|Transaction Fees Shared With Miner|
The Slush Pool Mining Pool Review
Slush Pool is the very first and oldest mining pool in the world. The Satoshi lab manages the slush pool, and it was established in the year 2010 in the Czech republic.
This pool was specially made as a Bitcoin pool and Zcash coin for more different coin portfolios. Individual and business cryptocurrency users can use this pool service in industries, such as software development, IT, finance and government services.
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Slush pool vendor provides mining transparency with applicable hash rate proof capabilities. The pool publishes the amount of mining that has been made through the statistical proof, to make sure the miner payout is correct.
The pool has an advanced monitoring system that records all miner’s activities and sends a notification to users when anything is detected.
Slush pool always undergoes upgrades to ensure that its users enjoy the best mining performance, without going through the risk of becoming liable to intrusion. However, the pool has mined over 11.25 million BTC ever since it was launched in 2010, they have triumphantly democratized Bitcoin and Zcash mining by providing miners with a qualified environment to participate with institutional mining farms.
Presently, Slush pool has more than 140,000 operating Bitcoin mining rigs connected to their network, and more than 4,000 devices comprise its Zcash mining pool. The pool assures a 99.9% uptime, by carrying out the most innovative load steady and fair over the system.
Also, the pool is ASIC- boost compatible and is frequently put in the new features to advance the operations for users, these include Braiin os+ and Braiin os. The website has a transparent pool statistics section that presents all vital data, such as block history, hash rate proof, JSON stats and many more.
The pool provides a stat page where miners can examine all real-time data of the mining pool, with this, real-time data miners can track the total hash rate and percentage devoted to producing mining.
With Slush pool, the minimum payout threshold for Bitcoin (BTC) withdrawals is 0.001 BTC with a pool fee of 2%, and any withdrawal below 0.01 BTC has a transaction fee of 0.0001 BTC. While Zcash (ZEC) has a minimum withdrawal of 0.001 ZEC and a pool fee of 2%.
Slush Pool has great customer support that is always available 24/7. Users can ask questions on the platform and receive responses quickly in less than 24 hours, their customer support work Via emails and tickets, because they do not have a chatbox or live chat.
The pool server has many helpful guides and materials for beginners, FAQ section, user manual, common problems and solutions, to enable users to get more knowledge about how the pool works.
Slush pool teams have a great knowledge of the crypto world.
Their payout system and fees are very transparent.
They have a demo account section, where beginners can get to improve their mining skills.
The platform has a simple and easy-to-use interface.
They offer a 2% fee for every mining activity.
All mining activity is carried out on a very secured server.
It is the oldest and first established and most reliable mining pool.
High-ranking companies manage the slush pool.
They have a low commission fee.
They have a different server located in Europe, the USA, Asia, Canada and America.
It has a minimum payout of 0.001BTC and 0.001 ZEC.
Advanced mining product.
It supports only BTC and ZEC coins.
They have No robust customer support system.
The transaction fee is high for some users.