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Bitminter - A Mining Pool For BitCoins

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The Bitminter mining pool is operated by the Norwegian company Aesir Financial AS which is wholly owned by Geir Harald Hansen, who wants bitcoin mining to be easy for everyone.

This is one of he oldest mining pools since its release back in 2011, it boasts a user base of 450,000+ registered users.

IMPORTANT: Mining one bitcoin with just a PC now takes millions of years. You'll want a 1 TH/s or faster ASIC machine to start a small mining-at-home operation. Have a look at Antminer from Bitmain and AvalonMiner from Canaan.

Used ASICs are available at EBay and similar places.

Your work is recorded in shifts. When a new block is created you get a share of the income, proportional to how much of the work in the last 10 completed shifts is yours. This reward system is known as PPLNS with shifts. 99% of the mining income (including transaction fee income) is paid out to users.

► Developers website

 

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