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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 power overall.The sign-up process is extremely straightforward and you can produce a presentation miner in order to familiarize yourself with the dashboard.

This section on mining benefits is especially helpful as it contains a detailed explanation of how pay-outs are quantified by each user's scoring hash rate. If you change from Slush Pool into another, then try to return, your score will fall significantly.Pool fees stand at 2 percent that's somewhat higher than some of the additional pools on the market.

It's owned and run by Bitmain, a China-based firm which 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 makes use of an innovative peer reviewed mining protocol to link your device to the one nearest to you during setup, to get a quicker and more reliable connection.Once you've set up 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), assuming that the amount you've mined is at least 0.001 BTC.Being the largest pool allows users any perks in that they can select how they want to get rewarded.

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You can also select PPLNS (Payment Per Last N Stocks ) that is absolutely free but AntPool will continue to 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 will earn a profit doing this unless you've got a colossal amount of hash electricity.

Prior to starting a mining pool in 2016, BTC.com was famous for creating a powerful 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 overall global hash electricity.

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 to the block reward (currently 12.5 BTC) and then distributes the entire to miners as with traditional PPS (Payment Per Share).

For example, the page explaining how FPPS works failed to load, and though the help webpage section of the website is helpful, there is no specific getting started guide 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 this link BTC tool and BTC Smart Agent.A tempting niche option because of relatively 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 the network problem, immediately after a block is found.The pool charge itself is 0.9% and transaction prices are included in the block reward, meaning pay-outs are quite generous relative to equal larger 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 assistance 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 most diverse pools in that while you can mine BTC, F2Pool additionally 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 retains transaction fees.

Additionally, there's absolutely no fee for mining BTM, ZEN and XDAG and this will last until the end of August.The site is 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 helpful information, but non-Chinese customers who need service are encouraged to utilize the official directory 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 also verify your identity via text message, meaning you must have access to a mobile phone to begin mining. .