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It is 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 electricity overall.The sign-up procedure is very straightforward and you can produce a presentation miner in order to familiarize yourself with the dash.

This section on mining benefits is particularly helpful as it contains a thorough explanation of how pay-outs are measured by each user's scoring hash pace. Should you switch from Slush Pool to another, then attempt to return, your score will fall 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 series 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 setup, for a quicker and more reliable 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 that the amount you've mined is at least 0.001 BTC.Being the greatest pool permits 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 absolutely free but AntPool will 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'll earn a profit doing so unless you have a massive amount of hash power.

Before starting a mining pool in 2016, BTC.com was already 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 top place. It currently represents over 20% of total why not find out more global 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 computes a standard transaction fee within a given time,adds it into 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 though the help section of the website is helpful, there is no specific getting started manual 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 readily using BTC tool and BTC Smart Agent.A tempting niche option due to relatively Visit Website 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 see more detailed statistics about the mining pool.The payment method used by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times that the network problem, immediately after a block is found.The pool fee itself is 0.9percent and transaction prices are included in the block reward, meaning pay-outs are quite generous relative to rival bigger 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 regarding the pool.China-based pool with support for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process necessitates phoneF2Pool (also known as DiscusFish) is a Scrypt Cloud Mining 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 also 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%. The pool keeps all transaction fees.

Additionally, there's absolutely 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 extra incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The website itself is well laid out and contains useful information, but non-Chinese users who need support are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your swimming can be a little tricky as you need to fill out a Captcha and also verify your identity through text message, meaning you must have access to a mobile phone to begin mining. .