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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 electricity overall.The sign-up procedure is very simple and you can produce a demo miner in order to get familiar with the dashboard.

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This section on mining rewards is especially helpful as it contains a detailed explanation of how pay-outs are quantified by every consumer's scoring hash pace. Should you change 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 other pools out there.

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It's owned and run by Bitmain, a China-based company that also manufactures the Antminer series 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 makes use of an innovative peer-to-peer mining protocol to link your device to the one nearest to you during installation, for a faster and more dependable connection.Once you have setup 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 the amount you've mined is at least 0.001 BTC.Being the greatest pool permits users some 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) that is absolutely free but AntPool will keep all transaction fees. Currently, there's a new attribute - from June 18th to September 18th there is no pool fee.You can mine solo if you wish but it's very unlikely you will earn a profit doing so unless you've got a massive amount of hash power.

Prior to starting a mining pool in 2016, BTC.com was already famous for creating a strong Bitcoin wallet as well as its own blockchain explorer.BTC.com operates one of the most popular mining pools, vying with AntPool for the best place. It currently 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 computes a standard transaction fee within a given time,adds it about his into the block reward (currently 12.5 BTC) and then distributes the whole to miners as with traditional PPS (Payment Per Share).

For instance, the page explaining how FPPS works failed to load, and though the help section of the site is useful, there is no specific getting started guide as with 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 very 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 system used by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times that the network difficulty, immediately after a block is found.The pool fee 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 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 huge range Check Out Your URL 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 just a few.Pay-outs are created at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3%. The pool keeps all transaction fees.

Also, 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 1 LTC, you will additional resources get 1000 DOGE free.The website itself is well laid out and contains useful 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 pool can be a bit tricky as you need to complete a Captcha and also verify your identity through text message, meaning you must have access to a cellular phone to start mining. .

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