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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 biggest mining pool representing around 11.4% of hash power overall.The sign-up process is very simple and you can create a presentation miner in order to get familiar with the dashboard.

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

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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 check out our guide to the best ASIC devices here).AntPool has servers all around the world and makes use of an innovative peer-to-peer 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), provided that the amount you've mined is 0.001 BTC.Being the greatest pool permits users any perks in that they can choose how they want to get rewarded.

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You can even choose PPLNS (Payment Per Last N Shares) that is free but AntPool will continue to keep all transaction fees. Currently, there's a new feature - from June 18th to September 18th there is 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 massive amount of hash electricity.

Before 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 the top spot. It currently represents over 20 percent of total hop over to these guys international 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 to the block payoff (currently 12.5 BTC) and then spreads the whole to miners as with traditional PPS (Payment Per Share).

For instance, the page explaining how FPPS works failed to load, and while the help section of the website is helpful, there is no special getting started manual 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 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 enroll can see more detailed statistics about the mining pool.The payment method used by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times the network problem, immediately after a block is found.The pool charge itself is 0.9% and transaction prices are included in the block reward, meaning pay-outs are quite generous relative to equal bigger mining pools, even though payment may take a while.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is extremely 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 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 also 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) foundation of negative 3%. The pool retains transaction fees.

Also, there's absolutely no fee for mining BTM, ZEN and XDAG and this will last until the end of August.The website is also currently offering a little additional incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The website itself is well laid out and contains helpful information, but non-Chinese users who need service are encouraged to use the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your swimming can be a little tricky as you need to fill out a Captcha and also verify your identity through text message, meaning you should have access to a cellular phone to start mining. .

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