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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 biggest mining pool representing around 11.4percent of hash power overall.The sign-up process is extremely simple and you can produce a presentation miner in order to get familiar with the dashboard.

This section on mining benefits is especially helpful as it contains a detailed explanation of how pay-outs are quantified by each user's scoring hash pace. Should you switch from Slush Pool to another, then try to return, your score will drop significantly.Pool fees stand at 2% which is a little higher than some of the additional pools on the market.

It's owned and operated by Bitmain, a China-based company that also manufactures the Antminer collection of ASIC mining devices (you can have a look at 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 faster and more reliable connection.Once you have set up your account and entered your own wallet address, payments are sent every day between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided the amount you've mined is at least 0.001 BTC.Being the largest pool permits users any perks in that they can select how they want to get rewarded.

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You can even select PPLNS (Payment Per Last N Stocks ) which is absolutely free but AntPool will continue to keep all transaction fees. Currently, there is a new feature - from June 18th to September 18th there's no pool fee.You can mine solo if you wish but it's very unlikely you will earn a profit doing so unless you have a massive 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 functions one of the very popular mining pools, vying with AntPool for the best place. It currently represents over 20 percent 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 (Total pay-per Share). FPPS computes a standard transaction fee within a given time,adds it into the block reward (currently 12.5 BTC) and then distributes the entire 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 helpful, there's no specific getting started manual like Slush Pool. We were nevertheless able to find all click to read of 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 registration requiredLow pool feesWebsite is quite basicKanoPool has been around since 2014.

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However, users who do choose to enroll can go now view more detailed statistics about the mining pool.The payment system utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times the network difficulty, immediately after a block is found.The pool charge itself is 0.9% and transaction fees are included in the block benefit, meaning pay-outs are rather generous relative to rival bigger mining pools, even though payment may take a while.

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 huge 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 read the full info here very 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 retains 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 1 LTC, you'll get 1000 DOGE free.The site itself is nicely laid out and contains helpful information, but non-Chinese users who need support are encouraged to use the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for the swimming can be a bit tricky as you need to complete a Captcha and verify your identity via text message, meaning you must have access to your cellular phone to begin mining. .