Average Ratings 0 Ratings
Average Ratings 2 Ratings
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
WoolyPooly operates as a cryptocurrency mining pool that facilitates the mining of a diverse range of tokens. Renowned for its profitability, WoolyPooly emphasizes low commission rates for both PPLNS and SOLO reward systems. Our community is comprised of seasoned mining pool advocates, miners, entrepreneurs, and developers who contribute to our success. We utilize high-performance, dedicated servers equipped with extensive bandwidth and remarkably low latency to ensure optimal mining conditions. Our strategy revolves around focusing on profitable coins that have active development and a vision for the long haul. We prioritize high trading volume, a skilled team, and easy access to exchanges. With a wide selection of cryptocurrencies available, including ETH, ETC, CFX, Veil, Ergo, and Cortex, miners can effectively utilize their GPU software for profitable returns. Automatic payments are processed once the minimum payout threshold is reached, and there is no limit to how many payments can be made over time. Additionally, some coins, like GRIN, require a substantial number of network confirmations—specifically 1440—before their blocks become accessible for mining. This meticulous approach ensures that our miners are well-equipped to navigate the complexities of cryptocurrency mining while maximizing their returns.
API Access
Has API
No
API Access
Has API
No
Integrations
Ethereum
Yes
Telegram
Yes
Binance
No
Bitcoin
Yes
CoinEx
No
Flux
Yes
MEXC
No
NiceHash
Yes
Integrations
Ethereum
Yes
Telegram
Yes
Binance
Yes
Bitcoin
No
CoinEx
Yes
Flux
No
MEXC
Yes
NiceHash
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
SoloPool.org
Website
solopool.org
Vendor Details
Company Name
WoolyPooly
Website
woolypooly.com/en