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

This section on mining rewards is especially helpful because 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 try to return, your score will drop significantly.Pool fees stand at 2% that's somewhat higher than a number of the additional pools out there.

It is owned and operated by Bitmain, a China-based firm that also manufactures the Antminer series of ASIC mining devices (you can check out our guide to the very 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 installation, for a quicker and more dependable connection.Once you've set up 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), provided that the amount you've mined is at least 0.001 BTC.Being the largest pool allows 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 Stocks ) that is absolutely free but AntPool will continue to keep all transaction fees. Currently, there's a new attribute - from June 18th to September 18th there's no pool fee.You can mine solo if you wish 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 spot. It currently represents over 20% of overall international 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 calculates a standard transaction fee within a given time,adds it into the block payoff (currently 12.5 BTC) and then spreads the entire to look at this website 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 useful, there's no special getting started manual 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 readily using BTC tool and BTC Smart Agent.A tempting niche option because of relatively generous pay-outsNo registration requiredLow pool feesWebsite is very basicKanoPool has been around since 2014.

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However, users that do choose to register can view more detailed statistics about the mining pool.The payment system utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times the network problem, immediately following a block is found.The pool fee itself is 0.9percent and transaction fees are included in the block benefit, additional reading meaning pay-outs are quite generous relative to equal larger mining pools, even though payment may take some time.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is extremely prompt to respond to questions about the pool.China-based pool together with support for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up procedure necessitates phoneF2Pool (also known as DiscusFish) is a Chinese-based mining pool and has been operating since 2013.

Its also one of the most varied 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 keeps all transaction fees.

Also, there's absolutely no fee 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'll get 1000 DOGE free.The site itself is nicely laid out and contains useful 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 your pool can be a little tricky as you need to fill out a Captcha and verify your identity via text message, meaning you must have access to a cellular phone to begin mining. .