How to Connect MicroBT WhatsMiner M50 to BTC.com: 2023 Guide

How to Connect MicroBT WhatsMiner M50 to BTC.com

In this tutorial, we’ll walk you through each step of connecting a MicroBT WhatsMiner M50 to BTC.com.

The MicroBT Whatsminer M50 is a Bitcoin miner. It mines the SHA-256 algorithm, with a maximum hashrate of 114 Th/s and a power consumption of 3306 W.

At an electricity cost of 8¢ /kwH, the MicroBT Whatsminer M50 profitability is $2.52 every 24 hours. The amount of Bitcoin mined in a day is 0.00038365.

Now let’s see how to use MicroBT WhatsMiner M50 to mine on BTC.com.

BTC.com Overview

Operating after AntPool, BTC.com is the second-largest mining pool that generated the most bitcoin blocks over the previous six months. It generated about 16.5% of all bitcoin blocks. At present, Bitmain Technologies Ltd. is the owner., the pool was established in In September 2016, a Chinese company took over management of the same AntPool.

Full pay-per-share (FPPS) payouts are accepted on BTC.com. Supporters claim that this is better for miners because it calculates and raises the standard transaction fee in addition to the regular block rewards, raising the total payout above the typical pay-per-share (PPS) payout. It currently maintains a hashrate of 5.88 Exahashes per second (EH/s).

How to Connect MicroBT WhatsMiner M50 to the BTC.com

BTC.com Pool, a better bitcoin mining pool

Bitcoin.com has created both a wallet and an exchange for cryptocurrencies. Website of this nature: bitcoin.com. Private. Now let’s see how to connect MicroBT WhatsMiner M50 involving the BTC.com

Connect to BTC.com

Account Registration

1. To log in, go to https://pool.btc.com/home.

2. Click the “Register Now” button.

3. By providing the necessary information, create a new account.

Sub-Account Configuration

1. In the top right corner, click the user name to create a sub-account.

2. Fill in the blanks to finish setting up the sub-account.

Miner Configuration

  • Node Selection

When users connect the miner to different nodes in different places, there is a network delay. By choosing the node that is closest to you, you might achieve the best connection.

North China Mining Address:

stratum+tcp://cn.ss.btc.com:1800

stratum+tcp://cn.ss.btc.com:443

stratum+tcp://cn.ss.btc.com:25

South China Mining Address:

stratum+tcp://us.ss.btc.com:1800

stratum+tcp://us.ss.btc.com:443

stratum+tcp://us.ss.btc.com:25

America Mining Address:

stratum+tcp://us.ss.btc.com:1800

stratum+tcp://us.ss.btc.com:443

stratum+tcp://us.ss.btc.com:25

Europe Mining Address:

stratum+tcp://us.ss.btc.com:1800

stratum+tcp://us.ss.btc.com:443

stratum+tcp://us.ss.btc.com:25

  • Miner Settings

Format: Sub-account.miner name

Example: If your sub-account is “btcminer,” then your miner can be set to btcminer.001, btcminer.002, etc., and the miner orders will be sorted by miner name. Please use the password “123” if you’re changing the address in batches.

  • Miner Connection Settings

In the address bar of the LAN-connected web browser, type in the miner’s IP address. The default account is user name “root,” password “root.”

Sub-Account Management

1. After registering for the BTC mining pool, users can create as many sub-accounts as necessary to suit their needs.

In the top right corner, select the active subaccount.

2. Users may edit the addresses and reminders for each sub-account on this page.

Information Modification

Click the “Settings” button in the upper right corner of the website, you can modify your account and address.

Payment Confirmation

Payment Time

BTC Pool settles all profits and sends payment within two hours on the last day at 0:00 UTC.

Confirmation Time

TX confirmation is a slow process on the Bitcoin Network. The wait time could last up to two hours, depending on the state of the network. Customers of BTC Pool are promised prompt payment.

What is a Mining Pool?

The goal of a mining pool is to increase the likelihood of finding a block or otherwise successfully mining for cryptocurrency. A mining pool is a cooperative group of cryptocurrency miners who pool their computational resources over a network.

Each individual miner in a mining pool contributes a portion of their processing power to the block-finding process. If the pool is successful, they will be rewarded, usually in the form of the related cryptocurrency.

Rewards are typically distributed among the participants based on how much of each contributor’s processing power or work was contributed overall. Occasionally, individual miners may be asked to show proof of work in order to receive their rewards. In general, rewards are given to miners based on their individual contributions to the mining activity and the terms outlined in the agreement.

Anyone interested in earning a living by mining cryptocurrencies has two options: they can do it independently using specialized equipment, or they can join a mining pool where several miners pool their equipment to increase the output of hashing. By connecting six mining devices, each of which is capable of producing 335 megahashes per second (MH/s), the processing of the hash function can be done more quickly, for example.

What to Consider When Choosing a Cryptocurrency Mining Pool

There are some things to think about before signing up for a Bitcoin mining pool because it will have both benefits and drawbacks.

Joining a mining pool has a number of definite advantages, to start. The most obvious benefit is that they are accessible entry points into mining and don’t require a significant investment in high-priced equipment. Additionally, since you’re pooling your resources, you have a better chance of realizing some sort of success than you might if you were working alone.

On the other hand, you should keep in mind that you probably won’t make much money, if any at all. You might be dissatisfied with the coins you find if you do decide to mine them because they will be divided up. You should research any pool you’re considering joining because there might be fees associated with joining.

Last but not least, keep in mind that mining is not free. To add your computational power to the pool, you use resources like electricity. It’s possible that you are still spending money even if you don’t bring any coins home.

Conclusion: Connect WhatsMiner M50 to BTC.com

Despite the recent launch of numerous new virtual currencies, bitcoin is still the most popular cryptocurrency. It still reigns supreme for use in financial transactions, mining operations, and having the highest market capitalization.

As a result of rising bitcoin demand and associated bitcoin mining activity, mining pools are gaining popularity among crypto enthusiasts.

How to connect WhatsMiner M50 to BTC.com is demonstrated in the above tutorial. I sincerely hope you can use this tutorial.

FAQs

How Do I Connect to My BTC Pool?

How to Join a Bitcoin Mining Pool

  1. Which pool do you want to join?
  2. Include the stratum addresses of the chosen mining pool in the mining software client.
  3. The wallet you want to add mined coins to must be connected.
  4. Set up your mining client for the mining pool of your choice.

How Do I Connect to Whatsminer?

Log In to the Miner Console

First, you need to open a web browser and enter the miner’s IP address. The default username and password are both “admin,” and an interface will appear that asks you to log in.

How Profitable is the MicroBT Whatsminer M50?

Bitcoin mining is done with the MicroBT Whatsminer M50. At the current BTC price of $23,113.00, the MicroBT Whatsminer M50 is mining $8.87 a day before power cost is subtracted.

At an electricity cost of $0.08 per kwH, the daily profit of this miner would be $2.52.

How Much Bitcoin Does the MicroBT Whatsminer M50 Mine Per Day?

The Whatsminer M50 currently mines 0.00038365 BTC a day.

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