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It is 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 extremely straightforward and you can create a presentation miner in order to get familiar with the dashboard.

This section on mining rewards is especially helpful because it contains a detailed explanation of how pay-outs are measured by each consumer's scoring hash rate. If you change from Slush Pool into another, then try to return, your score will drop significantly.Pool fees stand at 2 percent that's a little higher than a number of the other pools on the market.

It's owned and operated by Bitmain, a China-based company 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, for a quicker and more dependable 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 that the amount you've mined is at least 0.001 BTC.Being the greatest pool allows users some perks in that they can select how they want to get 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 if you wish but it's very unlikely you'll make 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 powerful Bitcoin wallet in addition to its own blockchain explorer.BTC.com operates one of the most 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 process 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 distributes the entire to miners as with traditional PPS (Payment Per Share).

By way of example, site the page explaining how FPPS works failed to load, and while the help section of the website is helpful, there is no special 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 comparatively generous pay-outsNo registration requiredLow pool feesWebsite is quite basicKanoPool has been around since 2014.

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However, users who do choose to enroll can view 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 following a block is found.The pool fee itself is 0.9% and transaction fees are included in the block reward, meaning pay-outs are rather generous relative to rival 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 together with assistance for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process 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 percent. The pool retains all transaction fees.

Also, there is no charge for mining BTM, ZEN and XDAG and this will continue until the end of August.The site is also currently offering a little additional incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The site itself is nicely laid out and contains useful information, but non-Chinese customers who need support are encouraged to utilize 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 complete a Captcha and verify your identity through text message, meaning you must have access to your cellular phone to start mining. .