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It is the oldest currently active mining pool and has an excellent reputation for stability and accuracy. Currently Slush Pool is the fourth largest mining pool representing around 11.4percent of hash electricity overall.The sign-up process is extremely simple and you can create a presentation miner in order to get familiar 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. Should you switch 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 additional pools on the market.

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It is owned and operated by Bitmain, a China-based company that also manufactures the Antminer collection of ASIC mining devices (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-to-peer mining protocol to link your device to the one nearest to you during installation, for a faster and more dependable connection.Once you've setup your account and entered your wallet speech, payments are sent every day 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 permits users any perks in that they can select how they want to be rewarded.

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You can even choose PPLNS (Payment Per Last N Shares) which is absolutely free but AntPool will keep all transaction fees. Currently, there is a new attribute - from June 18th to September 18th there's no pool fee.You can mine if you wish but it's very unlikely you'll earn a profit doing this unless you have 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 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 total 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 (Full pay-per Share). FPPS computes a standard transaction fee within a given time,adds it to the block reward (currently 12.5 BTC) and then distributes 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 is no special getting started manual 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 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 register can see 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 charge itself is 0.9percent and transaction prices are included in the block benefit, meaning pay-outs are rather generous relative to rival bigger 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 about the pool.China-based pool together with assistance for a huge 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 most diverse pools in that while you can mine BTC, F2Pool also 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) basis of negative 3%. The pool More Bonuses retains transaction fees.

Also, there is no charge for mining BTM, ZEN and XDAG and this will last until the end of August.The website is also currently offering a little additional incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The site itself is additional info nicely laid out and contains useful information, but non-Chinese users who need support are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your pool can be a bit tricky as you need to fill out a Captcha and verify your identity via text message, meaning you should have access to a mobile phone to begin mining. .

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