Brief information F2Pool
The F2Pool investment project is an international cryptocurrency mining pool founded in May 2013 by Chun Wang and DiscusFish. It pools miners’ computing power to mine Bitcoin and other cryptocurrencies that use the Proof-of-Work algorithm. According to the company, its services are used by users from 100 countries.
The service is operated by Fram Farm Inc., registered in the British Virgin Islands under number 2138445. Its registered office is at Trinity Chambers, PO Box 4301, Road Town, Tortola, VG1110, British Virgin Islands. The website does not specify either a financial regulator or a mining pool licence.
F2Pool states that it holds a SOC 2 Type II certificate relating to its operational controls; this is not a regulatory authorisation. Customer support is available at support@f2pool.com and via the online help centre.
F2Pool investment plans and returns
The company provides mining pool services. Revenue is generated by providing computing power.
Supported cryptocurrencies include Bitcoin, Bitcoin Cash, Litecoin, Ethereum Classic, Zcash, Dash and others. The methods of paying out rewards and the pool’s commission vary depending on the cryptocurrency. Examples:
Bitcoin: FPPS with a 4% pool fee or PPLNS with a 2% fee;
Bitcoin Cash: PPS with a 3% fee;
Litecoin: PPS with a 4% fee;
Ethereum Classic: PPS with a 1% fee;
Zcash: PPS+ with a 3% fee.
The rates listed represent service fees, not returns on investment. Some cryptocurrencies also support mixed mining, which allows miners to earn additional coins using the same computing power.
Income depends on the hashrate contributed, network difficulty, reward rules and cryptocurrency prices. Profitability is also affected by the cost of equipment, electricity and other operating expenses. Calculators can help you work out an approximate figure.
Registration and personal account on f2pool.com
Registration requires a username, email address and password with confirmation. F2Pool may request identity information for compliance checks; availability depends on the user’s location and the service’s country restrictions.
This account allows miners to manage staff and sub-accounts, monitor hash rate, view rewards and payouts, and set up addresses for receiving funds. Miner statistics are also available.
Deposits and withdrawals with F2Pool
No investment deposit is required to participate. Miners connect compatible equipment to the pool and provide a wallet address to receive rewards. Payouts are made in cryptocurrency.
The published minimum payout thresholds are as follows:
Bitcoin: 0.005 BTC by default;
Bitcoin Cash: 0.01 BCH;
Litecoin: 0.02 LTC;
Dogecoin: 40 DOGE;
Ethereum Classic: from 0.1 ETC.
The thresholds vary depending on the coin, and some of them can be customized in the account settings.
Conclusion about F2Pool
As part of the project, information is published regarding the operator, mining fees and payout thresholds for specific cryptocurrencies. This service is intended for miners who provide computing power; their income fluctuates rather than being based on a fixed rate of return. Before connecting your equipment, it is important to check the cost threshold to understand the final return, and to read reviews of F2Pool on independent websites.
