F2pool recently launched the Fractal Bitcoin (FB) mining pool, offering two options for miners: permissionless mining and merged mining with Bitcoin (BTC). The FB mining pool operates using a 1% PPLNS payout scheme, which calculates rewards based on the miner’s work over the last “N” shares. This system ensures fair distribution for consistent contributors.
F2Pool, a leading player in the cryptocurrency mining world, has become a cornerstone of the Bitcoin ecosystem.
Founded in 2013, the pool supports a range of cryptocurrencies and enables miners to collaborate by pooling their resources to maximize computational power and efficiency.
Known for its transparency and reliability, F2Pool uses the Pay-Per-Last-N-Shares (PPLNS) payout method, rewarding miners based on their contribution to the network’s hashing power.
This model has attracted a vast number of users globally, making F2Pool one of the most trusted and widely used mining pools, significantly influencing the cryptocurrency mining landscape.
In permissionless mining, users register with f2pool, configure their machines, and log in to view real-time mining data. The process requires miners to select the FB coin type for payout operations and wallet setup to avoid losing rewards.
For merged mining, miners can combine BTC mining with FB mining by linking their FB wallet to their BTC account. Once this is done, they can receive FB rewards alongside their BTC mining efforts.
To prevent reward loss, miners must add a Fractal Bitcoin mainnet wallet before starting the process. Mining rewards and data are separated between the two systems, and they can’t be combined. For both methods, miners should follow detailed setup tutorials to ensure smooth operation.
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