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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 produce a demo 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 measured by every user's scoring hash pace. If you switch from Slush Pool into another, then try to return, your score will drop significantly.Pool fees stand at 2 percent that's somewhat higher than a number of the additional pools out there.

It is owned and run by Bitmain, a China-based firm that 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 globe and makes use of an innovative peer-to-peer mining protocol to link your device to the one nearest to you during installation, to get a faster and more dependable connection.Once you've 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), assuming that the amount you've mined is at least 0.001 BTC.Being the greatest pool allows users some perks in that they can choose how they want to be rewarded.

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You can also select PPLNS (Payment Per Last N Shares) which is free but AntPool will continue to keep all transaction fees. Currently, there's a new attribute - from June 18th to September 18th there is no pool fee.You can mine if you want but it's very unlikely you'll earn a profit doing so unless you've got a colossal amount of hash power.

Prior to 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 top spot. It currently represents over 20 percent of total 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 calculates a standard transaction fee within a given period,adds it to the block payoff (currently 12.5 BTC) and then spreads 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 website is helpful, 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 easily using try this web-site BTC application and BTC Smart Agent.A tempting niche option due to relatively 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 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 0.9% and transaction prices are included in the block reward, meaning pay-outs are rather generous relative to rival larger mining pools, although 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 support 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 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) foundation of negative 3%. The pool keeps transaction fees.

Additionally, 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 1 LTC, you will get 1000 DOGE free.The website itself is nicely laid out and contains useful information, but non-Chinese users who need service are encouraged to use the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for your swimming can be a little tricky as you need to fill read more out a Captcha and verify your identity via text message, meaning you should have access to a mobile phone to start mining. .