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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 largest mining pool representing around 11.4% of hash power overall.The sign-up process is extremely simple and you can produce a demo 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 thorough explanation of how pay-outs are quantified by each user's scoring hash rate. Should you change from Slush Pool into another, then attempt to return, your score will fall significantly.Pool fees stand at 2 percent which is a little higher than some of the additional pools on the market.

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It is owned and operated by Bitmain, a China-based company which 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 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 dependable connection.Once you've setup your account and entered your wallet speech, 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 0.001 BTC.Being the greatest pool allows users any perks in that they can choose how they want to be rewarded.

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You can also choose PPLNS (Payment Per Last N Shares) which is absolutely free but AntPool will continue to keep all transaction fees. Currently, there's a new attribute - 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 so 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 powerful Bitcoin wallet as well as its own blockchain explorer.BTC.com operates one of the very popular mining pools, vying with AntPool for the best place. 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 process of rewarding miners known as FPPS (Total pay-per Share). FPPS computes a standard transaction fee within a given period,adds it to the block reward (currently 12.5 BTC) and then distributes the whole 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 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 because of 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 see more detailed statistics about the mining pool.The payment system used by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times the network difficulty, instantly after a block is found.The pool fee itself is 0.9% and transaction prices are included in the block reward, meaning pay-outs are quite 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 extremely prompt to respond to questions regarding the pool.China-based pool with assistance 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 created at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3 percent. The pool keeps all transaction fees.

Additionally, there's absolutely no charge 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 will get 1000 navigate to these guys DOGE free.The site itself is well laid out and contains useful information, but non-Chinese customers who need support are encouraged to utilize 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 complete a Captcha and also verify your identity through text message, read meaning you must have access to your cellular phone to start mining. .

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