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

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This section on mining rewards is especially helpful as it contains a detailed explanation of how pay-outs are quantified by every consumer's scoring hash pace. If you switch from Slush Pool to another, then try to return, your score will fall significantly.Pool fees stand at 2% which is a little higher than a number of the other pools out there.

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It is owned and run by Bitmain, a China-based firm which 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 uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during installation, to get a quicker and more reliable connection.Once you have set up your account and entered your wallet address, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), assuming that the amount you've mined is 0.001 BTC.Being the largest pool permits users any perks in that they can select how they want to get rewarded.

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You can also select PPLNS (Payment Per Last N Shares) which 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 wish but it's very unlikely you'll earn a profit doing this unless you've got a colossal amount of hash power.

Before starting a mining pool in 2016, BTC.com was already famous for creating a strong Bitcoin wallet in addition to its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the best spot. 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 method of rewarding miners known as FPPS (Full Pay Per Share). FPPS computes a standard transaction fee within a given time,adds it into the block reward (currently 12.5 BTC) and then spreads 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 while the help section of the site is helpful, there's no special getting started guide like Slush Pool. We were nevertheless able to find all the information needed to configure basics a miner. Windows users can also add and configure miners readily using BTC tool 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 who do choose to enroll 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 instance is five times the network difficulty, instantly 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 rather generous useful site relative to equal larger mining pools, although payment may take some time.

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 with support for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up procedure necessitates 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 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 percent. The pool retains transaction fees.

Also, there's absolutely no charge 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 LTC, you will get 1000 DOGE free.The site itself is nicely laid out and contains helpful information, but non-Chinese customers who need support are encouraged to use the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for the swimming can be a little tricky as the original source you need to fill out a Captcha and also verify your identity via text message, meaning you should have access to your mobile phone to begin mining. .

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