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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 procedure is extremely straightforward and you can create a presentation miner in order to familiarize yourself with the dashboard.

 

 

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

 

 

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It's owned and run by Bitmain, a China-based firm which also manufactures the Antminer series of ASIC mining devices (you can have a look at our guide to the very best ASIC devices here).AntPool has servers all around the globe and makes use of an innovative peer reviewed mining protocol to link your device to the one nearest to you during installation, to get a quicker and more reliable connection.Once you've set up your account and entered your wallet address, payments are sent every day between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided that the amount you've mined is at least 0.001 BTC.Being the largest pool allows users any perks in that they can select how they want to be rewarded.

 

 

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You can also choose PPLNS (Payment Per Last N Shares) 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 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 colossal amount of hash power.

Before starting a mining pool in 2016, BTC.com was famous for creating a powerful Bitcoin wallet as well as its own blockchain explorer.BTC.com operates one of the very popular mining pools, vying with AntPool for the best spot. It currently represents over 20% of total global hash power.

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 to the block payoff (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 though the help section of the site is useful, there is no specific getting started guide 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 readily using BTC application and BTC Smart Agent.A tempting niche option due to relatively generous pay-outsNo registration requiredLow pool feesWebsite is very basicKanoPool has been around since 2014.

 

 

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However, users that 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 the network difficulty, immediately following a block is found.The pool fee itself is 0.9percent and transaction fees are included in the block reward, meaning pay-outs are rather generous relative to rival bigger mining pools, even though payment may take some time.

Nevertheless Kano himself is an you could try these out active participant in the BitcoinTalk forum and is very prompt to check out this site respond to questions regarding the pool.China-based pool together with support for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process necessitates phoneF2Pool (also known as DiscusFish) is a Chinese-based mining pool and has been operating since 2013.

Its also one of the very diverse 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 made at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3 percent. The pool keeps all transaction fees.

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

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