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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 largest mining pool representing around 11.4percent of hash electricity overall.The sign-up procedure is extremely straightforward and you can produce a presentation miner in order to familiarize yourself with the dash.

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This section on mining rewards is especially helpful because it contains a thorough explanation of how pay-outs are quantified by every user's scoring hash pace. Should you change from Slush Pool into another, then attempt to return, your score will drop significantly.Pool fees stand at 2 percent that's somewhat higher than some of the other pools out there.

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It is owned and operated by Bitmain, a China-based company that also manufactures the Antminer collection of ASIC mining devices (you can have a look at our guide to the very 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 installation, for a quicker and more dependable connection.Once you've set up your account and entered your own 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 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 even choose PPLNS (Payment Per Last N Shares) which is free but AntPool will keep all transaction fees. Currently, there is 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 earn a profit doing so unless you have a massive 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 most popular mining pools, vying with AntPool for the top place. It currently represents over 20% of total 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 entire to miners as with traditional PPS (Payment Per Share).

For example, 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 of 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 due to 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 register can see 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 that the network difficulty, immediately following a block is found.The pool charge itself is 0.9% and transaction prices are explanation included in the block benefit, 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 about the pool.China-based pool together 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 diverse pools in that while you can mine BTC, F2Pool also 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 is no fee for mining BTM, ZEN and XDAG and this will continue until the end of August.The site is currently offering a little additional incentive to miners. If you mine LTC, you will get 1000 DOGE free.The website itself is well laid out and contains useful information, but non-Chinese users who need service 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 fill out a Captcha and also verify your identity via text message, meaning you must have access to a mobile phone to start mining. .

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