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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 biggest mining pool representing around 11.4% of hash power overall.The sign-up procedure is very simple and you can produce a presentation miner in order to familiarize yourself 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 measured by each consumer's scoring hash rate. If you change from Slush Pool into another, then attempt to return, your score will fall significantly.Pool fees stand at 2 percent which is somewhat higher than some of the other pools on the market.

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It's owned and operated by Bitmain, a China-based firm which also manufactures the Antminer series of ASIC mining apparatus (you can have a look at our guide to the very best ASIC devices here).AntPool has servers all around the world and makes use of an innovative peer-to-peer mining protocol to link your device to the one nearest to you during installation, to get a quicker and more reliable connection.Once you have set up your account and entered your 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 0.001 BTC.Being the greatest pool permits users some perks in that they can choose how they want to be rewarded.

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You can also select PPLNS (Payment Per Last N Shares) that is free but AntPool will continue to keep all transaction fees. Currently, there is a new feature - from June 18th to September 18th there's no pool fee.You can mine if you wish but it's very unlikely you'll earn a profit doing this unless you have a colossal amount of hash power.

Prior to starting a mining pool in 2016, BTC.com was famous for creating a strong Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the very popular mining pools, vying with AntPool for the best spot. It currently represents over 20 percent of overall international 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 (Full Pay Per Share). FPPS calculates a standard transaction fee within a given period,adds it to the block reward (currently 12.5 BTC) and then spreads the whole to miners as with traditional PPS (Payment Per Share).

For instance, the page explaining how FPPS works failed to load, and while the my site help section of the site is useful, there's no special getting started manual like Slush Pool. We were a fantastic read 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 relatively 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 method utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times that the network problem, instantly after a block is found.The pool charge itself is 0.9percent and transaction prices are included in the block reward, meaning pay-outs are quite generous relative to equal bigger mining pools, even though payment may take some time.

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 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 most 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) basis of negative 3 percent. The pool retains all transaction fees.

Also, there is no fee for mining BTM, ZEN and XDAG and this will click now continue until the end of August.The site is currently offering a little additional incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The site itself is nicely laid out and contains useful information, but non-Chinese users who need service are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your pool can be a little tricky as you need to fill out a Captcha and also verify your identity via text message, meaning you must have access to a cellular phone to begin mining. .

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