|Transaction Fees Shared With Miner|
F2POOL MINING REVIEW
F2pool is a recognized worldwide mining platform, allowing miners to team up their computing power and source out a block and get paid based on the number of the block they found. F2pool pays a 3% reward to every miner for using the pool. F2pool is a Bitcoin and Ethereum mining pool flame, and the pool is widely well-suited with cryptocurrencies such as Bitcoin, Litecoin, Monero MXR, and Ethereum.
However, this pool is based in China and is also known as Discusfish; it was launched in 2013 in Beijing and was established as the world's leading mining group. This pool has continued to grow. It has become one of the first five largest mining pools globally; this pool has over two million users, most of whom are Chinese; maybe this is because it is located in China and will soon expand to other continents.
This pool is the largest pool for cryptocurrencies mining in the world that provides mining services to over 40 digital currency, including Bitcoin (BTC), Ether (ETH), Zcash (ZEC), Ethereum Classic (ETC), Litecoin (LTC), Siacion (SC), Decred (DCR), Verge (XVG), Monero (MXR), Dash (DASH), and Zcoin (XZC).
F2pool has a new modern technology that gives confidence and security to its users to mine their desired cryptocurrencies; with its user interface in Spanish, Russian, English, simplified and traditional Chinese, it has made over 17% of mining power in Bitcoin, which makes it one of the most important and remarkable platforms in the market for over 7years and the second-largest Bitcoin mining pool in the market, which gives it a definite degree of respect.
F2pool will not have in any way be so popular or established if they don't have good security. The platform has HTTPS protocol, and the service comes with the wallet lock feature, which protects all your investment if your account gets hacked. Just know that the email address you use to register for F2pool can never be remove, which the company forbids for security reasons to avoid identity rubbery on their platform.
Above all, F2pool is the only pool operating with peer-to-peer payment; its withdrawal fees don’t Excel four percent, the pool payouts are daily, and they are directly sent to your F2pool wallet.
How to register F2pool
To use the F2pool mining platform, you must first create an account, then access the web https://www.f2pool.com/user/signups and enter the requested data. After that, request the SMS code to confirm the phone number you entered. When it’s done, a verification email will be sent to you to activate the account, and then the registration process is done.
The F2pool pros and cons
Now that you know about F2pool, here are some negative and positive aspects of it.
F2pool allows users to access the application through its website and download it on the mobile application.
It allows users to generate income transparently.
All the group miners receive their profit no matter how small the profit is, which provides great security to their miners.
The platform directs crypto users through simple steps to set a login and make it very easy to create an account.
It has an interface available in Spanish and English in a simple way for beginners.
It has an offline notification mode for all users.
Minimum withdraw at 0.005BTC,0.02LTC,0.1 ZEC or 0.1ETH.
Its servers are in the US, EU, and China.
It makes daily payments on the pool.
Its service is available in different countries.
It can mine over 50 crypto assets, including Bitcoin, Ethereum, Litecoin, and Zcash.
It has a very reliable security system, and the registration process is straightforward; also, the verification process is quick.
The mining cost is 4% which is expensive.
Your account will be deactivated if it is left inactive for a long time.
The F2pool Fees and payment
The F2pool operates on a PPS reward system and charges four percent fees.
The payouts take place every day by setting the limit of withdrawing, which is 0.01 BTC.
How to withdraw from F2pool
These are the process of withdrawing coins in F2pool.
Login to the F2pool website https:www.f2pool.com, then log in to the F2pool account.
Click the drop-down menu in the upper right corner of the page and select "Account settings."
The window will appear, then click on "payout settings."
Click on the username you used when mining grin, click on the algorithm you want to mine, click on "add GRIN- 29 address."
Fill in the withdrawal information of grin provided by your email account or URL. You can also fill the SMS code verification during withdrawal. All withdrawal information will be sent to you by the pool via email or SMS.
After receiving the activation email, click on the activation link in the email to complete the steps, then you can trade.
Fill in your grin address information according to the guidelines of the textbox.
Please select the "wallet address" when you choose the address type, you deposit grin.
Should you use F2pool or not?
When it's all said and done, you already know the answer is yes if you read the review carefully; if you have any comments, please leave them below. Thanks for reading.