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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 largest mining pool representing around 11.4% of hash electricity overall.The sign-up procedure is extremely simple and you can produce a presentation miner in order to familiarize yourself with the dash.

This section on mining rewards is particularly helpful as it contains a thorough explanation of how pay-outs are quantified by every consumer's scoring hash rate. Should you change from Slush Pool into another, then try to return, your score will drop significantly.Pool fees stand at 2 percent that's somewhat higher than some of the other pools on the market.

It is 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 globe 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 reliable connection.Once you've set up 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), assuming the amount you've mined is at least 0.001 BTC.Being the greatest pool allows users some perks in that they can choose how they want to be rewarded.

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You can also choose PPLNS (Payment Per Last N Shares) 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 wish but it's very unlikely you'll make a profit doing this unless you've got a massive amount of hash power.

Prior to starting a mining pool in 2016, BTC.com was famous for creating a strong Bitcoin wallet as well as Full Report 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 percent of total global hash electricity.

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 calculates a standard transaction fee within a given period,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 while the help section of the site is helpful, there is no specific getting started guide as 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 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 that the network difficulty, instantly after a block is found.The pool charge itself is 0.9percent and transaction fees are included in the block benefit, meaning pay-outs are quite generous relative to equal larger mining pools, although payment may take some time.

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 requires 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 created at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3%. The pool keeps all transaction fees.

Also, there's absolutely no charge for mining BTM, ZEN and XDAG and this will last until the end of August.The website is also currently offering a little extra incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The site itself is nicely laid out and contains useful information, but non-Chinese users who need support are encouraged to use the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the swimming can be a bit tricky as you need to complete a Captcha and verify your identity via text message, meaning you should have access to your mobile phone to begin mining. .