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

This section on mining benefits is particularly helpful because it contains a detailed explanation of how pay-outs are quantified by every user's scoring hash pace. If 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 some of the other pools out there.

It is owned and operated by Bitmain, a China-based company which also manufactures the Antminer collection of ASIC mining apparatus (you can check out our guide to the very best ASIC devices here).AntPool has servers all around the globe and uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during setup, to get a faster and more dependable connection.Once you've setup your account and entered your wallet speech, 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 select PPLNS (Payment Per Last N Shares) which is free but AntPool will continue to keep all transaction fees. Currently, there is a new feature - from June 18th to September 18th there is no pool fee.You can mine 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 strong Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the top spot. 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 computes a standard transaction fee within a given time,adds it to the block payoff (currently 12.5 BTC) and then spreads 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 is no specific 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 readily using BTC application 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 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 the network problem, immediately after a block click to read more is found.The pool fee itself is 0.9% and transaction prices are included in the block reward, meaning pay-outs are quite generous relative to rival bigger mining pools, although payment may take some time.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is very prompt to respond to questions regarding the pool.China-based pool 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 varied 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 keeps all transaction fees.

Additionally, 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 more tips here 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 support are encouraged to utilize the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the swimming can be a bit tricky as you need to fill out a Captcha and verify your identity via text message, meaning you must have access to your mobile phone to start mining. .