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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 largest mining pool representing around 11.4percent of hash power overall.The sign-up process is extremely simple and you can produce a demo miner in order to familiarize yourself with the dashboard.

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This section on mining benefits is particularly helpful because it contains a thorough explanation of how pay-outs are quantified by every consumer's scoring hash pace. If you switch from Slush Pool into another, then try to return, your score will fall significantly.Pool fees stand at 2% which is a little higher than some of the other pools out there.

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It's owned and operated by Bitmain, a China-based company that also manufactures the Antminer collection 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 world and uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during setup, for a quicker and more dependable connection.Once you have setup your account and entered your own wallet speech, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided the amount you've mined is 0.001 BTC.Being the greatest pool permits users some perks in that they can choose how they want to get rewarded.

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You can even choose PPLNS (Payment Per Last N Stocks ) which is absolutely free but AntPool will keep all transaction fees. Currently, there's a new feature - from June 18th to September 18th there's no pool fee.You can mine if you wish but it's very unlikely you will make 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 as well as its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the top place. It currently represents over 20% 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 period,adds it into the block reward (currently 12.5 BTC) and then distributes the entire to miners as with traditional PPS (Payment Per Share).

By way of example, the page explaining how FPPS works failed to load, and while the help section of the site is useful, there is no special getting started guide check this 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 readily using BTC application 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 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 instance is five times that the network difficulty, instantly following a block is found.The pool charge itself is 0.9% and transaction fees are included in the block reward, read here meaning pay-outs are rather generous relative to equal bigger mining pools, although payment may take some time.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is very prompt to respond to questions regarding the pool.China-based pool together with support for a massive range 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 additionally 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 transaction fees.

Additionally, there is no charge for mining BTM, ZEN and XDAG and this will continue until the end of August.The site is currently offering a little extra incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The site itself is nicely laid out and contains helpful information, but find here non-Chinese users who need service 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 complete a Captcha and verify your identity via text message, meaning you must have access to a mobile phone to begin mining. .

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