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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.

Description

Ultimus Pool represents an innovative and comprehensive mining pool solution created to deliver user-friendly, dependable, profitable, and compliant services for miners worldwide. By offering advanced features such as user-defined external wallets, both sub and main account structures, adaptable pool fee options, and incentives for environmentally conscious miners based on energy audits, UltimusPool equips miners with leading-edge tools. Our dedicated team of experienced professionals is focused on delivering top-notch services tailored for decentralized networks. In our mission to transform the mining pool landscape, UltimusPool has formed partnerships with CCA and the Energy Web Blockchain, striving to establish a new standard for renewable practices in the industry globally. Additionally, as a crucial strategic partner of Binance Pool, we are committed to democratizing access to mining, ensuring that it is within reach for everyone, and allowing users to enjoy a smooth and efficient mining journey. Ultimately, our goal is to empower miners and foster a more inclusive mining community.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Bitcoin
Ethereum
Flux
NiceHash
Telegram

Integrations

Bitcoin
Ethereum
Flux
NiceHash
Telegram

Pricing Details

No price information available.
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

SoloPool.org

Website

solopool.org

Vendor Details

Company Name

Ultimus Pool

Website

www.ultimuspool.com/en

Product Features

Product Features

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