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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 process is extremely simple and you can produce a demo miner in order to get familiar with the dashboard.

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This section on mining rewards is particularly helpful as it contains a thorough explanation of how pay-outs are measured by every consumer's scoring hash rate. If you switch from Slush Pool to another, then attempt to return, your score will fall significantly.Pool fees stand at 2% that's somewhat higher than a number of the additional pools out there.

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It is owned and operated by Bitmain, a China-based company which 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 globe and makes use of an innovative peer reviewed mining protocol to link your device to the one nearest to you during installation, to get a faster and more reliable connection.Once you've setup 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), assuming the amount you've mined is at least 0.001 BTC.Being the greatest pool allows users any perks in that they can select how they want to be rewarded.

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You can also choose PPLNS (Payment Per Last N Shares) which 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 earn 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 powerful Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the most popular mining pools, vying with AntPool for the top place. It currently represents over 20% of total 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 calculates a standard transaction fee within a given time,adds it to the block payoff (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 though the help section of the site is useful, there is no specific getting started manual as with Slush Pool. We were nevertheless able to find all the information needed to configure a miner. Windows users can also add and configure miners readily using BTC application and BTC website here Smart Agent.A tempting niche option due to comparatively generous pay-outsNo registration requiredLow pool feesWebsite is very basicKanoPool has been have a peek at these guys around since 2014.

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However, users that do choose to register can see 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 difficulty, instantly after a block is found.The pool charge itself is 0.9percent and transaction prices are included in the block reward, meaning pay-outs are rather 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 regarding the pool.China-based pool with assistance for a huge 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 also supports Litecoin, Zerocoin, Ethereum, Siacoin, DASH and Monero to name 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's absolutely no fee for mining BTM, ZEN and XDAG and this will last until the end of August.The site is currently offering a little additional incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The site itself is well laid out and contains useful 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 your pool can be a bit tricky as you need to fill out a Captcha and also verify your identity through text message, meaning you must have access to your cellular phone to begin mining. .

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