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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 presentation miner in order to familiarize yourself with the dashboard.

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

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It is owned and run by Bitmain, a China-based company which 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 uses an innovative peer reviewed mining protocol to link your device to the one nearest to you during setup, for a quicker and more dependable connection.Once you've setup your account and entered your wallet speech, payments are sent daily 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 greatest pool permits users some perks in that they can select how they want to get rewarded.

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You can also choose PPLNS (Payment Per Last N Stocks ) which is free but AntPool will keep all transaction fees. Currently, there is 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 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 famous for creating a powerful Bitcoin wallet in addition to its own blockchain explorer.BTC.com 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 time,adds it into the block payoff (currently 12.5 BTC) and then spreads the entire to miners check my source as with traditional PPS (Payment Per Share).

For instance, the page explaining how FPPS works failed to load, and while the help section of the site is useful, there's no special getting started manual 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 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 that do choose to enroll 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, instantly following a block is found.The pool fee itself is 0.9% and transaction fees are included in the block benefit, Our site meaning pay-outs are rather generous relative to rival larger mining pools, although 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 together with assistance for a massive 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 very varied pools in that while you can mine BTC, F2Pool also 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) basis of negative 3%. The pool retains transaction fees.

Also, there is no fee for mining BTM, ZEN and XDAG and this will last until the end of August.The site is also currently offering a little extra incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The site itself is nicely laid out and contains helpful information, but 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 your swimming can be a bit tricky as check here you need to complete a Captcha and verify your identity via text message, meaning you must have access to your cellular phone to begin mining. .

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