deliver a share to the core source based on the achieved hashrate. This parameter increases as the hashrate increases. It may take some time to start grinding and satisfying the pool’s condition for share difficulty.
The Latency of the Servers
Also known as the ping, this parameter helps enthusiasts to define how efficient their performance will be. If there are any issues with your connection to the ETC mining pool, the productivity of mining will drop. Solutions with satisfactory levels of ping, including Hiveon, are highly sought-after.
Calculate the Minimum Profit
Don’t forget to consider what payment distribution modes this or that pool ETC users. In the case of Hiveon Pool, your shares are analyzed according to the PPS+ principle. As the combination of two other methods, it unites their benefits and provides the best results. Not only can users get higher Ethereum income, but also they spend less on transaction fees or other charges that are completely covered by the organization. You will get fifty percent of stale shares, including five percent of the max stale rate in the equation.
How to Get Your Mining Rewards
Regardless of what Ethereum Classic mining pool you are going to use, the first task is to create your Ethereum wallet. Some services are more user-friendly from this perspective. For instance, Hiveon Pool provides more detail on the topic in its knowledge base.
Wrap It Up
Last but not least important, don’t forget to compare the benefits of different Ethereum Classic pools. Contrary to some other offers, the integration into the Hiveon Pool network is smooth, and it doesn’t charge any pool fees.