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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 create a demo miner in order to familiarize yourself with the dashboard.

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This section on mining benefits is especially helpful because it contains a thorough explanation of how pay-outs are quantified by each consumer's scoring hash pace. Should you change from Slush Pool to another, then try to return, your score will drop significantly.Pool fees stand at 2% that's somewhat higher than a number of the other pools out there.

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It's owned and operated by Bitmain, a China-based firm which also manufactures the Antminer series of ASIC mining apparatus (you can check out our guide to the 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, to get a quicker and more dependable connection.Once you have set up your account and entered your wallet address, payments are sent every day between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided that the amount you've mined is at least 0.001 BTC.Being the greatest pool permits users any perks in that they can select how they want to get rewarded.

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You can also choose PPLNS (Payment Per Last N Shares) which is free but AntPool will keep all transaction fees. Currently, there is a new feature - from June 18th to September 18th there is no pool fee.You can mine solo if you wish but it's very unlikely you'll make a profit doing so unless you have 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 operates one of the most 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 into 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 Get More Information site is useful, there's no special getting started manual 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 easily 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 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, immediately following a block is found.The pool charge itself is 0.9percent and transaction prices are included in the block reward, meaning pay-outs are quite 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 assistance 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 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 all 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 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 use the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for the pool can be a bit tricky as you need to fill out a Captcha and verify your identity via text message, meaning you should have access to a cellular phone to begin mining. .

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