Grow Your Bitcoin Wallet with Venus Mining.

Two very Venus steps:

Go to your miner's interface. For the POOL URL enter mine.venus.xyz:3334. Some miners may require prefixing this by stratum+tcp:// while others may ask for the port number (3334) separately.

For the Worker or Username enter a Bitcoin address. If you'd like to assign it a public worker name for the stats, append a period followed by whatever name you'd like as such: bitcoinaddress.publicworkername Use anything for the password (eg, “x” is fine).

Note: You can use the same address for multiple miners. Appending additional information to the bitcoin address will allow you to see stats for each miner in the dashboard as well as receive alerts. Miners that do not specify a worker name will see “default” as the name.

In many ways!

First, we are a non-custodial pool. Miners are paid directly by the Bitcoin network. Here is a block found by the pool in 2011 (under the name Eligius). The generation transaction contains over 900 outputs - this is the Bitcoin network paying miners directly. VENUS uses the same transparent method. All VENUS does is coordinate the correct split.

Second, we publish our block templates before solving them. This transparency differs from other pools which do not permit their hashers to know what the block will look like until after/when/if it's irreversibly solved. It's vital for miners to know the details of the block they are working on beforehand so that they can withdraw their hashrate before contributing work toward a block they do not wish to see added to the blockchain.

Third, our reward system is a Transparent Index of Distinct Extended Shares - TIDES - this gives miners the ability to verify that they are getting the exact reward that they should be as and when blocks are found. Any dishonesty by the pool would be immediately provable even before blocks are solved, thus minimizing the need for trust even further. Unlike PPLNS or FPPS, TIDES does not merely approximate reward distributions, so miners are paid the full and exact pro rata portion of their contributed hashrate. More on TIDES below.

VENUS constructs blocks so that miners are paid in the generation transaction whenever possible. This means the Bitcoin network is paying miners directly with VENUS transparently ensuring the rewards are split correctly.

This is a restriction within Bitcoin itself. Freshly mined bitcoins cannot be spent for 100 blocks so as to avoid the disruption that would be caused by spent bitcoins suddenly disappearing should there be a reorganization of the blockchain (aka stale blocks).