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Bitcoin Affiliate Network Mining Pool Review

May 2018 update – Bitcoin Affiliate Network Mining Pool has been offline since 2015. This article remains online for reference only. A look at Bitcoin Affiliate Network’s Mining Pool Please  note: This review is based on a relatively small amount of hashing, a few hundred ghs. The stats outlined in this review may not apply to larger miners. We hacked our antminer S1’s to mine nine pools concurrently, letting us run proportional power across a wide variety of mining pools. This review is part of our series of bitcoin mining pool reviews. Update: 6th January 2016 – BitAffNet has suspended registrations to new miners

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May 2018 update – Bitcoin Affiliate Network Mining Pool has been offline since 2015. This article remains online for reference only.

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A look at Bitcoin Affiliate Network’s Mining Pool

Please  note: This review is based on a relatively small amount of hashing, a few hundred ghs. The stats outlined in this review may not apply to larger miners. We hacked our antminer S1’s to mine nine pools concurrently, letting us run proportional power across a wide variety of mining pools. This review is part of our series of bitcoin mining pool reviews.

Update: 6th January 2016 – BitAffNet has suspended registrations to new miners in March 2015, and payouts have recently not been meeting the automatic thresholds. Payouts suffered long delays, and the pool was shut down for most of 2015.

We came across Bitcoin Affiliate Network when reviewing the rather nifty Blocktrail.com tool, and signed up to give one of the newer and smaller pools a look. They are mining about a block and a half a day, and were founded this year in 2014 in the US, although has servers distributed all across the world.

Being brand new, they stand out with a refreshing and integrated design, and at this stage they are adding new features and improvements about every two or three weeks. A lot of mining pools have stayed relatively static since they were made and have neglected their front end interfaces. Not with these guys though. they put data front and centre, presented in a nice near-real time interface. Graphs look good, giving you good useful information, and update regularly without refreshing. This lets you quickly see a snapshot of what’s happening, and then you have lots of options to drill down. When I started mining with them a few weeks ago, they had about 1.5 petahashes, but this has been steadily increasing up to about 5 petahashes (17032015)

BitAffNet’s pool operates using a Pay Per Share basis comparable to Polmine and Discus Fish, the other two main public PPS pools. They also pay a bonus 1% and merge mine Namecoin, using vardiff so difficulty will adjust based on your hashing power. They have servers all over the world including one in Ireland, and give a geo-targeting pool URL which will find the pool closest to you, ensuring that you reduce stale shares and work.

Earnings build up in the dashboard, with an automatic payout queued without transaction fees when your mining balance crosses the 0.001 threshold. I have it set to 24 hours and get it every morning at 7.30am GMT, but you can configure it on several frequencies, as often as once an hour for those of you with more power, so you’ll see your mining balance build up a lot more than others. It should be noted that there has been occasions where there was a slight delay in payments, but these were paid in full, and the timer then paid out using that time as the start time. There is a huge wealth of information available and presented well between graphs and data, so excel warriors among you will have plenty of data to get to grips with. The data also feeds through onto mobile devices although the display hasn’t been optimised yet.

The pool operators have an IRC based chat room, which any time I’ve gone into, day or night, there’s been someone friendly who’s been there to help, or point me to a place that did. I found one or two minor bugs which I reported, and got a response within a day, and they added one to their project management, so it’s positive to see that they’re continuing to build out the features, not just leave something there half completed, like some of the other pools I’ve come across.

Communication options are easy to switch on and off, letting you choose whether you want to receive emails for logins, payouts, blocks found, idle workers, or their newsletter. The pool also has a pin code, for securing some of the more sensitive functions,but doesn’t let you lock an address, if you want to do that.  It does use https though. Adding workers is straightforward, there are rankings so you can see how you compare to others, and the option to be anonymous. If you choose not to and find a block with one of your hashes, your name is shown for kudos. It also has a QR code for access to a mobile app, but we didn’t check this in this review.

The pool front end is changing iteratively and the back end is stable enough. During about a month, there was one evening where the Irish pool server went down, but as I’m now using the geo sorting link, if something like that happens in the future it would roll over to the London based server, so I don’t think an issue for new miners. Documentation on the site is very light, but with the pool being displayed in the way that it is, it’s very intuitive, and not daunting at all with everything you need on one screen, and more detail on others if you want it.

So in conclusion, Bitcoin Affiliate Network’s Mining Pool is a breath of fresh air from many of the longer established pools. It is a work in progress, but going in a really good direction with their interface and presenting lots of data. It is giving a very stable payout rate at the moment, which they pay out on schedule like clockwork, and you’ll be able to generate a steady predictable income from your hardware and electricity. There are occasional delays in payment, but so far have always paid out in full. Their minimum payout threshold means even smaller scale or hobbiest miners will see their bitcoin wallets grow regularly, and after mining across eight different pools for this series of reviews, we’re going to leave ours pointed with them for the forseeable future.

