its located in the same city as you and has 0 fees. There have been a tremendous amount of Bitcoin cloud mining scams. 2 Purchase a Plan Purchase a plan according to your budget with the crypto currency you want. So, if your hash power is 1 of the pool total youll get 1.125 BTG (less fees) every time a block is found by the pool. Some are geared more towards luck, while others look to make payouts as fair as possible based on contributed hash power. You may want to learn more detailed information on the best bitcoin mining software.
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Bitcoin, whitepaper by Satoshi Nakamoto.
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How It Works 1 Create your account Set up your account within seconds with Pool -Miner. But pool mining gives more even rewards. If you prefer the ease of use that comes with a GUI, you might want to try EasyMiner which is a click and go windows/Linux/Android program. When I say somewhat close I mean Europeans should choose a mining pool with servers in Europe (possibly as far away as Russia) and North Americans should choose a pool with servers located in North America. It's far more convenient to share the work and split the reward with a much larger group of Bitcoin miners.