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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 largest mining pool representing around 11.4% 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.

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This section on mining benefits is especially helpful as it contains a thorough explanation of how pay-outs are measured by each consumer's scoring hash rate. If you switch from Slush Pool into another, then attempt to return, your score will drop significantly.Pool fees stand at 2% that's a little higher than a number of the other pools on the market.

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It's owned and operated by Bitmain, a China-based firm which also manufactures the Antminer collection of ASIC mining devices (you can have a look at our guide to the best ASIC devices here).AntPool has servers all around the world and uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during installation, to get a quicker and more reliable connection.Once you've setup your account and entered your 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 also choose PPLNS (Payment Per Last N Stocks ) that is absolutely 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 solo if you want but it's very unlikely you will earn a profit doing this unless you have a massive amount of hash electricity.

Before starting a mining pool in 2016, BTC.com was already famous for creating a powerful Bitcoin wallet in addition to 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 percent of total global hash electricity.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its own method 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 entire 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 is no specific getting started guide 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 easily using BTC tool and BTC Smart Agent.A tempting niche option due to 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 see 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, instantly after a block is found.The pool charge itself is 0.9% and transaction fees are included in the block reward, meaning pay-outs are rather generous relative to rival bigger mining pools, even though 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 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 created at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3%. The pool retains transaction fees.

Also, there is no charge for mining BTM, ZEN and XDAG and this will last until the end of August.The website is currently offering a little additional incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The website itself is nicely laid out and contains useful information, but non-Chinese customers who need support are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process their explanation for your pool can be a bit tricky as you need to complete a Captcha and also verify your identity through text message, meaning you should have access to a mobile phone to start mining. .

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