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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 11.4percent of hash power overall.The sign-up procedure is very simple and you can create a presentation miner in order to get familiar with the dash.

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

It is owned and run by Bitmain, a China-based firm that also manufactures the Antminer collection of ASIC mining apparatus (you can check out 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, for a faster and more reliable connection.Once you have 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), provided the amount you've mined is 0.001 BTC.Being the largest pool allows 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 Shares) that is absolutely free but AntPool will continue to keep all transaction fees. Currently, there's a new feature - from June 18th to September 18th there's no pool fee.You can mine solo if you want but it's very unlikely you'll earn a profit doing this unless you've got a colossal amount of hash power.

Prior to 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 most popular mining pools, vying with AntPool for the top place. It currently represents over 20 percent of overall global hash power.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its own method of rewarding miners known as FPPS (Total pay-per Share). FPPS computes a standard transaction fee within a given period,adds it into the block reward (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 while the help section of the site is helpful, there's 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 readily using BTC application and BTC Smart Agent.A tempting niche option because of relatively 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 register can view 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 difficulty, instantly following a block is found.The pool fee itself is 0.9% and transaction fees are included in the block reward, meaning pay-outs are rather generous relative to equal larger mining pools, although 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 together with assistance for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process necessitates 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 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) basis of negative 3%. The pool retains 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 also 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 helpful information, but non-Chinese customers who need service are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your swimming can be a click here now little tricky as you need to complete a Captcha and also verify your identity through text message, meaning you must have access to your mobile phone to start mining. .