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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 largest mining pool representing around 11.4% of hash power overall.The sign-up process is extremely simple 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 detailed explanation of how pay-outs are quantified by each user's scoring hash pace. If you change from Slush Pool into another, then attempt to return, your score will fall significantly.Pool fees stand at 2% that's a little higher than some of the other pools on the market.

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It's owned and run by Bitmain, a China-based company that also manufactures the Antminer series of ASIC mining apparatus (you can check out our guide to the very best ASIC devices here).AntPool has servers all around the world and uses 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 have set up your account and entered your own wallet speech, payments are sent daily 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 largest pool permits users some perks in that they can choose how they want to be rewarded.

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You can even choose PPLNS (Payment Per Last N Shares) which is free but AntPool will 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 wish but it's very unlikely you will earn a profit doing so unless you have a massive amount of hash electricity.

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 great post to read very popular mining pools, vying with AntPool for the best spot. It currently represents over 20 percent of overall international hash power.

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 reward (currently 12.5 BTC) and then distributes the entire to miners as with traditional PPS (Payment Per Share).

By way of instance, the page explaining how FPPS works failed to load, and while the help section of the site is helpful, there is no specific getting started guide 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 easily using BTC application 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 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 case is five times that the network problem, instantly following a block is found.The pool fee itself is 0.9% and transaction fees are included in the block reward, meaning pay-outs are quite generous relative to rival larger mining pools, even though payment may take some time.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is very prompt to respond to questions regarding the pool.China-based pool together with support for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up procedure requires phoneF2Pool (also known as DiscusFish) is a Chinese-based mining pool and has been operating since 2013.

Its also one of the most diverse 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) foundation of negative 3 percent. The pool retains all transaction fees.

Additionally, there is no fee for mining BTM, ZEN and XDAG and this will continue 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 site itself is well 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 the swimming can be a little tricky as you need to fill out a Captcha and verify your identity via text message, meaning you should have access to a cellular phone to begin mining. .

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