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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 create a presentation miner in order to familiarize yourself with the dashboard.

This section on mining benefits is especially helpful as it contains a detailed explanation of how pay-outs are quantified by each user's scoring hash pace. If you change from Slush Pool to another, then try to return, your score will fall significantly.Pool fees stand at 2 percent which is somewhat higher than some of the additional pools out there.

It is owned and run by Bitmain, a China-based firm that also manufactures the Antminer series 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 makes use of an innovative peer reviewed mining protocol to link your device to the one nearest to you during installation, for a quicker and more dependable connection.Once you've set up your account and entered your wallet speech, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided 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 even choose PPLNS (Payment Per Last N Shares) which is absolutely free but AntPool will continue to keep all transaction fees. Currently, there's 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'll make a profit doing this unless you've got a colossal amount of hash electricity.

Prior to starting a mining pool in 2016, BTC.com was already famous for creating a strong Bitcoin wallet in addition to its own blockchain explorer.BTC.com operates one of the most popular mining pools, vying with AntPool for the top place. It currently represents over 20 percent of total global hash electricity.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, Alt Coin Trading 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 time,adds it into the block reward (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 while the help section of the site is helpful, there is How To Trade Cryptocurrency For Profit no specific getting started manual like 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 tool 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 who do choose to enroll 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 charge itself is 0.9% and transaction fees are included in the block benefit, meaning pay-outs are quite generous relative to rival larger mining pools, even though payment may take some time.

Nevertheless Kano himself is an active participant in the Go Here BitcoinTalk forum and is very prompt to respond to questions about the pool.China-based pool with assistance for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up procedure 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 a few.Pay-outs are made at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3 percent. The pool retains transaction fees.

Additionally, there's absolutely no fee for mining BTM, ZEN and XDAG and this will continue until the end of August.The website is also currently offering a little additional incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The website itself is well laid out and contains helpful information, but non-Chinese users 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 little tricky as you need to complete a Captcha and also verify your identity via text message, meaning you must have access to your mobile phone to start mining. .