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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 11.4% 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 dashboard.

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This section on mining rewards is particularly helpful because it contains a detailed explanation of how pay-outs are measured by every consumer's scoring hash pace. Should you change from Slush Pool to another, then attempt to return, your score will fall significantly.Pool fees stand at 2 percent that's somewhat higher than some 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 uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during installation, to get a faster and more dependable connection.Once you have set up your account and entered your wallet address, 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 largest pool allows users some perks in that they can choose how they want to get rewarded.

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You can also select PPLNS (Payment Per Last N Stocks ) that is free but AntPool will keep all transaction fees. Currently, there is a new feature - 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 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 most popular mining pools, vying with AntPool for the top 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 process of rewarding miners known as FPPS (Total pay-per Share). FPPS calculates a standard transaction fee within a given period,adds it to the block payoff (currently 12.5 BTC) and then distributes the whole 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 site 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 easily using BTC tool 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 Last N Shares). 'N' in this case is five times the network difficulty, immediately after a block is found.The pool charge itself is 0.9percent and transaction prices are included in the block benefit, meaning pay-outs are quite 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 about the pool.China-based pool with assistance for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process requires phoneF2Pool (also known as DiscusFish) is a Chinese-based mining pool and has been operating since 2013.

Its also one of the very 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 created at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3 percent. The pool retains all transaction fees.

Also, there's absolutely no charge for mining BTM, ZEN and XDAG and this will last until the end of check here August.The website is currently offering a little additional incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The site 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 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 verify your identity via text message, meaning you should have access to a cellular phone to start mining. .

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