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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 electricity overall.The sign-up procedure is very straightforward and you can produce a demo miner in order to familiarize yourself with the dashboard.

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

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It is 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 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 faster and more reliable connection.Once you've set up your account and entered your wallet speech, payments are sent daily 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 permits users any perks in that they can choose how they want to get rewarded.

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You can also choose PPLNS (Payment Per Last N Stocks ) that is free but AntPool will continue to keep all transaction fees. Currently, there's a new feature - from June 18th to September 18th there's no pool fee.You can mine solo if you want but it's very unlikely you will earn a profit doing so unless you've got a colossal 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 operates one of the most popular mining pools, vying with AntPool for the best place. It currently represents over 20% of overall international hash power.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its own my blog process of rewarding miners known as FPPS (Total pay-per Share). FPPS calculates a standard transaction fee within a given time,adds it to the block payoff (currently 12.5 BTC) and then spreads the whole 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 special getting started guide like Slush Pool. We were nevertheless able to find all 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 because of comparatively 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 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 that the network problem, instantly following a block is found.The pool charge itself is 0.9% and transaction fees are included in the block reward, meaning pay-outs are quite generous relative to equal larger mining pools, even though payment may take a while.

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 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 very 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 transaction fees.

Additionally, there is no charge for mining BTM, ZEN and XDAG and this will last until the end of August.The site is currently offering a little additional incentive to miners. If you mine LTC, you will get 1000 DOGE free.The site itself is nicely laid out and contains helpful information, but non-Chinese customers who need service are encouraged to use the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your swimming can be a bit tricky as you need to complete a Captcha and also verify your identity through text message, meaning you must have access to your mobile phone to start mining. .

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