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It's 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 11.4percent of hash power overall.The sign-up process is extremely straightforward and you can create a presentation miner in order to get familiar with the dashboard.

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

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 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 setup, for a quicker and more dependable connection.Once you've setup your account and entered your own wallet address, 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 allows users some 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's a new feature - from June 18th to September 18th there's no pool fee.You can mine if you wish but it's very unlikely you will make a profit doing so unless you've got a massive amount of hash power.

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 functions one of the very popular mining pools, vying with AntPool for the top spot. It currently like it represents over 20 percent of overall international hash electricity.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its own process of rewarding miners known as FPPS (Total 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 distributes the whole to miners as with traditional PPS (Payment Per Share).

For example, the page explaining how FPPS works failed to load, and while the help section of the site is useful, there is no special getting started guide 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 easily using BTC application and BTC Smart Agent.A tempting niche option because of comparatively 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 enroll can view more detailed statistics about the mining this hyperlink pool.The payment method utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times the network difficulty, 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 bigger mining pools, although payment may take some time.

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 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 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) foundation of negative 3 percent. The pool keeps transaction fees.

Additionally, there's absolutely no fee 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 1 LTC, you'll get 1000 DOGE free.The site itself is nicely laid out and contains helpful information, but non-Chinese users who need service are encouraged to utilize the official F2Pool English language thread have a peek at this site 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 cellular phone to begin mining. .