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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 power overall.The sign-up procedure is very simple and you can create a presentation miner in order to familiarize yourself with the dashboard.

This section on mining benefits is especially helpful because it contains a thorough explanation of how pay-outs are quantified by every user's scoring hash pace. If you change from Slush Pool into another, then attempt to return, your score will drop significantly.Pool fees stand at 2 percent that's somewhat higher than some of the other pools out there.

It is owned and run by Bitmain, a China-based firm which also manufactures the Antminer collection of ASIC mining apparatus (you can check out our guide to the best ASIC devices here).AntPool has servers all around the globe and uses 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 reliable connection.Once you have set up your account and entered your own wallet address, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), assuming that the amount you've mined is at least 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 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 if you wish but it's very unlikely you will earn a profit doing so unless you've got a colossal amount of hash power.

Before starting a mining pool in 2016, BTC.com was already famous for creating a powerful Bitcoin wallet as well as 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 percent of overall 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 (Full 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 entire 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 website is useful, there is no special 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 YOURURL.com easily using BTC application and BTC Smart Agent.A tempting niche option because of relatively 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 enroll can view more detailed statistics about the mining pool.The payment system utilized 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 fee itself is 0.9percent and transaction fees are included in the block benefit, meaning pay-outs are rather generous relative to equal larger mining pools, although payment may take a while.

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 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 created at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3%. The pool keeps all 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 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 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 also verify your identity via text message, meaning you must have access to a mobile phone to begin mining. .