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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 largest mining pool representing around 11.4% of hash power overall.The sign-up procedure is extremely straightforward and you can produce a presentation miner in order to familiarize yourself with the dashboard.

This section on mining rewards is especially helpful as it contains a thorough explanation of how pay-outs are quantified by every consumer's scoring hash rate. If you switch from Slush Pool into another, then attempt to return, your score will fall significantly.Pool fees stand at 2% which is a little higher than some of the additional pools out there.

It is owned and operated by Bitmain, a China-based company which also manufactures the Antminer collection 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 makes use of an innovative peer-to-peer mining protocol to link your device to the one nearest to you during installation, for a quicker and more reliable connection.Once you have setup your account and entered your wallet speech, 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 largest pool permits users any perks in that they can choose how they want to get rewarded.

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You can even select PPLNS (Payment Per Last N Stocks ) that is absolutely 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've got a colossal amount of hash power.

Before starting a mining pool in 2016, BTC.com was already famous for creating a powerful Bitcoin wallet in addition to its own blockchain explorer.BTC.com operates one of the very popular mining pools, vying with AntPool for the best place. It currently represents over 20% of overall global hash electricity.

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 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 while the help section of the website is useful, there is 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 tool and BTC Smart Agent.A tempting niche option because of 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 register 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 that the network difficulty, immediately after a block is found.The pool charge itself is 0.9% and transaction fees are included in the block reward, meaning pay-outs are quite generous relative to equal larger 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 with assistance 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 varied 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 made at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3%. The pool keeps transaction fees.

Additionally, there's absolutely 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 like this you mine 1 LTC, you will get 1000 DOGE free.The website itself is well laid out and contains helpful information, but non-Chinese users who need support are encouraged to use the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your pool can Learn More Here 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. .