mirror of
https://github.com/funkypenguin/geek-cookbook/
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59 lines
3.1 KiB
Markdown
59 lines
3.1 KiB
Markdown
!!! warning
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This is not a complete recipe - it's a component of the [cryptominer](/recipes/cryptominer/) "_uber-recipe_", but has been split into its own page to reduce complexity.
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# Mining Pools
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You and your puny GPUs don't have a snowball's chance of mining a block on your own. Your only option is to join a mass mining conglomerate (_a mining pool_), throw in your share of the effort for a share of the reward.
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## Preparation
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### Setup accounts at mining pools
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This'll save you some frustration later... Next time you're watching a movie or doing something mindless, visit http://whattomine.com/, and take note of the 10-15 most profitable coins for your GPU type(s).
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On your [exchanges](/recipes/cryptominer/exchange/), identify the "_deposit address_" for each popular coin, and note them down for the next step.
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!!! note
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If you're wanting to mine directly to a wallet for long-term holding, then substitute your wallet public address for this deposit address.
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Now work your way through the following list of pools, creating an account on each one you want as you go. In the case of each pool/coin, setup your "payout address" to match your change address for the coin (above).
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* [Mining Pool Hub](https://miningpoolhub.com/) (Lots of coins)
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* [NiceHash](https://nicehash.com) (Ethereum, Decred)
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* [suprnova](https://suprnova.cc/) - Lots of coins, but, you generally need a separate login for each pool. You _also_ need to create a worker in each pool with a common username and password, for [Minerhotel](/recipes/crytominer/minerhotel/).
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* [nanopool](https://nanopool.org/) (Ethereum, Ethereum Classic, SiaCoin, ZCash, Monero, Pascal and Electroneum)
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* [slushpool](https://slushpool.com/home/) (BTC and ZCash)
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## Serving
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### Avoid fees
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As noted by IronicBadger [here](https://www.linuxserver.io/2018/01/20/how-to-build-a-cryptocurrency-mining-rig/), the name of the game is avoiding fees where possible. Here are a few tips:
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* [Mining Pool Hub](https://miningpoolhub.com/) is a popular pool for multiple coins, and it allows you (_for a fee_) to auto-exchange the coins you mine for coins that you actually _want_.
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* [NiceHash](https://nicehash.com) will allow you to send your earned bitcoin (_whatever you mine, they pay you in bitcoin_) to coinbase for free.
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## Continue your adventure
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Now, continue to the next stage of your grand mining adventure:
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1. Build your [mining rig](/recipes/cryptominer/mining-rig/) 💻
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2. Setup your [AMD](/recipes/cryptominer/amd-gpu/) or [Nvidia](/recipes/cryptominer/nvidia-gpu/) GPUs 🎨
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3. Sign up for [mining pools](/recipes/cryptominer/mining-pool/) :swimmer:
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4. Setup your miners with [Miner Hotel](/recipes/cryptominer/minerhotel/) 🏨
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5. Send your coins to exchanges (_This page_) or [wallets](/recipes/cryptominer/wallet/) 💹
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6. [Monitor](/recipes/cryptominer/monitor/) your empire :heartbeat:
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7. [Profit](/recipes/cryptominer/profit/)! 💰
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## Chef's Notes
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### Tip your waiter (support me) 👏
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Did you receive excellent service? Want to make your waiter happy? (_..and support development of current and future recipes!_) See the [support](/support/) page for (_free or paid)_ ways to say thank you! 👏
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### Your comments? 💬
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