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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 biggest mining pool representing around 11.4percent of hash power overall.The sign-up process is extremely simple and you can produce a presentation miner in order to familiarize yourself with the dashboard.

This section on mining benefits is particularly helpful as it contains a thorough explanation of how pay-outs are quantified by each user's scoring hash pace. Should you change from Slush Pool to 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.

It's owned and operated by Bitmain, a China-based company which also manufactures the Antminer collection 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 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 faster and more dependable connection.Once you have setup your account and entered your wallet address, 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 at least 0.001 BTC.Being the greatest pool allows users any perks in that they can choose how they want to get rewarded.

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You can even choose PPLNS (Payment Per Last N Shares) that is absolutely free but AntPool will continue to keep all transaction fees. Currently, there is a new attribute - from June 18th to September 18th there is 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 power.

Before 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 operates one of the very popular mining pools, vying with AntPool for the top spot. It currently represents over 20% of overall global 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 read review 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's no specific getting started guide 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 tool and BTC Smart Agent.A tempting niche option because of comparatively 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 system used by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times the network problem, immediately following a block is found.The pool fee itself is 0.9percent and transaction fees are included in the block benefit, meaning pay-outs are quite generous relative to equal larger 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 support for a massive 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 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) foundation of negative 3%. The pool retains transaction fees.

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