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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 procedure is extremely straightforward and you can create a demo miner in order to familiarize yourself with the dash.

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This section on mining benefits is particularly helpful as it contains a thorough explanation of how pay-outs are quantified by every user's scoring hash pace. If you change from Slush Pool to another, then try to return, your score will fall significantly.Pool fees stand at 2 percent that's somewhat higher than some of the other pools out there.

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It's owned and run by Bitmain, a China-based firm which 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 globe and makes use of an innovative peer reviewed mining protocol to link your device to the one nearest to you during installation, to get a quicker and more dependable connection.Once you have set up your account and entered your wallet address, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided the amount you've mined is 0.001 BTC.Being the greatest pool permits 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 ) which is free but AntPool will keep all transaction fees. Currently, there's a new feature - from June 18th to September 18th there is no pool fee.You can mine solo if you wish but it's very unlikely you will 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 strong 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 place. It currently represents over 20 percent of overall 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 (Total Pay Per Share). FPPS calculates a standard transaction fee within a given period,adds it into 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 useful, there's 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 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 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 instance is five times the network problem, immediately following a block is found.The pool charge itself is 0.9percent and transaction prices 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 with support 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 diverse 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) 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 also currently offering a little extra incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The site itself is well laid out and contains helpful information, but non-Chinese users who need service are encouraged to use the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for the swimming can be a little tricky as you need to complete a Captcha and also verify your identity through investigate this site text message, meaning you must have access to your mobile phone to begin mining. .

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