Hiveon Pool Review

Finding the right mining pool for your cryptocurrency operations can make all the difference, and Hiveon Pool may be just what you need. So, let's find out its features, strengths, and drawbacks in this Hiveon Pool review to have a clear picture of what the mining pool offers.

To start with, is Hiveon Pool good? Well, the platform offers an attractive zero-free structure, allowing miners to maximize their rewards without paying high fees. Additionally, Hiveon Pool gives a sense of control with its powerful analytics and monitoring tools.

Although Hiveon Pool brings forward strong security measures, protecting your crypto holdings requires a proactive approach. That's why hardware wallets like Ledger Nano X, Trezor Safe 5, or Ledger Nano S Plus come in handy to store your hard-earned crypto assets from the Hiveon mining pool. Now, let's see what this platform is all about!

Verdict at a glance: Hiveon Pool is a well-optimized mining pool that offers a streamlined mining experience with its dedicated operating system, built-in calculator, and integrated mobile app. That said, Hiveon Pool's technical system continues to face technical challenges, and the platform isn't exactly beginner-friendly.

What is Hiveon Pool?

Before diving into this Hiveon Pool review, let's understand its essentials. Hiveon Pool is a key component of the platform's overall ecosystem. Mainly, Hiveon Pool focuses on providing a robust and rewarding pool mining experience, appealing to both individual miners and large-scale operations due to its scalability and flexibility.

If you're a cryptocurrency miner who seeks efficient, high-performing mining solutions, the catch with Hiveon Pool lies in its zero-fee structure. Miners, in return, can reap full rewards, which is one significant advantage of Hiveon Pool compared to other options that charge higher fees.

Additionally, the pool supports Ethereum Classic (ETC), Bitcoin (BTC), and Ravencoin (RVN) mining. Whether you're an ASIC or GPU miner, Hiveon Pool has got you covered with its multi-cryptocurrency offerings.

By the way, curious about the differences between ASIC and GPU mining within the Hiveon Pool? The choice mainly comes down to specialization and flexibility.

ASIC mining involves specialized machines that are highly efficient at solving specific algorithms.^[1] On the other hand, GPU mining is more versatile, allowing miners to switch between cryptocurrencies but generally resulting in lower efficiency for specific algorithms.

Now, let’s talk a bit about the history of Hiveon. This platform was founded with the mission of making cryptocurrency mining more efficient and accessible. Additionally, Hiveon is involved in multiple facets of mining, including energy management through Hiveon Energy, which focuses on sustainable energy solutions.

Well, you might be wondering, is Hiveon Pool good? In terms of reputation, it is considered a reliable and transparent mining pool. In addition, the platform has a strong support system, including a comprehensive knowledge base and active community forums.

Hiveon Pool Review: PROS

Still covering the same question, is Hiveon Pool good? Let's explore the benefits of using this mining pool. From streamlined operations to impressive performance improvements, Hiveon Pool offers various advantages that appeal to both new and experienced miners.

Stable Mining Pools for Numerous Cryptocurrencies

Hiveon offers a range of mining pools for popular cryptocurrencies, including Bitcoin (BTC), Ravencoin (RVN), and Ethereum Classic (ETC). For miners looking to maximize their returns while minimizing downtime, these pools provide a great solution. Let’s discuss them further in this Hiveon Pool review.

For those wondering about what mining pools are, they allow multiple miners to combine their computing power to solve complex cryptographic problems more efficiently.^[2] This collective approach ensures more consistent payouts, as rewards are distributed among participants based on the amount of work each miner contributes.

Now, let’s talk about the Bitcoin mining pool on Hiveon. It operates using the Full Pay-Per-Share (FPPS) reward system, which compensates miners for every valid share submitted, regardless of when a block is mined.

As a result, Bitcoin pool miners on Hiveon can receive a more stable income stream compared to traditional methods. With pool fees of only 2.5% and transaction costs fully covered by Hiveon, miners benefit from daily payouts, making the Hiveon BTC pool a reliable choice for those seeking steady earnings.

As for Ravencoin, Hiveon’s pool is particularly attractive to GPU miners. Differently, it utilizes the Pay-Per-Share Plus (PPS+) model, where miners are rewarded for each valid share, along with a portion of the transaction fees from mined blocks.

Additionally, Ravencoin pool fees are just around 0.5%, with no additional charges for Hive OS users. Overall, the Hiveon pool provides an efficient way for miners to maximize profitability while benefiting from stable payouts.

Now, what about Hiveon’s Ethereum Classic mining pool? Well, this particular Hiveon pool offers some of the most competitive terms in the market. With no fees and full coverage of transaction costs, miners can fully take home their earnings. Similar to the Ravencoin mining pool, it uses a PPS+ reward system, ensuring that participants receive payments for all valid shares.

