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It's 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 11.4% of hash electricity overall.The sign-up procedure is very straightforward and you can produce a demo miner in order to familiarize yourself with the dashboard.

This section on mining rewards is particularly helpful as it contains a thorough explanation of how pay-outs are quantified by every user's scoring hash pace. If you change from Slush Pool into another, then try to return, your score will drop significantly.Pool fees stand at 2 percent which is somewhat higher than some of the additional pools on the market.

It's owned and operated by Bitmain, a China-based firm which 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 uses 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've set up your account and entered your wallet speech, 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 allows users any perks in that they can choose how they want to be rewarded.

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You can also select PPLNS (Payment Per Last N Shares) which is absolutely free but AntPool will keep all transaction fees. Currently, there's a new attribute - from June 18th to September 18th there is no pool fee.You can mine if you want but it's very unlikely you'll earn a profit doing this unless you have a colossal amount of hash electricity.

Before 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% visit their website 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 (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 distributes the entire 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 useful, there is no special 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 easily using BTC tool and BTC Smart Agent.A tempting niche option because of comparatively generous pay-outsNo registration requiredLow pool feesWebsite is very basicKanoPool has been around since 2014.

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However, users that do choose to enroll can view more detailed statistics about the mining pool.The payment system used 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 fee itself is 0.9% and transaction fees are included in the block benefit, meaning pay-outs are quite generous relative to rival larger mining pools, even though payment may take some time.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is very prompt to respond to questions about the pool.China-based pool with support for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up procedure necessitates 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 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) basis of negative 3%. The pool retains transaction fees.

Additionally, there is no charge for mining BTM, ZEN and XDAG and this will last until the end of August.The site is currently offering a little additional incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The website 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 forums.The sign-up process for your swimming can be a little tricky as you need to complete a Captcha and also verify your identity through text message, meaning you should have access to a cellular phone to start mining. .