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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 biggest 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 get familiar 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 pace. If you switch from Slush Pool into another, then attempt to return, your score will fall significantly.Pool fees stand at 2 percent which is a little higher than some of the additional pools on the market.

It's owned and operated by Bitmain, a China-based firm that also manufactures the Antminer collection 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-to-peer mining protocol to link your device to the one nearest to you during setup, for a faster and more dependable 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), provided 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 be rewarded.

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You can also choose PPLNS (Payment Per Last N Shares) that is absolutely free but AntPool will continue to keep all transaction fees. Currently, there's 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'll make a profit doing this unless you've got a massive amount of hash power.

Prior to starting a mining pool in 2016, BTC.com was already famous for creating a strong Bitcoin wallet in addition to its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the top place. It currently represents over 20 percent of total global hash power.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its own process 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 payoff (currently 12.5 BTC) and then distributes the whole 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 website is helpful, there is no specific getting started manual 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 easily using BTC application and BTC Smart Agent.A tempting niche option due to relatively 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 method 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 fee itself is 0.9% and transaction prices are included in the block benefit, meaning pay-outs are quite 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 extremely prompt to respond to questions regarding 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 additionally supports Litecoin, Zerocoin, Ethereum, Siacoin, DASH and Monero to name just a few.Pay-outs are created at midnight UTC each day on a PPS (Payment Per Share) Get More Information basis of negative 3%. The pool retains transaction fees.

Also, there's absolutely no fee for mining BTM, ZEN and XDAG and this will continue until the end of August.The site is also currently offering a little additional incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The website itself is nicely laid out and contains useful 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 complete a Captcha and also verify your identity through text message, meaning you must have access to your mobile phone to start mining. .