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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 11.4% of hash power overall.The sign-up process is very simple and you can create a presentation miner in order to get familiar with the dashboard.

This section on mining rewards is especially helpful because it contains a thorough explanation of how pay-outs are quantified by each consumer's scoring hash rate. 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.

It's owned and run by Bitmain, a China-based company that also manufactures the Antminer collection of ASIC mining devices (you can check out our guide to the best ASIC devices here).AntPool has servers all around the globe 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 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), provided 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 choose PPLNS (Payment Per Last N Shares) which is free but AntPool will continue to keep all transaction fees. Currently, there's a new feature - from June 18th to September 18th there is no pool fee.You can mine solo if you want but it's very unlikely you will make a profit doing so unless you have a colossal amount of hash electricity.

Prior to 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 functions one of the very popular mining pools, vying with AntPool for the top spot. It currently represents over 20% of total international 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 (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 spreads 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 site 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 easily using BTC additional hints application 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 see more detailed statistics about the mining pool.The payment method utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times the network difficulty, instantly following a block is found.The pool fee itself is 0.9% and transaction prices are included in the block reward, meaning pay-outs are rather generous relative to rival bigger mining pools, even though payment may take a while.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is How To Trade Cryptocurrency For Profit extremely prompt to respond to questions regarding the pool.China-based pool with support for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up procedure requires 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 visit this web-site 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 keeps all transaction fees.

Also, there is no fee 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 LTC, you will get 1000 DOGE free.The website itself is well laid out and contains useful information, but non-Chinese users who need service are encouraged to utilize the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the swimming 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. .