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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 electricity overall.The sign-up procedure is extremely straightforward and you can produce a demo miner in order to get familiar with the dash.

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

It is owned and operated by Bitmain, a China-based firm which also manufactures the Antminer collection of ASIC mining devices (you can check out our guide to the best ASIC devices here).AntPool has servers all around the world and uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during setup, for a faster and more reliable connection.Once you have 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), assuming the amount you've mined is 0.001 BTC.Being the largest 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 Shares) that is 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 solo if you wish but it's very unlikely you will earn a profit doing this unless you have a colossal amount of hash electricity.

Prior to starting a mining pool in 2016, BTC.com was already famous for creating a strong Bitcoin wallet in addition to 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 percent of overall international hash power.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its own process of rewarding miners known as FPPS (Total 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 Full Article spreads the entire to miners as with traditional PPS (Payment Per Share).

By way of instance, the page explaining how FPPS works failed to load, and while 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 the information needed to configure a miner. Windows users can also add and configure miners easily using BTC tool and BTC Smart Agent.A tempting niche option due to relatively generous pay-outsNo find more info 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 method utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times the network difficulty, instantly following a block is found.The pool fee itself is 0.9% and transaction fees are included in the block benefit, meaning pay-outs are quite generous relative to equal bigger 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 redirected here regarding the pool.China-based pool together with assistance for a huge 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 created at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3%. The pool retains all transaction fees.

Additionally, there's absolutely no charge for mining BTM, ZEN and XDAG and this will continue until the end of August.The site is currently offering a little extra incentive to miners. If you mine LTC, you will get 1000 DOGE free.The site itself is nicely laid out and contains helpful information, but non-Chinese customers who need service are encouraged to use the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the pool can be a little tricky as you need to complete a Captcha and also verify your identity via text message, meaning you must have access to a mobile phone to begin mining. .