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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 biggest mining pool representing around 11.4% of hash electricity overall.The sign-up process is extremely straightforward and you can produce a demo miner in order to familiarize yourself with the dashboard.

This section on mining rewards is particularly helpful because it contains a detailed explanation of how pay-outs are measured by each user'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 a number of the additional pools on the market.

It is owned and operated by Bitmain, a China-based company that also manufactures the Antminer series of ASIC mining apparatus (you can have a look at our guide to the 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, to get a quicker and more reliable connection.Once you've 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), provided the amount you've mined is at least 0.001 BTC.Being the largest pool allows users some 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) which is free but AntPool will keep all transaction fees. Currently, there is a new feature - from June 18th to September 18th there is no pool fee.You can mine if you want but it's very unlikely you will make a profit doing so unless you have a colossal amount of hash power.

Before 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 most popular mining pools, vying with AntPool for the her explanation best place. 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 process of rewarding miners known as FPPS (Total pay-per Share). FPPS calculates a standard transaction fee within a given period,adds it into the block payoff (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 while the help section of the site is useful, there is no specific getting started guide 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 readily using BTC application and BTC Smart Agent.A tempting niche option because of relatively 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 enroll 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 problem, instantly after a block is found.The pool charge itself is 0.9percent and transaction fees are included in the block benefit, meaning pay-outs are quite 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 very 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 very diverse pools in that while you can mine BTC, F2Pool additionally 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 percent. The pool retains all transaction fees.

Also, there is no fee 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 will get 1000 DOGE free.The website itself is nicely laid out and contains useful 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 you need to fill out a Captcha and also verify your identity through text message, meaning you must have access to a cellular phone to start mining. .