Mining

Monday, September 2, 2019

Ledger Nano Information


Ledger Nano is one of the popular hardware devices for the one interested in the cryptocurrency. This is due to its inexpensive nature combined with easy availability.

Ledger is founded in the year 2014 and its headquarter is located in Paris. This is also the popular Hardware Wallet like Trezor.



This device is small that mimics the shape of the USB pen Drive.  This is a small and compact device. It has two bottoms that are vital in controlling the information.

The working mechanism is simple which involves choosing the PIN and generation of 24-word seed that acts as the private key.

The recovery seed is vital in accessing the account when the device is lost or stolen. 

The hardware device is considered as secure as they use the screen in the device to verify the transaction. This prevents hackers from accessing the wallet even if they gain control over the computer.

Precaution While Buying


It is vital to buy the Ledger Nano from the official site and store. Buying ledger Nano from random sites exposes the risk of malware and other infection.

Supported Coin


Ledger Nano can support more than one thousand coins. The dominant coin like Bitcoin, Bcash, Binance coin, Cardano, Dogecoin, Etherium, and others are included.

How to Transfer Cryptocoin in Ledger Nano


Transferring the coin from the currency exchange to the Ledger Nano involves a simple process. Upon opening the Ledger live application passport is inserted. The receive on the left hand Manu needs to be selected. The QR code or Wallet address need to insert in the sending address.

In the menu, the account is chosen.

The device does not need to be online for sending of the cryptocurrency.

Summery


Ledger Nano is one of the popular hardware wallets available for the storing of the cryptocurrency. This is due to the enhanced security followed by the low price of the Device. Anyone cautious about the security of crypto coins can use the Ledger Nano.

Sunday, September 1, 2019

Trezor Hardware Wallet


Hardware wallets are considered as the sure ways to store the cryptocurrency. Depending on the types it can support the given type of crypto coins.

A hardware wallet is expensive compared to other options available. But is the reliable option for the one wishing to store a large volume of Coin.


The hardware wallet is a small key sized device that is connected to a computer through USB cable.

Among the various kinds and types of Hardware wallet Trezor, a wallet is one of the popular ones.

Trezor wallet is launched in the year 2014 and is one of the trusted wallets available.

Why Trezor Wallet Safe


Trezor wallet is considered as the safe options available. Unlike the traditional wallet where the private key is kept in the mobile and desktop computer.

In the Trezor wallet, the private key is stored in the physical device. They are not connecting to Internet services that reduce the risk of dupe.

How to Set Up Trezor Wallet


First, connect the Trezor to a computer by using the USB cable. Visiting Trezor.io/start is advised.

The second step is to visit Wallet.Trezor.io and the latest Firmware needs to be installed. New Trezor lacks Firmware due to security reasons. The continue button needs to click on the Trezor.

The third steps are to plug out the device and plug it again. It is advised to visit Wallet.TREZOR.io. The device name can be given.

Fourth Step is to select the Pin on the browser. The unique combination of the 24 words is often referred to as the recovery seed that needs to be noted. This is vital to recover the account when the device is lost.

The final step is to visit the wallet.TREZOR.io and enter the pin. The name and pin can be changed later.

Trezor Hardware Supported Coin


Trezor hardware wallet can support more than 1000 crypto assets. These include the dominant coin like Bitcoin, Litecoin, Ethereum, and others.

Summery


A hardware wallet is the best way to store the cryptocurrency. Trezor is one of the popular hardware wallets available. Anyone serious in the cryptocurrency needs to have the hardware wallet.


Saturday, August 31, 2019

Best Monero Mining Pool


Monero (XMR) is the cryptocurrency based on the blockchain technology. The official website claims to be the private, secure and untraceable digital currency.

This currency platform uses the obscure public leader, which makes difficult to trace the source, destination and amount.


Monero was released in the year 2014 and was updated in the 2019.

The new coin is issued on the basis of proof of work mechanism. The new coin is to incentivize the miners, which in turn makes the network secure and validate the transaction.

The low fees, reliable payout options, server location needs to be analyzed carefully before joining the mining pool.

Monero Mining Pool


The best Monero mining pool available is

NanoPool


This pool is based on China and has gained a good reputation for the mining of cryptocurrency. The fee rates are low which is considered lucrative.


SupernovaPool


Supernova pool is one of the best mining pools available. This multicurrency pool is also suitable for the mining of Monero.

SupportXMR


The low fee that is 0.6% and minimum payout are appealing to the miners. The miners are paid every 2-hour while mining.

SupportXMR supports the mining of Monero only.

MinerGate


This is the popular mining pool available for the mining of the Crypto including Monero. The benefits of using this pool are its low fee that is 1%, Regular payouts, and it contributes a significant amount of hash power.


Xmrpool.net


The low fee combined with the high performance of this pool is highly praised.
This is also one of the noticed mining pool for Monero.

MineXMR    


The unique minimum payout followed by the adequate hashing power of the pool is the reason for the popularity.

Summery


Mining pool selection is vital to get adequate profit. It is essential to take careful consideration of fees, payment options, and server location before joining the mining pool. There are some mining pools available for a specific currency, which can be the lucrative option available.

Friday, August 30, 2019

Best Zcash Mining Pool


Zcash is one of the popular cryptocurrency in circulation. It has robust privacy compared to other cryptocurrencies.

It offers two addresses one is the transparent that is visible to the public whereas another address is a shielded address that is private.


It was released in 2016 and was updated in 2019. Zcash has the fixed supply that is only 21 million the coin.

There are multiple Zcash mining pools available that asset in the mining of Zcash. The lower fees and higher payout pool are considered profitable.


Zcash Mining Pool


Some of the popular Zcash Mining Pool are

Nanopool


This is the most popular mining pool available for the Zcash. It has a low mining fee that is 1% and instant payout options. The servers of Nanopool are located in Europe, Australia, and Asia.

FlyPool


Flypool is one of the reliable mining pools available for Zcash. The fee rate is low and its server is located in Asia, Europe, and the United State.

It has the instant payout options and offers the anonymous mining options.

Supernovapool


This is the multicurrency mining pool that offers to mine anonymously. The server of the pool is located in Asia, Europe, and the United State.

Mining Pool Hub


This is the multicurrency mining pool. This has a low mining fee that is 0.9%. The server of the MiningPoolHub is located in the United States, Asia, and Europe.

F2Pool


F2Pool is one of the popular Zcash mining pool located in the China. It offers an automatic payout when the minimum threshold is reached.

SlushPool


SlushPool is credited for being the first Public pool available for the mining. It is in business since 2010. Upon reaching the threshold the reward is sent to an individual address.

Summery


Zcash is one of the popular cryptocurrency in circulation with high market capitalization. There is various pool available for mining. It is essential to review the mining pool before using them. The fee structure followed by minimum payout needs to be carefully understood.

Ledger Nano Information

Ledger Nano is one of the popular hardware devices for the one interested in the cryptocurrency. This is due to its inexpensive...