Using the BTC Pool. Business portal overview
BTC Pool
BTC Pool is a new Hiveon mining pool designed for profitable Bitcoin mining.
To join the Hiveon BTC Pool, you’ll need to create at least one mining account (or multiple, the sky’s the limit) directly from your main Hiveon user account. If you click Manage mining accounts, you’ll see the list of all accounts set up by you.
Without further ado, let’s dive into the nitty-gritty of how you can actually create and manage your mining account(-s).
Business portal overview
Business portal is a dashboard where you can add mining accounts, see all information about them, and add your wallet addresses for payouts. Navigate to Business portal by clicking the Products menu on the Pool page.
Create a mining account
Think of mining accounts as your unique personality. In real life, you can be both a die-hard football fan and a crypto enthusiast, just like you can own two mining accounts working simultaneously with different settings.
Here’s how to create a new mining account:
1. On the Business portal page, click Add.
2. In the displayed window, fill out the following fields:
- Mining account name—the title for your new mining account
- Description (optional)—a general overview of your mining account
3. Click Next.
After that, the authentication process will start. In the displayed window, you’ll need to provide a verification code sent to your email or a code from your Google Authenticator app. Then, click Submit.
That’s it—you’ve successfully created a new mining account.
Mining account details
By clicking on your mining account, you can see the following details:
- Description—a general overview of this mining account
- Balance—the current amount of BTC coins held on the mining account
- Mining hashrate—the current hashrate value
- Distribution/Payouts—a type of receiving a pool reward. Here, select BTC if you are mining on the BTC Pool.
Add a withdrawal address
After selecting BTC in Distribution/Payouts, you can set a withdrawal address for receiving your mining rewards. Click Add and enter your BTC wallet details. Currently, you can add only one withdrawal address to your mining account. By default, mining rewards are calculated daily.
Once you’ve specified all the necessary information, click Next. Go through the authentication process, click Submit in the displayed window—and your withdrawal address is set.
Payout settings
You can view the basic payout information by clicking on your mining account. Click the three dots menu to change your withdrawal address and provide the necessary BTC wallet details. You can view extended information about your BTC mining accounts on the BTC Pool dashboard.
Payouts are processed daily from 8:00 UTC to 16:00 UTC.
Deactivate a mining account
All mining accounts are engraved on Hiveon’s memory and cannot be deleted from your account. In all seriousness though, we can’t delete them for financial data security purposes.
Instead, we can deactivate mining accounts for you. They won’t function anymore, but they will still show up in the Deactivated accounts list on your Business portal dashboard.
Here’s how to deactivate a mining account:
1. Click on a mining account you want to deactivate, then click on the three dots. 2. In the displayed window, click Deactivate account. 3. In the confirmation window, click Deactivate.
4. In the displayed window, enter the verification code received on your email or from your Google Authenticator application, then click Submit.
After these steps, your mining account will be successfully deactivated.
Now that you know how to create and manage your mining accounts, you’re all set to join the Hiveon BTC Pool and start receiving daily payouts right away.
Happy mining!
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