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It's 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 process is extremely straightforward and you can produce 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 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's owned and run by Bitmain, a China-based company which also manufactures the Antminer collection of ASIC mining apparatus (you can have a look at our guide to the very 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, for a faster and more dependable connection.Once you've set up your account and entered your own 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 0.001 BTC.Being the largest pool allows users some 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 Stocks ) that is free but AntPool will continue to keep all transaction fees. Currently, there's a new attribute - from June 18th to September 18th there's no pool fee.You can mine if you want but it's very unlikely you'll earn a profit doing so 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 in addition to 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 percent of total international 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 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 though the help section of the site is useful, there is no specific getting started manual as with 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 readily using BTC application and BTC Smart Agent.A tempting niche option due to comparatively generous pay-outsNo registration requiredLow pool feesWebsite is quite 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 method used by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times that the network difficulty, 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 quite 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 regarding this post the pool.China-based pool with support for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process necessitates 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 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) foundation of negative 3 percent. The pool important link keeps all transaction fees.

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