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Description
SimpleMining.io is a comprehensive Bitcoin mining enterprise located in Cedar Falls, Iowa, specializing in sales, hosting, and repair services for ASIC miners. With our all-inclusive hosting options, clients can begin hashing immediately upon payment, without the need for a minimum miner count. We provide a transparent billing system, ensuring clients pay solely for their active hashing time, while also enjoying an impressive average uptime of 98.2%. Every hosted miner is entitled to complimentary repairs for the first year, which includes essential components such as fans, control boards, power supply units, and hashboards. The company boasts several hosting facilities throughout Iowa, taking advantage of the region's affordable electricity, cool climates, and renewable energy resources, with 60% derived from wind and solar, to maintain efficient and eco-friendly mining practices. Additionally, our client dashboard allows for real-time tracking of hashrate and overall mining operations, and we have established collaborations with mining pools like Luxor, NiceHash, and Ocean to provide reduced fees for our customers. This commitment to quality and sustainability makes us a preferred choice for Bitcoin miners looking for reliable services.
Description
A solo mining pool is structured such that each miner operates independently, meaning that only the miner who successfully discovers a block receives the entire reward, while others in the pool do not earn anything. The time it takes to find a block relies on both the miner's hashrate and an element of chance. After initiating the mining process, the average hashrate can only be accurately calculated after a minimum duration of 30 minutes. This hashrate assessment is based on the shares submitted by the miner, which may fluctuate compared to the figures displayed in the mining software. Furthermore, mining pools ensure that they only retain your coins for as long as necessary to confirm transactions and process payouts. Each mining pool operates under a reward system tied to block discovery, commonly referred to as SOLO, wherein rewards are granted strictly for finding blocks, with no compensation for submitted shares or time invested. Mining itself is a highly intricate computational task, and results can vary significantly; for instance, a miner might discover nine blocks with a luck value below 20%, yet also hit a block with an astonishing luck value of 700%, illustrating the unpredictable nature of this endeavor. This variability in luck highlights the challenges and excitement that come with solo mining.
API Access
Has API
API Access
Has API
Integrations
Bitcoin
NiceHash
Ethereum
Flux
Luxor
Ocean Protocol
Telegram
Integrations
Bitcoin
NiceHash
Ethereum
Flux
Luxor
Ocean Protocol
Telegram
Pricing Details
Free
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Simple Mining
Founded
2020
Country
United States
Website
www.simplemining.io
Vendor Details
Company Name
SoloPool.org
Website
solopool.org