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SpiderPool FB Mining Fee Adjustment Announcement

PreviousAnnouncement on the update of FB withdrawal threshold and the addition of income distributionNextSpiderPool to Officially Launch Fractal Bitcoin Solo Mining Pool on September 9th🌟

Last updated 8 months ago

Dear Miners,

SpiderPool, one of the earliest BTC mining pools to support Fractal Bitcoin (FB) mining, was the first pool to mine an FB block and is currently the most profitable pool for FB miners.

Currently, SpiderPool publishes daily mining earnings for the PPLNS model based on real-time coin prices:

  1. On September 9, FB mining earnings were 158.3% higher than BTC.

  2. On September 10, FB mining earnings were 77.6% higher than BTC.

  3. On September 11, FB mining earnings were 207.9% higher than BTC.

  4. On September 12, FB mining earnings were 213.1% higher than BTC.

We are proud to have generated exceptional returns for many miners recently, which proves our success in exploring ecosystem projects. We have decided to resume charging FB mining fees starting from next week (after 8:00 AM, September 16, UTC+8). The details are as follows:

  1. FB permissionless mining pool fee: PPLNS fee of 2%, SOLO fee of 1%

  2. FB merged mining remains free. BTC hashrate participating in merged mining will continue to enjoy a 60-day zero-fee PPLNS benefit.

  3. Special rates for large clients: Clients with 50P or more hashrate can contact our business team or official support via Telegram to apply for discounted rates.

How to connect your hashrate to the pool?

How to check FB earnings?

Currently, users mining FB can view their individual merged FB earnings in the earnings panel, and daily updates of the latest earnings data will be shared in the official community. Your FB earnings from SpiderPool will be automatically distributed the next day to the mining user’s bound FB address without the need for manual withdrawal. If you haven’t bound your FB address yet, please contact customer service to submit your address.

Users can check their balance via:

  1. Entering your sub-account

  2. Selecting “Ecosystem Earnings”

  3. Viewing account balance

Friendly reminders:

1.Both permissionless and merged mining earnings will be displayed in your balance.

2.Balances are updated every 24 hours.

3.The features for FB permissionless mining account overview, account earnings, earnings history, and payment records were officially launched on September 14, 2024, at 00:00 (UTC+8).

FB Mining Earnings Data Overview (September 9–September 12, 2024)

Why choose SpiderPool for FB permissionless mining?

Founded in 2018, SpiderPool is a stable and technically robust self-developed comprehensive mining pool. Through the operation and R&D of ETH and BTC mining pools, we have completed technical verification and accumulated extensive experience. Our tech team consists of developers with over 11 years of industry experience. With more than six years of development, SpiderPool’s BTC mining pool is currently ranked sixth in the global network. As a long-established BTC mining pool, we possess deeper technical expertise and understanding of the BTC ecosystem.

How to participate in Fractal Bitcoin permissionless mining?

  1. After registering with SpiderPool, set up a sub-account and bind your FB wallet address.

  2. Switch your mining machine to SpiderPool’s FB mining node, and configure the sub-account on your machine.

  3. Conduct a small hashrate test first, and once the machine is confirmed online in the SpiderPool sub-account page, you can proceed with mass connection.

If you need Fractal Bitcoin mainnet mining node addresses or further assistance, please contact the official SpiderPool Telegram group admins.

About Fractal Bitcoin:

Fractal Bitcoin improves transaction processing capabilities by adding a fractal layer to the Bitcoin main chain while maintaining full compatibility with the existing Bitcoin ecosystem.

Sincerely,

The SpiderPool Team

September 14, 2024

Email:support@spiderpool.com

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