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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 11.4percent of hash electricity overall.The sign-up procedure is very simple and you can create a demo miner in order to familiarize yourself with the dashboard.

This section on mining benefits is especially helpful because it contains a thorough explanation of how pay-outs are measured by each user's scoring hash rate. Should you switch from Slush Pool to another, then try to return, your score will drop significantly.Pool fees stand at 2 percent which is a little higher than some of the additional pools out there.

It is owned and run by Bitmain, a China-based company which also manufactures the Antminer series of ASIC mining devices (you can check out our guide to the very best ASIC devices here).AntPool has servers all around the globe and makes use of an innovative peer-to-peer mining protocol to link your device to the one nearest to you during setup, for a faster and more dependable 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), assuming that 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 also 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 solo if you wish but it's very unlikely you'll earn a profit doing so unless you have a colossal amount of hash electricity.

Prior to starting a mining pool in 2016, BTC.com was already famous for creating a strong 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 place. It currently represents over 20% of overall international hash power.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its pop over to these guys 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 reward (currently 12.5 BTC) and then spreads the whole to miners as with traditional PPS (Payment Per Share).

For instance, the page explaining how FPPS works failed to load, and while the help section of the website is helpful, there is no specific 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 due to comparatively 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 case is five times the network difficulty, instantly after a block is found.The pool fee itself is 0.9% and transaction prices are included in the block benefit, meaning pay-outs are rather generous relative to equal bigger mining pools, although payment may take some time.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is very 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 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 diverse 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 keeps all transaction fees.

Also, there's absolutely no charge for mining BTM, ZEN and XDAG and this will continue 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 website itself is well laid out and contains helpful information, but non-Chinese customers who need support are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The see it here sign-up process for the swimming can be a little tricky as you need to complete a Captcha and also verify your identity via text message, meaning you should have access to your mobile phone to start mining. .