This SlushPool review (Braiins pool) covers the mining pool’s fees, benefits, drawbacks, and tutorials to help you decide whether to mine with your Antminer S19 on SlushPool.
SlushPool, now named Braiins Pool, is the oldest, most reliable and most trusted Bitcoin mining pool in the cryptocurrency community. This pool was created specifically as a Zcash and Bitcoin pool for multiple coin portfolios. SlushPool (Braiins Pool) is the 1st mining pool with more than 1.2M BTC mined since 2010 and to this day continues to be one of the leading mining pools in the world.
In this SlushPool review, we will examine the workings of this mining pool and point out both its advantages and disadvantages.
Table of Contents
What is Slush Pool Mining
- Average Fee: 2% PPS, PPLNS, Solo, Score
- Server Location: Asia, Europe, Usa, America, Canada
- Supported Coins: BTC, ZEC
- Minimum Payout: 0.001 BTC and 0.001 ZEC.
- Supooted System: SaaS, iPhone, iPad, Android
- Website: https://pool.braiins.com/
Slush Pool is the first publicly available mining pool, first announced in 2010 under the name Bitcoin Pooled Mining Server. Now it is Braiins pool. Slush Pool allows users to mine BTC and ZEC. A 2% fee is charged for mining Zcash and Bitcoin. The transaction fees are split between the miners and the pool.
In order to give its users the best mining performance without running the risk of being vulnerable to intrusion, Slush pool is constantly upgraded. However, the pool has mined more than 11.25 million BTC since its launch in 2010. By giving miners a suitable environment to interact with institutional mining farms, they have triumphantly democratized Bitcoin and Zcash mining.
Additionally, the pool is ASIC-boost compatible and regularly incorporates new features to improve user operations, such as Braiin os+ and Braiin os. The website has a transparent pool statistics section that displays all relevant information, including block history, hash rate proof, JSON stats, and many more.
The pool offers a stats page where miners can look at all the mining pool‘s real-time data. Using this page, real-time data miners can track the total hash rate and percentage used for mining.
Slush Pool Pros and Cons
Excellent customer service is offered by Slush Pool, and it is always accessible. Due to the lack of a chatbox or live chat, users can ask questions on the platform and quickly receive answers in less than 24 hours via emails and tickets.
To help users learn more about how the pool functions, the pool server includes a number of beginner-friendly guides and materials, an FAQ section, a user manual, and a list of common issues and their solutions.
- Teams from slush pools are very knowledgeable about the cryptocurrency space.
- Both their payout process and fees are transparent and clear.
- They have a section for demo accounts where beginners can practice mining.
- The platform has a straightforward and user-friendly interface.
- For each mining operation, they charge a 2% fee.
- On a very secure server, all mining operations are conducted.
- It is the most established, oldest, and trustworthy mining pool.
- The slush pool is run by prestigious companies.
- It is easy to use.
- Their commission rate is modest.
- In Europe, the USA, Asia, Canada, and America, they each have a different server.
- The minimum payout is 0.001 ZEC and 0.001 BTC.
- Merged mining.
- Product for advanced mining.
- It does not have a robust customer support system
- Only ZEC and BTC are supported.
- For some users, the transaction fee is too high.
Slush Pool Fees
For Bitcoin (BTC) withdrawals through the Slush pool, the minimum payout threshold is 0.001 BTC with a pool fee of 2%, and any withdrawal below 0.01 BTC has a transaction fee of 0.0001 BTC. As opposed to Zcash (ZEC), which has a 2% pool fee and a minimum withdrawal amount of 0.001 ZEC.
How to Use Slush Pool
Mining is the process of using computer processing power to protect Bitcoin transactions from being reversed and to add new bitcoins to the system. Transaction fees and fresh bitcoins are given to miners in exchange for their labor.
Anyone could have used a personal computer to mine Bitcoin in its early years. Finding new blocks became more challenging as more people began to mine. Miners started creating pools to keep up with the competition, the first of which is Slush Pool.
Slush Pool enables miners to pool their computational resources and locate blocks more quickly. The likelihood that the pool will discover a block and receive a reward increases with the amount of power generated.
Purchase Slush Pool-Supported ASIC Mining Hardware
The most cutting-edge mining equipment is ASIC mining. They are an excellent option for anyone looking to enter the mining industry because they significantly increase hashing power.
You need SHA-256 algorithm ASIC mining equipment like Antminer S19 series to mine bitcoin Bitmain S19 ASIC miners are the most profitable Bitcoin mining hardware on today’s market.
Although they are still an option for mining some cryptocurrencies, it should be noted that Slush pool does not support GPUs and CPUs.
Join Slush Pool by Creating An Account
Your username, email address, and password will be required. A confirmation email with a link to activate your account will then be sent to you. Once activated, you can log in to Slush Pool and access your dashboard.
Set Up Your Mining Hardware
Set up your ASIC miner in accordance with the manufacturer’s recommendations. Download Braiins OS, a fully open-sourced, custom firmware that enhances your ASIC miner and enables you to mine on any pool, to make the most of Slush Pool. You can also choose to use Braiins OS+, an autotuning firmware that improves your miner’s performance by raising its hashrate while lowering its electricity usage.
