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

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This section on mining benefits is particularly helpful as it contains a detailed explanation of how pay-outs are quantified by each user's scoring hash pace. If you switch from Slush Pool to another, then try to return, your score will drop significantly.Pool fees stand at 2% which is a little higher than some of the other pools on the market.

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It's owned and operated by Bitmain, a China-based firm which also manufactures the Antminer collection of ASIC mining apparatus (you can check out our guide to the very 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 setup, 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), provided that the amount you've mined is at least 0.001 BTC.Being the largest pool allows users any perks in that they can choose how they want to be rewarded.

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You can even choose PPLNS (Payment Per Last N Shares) which is free but AntPool will keep all transaction fees. Currently, there's a new attribute - from June 18th to September 18th there is no pool fee.You can mine if you want but it's very unlikely you'll earn a profit doing this unless you've got 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 in addition to its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the best spot. It currently represents over 20% 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 computes a standard transaction fee within a given period,adds it into the block payoff (currently 12.5 BTC) and then spreads 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 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 readily using BTC application additional hints and BTC Smart Agent.A tempting niche option due to relatively 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 case is five times 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 quite generous relative to rival larger mining pools, although 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 with support 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 very varied pools in that while you can mine BTC, F2Pool additionally 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) basis of negative 3%. The pool keeps transaction fees.

Also, there is 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 LTC, you'll get 1000 DOGE free.The site itself is nicely laid out and contains click site helpful information, but non-Chinese customers who need support are encouraged to use the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for your pool can be a little pop over to these guys tricky as you need to fill out a Captcha and verify your identity via text message, meaning you must have access to your mobile phone to start mining. .

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