(Review updated 3/12 to remove out of date PPS rate, and add namecoin support. 21/12 with updated pool speed, 26/12 changed bonus payout from 10% to 1%)

– 17th March 2015 The pool has expanded the amount of statistics steadily and incorporated daddy cool as an alert when a block is found. Recently there have been delays when the pool was waiting to find blocks, or for blocks to confirm, but these have paid out in full when the pool caught up a day or two later. So the payout control isn’t working quite as expected, so review score for earnings dropped from 5 to 4. Also updated review to include dogecoin. 30th March, Score for regularity of payouts dropped to 1 in light of recent delays in payments.

Stats galore
  • Ease of Use
  • Payout threshold
  • Look and feel
  • Earning potential
  • Regularity of earnings
  • Security options

Summary

One of the newer pools, registration is currently suspended with increasing intervals between paying out. The pool still looks and functions good otherwise, with great in-depth data and regularly expanded features, especially in the area of stats.

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User Review

3.4 (30 votes)

Source: https://bitcoinsinireland.com/bitcoin-affiliate-network-mining-pool-review/

Blockchain

Binance to cease these crypto-derivative offerings in Australia

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Once upon a time, regulators around the world weren’t confident about handling the crypto-ecosystem. This attitude, however, has changed of late thanks to the industry’s growth and the interest it has seen from traditional institutions and major investors.

The aforementioned change isn’t universal, alas, with some crypto-entities still coming under a lot of regulatory fire. Binance is a case in point. The platform has come under increased scrutiny from a growing number of regulators worldwide, including regulatory authorities from the U.K, the U.S, the Netherlands, and Canada.

Australia too has now been added to this ignominious list.

According to an official announcement made by the exchange, Binance will no longer offer Futures and Options trading in Australia. It read,

“As Binance constantly evaluates its product and service offerings to comply with local regulations, we will cease offering the following products to existing Australian users: Futures, Options, Leveraged Tokens”

Moreover, it revealed that ‘existing Australian users will have 90 days to reduce and close their positions for these products.’ Post 23 December, users will no longer be able to manually reduce their positions, and all remaining open positions will cease.

What does this mean for Binance and its executives?

Well, the aforementioned step is in alignment with its executives’ aim – To create a sustainable ecosystem around blockchain technology and digital assets. In fact, according to one of its executives,

“Binance welcomes developments to our industry’s regulatory framework as they pose opportunities for the market players to have greater collaboration with the regulators. We are committed to working constructively in policy-making that seeks to benefit every user.”

This move followed last month’s restrictions on Options, margin products, and leveraged tokens (New accounts were barred from engaging in).

And the “nightmare” continues… 

Binance took a similar hit in a different part of the world less than two weeks ago. It discontinued support for trading pairs in the Singapore dollar (SGD), again due to regulatory crackdown(s).
Binance found itself in troubled waters earlier this year, with regulators around the world zeroing in on the top exchange. The regulatory pressure forced the leading crypto-company to adopt a proactive approach to compliance. That being said, the jury is still out on whether these steps have been making any difference?
Moreover, US authorities are probing possible insider trading and market manipulation allegations involving Binance. The exchange, for its part, has denied these speculations. Binance has a “zero-tolerance policy for insider trading,” a statement said.
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Source: https://ambcrypto.com/binance-to-cease-crypto-derivative-offerings-in-australia

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Robinhood Testing New Cryptocurrency Wallet as Demand Rises

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The millennial-focused trading portal is edging closer to launching a long-awaited app that will enable its growing user-base to send and receive cryptocurrencies.

A beta version of Robinhood’s iPhone app showed the company’s latest upgrades on the new digital asset features, according to Bloomberg.

There is a hidden image showing a waiting list for users eager to get their hands on the app and code referring to crypto transfers, it added.

Delving Deeper into Crypto

Robinhood users can already buy and sell cryptocurrencies on the platform but they need to convert them to and from USD. With a native app, users will be able to send crypto assets to each other directly and set up two-factor authentication for additional security.

Robinhood Chief Executive Officer Vlad Tenev stated that adding crypto wallets is a priority for the company’s developers and they are actively working on such.


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“The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly and properly.”

He did not specify a launch date, but the beta app leak suggests it is not too far away. Users of the new functions will need to activate crypto sending and receiving and the registration page will require an identity check, the report added.

On Sept. 11, CryptoPotato reported that Robinhood had launched incentives to promote longer-term cryptocurrency investing. The zero-fee recurring purchase feature enables users to schedule digital asset purchases for regular intervals with buys as low as a dollar.

This will encourage customers to build their cryptocurrency portfolios over time and “become a whole coiner,” stated Robinhood.

Robinhood Users Hungry For Crypto

Cryptocurrency trading has been one of the biggest drivers of revenue for Robinhood this year. Dogecoin has been the crown jewel, according to the company. It reported that 62% of its $233 million in second-quarter crypto income came from DOGE trading.

