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It's 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 11.4% of hash electricity overall.The sign-up process is extremely straightforward and you can produce a demo miner in order to familiarize yourself with the dashboard.

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

It is owned and operated by Bitmain, a China-based firm which also manufactures the Antminer collection of ASIC mining apparatus (you can check out our guide to the best ASIC devices here).AntPool has servers all around the world 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 reliable connection.Once you've setup your account and entered your own wallet speech, payments are sent every day between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), assuming the amount you've mined is at least 0.001 BTC.Being the largest pool allows users some perks in that they can select how they want to be rewarded.

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You can also select PPLNS (Payment Per Last N Stocks ) which 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 solo if you wish but it's very unlikely you will earn a profit doing so unless you've got a massive 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 overall international 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 computes a standard transaction fee within a given period,adds it to the block reward (currently 12.5 BTC) and then distributes the entire to miners as with traditional PPS (Payment Per Share).

For example, the page explaining how FPPS works failed to load, and though the help section of the website is helpful, there is no special getting started manual like 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 tool and BTC Smart Agent.A tempting niche option due to comparatively generous pay-outsNo registration requiredLow pool feesWebsite is very basicKanoPool has been around since 2014.

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However, users that do choose to enroll can see more detailed statistics about the mining pool.The payment method utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times that the network problem, immediately following a block is found.The pool fee 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, although payment may take some time.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is very prompt to respond to questions about 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 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) basis of negative 3 percent. The pool keeps all transaction fees.

Also, there's absolutely no charge for mining BTM, ZEN and XDAG and this will last until the end of August.The website is currently offering a little additional incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The site itself is well Extra resources laid out and contains useful 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 your pool can be my company a little tricky as you need to fill out a Captcha and also verify your identity via text message, meaning you must have access to your cellular phone to begin mining. .