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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 electricity overall.The sign-up process is very straightforward 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 because it contains a thorough explanation of how pay-outs are measured by each consumer's scoring hash pace. If you change from Slush Pool to another, then try to return, your score will drop significantly.Pool fees stand at 2% that's somewhat higher than some of the other pools out there.

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It's owned and run by Bitmain, a China-based company that also manufactures the Antminer collection of ASIC mining apparatus (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, for a faster and more dependable connection.Once you've setup 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), provided that the amount you've mined is 0.001 BTC.Being the greatest pool allows users any perks in that they can select how they want to get rewarded.

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You can even choose PPLNS (Payment Per Last N Stocks ) 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 if you wish but it's very unlikely you'll make a profit doing this unless you've got a colossal amount of hash electricity.

Prior to starting a mining pool in 2016, BTC.com was famous for creating a strong Bitcoin wallet in addition to its own blockchain explorer.BTC.com functions one of the most popular mining pools, vying with AntPool for Our site 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 period,adds it to the block reward (currently 12.5 BTC) and then distributes 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 site is helpful, 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 because of comparatively 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 register 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 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 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 support for a massive 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 varied 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 created at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3 percent. The pool keeps 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 mine LTC, you will get 1000 DOGE free.The site 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 ribbon in the BitcoinTalk forums.The sign-up process for your pool can be a little tricky as you need to fill out a Captcha and verify your identity through text message, meaning you should have access to your mobile phone to start mining. .

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