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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 biggest mining pool representing around 11.4percent of hash electricity overall.The sign-up process is extremely simple and you can create a demo miner in order to get familiar with the dashboard.

This section on mining benefits is particularly helpful as it contains a detailed explanation of how pay-outs are quantified by each consumer's scoring hash rate. If you switch from Slush Pool to another, then try to return, your score will fall 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 operated by Bitmain, a China-based firm that also manufactures the Antminer collection 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 uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during setup, for a quicker and more reliable connection.Once you have 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), provided the amount you've mined is at least 0.001 BTC.Being the largest pool permits users any perks in that they can select how they want to be rewarded.

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You can even choose PPLNS (Payment Per Last N Shares) which is absolutely free but AntPool will keep all transaction fees. Currently, there's a new feature - from June 18th to September 18th there's no pool fee.You can mine solo if you want but it's very unlikely you'll earn a profit doing so unless you have a colossal 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 functions one of the very popular mining pools, vying with AntPool for the top place. 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 process of rewarding miners known as FPPS (Full pay-per Share). FPPS calculates a standard transaction fee within a given time,adds it into the block payoff (currently 12.5 BTC) and then distributes the entire to miners as with traditional PPS (Payment Per Share).

By way of instance, Read Full Report the page explaining how FPPS works failed to load, and though the help section of the website is useful, there is no special getting started manual like Slush Pool. We were nevertheless able to find all 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 why not find out more choose to enroll can view more detailed statistics about the mining pool.The payment method used 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 charge itself is 0.9% and transaction fees are included in the block reward, meaning pay-outs are rather generous relative to rival bigger 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 regarding the pool.China-based pool 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 very 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 retains all transaction fees.

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