F2Pool Smart Mining now supports real-time exchange

This year, after the Bitcoin halving caused a decline in mining revenue, more ways to increase income have attracted the attention of miners. Among them, smart mine jumping has become a standard feature of miners as a tool to increase income. After setting up smart mine jumping, the mining pool will monitor the mining revenue of different currencies with the same algorithm and connect the computing power to the currency with higher current revenue for mining.

Smart mine jumping helps you "capture" higher income opportunities in the rapidly changing income. However! There is still a key step to achieve higher income-increasing effects - real-time exchange.

What is the real-time exchange function of Smart Mine?

By using the smart mine-hopping function in F2Pool, you can convert BCH and BSV mined in the mining pool account into BTC in real time, locking in increased income. After setting up real-time exchange, miners do not need to worry about the impact of currency price fluctuations on the income of smart mine-hopping, and save the transaction fees and transfer confirmation time. Currently, the real-time exchange function is only open to users who use BTC smart mine-hopping.

The real-time exchange function is provided by the prime broker CyberX, which was founded in 2016 and is a prime broker in the crypto field, providing services such as transaction execution, liquidity management and custody. F2Pool and CyberX have reached a cooperation this time, and the first batch of services supporting BCH and BSV real-time exchange of BTC will be provided. In the future, more financial products such as digital asset exchange will be provided to F2Pool users, and cooperation will be carried out in resource sharing, market expansion and other aspects.

The first generation of smart mining generally has two settlement methods. One is what you get for mining, that is, miners will receive income in three currencies: BTC, BCH, and BSV; the other is BTC settlement. The mining pool will exchange the three currencies at 09:00 the next day and exchange them into BTC for settlement to the miners. When using the above two settlement methods, the exchanged income will often be less than the income of mining BTC alone due to the fluctuation of the currency price. However, there is no need to worry about using real-time exchange, which can lock in high income in time.

What are the benefits after real-time exchange?

Let’s take a look at the recent data comparison. From the measured data from September 7 to September 13, the BTC income locked after using smart mining and real-time exchange is generally higher than the income of single BTC mining.

How to set up the real-time exchange function of smart mine jumping?

After completing the preparation steps such as account creation, wallet setup, and mining machine setup, the user is connected to the smart mining. After the following two simple steps, the real-time exchange function can be used.

First, select "Payment Settings" in "Account Settings", select "SHA256D", and click "Change Billing Currency".

Then, please select "BTC Settlement Profit". After the setting is successful, it will take effect the next day.

Come to F2Pool now to participate in smart mine jumping and real-time exchange, and win Mid-Autumn Festival gifts!

From now until September 25, if you participate in the smart mine-hopping and follow the above steps to successfully set up the real-time exchange, you can contact the fish pond lady on WeChat (please add WeChat: 17611760179), and the first 30 users will receive a fish pond Mid-Autumn Festival gift box. Come and participate in the real-time exchange and continue to increase your income from mine-hopping!