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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 largest mining pool representing around 11.4% of hash power overall.The sign-up procedure is extremely straightforward and you can produce a demo miner in order to familiarize yourself with the dashboard.

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

It is owned and run by Bitmain, a China-based company which also manufactures the Antminer series 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 reliable connection.Once you've set up 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 the amount you've mined is 0.001 BTC.Being the largest pool allows users some perks in that they can select how they want to get rewarded.

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You can also choose PPLNS (Payment Per Last N Shares) which is free but AntPool will keep all transaction fees. Currently, there is a new attribute - from June 18th to September 18th there's no pool fee.You can mine 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 already famous for creating a powerful Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the best place. It currently represents over 20% of overall global 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 calculates a standard transaction fee within a given time,adds it into the block payoff (currently 12.5 BTC) 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 website is useful, there's no special getting started manual 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 readily using BTC tool and BTC Smart Agent.A tempting niche option due to comparatively generous pay-outsNo registration requiredLow pool feesWebsite is quite basicKanoPool has been around since 2014.

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However, users that 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 problem, immediately after a block is found.The pool fee itself is 0.9percent and transaction prices are included in the block reward, meaning pay-outs are quite generous relative to equal larger mining pools, even though 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 together with assistance for a massive 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 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%. The pool retains transaction fees.

Also, there's absolutely no fee for mining BTM, ZEN and XDAG and this will last until the end of August.The site 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 well laid out and contains 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 bit tricky as you need to fill out a Captcha and look at this now verify your identity via text message, meaning you should have access to a cellular phone to start mining. .