Among all these pools, which one is the best? It depends on your choice, whether you'd like to participate in Bitcoin, Ravencoin, or Ethereum Classic mining. Each of these mining pools, as we've witnessed in this Hiveon review, offers low fees and potentially steady earnings.

Seamless Mining Experience with Hive OS

A key highlight in this Hiveon Pool review is its Hive OS, a dedicated operating system that enhances the mining experience for miners. Built on Linux Ubuntu 16.04 LTS, Hive OS is known for its ease of use and comprehensive management tools, providing a streamlined interface for controlling both GPU and ASIC mining rigs within the Hiveon Pool.

Moreover, Hive OS offers real-time monitoring, allowing users to see up-to-date stats like hash rate, GPU errors, and power consumption without refreshing the page. Thanks to the instant feedback, miners can monitor rig performance closely and make timely adjustments to keep their mining operations running smoothly.

Another standout tool is the heatmap feature, which visually represents the temperature of all mining devices. This tool issues warnings when temperatures hit critical levels, helping prevent overheating and potential hardware damage. It can even initiate an automatic reboot if necessary, adding a layer of protection for your equipment.

Hive OS also supports remote OS updates, reboots, and shutdowns, making it easy to maintain rigs regardless of location. This feature ensures that mining rigs always run on the latest software, minimizing downtime and boosting efficiency.

For more hands-on control, the remote console feature allows users to send commands to their rigs via SSH, Teleconsole, or other tools. Having this level of control is especially useful for troubleshooting or performing complex tasks without physical access to the hardware.

Lastly, Hiveon Pool's Schedules feature lets miners automate certain tasks. For example, you can create events to launch flight sheets or execute specific commands at set times, improving operational efficiency across your mining setup. With automated scheduling, miners can ensure that their workers are managed effectively, even if you aren't actively monitoring them.

So, is Hiveon Pool good? Here's further proof: its Hive OS stands out as a powerful tool within the mining pool. Hive OS empowers miners with the necessary toolkit and automation to optimize and streamline mining operations. Whether you're seasoned or a newcomer, the platform's operating system will surely help with your cryptocurrency mining.

Advanced Mining Calculator

Another standout feature I want to discuss in this Hiveon Pool review is its built-in advanced mining calculator. With it, miners can gain real-time insights into their potential earnings by factoring in current network conditions like hash rate, mining difficulty, and reward rates. The calculator truly helps users simplify their financial planning, especially those looking to optimize their operations continuously.

So, how does this mining calculator work? In short, when a miner inputs their hardware specifications, such as the model of GPU or ASIC miner and energy costs, the calculator will estimate daily, weekly, and monthly earnings.

Let's say I use an Antminer S19 with a hash rate of 95 TH/s and a power consumption of 3,250W. The calculator will provide an earnings forecast based on current Bitcoin prices, network difficulty, and potential power costs. This transparency allows users to adjust strategies or compare equipment based on projected profitability.

One of the primary benefits of Hiveon’s mining calculator is that it enables miners to make informed decisions without switching between multiple tools or websites. Integrated with Hiveon’s ecosystem, the calculator also supports profitability analysis for various cryptocurrencies beyond Bitcoin, like Ethereum Classic and Ravencoin.

For new and experienced miners alike, this calculating tool makes complex profitability forecasting accessible, helping users plan ahead and refine their mining approaches efficiently.

Optimized Mining Operations with Hiveon ASIC Firmware

As mining pools require huge hardware power to dig digital gold, the role of powerful software to sustain your operations becomes critical. That's why I'd like to introduce you to Hiveon ASIC firmware, which is a specialized custom firmware from the platform, in my Hiveon Pool review.

What is it, exactly? The Hiveon ASIC Firmware is a software program designed to enhance the performance and efficiency of ASIC miners, the main hardware used to work with Hiveon Pool aside from GPU miners, especially Bitmain's Antminers.

By installing the firmware onto your miner and connecting it to the Hiveon mining pool's server, you can reduce energy consumption while increasing hash rates. This makes Hiveon's ASIC firmware suitable for both small-scale and large-scale mining operations.

How does this custom ASIC firmware work, specifically? Simply by optimizing the voltage and frequency of ASIC chips, allowing for fine-tuned control over power usage without compromising performance.

