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

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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 switch from Slush Pool into another, then try to return, your score will drop significantly.Pool fees stand at 2 percent that's somewhat higher than some of the additional pools out there.

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It is owned and operated by Bitmain, a China-based firm that also manufactures the Antminer collection 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-to-peer mining protocol to link your device to the one nearest to you during installation, to get a quicker and more reliable connection.Once you have setup 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), assuming the amount you've mined is 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 even choose PPLNS (Payment Per Last N Stocks ) 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 want but it's very unlikely you'll earn a profit doing this unless you've got a colossal amount of hash power.

Prior to 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 spot. It currently represents over 20% of total 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 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 site is helpful, there is no special getting started manual as with Slush Pool. We were nevertheless able to find all the information over at this website 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 very basicKanoPool has been around since 2014.

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However, users that do choose to register can view 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 difficulty, immediately after a block home 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 equal 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 with assistance for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process necessitates 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 just a few.Pay-outs are made at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3 percent. The pool keeps all transaction fees.

Additionally, there is no fee for mining BTM, ZEN and XDAG and this will last until the end of August.The website is also currently offering a little extra incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The website itself is well laid out and contains useful information, but non-Chinese click this link users who need service 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 verify your identity via text message, meaning you must have access to your cellular phone to begin mining. .

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