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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 extremely simple and you can produce a presentation miner in order to get familiar with the dashboard.

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

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It's owned and run by Bitmain, a China-based firm which also manufactures the Antminer collection of ASIC mining devices (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 reviewed mining protocol to link your device to the one nearest to you during setup, for a faster and more dependable connection.Once you have set up 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), assuming 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 ) that is 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'll earn a profit doing this unless you have a massive amount of hash power.

Prior to starting a mining pool in 2016, BTC.com was famous for creating a powerful Bitcoin wallet in addition to its own blockchain explorer.BTC.com official statement functions one of the most popular mining pools, vying with AntPool for the top place. It currently represents over 20 percent 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 (Full 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 whole 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 why not find out more of the site is useful, there's 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 application and BTC Smart Agent.A tempting niche option because of comparatively generous pay-outsNo registration requiredLow pool feesWebsite is quite 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 utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times the network difficulty, 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 with support for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up procedure necessitates phoneF2Pool (also known as DiscusFish) is a Chinese-based mining pool and has been operating since 2013.

Its also one of the most diverse pools in that while you can mine BTC, F2Pool additionally supports Litecoin, Zerocoin, Ethereum, Siacoin, DASH and Monero to name useful reference just a few.Pay-outs are made at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3 percent. The pool keeps transaction fees.

Additionally, there's absolutely no fee for mining BTM, ZEN and XDAG and this will continue until the end of August.The site is also currently offering a little additional incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The site itself is well laid out and contains helpful information, but non-Chinese users who need support are encouraged to utilize the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the swimming can be a little tricky as you need to complete a Captcha and also verify your identity via text message, meaning you should have access to a cellular phone to start mining. .

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