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

This section on mining rewards is especially helpful as it contains a thorough explanation of how pay-outs are measured by every consumer's scoring hash pace. Should you switch from Slush Pool into another, then try 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 that 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 reviewed mining protocol to link your device to the one nearest to you during setup, to get a quicker and more reliable connection.Once you have 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 that the amount you've mined is at least 0.001 BTC.Being the largest pool permits users some perks in that they can choose how they want to be rewarded.

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You can even choose PPLNS (Payment Per Last N Shares) that is free but AntPool will 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'll make a profit doing this unless you have a colossal amount of hash power.

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 most popular mining learn the facts here now 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 method 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 spreads the entire to miners as with traditional PPS (Payment Per Share).

For instance, the page explaining how FPPS works failed to load, and though the help section of the site is useful, there's no specific 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 readily using BTC application and BTC Smart Agent.A tempting niche option due to relatively 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 register 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 case is five times that the network difficulty, instantly after a block is found.The pool fee itself is 0.9percent and transaction fees are included in the block benefit, meaning pay-outs are rather 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 useful reference very prompt to respond to questions regarding the pool.China-based pool together with assistance for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up procedure 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 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.

Additionally, there is no charge for mining BTM, ZEN and XDAG and this will continue until the end of August.The website is currently offering a little extra incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The website itself is nicely laid out and contains useful information, but non-Chinese users who need service 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 also verify your identity through text message, meaning you should have access to a mobile phone to start mining. .