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It is 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 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 measured by each consumer's scoring hash rate. Should you switch from Slush Pool into another, then try to return, your score will fall significantly.Pool fees stand at 2% that's a little higher than a number of the additional pools out there.

It's owned and operated by Bitmain, a China-based company that also manufactures the Antminer series of ASIC mining devices (you can have a look at our guide to the 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 quicker and more reliable connection.Once you've setup your account and entered your wallet address, 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 some perks in that they can select how they want to be rewarded.

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You can even select PPLNS (Payment Per Last N Stocks ) that is free but AntPool will keep all transaction fees. Currently, there is a new feature - from June 18th to September 18th there is no pool fee.You can mine if you want but it's very unlikely you'll 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 strong Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the top spot. It currently represents over 20 percent of overall 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 time,adds it to the block payoff (currently 12.5 BTC) and then spreads the whole to miners as with traditional PPS (Payment Per Share).

For example, the page explaining how FPPS works failed to load, and though the help section of the website is helpful, there's 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 application and BTC Smart Agent.A tempting niche option because of relatively generous pay-outsNo registration requiredLow pool feesWebsite is very basicKanoPool has been around since 2014.

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However, users that do choose to register can see more detailed statistics about the mining pool.The payment system used by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times that the network problem, instantly after a block is found.The pool charge itself is 0.9% and transaction fees are included in the block benefit, meaning pay-outs are rather 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 extremely prompt to respond to questions about 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 very 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 created at midnight UTC see this site each day on a PPS (Payment Per Share) foundation 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 website is currently offering a little extra incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The site itself is well laid out and contains useful information, but non-Chinese customers who need service are encouraged to utilize the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for your swimming have a peek at this website can be a little tricky as you need to fill out a Captcha and also verify your identity through text message, meaning you must have access to your mobile phone to start mining. .