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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 straightforward and you can create a demo miner in order to get familiar with the dashboard.

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This section on mining rewards is particularly helpful as it contains a thorough explanation of how pay-outs are quantified by each consumer's scoring hash pace. If you switch from Slush Pool into another, then try to return, your score will drop significantly.Pool fees stand at 2% which is somewhat higher than some of the additional 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 devices (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 reviewed mining protocol to link your device to the one nearest to you during setup, to get a quicker and more reliable connection.Once you've set up your account and entered your wallet speech, payments are sent every day between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided the amount you've mined is at least 0.001 BTC.Being the greatest pool permits users any perks in that they can choose how they want to be 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's a new feature - from June 18th to September 18th there's no pool fee.You can mine solo if you wish but it's very unlikely you will earn a profit doing this unless you've got 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 operates one of the very 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 (Full Pay Per Share). FPPS computes a standard transaction fee within a given time,adds it to the block payoff (currently 12.5 BTC) and then spreads the whole to miners as with traditional PPS (Payment Per Share).

By way of example, the page explaining how FPPS her explanation works failed to load, and though the help section of the website is useful, there's no special getting started manual as with Slush Pool. We were nevertheless able to find all 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 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 method used by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times that the network problem, instantly following a block is found.The pool charge itself is 0.9% and transaction fees are included you can try these out in the block benefit, meaning pay-outs are rather generous relative to rival larger 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 about the pool.China-based pool with support 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 diverse 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 a PPS (Payment Per Share) foundation of negative 3%. The pool keeps all transaction fees.

Also, there is no charge for mining BTM, ZEN and XDAG and this will continue until the end of August.The site is also currently offering a little extra incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The website itself is well laid out and contains helpful information, but non-Chinese customers who need service are encouraged to use the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process find more for your swimming can be a little tricky as you need to fill out a Captcha and verify your identity via text message, meaning you should have access to a mobile phone to begin mining. .

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