AntPool: A Closer Look At One Of The Major Crypto Mining Pools
AntPool: A Closer Look at One of the Major Crypto Mining Pools
AntPool is a leading mining pool that has been operating since 2014. It has become a reputable mining pool in the crypto community. The platform currently supports nine cryptocoins and has had few complaints against it.
It is common for all services to get some harsh feedback occasionally. In fact, it would be suspicious if the company did not have any complaints against it for four years since it started operating.
Two people created the service in August 2014. These two are Xin Tian and Lingchao Xu. On fake platforms, there are usually just stock photos with random names. This makes potential customers feel like they are indulging in a reputable company. However, everything else shows the opposite.
It is nice to see that AntPool hold transparency at a high level. In the present time where everything is faked including mining programs, which pop up, make money and disappear.
How AntPool Works
AntPool is crypto mining solution that supports many of the most popular crypto coins such as Litecoin and Bitcoin. The technical team is said to maintain over 2,000 servers, which offers uninterrupted pool maintenance for the various altcoins all year.
AntPool servers are located in nations where the conditions are favorable for mining, and the cost of power is cheap. The dashboard reveals various unique elements at a glance such as the hash rate. In terms of security, there is nothing to worry about if you use the basic set up of an email alert and 2-factor authentication.
The Returns To Expect
This can be hard to answer for newbies. No one guarantees a profit from a mining pool. If you are hopeful of extraordinary returns, that only happens in scams. The only thing that influences your profits is that beginner capital.
There are many other variables such as public interest, mining difficulty of a coin and the market sentiment. Unless you begin with a huge amount of cash, do not have hopes of a high income.
To keep you up to date on what is happening with miners and to ensure flexibility of the monitoring, you only need an internet connection. Users are allowed to have more than a single account. Thus, it is not a problem if you wish to dedicate the hash rate to more than one account without changing the IP address.
On Whois, the details show that it was registered on 04/07/2011. It is set to expire on 04/07/2022. However, there are no contact details provided. The site has some amazing stats globally. This website is ranked 13,805 in China. Globally, it is ranked 33,532. It gets most of its traffic from Iran, China, Venezuela, US, and Russia.
Is AntPool Legit?
The platform is 100% legit. Most newbies join mining pools expecting huge profits. However, that is not how it works in real life. When they join AntPool and see tiny profits for tiny investments, they claim it is a scam. However, it is their fault for having unrealistic expectations.