Connect Your Miner to the Appropriate Slush Pool Server
If you use Braiins OS or Braiins OS+, you can connect to Stratum V1 or V2 servers in nine different locations to mine bitcoins.
One of the three Zcash mining URLs can be configured by your miner if you’re mining Zcash.
Get a Bitcoin Wallet and Register Your Payout Address
A digital “wallet,” a fictitious bank account that lets you store, send, and receive bitcoins, is where you can keep your bitcoins. For Slush Pool payouts, you must create a bitcoin wallet and register.
Is Slush Pool Mining Legit?
One of the oldest mining pools available today is Slush Pool. It was founded in 2010 and is still operational today. Currently, Satoshi Labs is in charge of Slush Pool. The Czech Republic is the place of origin. English, French, Russian, Spanish, and Chinese are among the five languages that are supported on the pool website. 11% of all cryptocurrency blocks are mined here, according to various sources. The pool becomes one of the biggest as a result.
The fact that here has been mined more than 1 million BTC is well known. Since many users trust the Slush team, the pool is incredibly well-liked.
Slush Pool has high standards for security as well. In case of an emergency, you can lock the wallet address and enable 2FA. The pool’s team can send the miners a read-only token so they can log in again. Your personality can be better understood.
How Others Review SlushPool
Founded in 2010, Slush Pool is a bitcoin mining pool. With over 1% of the network hash rate, Slush Pool was the first mining pool that was made publicly accessible. It is still among the most well-liked pools today. The fact that Slush Pool provides a free trial period is its biggest benefit. Users can then decide if the service is suitable for them after testing it out. Additionally, Slush Pool does not charge any additional fees at the time of payout, and all payments are made in cash. Slush Pool also offers Zcash mining, which is a distinctive feature. With more privacy than Bitcoin, Zcash is a more recent cryptocurrency. Last but not least, Slush Pool has a stellar reputation and has been in business since 2010. Slush Pool’s drawbacks include the absence of standard subscription plans and the fact that only paid users receive round-the-clock support. Additionally, because the service is cloud-based, users must have confidence in the business with their money. And finally, Slush Pool does not support Ethereum mining.
- Lots of long time users
- Very intuitive
- Free version is great
- Instructions are clear
- Better than the rest
- Runs in the background
- Mobile app is bad
- Connection issues
- Bad accessibility
- Data loss
- Money transfer issues
Here is a list of the best bitcoin mining pools available in the market:
- Slush Pool – Best for ASIC miners with high hash rates, free mining with Braiins OS+.
- F2Pool – Best for merged mining 4 cryptos. High-hash-rate ASIC miners; free coins earned while mining bitcoin.
- AntPool – Best for remote management of mining activity and customized low threshold payouts.
- Binance Pool – Best for reinvesting mining incomes to boost Your Mining and Maximize Revenue
- ViaBTC – Best for hash rate trading, loans, and trading crypto.
- BTC.com – Best for Bitcoin and Bitcoin cash mining.
- Poolin – Best for diversified payment modes.
- ECOS – Best for Its operating system, which works with legal status.
- Genesis Mining – Best for beginners who need not own mining hardware.
Conclusion: Try Slush Pool
The service doesn’t, in our opinion, have any significant drawbacks. It’s an old, respectable pool that has long been displaying a high standard. The pool actively entices and helps newcomers. Given its simplicity, it might be a good place for freshmen to start. Each miner might receive some helpful advice from the support.
There are two things that we discovered that might be viewed as deficiencies. There are only two coins: Zcash and Bitcoin. But given the customer-focused service, perhaps new coins will appear soon. For instance, a lot of users beg for Litecoin (LTC) to be included. Litecoin is most likely going to be one of the coins that can be mined in the future.
Some people might also be critical of the cost. That might be a significant barrier to using the pool. However, the service component may be worthwhile because it is so good. Slush Pool comes highly recommended if you’re looking for a pool but don’t know where to begin.
Is Slush Pool Better Than NiceHash?
With a rating of 4 out of 5 stars, NiceHash lags behind Slush Pool’s 4.5 stars. These scores are based on 22 and 4 reviews, respectively
What Other Applications Or Services Does Slush Pool Integrate With?
Bitcoin, Braiins OS+, NiceHash, and Zionodes are all integrated with Slush Pool.
How Do I Set Up a Slush Pool Worker?
Log into your Slush Pool account to create a worker. Bitcoin and Zcash are listed under “Coins” on the dashboard’s left side. We will only outline the steps for Bitcoin workers since the process for setting up workers for both cryptocurrencies is similar.
The Bitcoin menu will first expand once you click the Bitcoin tab. The page for Bitcoin workers will open up when you click on Workers.
Click the Connect Workers tab after that. You will see a popup window asking you to choose the server’s location and the mining protocol. Additionally, the popup will display your user ID, password, and the mining URL you need to set up your miner.
Click on Connected once everything has been set up. Click the Back button to return to the previous screen, where you can now start tracking the state and scoring hashrate of your newly connected Slush Pool worker.