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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 11.4percent of hash power overall.The sign-up procedure is very simple and you can produce a demo miner in order to familiarize yourself with the dashboard.

This section on mining benefits is especially helpful because it contains a detailed 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 fall significantly.Pool fees stand at 2 percent that's somewhat higher than some of the additional pools out there.

It's owned and run by Bitmain, a China-based firm 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 world and makes use of an innovative peer-to-peer mining protocol to link your device to the one nearest to you during setup, to get a quicker and more reliable connection.Once you've setup your account and entered your own wallet speech, payments are sent every day 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 permits users some perks in that they can choose how they want to be rewarded.

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You can even select PPLNS (Payment Per Last N Stocks ) that is 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 massive amount of hash electricity.

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 operates one of the very popular mining pools, vying with AntPool for the best place. It currently represents over 20% of total 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 (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 entire 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's no specific 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 very basicKanoPool has been around since 2014.

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However, users who do choose to enroll 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 difficulty, immediately following a block is found.The pool charge itself is 0.9percent and transaction fees are included in the block reward, meaning pay-outs are rather generous relative to equal larger mining pools, even though payment may take a while.

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 with about his assistance for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up procedure necessitates phoneF2Pool (also known as DiscusFish) is a Chinese-based mining pool and has been operating since 2013.

Its also one of the most varied pools in that while you can mine BTC, F2Pool additionally 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 retains transaction fees.

Additionally, there's absolutely no charge 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 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 cellular phone to start mining. .