Within the following e mail Bitminter like different miners have pulled out of mining.
The Bitminter mining pool shut down mining actions on 2020-07-01. The web site will keep up till 2021-06-01 so you’ll be able to money out any cryptocurrency in your account.
Please filter all BTC, BCH and NMC out of your account so nothing is left. In the event you don’t need the NMC then you’ll be able to donate it underneath “my account” -> “donations and perks” within the web site menu. There’s a one-time donation mechanism close to the highest of that web page.
It’s unlucky to should shut down after 9 years of mining. Nevertheless, to maintain going wouldn’t be truthful to the few miners we’ve left within the pool. The efforts of miners who’ve tried to maintain the pool going are enormously appreciated. However the pool has shrunk a lot that we’d by no means discover one other block. Makes an attempt to convey huge miners on board didn’t work out.
An enormous thanks to everybody who mined with Bitminter through the years. This has been a grand journey.
The unique function of Bitminter was to make mining accessible to those that discovered different mining software program tough to function. For a lot of of our person’s mining on this pool was their first expertise with bitcoin. I hope you loved it and that you’re nonetheless a part of the bitcoin neighborhood.Hopefully, Bitminter was a helpful service for you.
Better of luck for the longer term.
—
Greatest regards,
Bitminter.com
What’s Bitcoin mining?
Bitcoin mining is the method that generates new Bitcoins and processes transactions ont he blockchain.
However why has Bitminter and others shut down?
- Mining is now far more tough and requires larger {hardware}
- For the house person, mining bitcoin is out of attain – until you lease miners from somebody like Genesis Mining, you’re actually restricted.
One of many important issues with mining was that there have been plenty of rip-off websites. Even assessments we did, websites got here up and paid out, however then disappeared nearly in a single day. A few of them had been horrible scams and are nonetheless round at the moment. Within the early days, I obtained scammed by them.
You may, in fact, mine different cash like Etherium with your own home laptop. Bitminter has gone and I’d think about that different mining swimming pools will disappear in addition to extra folks go for different funding and crypto methods sooner or later.