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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 11.4percent of hash power overall.The sign-up process is extremely simple and you can produce a demo miner in order to familiarize yourself with the dashboard.

This section on mining benefits is especially helpful as it contains a detailed explanation of how pay-outs are measured by every user's scoring hash rate. If you switch 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 on the market.

It's owned and operated by Bitmain, a China-based firm which also manufactures the Antminer series 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 reviewed mining protocol to link your device to the one nearest to you during installation, to get a faster and more reliable connection.Once you've set up your account and entered your own wallet address, 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 greatest pool allows users some perks in that they can choose how they want to get rewarded.

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You can even choose PPLNS (Payment Per Last N Shares) 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 if you wish but it's very unlikely you'll make a profit doing so unless you have a colossal amount of hash electricity.

Before starting a mining pool in 2016, BTC.com was famous for creating a powerful Bitcoin wallet in addition to its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the best spot. It currently represents over 20% of total international hash power.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever go to this site innovative, BTC.com has its own process of rewarding miners known as FPPS (Total Pay Per Share). FPPS computes a standard transaction fee within a given time,adds it to the block payoff (currently 12.5 BTC) and then spreads the whole to miners as with traditional PPS (Payment Per Share).

By way of example, the page explaining how FPPS works failed to load, and while the help section of the site 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 readily using BTC application and BTC Smart Agent.A tempting niche option because of comparatively generous pay-outsNo registration requiredLow pool feesWebsite is very basicKanoPool has been around since 2014.

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However, users who do choose to register can view 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 problem, immediately after 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 bigger 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 regarding the pool.China-based pool together with assistance for a massive 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 most 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 made at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3%. The pool keeps transaction fees.

Also, there is 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 you mine LTC, you will get 1000 DOGE free.The site itself is well laid out and contains helpful information, but non-Chinese customers who need service are encouraged to utilize the official F2Pool English language thread 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 also verify your identity through text message, meaning you must have access to a mobile phone to begin mining. .