Additionally, Hiveon ASIC Firmware comes with several key features, including:

• Immersion Cooling Mode: This feature disables fan checks, allowing the miner to operate in immersion cooling systems without errors.
• Overclocking Profiles: Users can apply custom overclocking settings based on their miner's temperature and power consumption needs.
• Remote Monitoring: Manage mining rigs remotely through Hive OS. Track your hashrate and power consumption or troubleshoot chip errors. Keep yourself updated with alerts to prevent any resource overload.
• Bulk Actions: Hiveon’s firmware allows bulk updates and reboots, reducing the time needed to manage multiple devices.

On top of that, Hiveon ASIC Firmware supports many ASIC miner models, including the popular Bitmain Antminer series (such as S9, S17, S19, and L3). The firmware also extends its compatibility with models from manufacturers like Innosilicon, Avalon, and WhatsMiner, making it a versatile option for various setups.

While I've shown you how Hiveon Pool is good, when you couple your mining operations with the platform's ASIC firmware, you can improve performance and reduce operational costs even further.

Built-In Mining Monitoring Mobile App

Lastly, Hiveon offers a mobile monitoring solution for mining activities. Hive OS Official is available for download on Google Play and App Store. This app helps miners manage their mining operations on the go, providing real-time access to important metrics and controls for their mining rigs. Let’s talk about this app in more detail in this Hiveon review.

Using this mobile app, Hiveon Pool users can monitor key data, such as hash rates, energy consumption, and temperature, directly from their mobile devices. The app will also send you smart notifications to keep you informed, even when you're away from your workstations.

On top of the notifications, Hiveon will also send you alerts for hash rate drops, temperature fluctuations, and other critical metrics, making it easier to take swift corrective actions.

Hive OS Official also provides robust remote management features, allowing users to overclock their rigs, change ASIC firmware, and adjust flight sheets (the configuration used to specify which cryptocurrency to mine). Users can also apply settings to an entire farm or individual devices.

Other features included in this all-in-one mobile app are hash rate watchdog and autofan. Both of them help maintain optimal performance, automatically adjusting settings based on users' predefined parameters.

While the mobile app may be small in comparison to the desktop version of Hive OS, it offers a similar breadth of functionality. Whether you're accessing Hive OS via mobile or PC, you can optimize your setups, monitor your operations, and conduct effective management - wherever you are.

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Hiveon Pool Review: CONS

Is Hiveon Pool good? So far, we've seen the good sides of the mining pool. That said, the platform does have some potential drawbacks. Let's see the areas where the mining pool may fall short and what that means for users in this Hiveon Pool review.

Persistent Issues with Hive OS

Some user Hiveon Pool reviews have reported several issues with the Hive OS, which can impact users' overall mining pool experience. One common complaint is that the system often becomes unresponsive after updates.

For instance, after upgrading the Hive OS kernel, some users encountered significant issues with rejected shares. This can be frustrating, as miners need to troubleshoot or roll back to older versions to resolve such problems.

Another issue reported by users involves intermittent connectivity problems, where rigs stop responding to commands or fail to connect to the Hive OS dashboard despite it showing as online. If such a problem persists, your mining operations will potentially get disrupted or even result in downtime, requiring manual intervention to get the rigs back online.

For miners managing large operations, instability with the Hive OS can be a drawback. After all, every downtime might lead to missed mining opportunities and reduced profitability. Hopefully, Hiveon is in the progress of fixing this problem.

Steep Learning Curve for Beginners

Another drawback I should mention in my Hiveon Pool review is how the platform can present a steep learning curve for beginners due to the extensive range of features and functionalities. When accessing the Hiveon Pool, newcomers need to familiarize themselves with setting up flight sheets, overclocking GPUs, and managing ASIC miners - all of which are highly technical.

For platforms with a broad feature set, such a steep learning curve is pretty common to find. Some user Hiveon Pool reviews report that while the operating system is highly customizable and flexible, getting comfortable with the platform can take time.

However, with persistence, many users report that once they overcome the initial hurdles, the platform becomes easier to manage.

Hiveon Pricing and Fees

After exploring the key benefits and some potential drawbacks in this Hiveon Pool review, you might be wondering about the platform's pricing and fees. You can start mining on Hiveon Pool using the platform's own operating system, which is tied to a subscription plan, or a Windows PC.

If you go with Hive OS, 3% of your mining profits will go to the platform. On top of that, Hive OS offers three main plans, including Start, Personal, and Business, each with a distinct set of features.

Table: Hiveon OS plans and pricing.

Once you've chosen a fitting Hiveon OS tier and connected your devices, you can start earning some rewards on the mining pool. As mentioned in this Hiveon Pool review, the platform supports multiple cryptocurrencies for mining, each offering a specific fee structure:

Table: Hiveon mining pool fee and reward structure.

