Miners can't track their earnings from a block reward to their wallets. This is essential because most miners nowadays invest a lot in hardware and so need to know exactly how much money they pay for the pool’s service. Miners need to be sure that amounts displayed are real and that they are not being cheated.
It’s essential to track information such as GPU/CPU temperature and fan speed in order to prolong the operational lifespan of costly hardware. It is preferable to display this data using charts and to let miners themselves set up exactly what they want to see. Miners need software that notifies them automatically when to make the necessary adjustments to their hardware.
WhalesBurg initial goal was to develop a mining pool with a hundred of the most valuable proof-of-work (PoW) coins. The project started gathering information, looking into open source solutions, and speaking to miners and investors within the mining industry. Whalesburg also looked into trading on cryptocurrency exchanges and building rigs.
This process gave WhalesBurg a deeper understanding of the market and, crucially, allowed the project to see exactly what needs improvement in the mining sphere. A suite of software that would solve all the problems encountered simply did not exist. And so, knowing that the best products are born of necessity, Whalesburg decided to build exactly what was needed.
WHALESBURG: INTRODUCTION
Whalesburg is a mining software bundle which incorporates three components: multi-currency mining pool with a profit-switching algorithm, remote hardware monitoring software and a large-scale overclocking tool. The team have released proof-of-concept version and updated it to an MVP which is a stand-alone working product. Mining community has welcomed Whalesburg Smart Mining Pool - our first product that brings profit-switching algorithm, transparent fees and great user experience. Miners will need to hodl a certain amount of WBT to be able to use the platform and voting system (decentralized governance).
Whalesburg software has three primary goals:
- Simplify the setup of your mining operation.
- Increase your yield.
- Offer you the best time-saving mining tools.
It consists of five main parts:
- Multi-currency mining pool.
- Operating system.
- Whalesburg Cloud.
- Profit-switching solution.
- Hardware monitoring & management software.
WHALESBURG is the first crypto-mining platform with an profit-switching algorithm!
The Whalesburg solution brings security, exceptional user experience, and - for enterprise level miners - instant scalability. The difference between Whaleburg and other well-known players in the space like NiceHash, ethOS, and Mining Pool Hub is that Whaleburg offers, for the first time, an all-in-one solution.
WhalesBurg software bundle integrates the following key features:
- Anonymity
Only your email and wallet addresses are needed.
- Transparency
You can track income with the help of a blockchain scanner tool which displays all the transactions from Coinbase including conversion rates and amounts. This lets you be sure there is no fraud in the system.
- Smart-Switching
Our agents gather information about your hardware and calculate the most profitable option to mine in real-time. This way, you no longer need to monitor prices, difficulties, or mining effectiveness for each coin you are interested in.
- More Coins
As a multi-pool, you will be able to mine an astonishing number of coins; some you may not have had time to study, others may not even have heard of. Our software provides you with a fast and easy way to switch between different coins.
- Proportional Rewards
Whalesburg mining pool offers Pay Per Last N Shares (PPLNS), a proportional rewards configuration with shared transaction fees. Confirmations needed depend on the blockchain of the cryptocurrency you mine. The pool takes a 0,45% - 3% fee for each confirmed block. The more WBT tokens you stack the cheaper the fee is. (Please refer to the “tier system “ section below.)
Only your email and wallet addresses are needed.
You can track income with the help of a blockchain scanner tool which displays all the transactions from Coinbase including conversion rates and amounts. This lets you be sure there is no fraud in the system.
Our agents gather information about your hardware and calculate the most profitable option to mine in real-time. This way, you no longer need to monitor prices, difficulties, or mining effectiveness for each coin you are interested in.
As a multi-pool, you will be able to mine an astonishing number of coins; some you may not have had time to study, others may not even have heard of. Our software provides you with a fast and easy way to switch between different coins.
Whalesburg mining pool offers Pay Per Last N Shares (PPLNS), a proportional rewards configuration with shared transaction fees. Confirmations needed depend on the blockchain of the cryptocurrency you mine. The pool takes a 0,45% - 3% fee for each confirmed block. The more WBT tokens you stack the cheaper the fee is. (Please refer to the “tier system “ section below.)
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Source : https://tge.whalesburg.com/whitepaper
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