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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 power overall.The sign-up procedure is extremely simple and you can create a demo miner in order to familiarize yourself with the dashboard.

This section on mining rewards is particularly helpful as it contains a thorough explanation of how pay-outs are quantified by each consumer's scoring hash pace. Should you switch from Slush Pool into another, then attempt to return, your score will drop significantly.Pool fees stand at 2 percent which is somewhat higher than some of the other pools out there.

It is owned and run by Bitmain, a China-based company that 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 installation, to get a quicker and more reliable connection.Once you have set up your account and entered your own wallet address, 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 0.001 BTC.Being the largest pool allows users any perks in that they can choose how they want to get rewarded.

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You can also choose PPLNS (Payment Per Last N Shares) that is absolutely free but AntPool will keep all transaction fees. Currently, there's a new attribute - from June 18th to September 18th there is no pool fee.You can mine if you wish but it's very unlikely you'll make a profit doing this 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 browse this site wallet in addition to its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the best place. 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 time,adds it to the block payoff (currently 12.5 BTC) and then distributes the entire 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 useful, there's no specific getting started guide 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 easily 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 who do choose to register can see more detailed statistics about the mining pool.The payment method utilized 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 charge itself is 0.9percent and transaction fees are included in the block benefit, meaning pay-outs are quite generous relative to rival larger mining pools, although payment may take a while.

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 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 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%. The pool retains all transaction fees.

Also, there is no fee for mining BTM, ZEN and XDAG and this will last until the end of August.The website is currently offering a little extra incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The website itself is well 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 your pool can be a bit tricky as you need to complete a Captcha and verify your identity via text message, meaning you must have access to a mobile phone to begin mining. .