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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 11.4percent of hash electricity overall.The sign-up process is extremely simple and you can create a demo miner in order to familiarize yourself with the dashboard.

This section on mining rewards is particularly helpful as it contains a detailed explanation of how pay-outs are measured by each consumer's scoring hash pace. Should you switch from Slush Pool into 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 on the market.

It's owned and operated by Bitmain, a China-based firm which also manufactures the Antminer series of ASIC mining apparatus (you can have a look at our guide to the best ASIC devices here).AntPool has servers all around the globe and uses 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 reliable connection.Once you have set up 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), provided that the amount you've mined is at least 0.001 BTC.Being the greatest pool permits users some 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 Shares) which is absolutely free but AntPool will keep all transaction fees. Currently, there is a new attribute - 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 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 famous for creating a strong Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the most popular mining pools, vying with AntPool for the best spot. It currently represents over 20% 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 to the block payoff (currently 12.5 BTC) and then distributes the entire to Web Site 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 look at this web-site the site is useful, there is no specific getting started manual 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 BTC application 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 who do choose to enroll can see 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, instantly following a block is found.The pool charge itself is 0.9percent and transaction fees are included in the block reward, meaning pay-outs are rather 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 about the pool.China-based pool together with assistance for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up procedure 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 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) basis of negative 3 percent. The pool keeps all transaction fees.

Additionally, there's absolutely no fee for mining BTM, ZEN and XDAG and this will last 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 nicely laid out and contains useful information, but non-Chinese users who need support are encouraged to use the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the pool can be a little tricky as you need to fill out a Captcha and also verify your identity through text message, meaning you must have access to your cellular phone to begin mining. .