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It's 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 procedure is extremely straightforward and you can produce a demo miner in order to familiarize yourself with the dash.

This section on mining rewards is particularly helpful because it contains a detailed explanation of how pay-outs are quantified by every consumer's scoring hash rate. Should you switch from Slush Pool to another, then try to return, your score will fall significantly.Pool fees stand at 2 percent that's a little higher than some of the other pools out there.

It's owned and operated by Bitmain, a China-based company which also manufactures the Antminer collection of ASIC mining devices (you can check out our guide to the very best ASIC devices here).AntPool has servers all around the world and makes use of an innovative peer reviewed mining protocol to link your device to the one nearest to you during installation, for a quicker and more reliable connection.Once you have 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 the amount you've mined is 0.001 BTC.Being the largest pool allows users some perks in that they can select how they want to get rewarded.

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You can also choose PPLNS (Payment Per Last N Stocks ) which is free but AntPool will continue to keep all transaction fees. Currently, there is a new attribute - from June 18th to September 18th there's no pool fee.You can mine solo if you wish but it's very unlikely you'll make a profit doing so unless you've got a massive 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 operates one of the most popular mining pools, vying with AntPool for the top 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 basics calculates a standard transaction fee within a given period,adds it to the block payoff (currently 12.5 BTC) and then spreads the entire to 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 is no specific getting started guide 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 tool 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 register 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 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 equal bigger mining pools, even though 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 together with assistance for a huge range of virtual currenciesClear fee 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 varied pools in that while you can mine BTC, F2Pool also 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) foundation of negative 3%. The pool retains transaction fees.

Additionally, there is 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 extra incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The site itself is well laid out and contains helpful information, but non-Chinese users who need support are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for the swimming can be a bit 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 begin mining. .