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It's 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 power overall.The sign-up procedure is very simple and you can create 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 each consumer's scoring hash pace. If you switch from Slush Pool to another, then attempt to return, your score will drop significantly.Pool fees stand at 2% which is a little higher than a number of the additional pools out there.

It is owned and operated by Bitmain, a China-based firm 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 uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during setup, to get a quicker and more dependable connection.Once you've setup your account and entered your own wallet speech, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided that the amount you've mined is 0.001 BTC.Being the greatest pool allows users any perks in that they can select how they want to be 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 will make a profit doing so unless you have a colossal amount of hash electricity.

Before starting a mining pool in 2016, BTC.com was 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 overall 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 computes a standard transaction fee within a given time,adds it into the block payoff (currently 12.5 BTC) and then spreads the whole to miners as with traditional PPS (Payment Per Share).

By way of example, the page explaining how FPPS works failed to load, and though the help section of the website is helpful, there is no special 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 readily using BTC tool and BTC Smart Agent.A tempting niche option because of relatively 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 method used by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance 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 benefit, meaning pay-outs are rather 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 very prompt to respond to questions regarding the pool.China-based pool with support for a huge 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 varied 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 made at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3%. The pool retains transaction fees.

Additionally, there is no fee for mining BTM, ZEN and XDAG and this will continue until anchor 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 website 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 swimming can be a bit tricky as you need to complete a Captcha and verify your identity via text message, meaning you should have access to a cellular phone to begin mining. .