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Slushpool.com Cloud Mining Review: World First Bitcoin Mining Pool

Bixer Simond by Bixer Simond
10/08/2023
Slushpool.com Cloud Mining Review: World First Bitcoin Mining Pool
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About Slushpool.com

Slushpool.com is the 1st mining pool with more than 1.2M BTC mined since 2010. Explore features such as advanced payouts, monitoring and more. Get instant access to a safe learning environment without the need to connect your mining hardware. The mobile application offers a convenient overview of your dashboard and allows you to receive notifications for significant events of your choice.

Slushpool Cloud Mining monitoring system does exactly that. Each of your workers is constantly monitored as a separate unit and every issue is recorded. If you allow, they will gladly send you notifications of these events either via email or via the lightweight mobile app so you can take the necessary action. They know that one size does not fit all, therefore they allow miners to set up monitoring according to their needs.

BasicDetails
Company NameSlushpool.com
Payment BTC, ZEC
Founded2011
Maintenance FeeZero Maintenance Fee
KYCKYC Is Not requirement
Website LinkHomepage

Just Getting Started

Multilingual Support

They provide quick personal assistance to all of the miners in English, Russian, Chinese, and German.

API & Data Export

Exporting mining and reward data is made straightforward and efficient through API’s as well as CSV and JSON downloads.

VIP Program

Running a large-scale mining operation? Let’s talk about customized solutions to best suit your needs.

Mobile Application

Overview of your mining activity in your pocket. Get notified when there is something needing your attention.

Rewards, Payouts & Fees

The following fees are currently applied by Slush Pool to provide the pool mining service.

General information

  • Proceeds from transaction (network) fees are shared with miners.
  • Payouts are usually processed on an hourly basis, however, the confirmation time may take longer.
  • Payout threshold for withdrawals can be customized in the Settings > selected coin > Payouts menu.
Bitcoin
Pool fee2%
Minimum payout threshold 
(min withdrawal amount)
0.001 BTC
Payout fee0.0001 BTC (only for payouts under 0.01 BTC)
Zcash
Pool fee2%
Minimum payout threshold 
(min withdrawal amount)
0.001 ZEC
Payout fee0.0001 ZEC (only for payouts under 0.01 ZEC)

Hashrate Proof?

Hashrate Proof is a method developed by Slush pool with the aim to prove that the total hashrate of the pool declared by the pool operator is accurate.

Bitcoin Mining Setup on Slush Pool 

1. Get suitable hardware

✓ Bitcoin can be efficiently mined with: ASIC (SHA-256 algorithm) 

✘ Bitcoin cannot be efficiently mined with (unsupported): GPU, CPU, mobile phone

While mining with unsupported hardware might be possible, it will almost certainly be unprofitable. Also, keep in mind that our support team will not be resolving issues related to unsupported hardware.

2. Sign-up for a Slush Pool account

You can use an existing account if you have one. A single account can be used to mine all supported cryptocurrencies.

  • Join the pool – sign-up and wait for the confirmation email.
  • Log into your account.

3. Configure your mining device

Individual hardware manufacturers may have specific settings requirements and different settings interfaces. Please follow their official documentation when setting up your miners. This also applies to cloud mining services.

4. Register your payout address

5. Check if you are mining

Advanced Future Set

Customizable Payouts

Control every detail of your financial flows with our customizable payout system.

Worker Monitoring

Get alerted about changes in your hashrate as soon as they happen with our advanced monitoring system.

Access Management

Safely share access to your pool account with colleagues and integrate APIs without sacrificing the security of your funds.

Download Mobile App

Download the official application for Slush Pool for free – available for Android and Apple iOS for iPhone. Official monitoring app for the world’s first Bitcoin mining pool. The mobile application offers a convenient overview of your mining and allows you to receive notifications for significant events of your choice such as:

– See an overview of your slushpool.com profile dashboard.
– Receive notifications for significant events of your choosing.

Is Slush Pool compatible with NiceHash?

NiceHash is a platform where you can buy hash rate which you can then use on our pool to mine – see What is cloud mining? for more information.

Yes, Slush Pool is compatible with NiceHash services, meaning you can send hash rate bought on Nice hash to Slush Pool. However, they cannot guarantee non-stop compatibility as NiceHash is operated by another 3rd party. 

Tags: How It Work SlushpoolSlushpool.com CloudSlushpool.com Cloud Mining
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .