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

This section on mining benefits is especially helpful as it contains a thorough explanation of how pay-outs are measured by every user's scoring hash pace. Should you change from Slush Pool to another, then try to return, your score will fall significantly.Pool fees stand at 2 percent that's a little higher than some of the other pools out there.

It is owned and operated by Bitmain, a China-based company that 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 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 faster and more reliable connection.Once you've setup 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 the amount you've mined is 0.001 BTC.Being the greatest pool permits users some perks in that they can choose how they want to be rewarded.

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You can even select PPLNS (Payment Per Last N Shares) that is 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 want but it's very unlikely you'll earn a profit doing this unless you've got a colossal amount of hash power.

Before starting a mining pool in 2016, BTC.com was famous for creating a powerful Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the top place. It currently represents over 20% 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 (Total pay-per Share). FPPS computes a standard transaction fee within a given time,adds it to the block payoff (currently 12.5 BTC) and then distributes the whole to miners as with traditional PPS (Payment Per Share).

For instance, the page explaining how FPPS works failed to load, and though the help section of the website is helpful, there's no specific getting started guide 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 readily using BTC application 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 that do choose to enroll 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 charge itself is 0.9% and transaction fees are included in the block benefit, meaning pay-outs are rather generous relative to rival bigger mining pools, even though payment may take a while.

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 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 Homepage 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 retains transaction fees.

Also, there is no fee for mining BTM, ZEN and XDAG and this will continue until the end of August.The website is also currently offering a little additional incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The site itself is well laid out and contains useful information, but non-Chinese customers who need support are encouraged to utilize the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for your 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 your mobile phone to begin mining. .