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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 biggest mining pool representing around 11.4percent of hash power overall.The sign-up process is very straightforward and you can create a presentation miner in order to get familiar with the dash.

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This section on mining benefits is especially helpful because it contains a detailed explanation of how pay-outs are quantified by every user's scoring hash rate. If you switch from Slush Pool to another, then try to return, your score will drop significantly.Pool fees stand at 2 percent which is somewhat higher than a number of the additional pools on the market.

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It is owned and operated by Bitmain, a China-based firm that 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 world and uses an innovative peer reviewed mining protocol to link your device to the one nearest to you during setup, to get a faster 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), provided that 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 be rewarded.

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You can even select PPLNS (Payment Per Last N Stocks ) that is free but AntPool will continue to keep all transaction fees. Currently, there is a new attribute - from June 18th to September 18th there's no pool fee.You can mine if you wish but it's very unlikely you'll make a profit doing so unless you've got a massive amount of hash electricity.

Prior to starting a mining pool in 2016, BTC.com was famous for creating a powerful Bitcoin wallet as well as its own blockchain explorer.BTC.com operates one of the very popular mining pools, vying with AntPool for the top spot. It Recommended Reading 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 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 reward (currently 12.5 BTC) and then spreads the whole to miners as with traditional PPS (Payment Per Share).

By way of instance, 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 manual as with 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 comparatively 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 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 that the network problem, immediately 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 equal larger mining pools, even though 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 assistance for a huge 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 most varied pools in that while you can mine BTC, F2Pool additionally 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 transaction fees.

Additionally, there is 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 additional incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The site itself is nicely laid out Learn More and contains helpful information, but non-Chinese users who need service are encouraged to utilize the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the pool can be a bit tricky as you need to complete a Captcha and verify your identity through text message, meaning you must have access to a cellular phone to begin mining. .

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