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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 11.4percent of hash electricity overall.The sign-up process is very simple and you can produce 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 thorough explanation of how pay-outs are measured by each user's scoring hash pace. 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's owned and operated by Bitmain, a China-based firm which also manufactures the Antminer collection of ASIC mining devices (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, for a faster and more reliable connection.Once you have setup your account and entered your own wallet speech, 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 at least 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 free but AntPool will keep all transaction fees. Currently, there is a new feature - from June 18th to September 18th there is no pool fee.You can mine solo if you wish but it's very unlikely you'll make a profit doing so unless you have a massive amount of hash electricity.

Before starting a mining pool in 2016, BTC.com was 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 overall global hash power.

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 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 his comment is here though the help section of the site is useful, there's no special getting started manual like Slush Pool. We were nevertheless able to find all the information needed to configure a miner. Windows users can also add and configure miners easily using BTC application and BTC Smart Agent.A tempting niche option because of relatively generous pay-outsNo registration requiredLow pool feesWebsite is very 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 that the network problem, immediately after a block is found.The pool fee itself is 0.9percent and transaction prices are included in the block reward, meaning pay-outs are quite generous relative to rival 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 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 most varied 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%. The pool keeps transaction fees.

Additionally, 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 extra incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The website itself is well laid out and contains helpful information, but non-Chinese customers who need service are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your swimming can be a bit tricky as you need to complete a Captcha and also verify your identity through text message, meaning you should have access to your mobile phone to start mining. .

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