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It's the oldest currently active mining pool and has an excellent reputation for stability and precision. Currently Slush Pool is the fourth largest mining pool representing around 11.4% of hash electricity overall.The sign-up procedure is extremely simple and you can create a demo miner in order to familiarize yourself with the dashboard.

This section on mining rewards is particularly helpful because it contains a detailed explanation of how pay-outs are quantified by every consumer's scoring hash rate. If you change from Slush Pool into another, then try to return, your score will drop significantly.Pool fees stand at 2% that's a little higher than a number of the additional pools on the market.

It's owned and operated by Bitmain, a China-based firm which also manufactures the Antminer series of ASIC mining devices (you can have a look at our guide to the very best ASIC devices here).AntPool has servers all around the globe and uses an innovative peer reviewed mining protocol to link your device to the one nearest to you during setup, for a quicker and more reliable connection.Once you've setup your account and entered your own wallet address, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided that the amount you've mined is at least 0.001 BTC.Being the greatest pool allows users some perks in that they can select how they want to get rewarded.

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You can even choose PPLNS (Payment Per Last N Stocks ) that is free but AntPool will keep all transaction fees. Currently, there is a new attribute - from June 18th to September 18th there is no pool fee.You can mine solo if you wish but it's very unlikely you'll earn a profit doing so unless you've got a colossal amount of hash power.

Before starting a mining pool in 2016, BTC.com was already famous for creating a strong Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the most popular mining pools, vying with AntPool for the top place. It currently represents over 20% of total global hash electricity.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its own process of rewarding miners known as FPPS (Full Pay Per Share). FPPS computes a standard transaction fee within a given time,adds it to the block payoff (currently 12.5 BTC) and then distributes the whole to miners as with traditional PPS (Payment Per Share).

By way of instance, the page explaining how FPPS works failed to load, and though the help section of the website is helpful, there is no special getting started manual as see this site with Slush Pool. We were nevertheless able to find all the information needed to configure a miner. Windows users can also add and configure miners easily using BTC application and BTC Smart Agent.A tempting niche option due to relatively generous pay-outsNo registration requiredLow pool feesWebsite is quite basicKanoPool has been around since 2014.

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However, users who do choose to enroll can see more detailed statistics about the mining pool.The payment method utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times the network problem, immediately after a block is found.The pool fee itself is 0.9percent and transaction prices are included in the block benefit, meaning pay-outs are quite generous relative to rival larger mining pools, even though payment may take some time.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is very prompt to respond to questions about the pool.China-based pool together with support for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process necessitates phoneF2Pool (also known as DiscusFish) is a Chinese-based mining pool and has been operating since 2013.

Its also one of the most varied pools in that while you can mine BTC, F2Pool additionally supports Litecoin, Zerocoin, Ethereum, Siacoin, DASH and Monero to name just a few.Pay-outs are made at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3%. The pool retains all transaction fees.

Also, there is no charge for mining BTM, ZEN and XDAG and this will last until the end of August.The website is currently offering a little additional incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The website itself is nicely laid out and contains helpful information, but non-Chinese customers who need service are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your swimming can be a little tricky as you need to fill out a Captcha and also verify your identity via text message, meaning you should have access to your mobile phone to begin mining. .