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It is 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 11.4percent of hash power overall.The sign-up procedure is very simple and you can produce a demo miner in order to get familiar with the dash.

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

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It is owned and run by Bitmain, a China-based firm 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-to-peer mining protocol to link your device to the one nearest to you during setup, to get a quicker and more dependable connection.Once you have setup your account and entered your own wallet address, 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 at least 0.001 BTC.Being the largest pool permits users some 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 Stocks ) that is free but AntPool will continue to 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 want but it's very unlikely you will earn a profit doing so unless you've got a massive amount of hash electricity.

Prior to starting a mining pool in 2016, BTC.com was already famous for creating a strong Bitcoin wallet in addition to its own blockchain explorer.BTC.com operates one of the very popular mining pools, vying with AntPool for the top spot. It currently represents over 20 percent of overall international hash electricity.

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 time,adds it to the block payoff (currently 12.5 BTC) and then distributes the entire to miners as with traditional PPS (Payment Per Share).

For example, the page explaining how FPPS works failed to load, and though the help section of the website is helpful, there's no special 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 tool and BTC Smart Agent.A tempting niche option due to 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 the network problem, immediately following a block is found.The pool fee itself is 0.9percent and transaction fees are included in the block benefit, meaning pay-outs explanation are quite generous relative to equal larger mining pools, although payment may take a while.

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 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 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%. The pool retains transaction fees.

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

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