Metaverse Mining Pools Reviews
The way to make mining Metaverse (ETP) more profitable is to become part of a big and reliable pool. The core purpose here is to combine the hashing power of all miners participating. This will increase the total hash rate, which will result in resolving new blocks much faster. Following that pattern, miners get rewarded frequently, corresponding to their effort put in to providing a solution. It is determined by the Metaverse mining pool’s reward system.
Making the right choice is really important, as it will help increase your chances of mining successfully. In this article you will find all the information you need to make this choice and you will also be able to use my calculator to estimate your profits
1.00000000 ETP
| Total Hashrate: | N/A |
|---|---|
| Difficulty Level: | N/A |
Best Metaverse Mining Pools
If you are new at this, probably the easiest way to pick an ETP pool would be by looking at their hash rate. Higher amounts increase the speed with which a new block is found. Lean towards bigger providers, which will result in reliable frequent payouts. Here you can see a list of the best Metaverse mining pools in comparison.
The main parameters are the market share, server locations, reward systems and fees:
| Pool Website | Market Share/Hash PWR | Server Locations | Reward System | Pool Fee | Get all Details |
|---|---|---|---|---|---|
| Dodopool |
39 %
|
EU
|
|
0.5% |
Read Review
|
| etp.sandpool.org |
33 %
|
EU
|
|
0.1% |
Read Review
|
| 2miners |
10 %
|
EU
|
|
1% |
Read Review
|
| etp.altpool.pro |
3 %
|
EU
|
|
1% |
Read Review
|
| cryptopoolpond |
2 %
|
USA
EU
|
|
0%-1% |
Read Review
|
*Estimations are not constant values. The data used is often shifting.
Another thing you should consider is ensuring a 24/7 mining process. Pools rely on hardware and internet. When something goes wrong and they don’t work properly or sometimes even at all, you should be prepared. Register in more than one pool, which mines Metaverse. No matter what the malfunction is, your software will simply move to the next one in line.
The 4 criteria in the table do not represent the entirety of the process. They will, however, give you a starting point. If you’re interested in learning all there is to pools and their different reward systems, I have covered the matter in a separate piece.
Mining Pools Without Registration
The main difference from the registering process as I know it, is the login spot. With pools without such condition, you don’t even load the official website. All you need to do is use the provided URLs and paste them in your mining software. First, take a look at a list with Metaverse mining pools without registration that you can easily join:
| Name | Fee | Pool Url | Worker | Password |
|---|---|---|---|---|
| Dodopool | 0.5% |
|
YOUR Public Metaverse address | Any |
| Sandpool | 0.1% |
|
YOUR Public Metaverse address | Any |
| 2miners | 1% |
|
YOUR Public Metaverse address | Any |
To efficiently mine Metaverse, you will need a GPU rig. To operate it, you just need to download the software compatible with your GPU cards, run it and enter the quick start configuration, that I have provided. What to search for in the console – pool URL address.
How to Calculate Profits from ETP Pool Mining
My calculator can show you how much profit you can make when joining a Metaverse mining pool. It’s very simple to use – you just enter your currency, hash rate, electricity price, power consumption, and the pool fee. Then all you need to do, is click on “calculate”.
Estimating your cloud mining profits is even easier – all need to provide is the hash rate and pool fee percentage. Calculations are based on the current difficulty and market price – numbers that vary greatly over a short period of time. That is why, all values provided by the calculator are only estimates.
The output will show you the profits made in a day, week, month and a year and the approximate amount of coins you will mine. It will also show you how much the electricity will cost for the same time periods. When checking cloud mining calculations, you just have to make sure your profits outweigh the costs.
How to Setup Your Own Metaverse Mining Pool
Setting up your own Metaverse mining pool can be a very profitable undertaking, as you will be able to collect fees from your participants. This will also be contributing to the decentralization of the mining power within the network. However, as appealing as it sounds, it’s not an easy thing to do and you will need a certain level of technical knowledge.
- Dual Core CPU
- 4GB of RAM
- 500GB of hard disk space consider having much more space for multicoin pools
- Unlimited traffic depends on the number of connected users and on the full-node block synchronization
- Dedicated public IP Adress for guaranteed uptime I recommend a VPS
Locations of the Metaverse Pools
The best locations for Metaverse mining pool servers are spread mainly across Europe, England in particular. There are also few across the United States and Russia. They are usually situated near concentrations of active miners, due to the benefits of low latency. These locations are generally places with lower electricity prices and fast internet connectivity, or countries which are among the main producers of mining hardware.
About ETP Mining Pool Centralization
On occasion, in the history of Metaverse, there have been moments where a big portion of the mining power has been “in the hands” of one or a couple of pools. This can be very risky as it significantly increases the chance of a 51% attack, especially in the case of ETP, where proof of work verification is used. This type of attack occurs when someone is controlling a major part of the hashing power and abuses it for their own means. For this to happen, however, it would take a lot of miners to willingly decide to overthrow the network, potentially compromising their profits. Nevertheless, I strongly recommend that you switch to a smaller Metaverse pool in the first instance you suspect there might be a chance of such attack.
| Pool | Hashrate Share |
|---|---|
|
Dodo
|
39% |
|
Sandpool
|
33% |
|
2miners
|
10% |
|
Altpool
|
3% |
|
Cryptopoolpand
|
2% |
|
Other pools
|
13% |
Evolution of Metaverse Mining Pools
The Metaverse blockchain was founded in 2016 and went live later, in 2017. The Metaverse pools have developed alongside the chain. Miners can now benefit from monitoring and the use of VARDIFF (variable difficulty), which is essentially the adjustment of submitted shares, in accordance to the hash rate. The pools offer different reward systems, with the most common one being proportional. The plans for the future of ETP’s blockchain include a lot of updates and enhancements, which could lead to it becoming one of the reliable ones on the market.