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Coinotron

Posted on 2nd Oct 2019 11:14:54 in Mining Pool

After taking some time for research Coinotron Mining Pool, I have concluded that Coinotron also one of the Oldest Multi Mining Pool still active and runs till today, 2019. Based on my research with Web.archive.org and Domain Registration since there is very limited information about them, actually that Coinotron Domain has been around since 2011-06-09 and according to Web Archive, the first file appears at 3rd July 2011. There is no information on how much impact their bring to the Network Pool and about mining farm they have but still users able to use and join their mining pool.

The Design of Coinotron very simple and clean and I couldn't expect more than this, at very top of the Homepage will find their Logo (actually this logo has been used since 2011) and the right side you will find a breaking news section after that you will find a Navbar with Real-Time, unlike other Mining Pool Coinotron has no any live statistics for their Product unless you access the Statistics page or scroll down to middle section. Middle section mentions their Main Features and Advantages with their Network Pool statistics for each type, from their network hash rate, miners, mining difficulty, prices, with the automate daily profit calculation. The Last thing is footer section I found there is nothing useful except their support email.

Coinotron Homepage
Coinotron Homepage

You have seen their Network hash rate at middle section, now Inside the Statistic page, you will see more detailed information about their block reward status and the reward for workers include the transaction detail, The Help center contains simple but useful information and easy to understand and it includes with Installation tutorial to setup your miners, even there is no Blog section available but there is News section which contains very short yet descriptive. The Last thing is to register your self it's pretty easy and it can be done just by a couple of minutes and the account is very simple and only took an email verification before it activated. the Coinotron site loading quite slow and it took me an average about 3.2 o 3.5 seconds with page size 882KB with 29 HTTPS request but compared to Bitclub Pool it bit slower.

Coinotron Features, Coins & Fees

Long History: There is no clear regulation and law for digital assets or cryptocurrencies even if it there is still on development and creation stage, with that there are so many scams around cryptocurrency and its include Mining Pool, belief or not the Payout History plays a great part for Mining Pools performance.

Layers of Security: Coinotron offers their users another layer of protection for their Mining account, that is 2-Factor Authentication which supported by Google Authenticator, Brute Force and Dictionary Attacks to prevent your account from being hacked.

DDoS Protection: You Mining activity will distrubed if DDoS attack The Network Pool in result Miners disconnected and losing money, Coinotron knows it and prepare DDoS Protection for their Network Pool.

Payout: Frequent payout, Coinotron will pay their Miners at Network every 30 Minutes but I don't think this very useful because most mining pools will be sent the payout automatically when it reach threshold.

More Services: If you have experience or developer this is very Good News, Coinotron offers their users API access, more complete data chart and stratum.

CoinPayoutPPLNSRBPPSPPS
LTC (Litecoin)0.02 LTC1%2%3%
Doge (Dogecoin)200 Doge1.5%--
RVN (Ravencoin)2 RVNFreeFree1.5%
Dash0.02 Dash1%2%3.5%
BTG (Bitcoin Gold)0.01 BTG1%2%4%
ETH (Ethereum)0.02 ETH1%2%-
ETC (Ethereum Classic)0.2 ETC1%2%-
ZEC (Zcash)0.01 ZEC1%2%4%
PASC (Pascal)2 PASC1%2%4%
VIA (Viacoin)0.2 VIA1.5%--
FTC (Feather Coin)2 FTC1.5%--
VTC (Vert Coin)0.2 VTC1%2%-

Coinotron Review & Conclusion

Coinotron is one of the Oldest Multi-Crypto Mining pool and it around since 2011 this is based on my Research as I mention it above, based on their Homepage and design it bit old and it still not mobile-friendly yet and I believe to navigate it much harder from your smartphone. The Coinotron has so many kind reward types, which:

  • PPS - Pay Per Share. Each submitted share is worth a certain amount of coins. It is risky for pool operators.
  • RBPPS - Round-Based Pay Per Share. Like PPS, but payouts are delayed till a block is found and confirmed by the network. If a found block gets orphaned, earnings relative to it are not paid.
  • Prop. - When a block is found, the reward is distributed among all workers proportionally to how many shares each of them has found.
  • DGM - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments.
  • PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.

Coinotron did a very good job by adding multiple layers of security to prevent their users account being hacked and they mind users profits by equipping the Mining Network Pool with anti-DDoS, They self-advertisement their self with how frequent they make payout for their miners which I believe is unnecessary because most Mining Pools services will send the payment after it reach payout threshold while the HELP center very simple, short and very informative.

Coinotron has support so many kind of Tokens or Coins with different payout threshold and fees too, between them some of them is very popular for with investor and miners but unfortunately they still don't support the Greatest and the Most popular coin which is BTC (Bitcoin). 

 

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