Hello everyone, I' am pretty new to all of this and am definitely trying to learn at the best of my abilities. I have some questions and hope that someone can help assist me with regarding AntPool:
1) If I have a hypothetical hash rate of say 4.05 PH/s, how do I calculate the amount of BTC and the transactions fee I will receive?
I checked the AntPool website AntPool Payment Method and Fees, and they have the below formula, but Iam a bit confused
PPS+Block Reward (4%Tx Fee2%)
Earnings = 12.5 BTC * Share Count of 1 Difficulty / Current Network Difficulty + Tx Fee PPLNS
So will the calculations go as follows (August 23 difficulty + hashrate of 4.05 PH/s)
PPS+ Amount: 0.16090651
Transaction Fee: 0.00125503
So technically Ill be earning: 0.16216154
Is this correct? Can someone kindly explain to how I will be accurately calculate how much BTC I will receive if I join the AntPool with a certain hashrate?
2) It seems as though I read here that people are not recommending others to use AntPool. Alternatives include SlushPool, but why is this? AntPool is one of the largest pools. What are the advantages and/or disadvantage for using it? Will it make a difference if say youre a smaller operations v.s. a larger operation?
Any help would help and be very much appreciated. Thank you kindly.