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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 11.4percent 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.

This section on mining rewards is particularly helpful as it contains a detailed explanation of how pay-outs are quantified by each consumer's scoring hash rate. Should you switch from Slush Pool to another, then try to return, your score will drop significantly.Pool fees stand at 2% that's somewhat higher than a number of the additional pools on the market.

It is owned and run by Bitmain, a China-based company which also manufactures the Antminer collection of ASIC mining apparatus (you can check out our guide to the very best ASIC devices here).AntPool has servers all around the world and uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during setup, to get a quicker and more dependable connection.Once you've set up your account and entered your wallet address, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided that the amount you've mined is 0.001 BTC.Being the greatest pool allows users some perks in that they can select how they want to be rewarded.

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You can even choose PPLNS (Payment Per Last N Stocks ) that 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 solo if you want but it's very unlikely you'll earn a profit doing this unless you have a colossal amount of hash electricity.

Before starting a mining pool in 2016, BTC.com was already famous for creating a powerful Bitcoin wallet in addition to its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the top spot. It currently Full Report represents over 20 percent of overall global 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 calculates a standard transaction fee within a given period,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 website is helpful, there is 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 tool and BTC Smart Agent.A tempting niche Your Domain Name option due to comparatively generous pay-outsNo registration requiredLow pool feesWebsite is quite 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 following a block is found.The pool charge itself is 0.9percent and transaction fees are included in the block reward, meaning pay-outs are quite generous relative to rival larger mining pools, even though payment may take a while.

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 together with assistance for a huge 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 most varied pools in that while you can mine BTC, F2Pool additionally supports Litecoin, Zerocoin, Ethereum, Siacoin, DASH and Monero to name a few.Pay-outs are made at midnight UTC each day on view it a PPS (Payment Per Share) basis of negative 3%. The pool keeps all transaction fees.

Also, 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 additional incentive to miners. If you mine LTC, you'll 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 ribbon in the BitcoinTalk forums.The sign-up process for your swimming can be a bit tricky as you need to fill out a Captcha and also verify your identity via text message, meaning you must have access to your cellular phone to begin mining. .