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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 biggest mining pool representing around 11.4percent of hash electricity overall.The sign-up procedure is very simple and you can produce a presentation miner in order to familiarize yourself with the dash.

This section on mining benefits is especially helpful because it contains a detailed explanation of how pay-outs are quantified by each consumer's scoring hash pace. If you change from Slush Pool to another, then try to return, your score will fall significantly.Pool fees stand at 2% that's a little higher than some of the other pools on the market.

It is owned and run 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 reviewed mining protocol to link your device to the one nearest to you during installation, for a quicker and more reliable connection.Once you have setup your account and entered your own 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 0.001 BTC.Being the greatest pool permits users some perks in that they can select how they want to be rewarded.

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You can even select 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 wish but it's very unlikely you will make a profit doing this unless you have a massive amount of hash electricity.

Prior to starting a mining pool in 2016, BTC.com was famous for creating a strong 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 place. It currently represents over 20% of overall 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 calculates a standard transaction fee within a given time,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 example, the page explaining how FPPS works failed to load, and while the help section of the website is useful, there is no specific getting started company website 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 application 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 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 after a block is found.The pool fee itself is 0.9% and transaction fees 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 extremely prompt to respond to questions about the pool.China-based pool together 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 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 percent. The pool keeps all transaction fees.

Also, there is no charge for mining BTM, ZEN and XDAG and this will last until the end of August.The site is also currently offering a little extra incentive to miners. If you mine LTC, you'll discover this info here get 1000 DOGE free.The site itself is nicely laid out and contains useful information, but non-Chinese customers who need support are encouraged to use the official F2Pool English language thread in the BitcoinTalk check this forums.The sign-up process for the pool 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 mobile phone to start mining. .