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It's 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 11.4percent of hash power overall.The sign-up process is extremely simple and you can create a presentation 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 every user's scoring hash rate. If you change from Slush Pool into another, then try to return, your score will fall significantly.Pool fees stand at 2% that's a little higher than a number of the additional pools on the market.

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It is owned and run by Bitmain, a China-based company which also manufactures the Antminer series of ASIC mining apparatus (you can have a look at our guide to the very best ASIC devices here).AntPool has servers all around the globe and makes use of an innovative peer reviewed mining protocol to link your device to the one nearest to you during setup, to get a faster and more reliable connection.Once you have setup your account and entered your own wallet speech, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided 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 get 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 is a new feature - from June 18th to September 18th there's no pool fee.You can mine if you want but it's very unlikely you'll make a profit doing this unless you've got a colossal amount of hash electricity.

Before starting a mining pool in 2016, BTC.com was famous for creating a powerful Bitcoin wallet in addition to its own blockchain explorer.BTC.com operates one of the very popular mining pools, vying with AntPool for the best spot. It currently represents over 20 percent of total 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 (Total Pay Per Share). FPPS calculates a standard transaction fee within a given time,adds it into the block reward (currently 12.5 BTC) and then spreads the whole to look what i found miners as with traditional PPS (Payment Per Share).

By way of example, the page explaining how FPPS works failed to load, and though the help section of the website is helpful, there's no specific getting started manual like 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 very basicKanoPool has been around since 2014.

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However, users who do choose to enroll can view more detailed statistics about the mining pool.The payment system utilized by KanoPool is PPLNS (Payment Per click here to find out more Last N Shares). 'N' in this case is five times the network difficulty, immediately following a block is found.The pool charge itself is 0.9% and transaction fees are included in the block benefit, meaning pay-outs are rather generous relative to rival bigger mining pools, even though payment may take a while.

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 together with support for a huge range of virtual currenciesClear fee find out 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 most diverse pools in that while you can mine BTC, F2Pool additionally supports Litecoin, Zerocoin, Ethereum, Siacoin, DASH and Monero to name a few.Pay-outs are made at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3%. The pool keeps all 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 currently offering a little additional 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 customers who need support are encouraged to use the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the pool can be a little tricky as you need to fill out a Captcha and also verify your identity via text message, meaning you should have access to your cellular phone to start mining. .

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