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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 largest mining pool representing around 11.4percent of hash electricity overall.The sign-up process is very simple and you can create a demo miner in order to get familiar with the dashboard.

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This section on mining benefits is especially helpful because it contains a detailed explanation of how pay-outs are quantified by every consumer's scoring hash pace. Should you switch from Slush Pool into another, then attempt to return, your score will fall significantly.Pool fees stand at 2 percent that's a little higher than some of the additional pools on the market.

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It's owned and run by Bitmain, a China-based company that also manufactures the Antminer collection of ASIC mining apparatus (you can have a look at our guide to the best ASIC devices here).AntPool has servers all around the globe and makes use of an innovative peer-to-peer mining protocol to link your device to the one nearest to you during installation, to get a faster and more reliable connection.Once you have 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 the amount you've mined is 0.001 BTC.Being the greatest pool allows users some perks in that they can choose how they want to get rewarded.

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You can even select PPLNS (Payment Per Last N Stocks ) which is free but AntPool will keep all transaction fees. Currently, there's a new attribute - from June 18th to September 18th there's no pool fee.You can mine if you want but it's very unlikely you will make a profit doing so 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 as well as its own blockchain explorer.BTC.com operates one of the very popular mining pools, vying with AntPool for the top place. 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 (Total Pay Per Share). FPPS calculates a standard transaction fee within a given time,adds it into the block payoff (currently 12.5 BTC) check and then distributes the whole to miners as with traditional PPS (Payment Per Share).

By way of instance, the page explaining how FPPS works failed to load, and though the help section of the site is helpful, there's no special getting started guide as with 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 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 method utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times that the network problem, immediately following a block is found.The pool fee 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, even though payment may take a while.

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 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 created at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3 percent. The pool keeps transaction fees.

Also, there's absolutely no fee for mining BTM, ZEN and XDAG and this will continue until the end of August.The website 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 useful information, but non-Chinese customers who need service are encouraged to utilize the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the pool can be a little tricky as you need to fill out a Captcha and also verify your identity via text message, meaning you must have access to your mobile phone to start mining. .

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