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It's 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 process is extremely simple and you can create a presentation miner in order to get familiar with the dashboard.

This section on mining rewards is especially helpful as it contains a detailed explanation of how pay-outs are quantified by each consumer's scoring hash rate. Should you change from Slush Pool to another, then attempt to return, your score will drop significantly.Pool fees stand at 2 percent that's a little higher than a number of the additional pools out there.

It's owned and run by Bitmain, a China-based company which also manufactures the Antminer series of ASIC mining apparatus (you can check out our guide to the best ASIC devices here).AntPool has servers all around the world and uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during installation, for a quicker and more dependable connection.Once you've setup your account and entered your own wallet address, payments are sent every day 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 ) which is absolutely 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 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 most popular mining pools, vying with AntPool for the best 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 (Total Pay Per Share). FPPS computes a standard transaction fee within a given period,adds it to the block payoff (currently Click This Link 12.5 BTC) and then distributes the entire 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 website is useful, there is 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 easily using BTC application and BTC Smart Agent.A tempting niche option due to comparatively 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 view 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 the network difficulty, instantly after a block is found.The pool charge itself is 0.9percent and transaction fees are included in the block basics benefit, meaning pay-outs are quite generous relative to equal bigger 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 regarding the pool.China-based pool with support for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process requires 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 also supports Litecoin, Zerocoin, Ethereum, Siacoin, DASH and Monero to name just a few.Pay-outs are created at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3%. The pool retains transaction fees.

Additionally, there's absolutely no fee for mining BTM, ZEN and XDAG and this will last until the end of August.The site is currently offering a little extra incentive to miners. If you mine LTC, you will get 1000 DOGE free.The site itself is nicely 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 your pool 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 your cellular phone to begin mining. .