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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 extremely straightforward and you can produce a presentation miner in order to get familiar with the dashboard.

This section on mining benefits is particularly helpful as it contains a thorough explanation of how pay-outs are quantified by each user'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 which is somewhat higher than some of the other pools on the market.

It is owned and operated by Bitmain, a China-based company which also manufactures the Antminer series of ASIC mining devices (you can check out our guide to the best ASIC devices here).AntPool has servers all around the world and makes use of an innovative peer-to-peer 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 own wallet speech, 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 greatest pool permits users some perks in that they can choose how they want to get 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 feature - from June 18th to September 18th there's no pool fee.You can mine if you wish but it's very unlikely you'll earn a profit doing so unless you have a massive amount of hash electricity.

Before starting a mining pool in 2016, BTC.com was already famous for creating a strong Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the most popular mining pools, vying with AntPool for the top spot. It currently represents over 20% of total global click to read more 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 calculates a standard transaction fee within a given period,adds it to the block reward (currently 12.5 BTC) and then distributes 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 useful, there is no special getting started manual 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 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 used by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times that the network problem, instantly following a block is found.The pool fee itself is 0.9percent and transaction fees are included in the block benefit, 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 why not find out more the BitcoinTalk forum and is extremely prompt to respond to questions about the pool.China-based pool with support for a massive 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.

Additionally, there's absolutely no fee for mining BTM, ZEN and XDAG and this will continue until the end of August.The site 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 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 fill out a Captcha and verify your identity through text message, meaning you must have access to your mobile redirected here phone to start mining. .