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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 electricity overall.The sign-up process is very simple and you can produce a demo miner in order to familiarize yourself with the dash.

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

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It's owned and operated by Bitmain, a China-based company which 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 makes use of an innovative peer-to-peer 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 set up your account and entered your own wallet speech, payments are sent daily 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 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 Shares) which is free but AntPool will continue to 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 massive amount of hash power.

Before starting a mining pool in 2016, BTC.com was already famous for creating a powerful Bitcoin wallet as well as its own blockchain explorer.BTC.com operates one of the most popular mining pools, vying with AntPool for the best place. It currently represents over 20 percent 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 (Full pay-per Share). FPPS calculates a standard transaction fee within a given period,adds it into the block reward (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 while the help section of the website is useful, there is no special 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 readily using BTC application and BTC Smart Agent.A tempting niche option due to relatively 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 method utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times that the network problem, immediately following a block is found.The pool charge itself is 0.9% and transaction fees are included in the block reward, meaning pay-outs are quite generous relative to equal larger mining pools, although 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 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 very varied 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 created at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3%. The pool retains all transaction fees.

Also, there's absolutely no fee for mining BTM, ZEN and XDAG and this will continue until the end of August.The site is Full Report also currently offering a little additional incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The website itself is well laid out and contains helpful 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 the swimming can be a little tricky as you need to fill out a Captcha and verify your identity through text message, meaning you must have access to a cellular phone to start mining. .

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