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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 extremely straightforward and you can produce a presentation miner in order to get familiar with the dash.

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This section on mining benefits is especially helpful as it contains a detailed explanation of how pay-outs are measured by each user'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 that's a little higher than some of the additional pools on the market.

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It's owned and operated by Bitmain, a China-based company which also manufactures the Antminer collection of ASIC mining devices (you can have a look at our guide to the best ASIC devices here).AntPool has servers all around the globe 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'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), assuming the amount you've mined is at least 0.001 BTC.Being the largest pool permits users any perks in that they can choose how they want to get rewarded.

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You can even choose PPLNS (Payment Per Last N Shares) that is absolutely 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 solo if you wish but it's very unlikely you'll make a profit doing so unless you've got a colossal amount of hash power.

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 best spot. It currently represents over 20 percent of overall 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 (Full pay-per Share). FPPS computes 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).

By way of example, the page explaining how FPPS works failed to load, and though the help section of the site is helpful, there is no specific getting started guide 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 easily 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 who do choose to enroll 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 instance is five times my website that the network difficulty, immediately following a block is found.The pool charge itself is 0.9percent and transaction prices are included in the block reward, meaning pay-outs are rather generous relative to rival larger mining pools, although payment may take some time.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is extremely prompt to respond to questions about the pool.China-based pool with assistance for a huge 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 diverse pools in that while you can mine BTC, F2Pool also supports Litecoin, Zerocoin, Ethereum, Siacoin, DASH and Monero to name just a few.Pay-outs are created at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3%. The pool retains all transaction fees.

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

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