It added that more than half of all transaction-based revenue on the platform came from digital asset trading. The firm did warn that Q3 would not be as prosperous due to “seasonal headwinds and lower trading activity across the industry.”

Robinhood share prices have already fallen 43% since their all-time high of a little over $70 in early August. They are currently trading down 1.68% since Monday’s open at $40.70 according to Yahoo! Finance.

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Source: https://cryptopotato.com/robinhood-testing-new-cryptocurrency-wallet-as-demand-rises/

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Blockchain

Snoop Dogg Reveals His Connection With Twitter Account on NFTs

Snoop Dogg Twitter

Rate this post American rapper Snoop Dogg tweeted on Monday that he’s the owner of a Twitter account that talks about nonfungible tokens (NFTs). The account, named @CozomoMedici, shares “insights and tales from the wild world of NFTs” and has 27.7K followers at the moment. Snoop Dog Claims to Be Popular NFT Advocate on Twitter Snoop Dogg left the crypto community stunned this week after he revealed himself as the owner of a Twitter account dedicated to NFTs.  The account Cozomo de’ Medici, named after an Italian banker, is only a month old. However, it has already garnered attention from industry watchers and even a mention from crypto-focused news outlet The Block.   According to The Verge, the person behind the Medici account had been creating hype around their real identity for “at least a few days” and even conducted a poll for their followers to take a guess. The poll featured Democratic congresswoman Alexandria Ocasio-Cortez and Matt Bellamy, the lead singer of the rock band Muse. Snoop, however, was not mentioned in the poll. On September 20, @CozomoMedici tweeted that they were about to reveal their identity from their account. Shortly after, Snoop Dogg tweeted “I am @CozomoMedici.”   Interestingly, after making this revelation, the Medici account bought two weed-themed collectibles from an artist named NyanDogg, The Verge reported. Additionally, Snoop’s alleged OpenSea account has been sent  “a cloud of blunt and Snoop-themed NFTs” following the reveal. Is Medici Account an Elaborate Prank? The Medici account could likely turn out to be an elaborate prank, one that Snoop might have engineered himself or just participated in. Many reactions to Medici’s reveal have also expressed skepticism about Snoop’s involvement. “I have a hard time accepting that this account is Snoop Dogg. Like seriously Snoop Dogg muted his live stream for a week (?) by accident. And he is that deep into NFTs out here owning crypto punks… Owning Eth using OpenSea. Would love that to be true but I can’t believe it,” Twitter user @Brandolf485 wrote in the comments. Nonetheless, the crypto community will have to continue looking for concrete proof till Snoop’s involvement with the account is confirmed. 

The post Snoop Dogg Reveals His Connection With Twitter Account on NFTs appeared first on Cryptoknowmics-Crypto News and Media Platform.

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American rapper Snoop Dogg tweeted on Monday that he’s the owner of a Twitter account that talks about nonfungible tokens (NFTs). The account, named @CozomoMedici, shares “insights and tales from the wild world of NFTs” and has 27.7K followers at the moment.

Snoop Dog Claims to Be Popular NFT Advocate on Twitter

Snoop Dogg left the crypto community stunned this week after he revealed himself as the owner of a Twitter account dedicated to NFTs. 

The account Cozomo de’ Medici, named after an Italian banker, is only a month old. However, it has already garnered attention from industry watchers and even a mention from crypto-focused news outlet The Block.  

According to The Verge, the person behind the Medici account had been creating hype around their real identity for “at least a few days” and even conducted a poll for their followers to take a guess. The poll featured Democratic congresswoman Alexandria Ocasio-Cortez and Matt Bellamy, the lead singer of the rock band Muse. Snoop, however, was not mentioned in the poll.

On September 20, @CozomoMedici tweeted that they were about to reveal their identity from their account. Shortly after, Snoop Dogg tweeted “I am @CozomoMedici.”

Interestingly, after making this revelation, the Medici account bought two weed-themed collectibles from an artist named NyanDogg, The Verge reported. Additionally, Snoop’s alleged OpenSea account has been sent  “a cloud of blunt and Snoop-themed NFTs” following the reveal.

Is Medici Account an Elaborate Prank?

The Medici account could likely turn out to be an elaborate prank, one that Snoop might have engineered himself or just participated in. Many reactions to Medici’s reveal have also expressed skepticism about Snoop’s involvement.

“I have a hard time accepting that this account is Snoop Dogg. Like seriously Snoop Dogg muted his live stream for a week (?) by accident. And he is that deep into NFTs out here owning crypto punks… Owning Eth using OpenSea. Would love that to be true but I can’t believe it,” Twitter user @Brandolf485 wrote in the comments.

Nonetheless, the crypto community will have to continue looking for concrete proof till Snoop’s involvement with the account is confirmed. 

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Source: https://www.cryptoknowmics.com/news/snoop-dogg-reveals-his-connection-with-twitter-account-on-nfts/

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