Additionally, Hiveon offers some bonuses and flexible discounts for customers based on the number of workers they manage. By using Hive OS, you can get up to 2 workers at zero costs when mining Ravencoin or Ethereum Classic on the Hiveon Pool. As for the discounts, they start at 10% for 50 workers and can go up to 50% for operations with 1,000 or more workers.

Miners can also earn a 30% bonus by depositing funds for three months upfront. This bonus can be an attractive option for those looking to maximize their savings.

How to Use Hiveon Pool?

So far, you have the answer to questions like, "Is Hiveon good?". But how to get started? This Hiveon review will not only cover the pros and cons, but also a tutorial on how you can begin mining. Buckle up!

How to Install Hive OS?

Installing Hive OS is relatively easy if you follow the proper steps. Let’s go over the step-by-step guide to help you get started:

Step 1: Go to the Hiveon website and click the [Sign Up] button to create an account. You’ll need to provide an email address and set up a secure password. Once your account is created, confirm your email address by following the verification instructions sent to your inbox.

Step 2: On the Hiveon dashboard, click the pre-made farm under the [Farms] tab.

Step 3: On your pre-made farm page, choose either the [ASIC(s)] or [Rig(s)] option. For example, I chose the Rig(s) option, so I clicked the [Add Rig] button.

Step 4: In the displayed window, select the appropriate option to configure your rig. Let’s say I chose the Simple option, so I clicked the [Install Hive OS to your rig drive].

Step 5: Select the operating system you use. Hive OS is available for download on Windows, Linux and Mac OS. Click the [Download] button to download the installation file.

Step 6: Flash the installation media onto a storage device such as an SSD or USB stick. To do this, use a tool like Balena Etcher. On the pop-up window, click the [Next] button and click the [Download Balena Etcher] button.

Step 7: Connect your SSD or USB to your computer. Make sure Balena Etcher is installed and launch the application. Follow the instructions to create a Hive OS Bootable Drive.

Step 8: Once you’ve created the bootable drive for Hive OS, click the [Next] button until you see the [Download rig.conf] page. Click the [Download] button to download the rig.conf file. Next, add the file to the Hive OS drive folder.

Step 9: Connect Hive OS Bootable Drive to your mining rig and turn it on. Then, wait until the Hiveon worker is revealed on your farm. You may want to check your BIOS settings to ensure you boot from Hive OS Bootable Drive.

Congratulations! You’ve successfully installed Hive OS on your mining rig.

How to Add a Withdrawal Wallet to Hiveon?

Next, in this Hiveon Pool review, let’s go through the steps on how to add a crypto wallet to withdraw your earnings. Follow the steps below:

Step 1: Go to the Hiveon website and log in to your account.

Step 2: Navigate to the [Wallets] tab in the Hiveon dashboard. This is where you’ll manage your withdrawal wallets from different coins.

Step 3: Click the [Add Wallet] button. You’ll be prompted to enter the wallet's details.

Step 4: In the displayed window, select the cryptocurrency you’re mining, such as Ethereum Classic, Bitcoin, or Ravencoin.

Step 5: Enter the address where you’d like your mining rewards to be sent. Hiveon supports various wallet providers, though I'd recommend connecting hardware wallets like Ledger Nano X for enhanced security.

Step 6: Assign a name to the wallet for easy identification.

Step 7: In the Source field, choose one that corresponds with your chosen wallet.

Step 8: Click the [Create] button to finalize the wallet configuration.

That’s all! Now, you can ensure your mining profits are securely sent to your chosen wallet address.

Conclusions

To wrap up this Hiveon Pool review, the mining pool offers a well-rounded suite of tools and features designed for both small and large-scale cryptocurrency miners. With streamlined operations powered by Hive OS, it’s a valuable choice for those aiming to optimize their mining processes efficiently.

As highlighted in this Hiveon Pool review, the platform’s user-friendly functionalities cater to both beginners and experienced miners. While there’s room for improvement, particularly in addressing the occasional stability issues and easing the learning curve, Hiveon Pool remains a solid choice for miners looking for reliability and control.

Hiveon Pool’s commitment to innovation shines through its Hiveon ASIC Firmware and energy management features, allowing miners to reduce costs and improve performance. The pool’s zero-fee structure and reliable payouts are also significant benefits for miners seeking consistent returns.

For those prioritizing asset security, integrating hardware wallets like the Ledger Nano X or Trezor Safe 5 can provide added protection, allowing miners to securely manage their earnings.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. P. Mueller: 'Cryptocurrency Mining: Asymmetric Response to Price Movement';

2. X. Liu, W. Wang, D. Niyato, et al: 'Evolutionary Game for Mining Pool Selection in Blockchain Networks'.