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It is the oldest currently active mining pool and has an excellent reputation for stability and accuracy. Currently Slush Pool is the fourth largest mining pool representing around 11.4percent of hash power overall.The sign-up procedure is extremely straightforward and you can produce a demo miner in order to familiarize yourself with the dashboard.

This section on mining rewards is particularly helpful as it contains a detailed explanation of how pay-outs are quantified by each user's scoring hash pace. If you change from Slush Pool to another, then attempt to return, your score will drop significantly.Pool fees stand at 2 percent that's 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 check out our guide to the very best ASIC devices here).AntPool has servers all around the world and uses an innovative peer reviewed mining protocol to link your device to the one nearest to you during setup, to get a faster and more dependable connection.Once you've setup your account and entered your wallet speech, payments are sent every day between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), assuming that the amount you've mined is at least 0.001 BTC.Being the largest pool permits users some perks in that they can select how they want to be rewarded.

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You can also choose PPLNS (Payment Per Last N Shares) that is absolutely free but AntPool will continue to keep all transaction fees. Currently, there's a new feature - from June 18th to September 18th there is no pool fee.You can mine solo if you want but it's very unlikely you will earn a profit doing this unless you have a colossal amount of hash electricity.

Prior to starting a mining pool in 2016, BTC.com was famous for creating a powerful Bitcoin wallet in addition to its own blockchain explorer.BTC.com operates one of the very popular mining pools, vying with AntPool for the top spot. 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 process of rewarding miners known as FPPS (Total Pay Per Share). FPPS computes a standard transaction fee within a given period,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 example, the page explaining how FPPS works failed to load, and though the help section of the site is useful, there is no special 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 easily using BTC tool and BTC Smart Agent.A tempting niche option because of 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 system utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times that the network problem, immediately following a block is found.The pool fee itself is 0.9% and transaction fees are included i thought about this in the block benefit, meaning pay-outs are quite generous relative to rival bigger mining pools, even though payment may take a while.

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 procedure requires 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 also supports Litecoin, Zerocoin, Ethereum, Siacoin, DASH and Monero to name a few.Pay-outs are created at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3 percent. The pool keeps transaction fees.

Also, there's absolutely no charge for mining BTM, ZEN and XDAG and this will continue until the end of August.The site read what he said is also currently offering a little extra incentive to miners. If you mine LTC, you will get 1000 DOGE free.The site itself is well laid out and contains helpful information, but non-Chinese users who need support are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for the swimming can be a little tricky as you need to fill out a Captcha and verify your identity via text message, meaning you must have access to your cellular phone to start mining. .