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It is 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 11.4% of hash electricity overall.The sign-up process is extremely straightforward and you can produce a demo miner in order to familiarize yourself with the dashboard.

This section on mining rewards is especially helpful as it contains a thorough explanation of how pay-outs are quantified by every user's scoring hash rate. If you change 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 a number of the additional pools on the market.

It's owned and operated by Bitmain, a China-based firm which 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 world and makes use of an innovative peer reviewed mining protocol to link your device to the one nearest to you during installation, to get a faster and more reliable connection.Once you have setup 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 0.001 BTC.Being the greatest pool permits users any 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 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 wish but it's very unlikely you'll make a profit doing this unless you have a colossal 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 place. It currently represents over 20 percent of total global 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 Check This Out calculates a standard transaction fee within a given time,adds it into the block reward (currently 12.5 BTC) and then spreads the entire to miners as with traditional PPS (Payment Per Share).

By way of instance, the page explaining how FPPS works failed to load, and while the help section of the website is useful, there's no specific getting started manual 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 easily using BTC application and BTC Smart Agent.A tempting niche option because of 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 view 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 following a block is found.The pool fee itself is 0.9percent and transaction prices are included in the block reward, meaning pay-outs are quite generous relative to browse this site equal larger mining pools, even though payment may take a while.

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 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 made at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3 percent. 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 additional incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The site itself is well laid out and contains useful information, but non-Chinese users who need service are encouraged to use 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 through text message, meaning you must have access to a cellular phone to begin mining. .