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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 biggest mining pool representing around 11.4% of hash electricity overall.The sign-up procedure is very straightforward and you can produce a presentation miner in order to familiarize yourself with the dashboard.

This section on mining benefits is especially helpful because it contains a detailed explanation of how pay-outs are measured by every consumer's scoring hash pace. Should you change from Slush Pool to another, then try to return, your score will drop significantly.Pool fees stand at 2 percent which is somewhat higher than some of the additional pools on the market.

It is owned and operated by Bitmain, a China-based firm that 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 world and makes use of an innovative peer reviewed mining protocol to link your device to the one nearest to you during setup, to get a quicker and more dependable connection.Once you've setup your account and entered your wallet speech, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided the amount you've mined is at least 0.001 BTC.Being the largest pool permits users any perks in that they can choose how they want to get rewarded.

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

Before starting a mining pool in 2016, BTC.com was famous for creating a powerful Bitcoin wallet as well as its own blockchain explorer.BTC.com operates one of the very popular mining pools, vying with AntPool for the best place. It currently represents over 20% of total international hash power.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its own method of rewarding miners known as FPPS (Full Pay Per Share). FPPS computes a standard transaction fee within a given period,adds it into the block reward (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 while the help section of the website is helpful, there's no specific getting started guide like Slush Pool. We were nevertheless able to find all of the information needed to configure a miner. Windows users can also add and configure miners readily using BTC tool and BTC Smart Agent.A tempting niche option due to relatively generous pay-outsNo registration requiredLow pool feesWebsite is very basicKanoPool has been around since 2014.

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However, users who do choose to register can see more detailed statistics about the mining pool.The payment system utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times the network difficulty, immediately after a block is found.The pool charge itself is 0.9percent and transaction prices are included in the block benefit, meaning pay-outs are quite generous relative to equal bigger mining pools, although payment may take a while.

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

Its also one of the most diverse 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) foundation of negative 3 percent. The pool keeps transaction fees.

Additionally, there's absolutely no charge for mining BTM, ZEN and XDAG and this will continue until the end of August.The site is also currently offering a little additional great site incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The site itself is well laid out and contains helpful information, but non-Chinese customers who need service are encouraged to use the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the swimming can be a little tricky as you need to complete a Captcha and verify your identity via text message, meaning you should have access to a cellular phone to start mining. .