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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 biggest mining pool representing around 11.4% of hash electricity overall.The sign-up procedure 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 rewards is particularly helpful because it contains a detailed explanation of how pay-outs are quantified by each user's scoring hash rate. If you change from Slush Pool into another, then try to return, your score will drop significantly.Pool fees stand at 2% that's somewhat higher than a number of the other pools out there.

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It is owned and operated by Bitmain, a China-based company which also manufactures the Antminer collection of ASIC mining devices (you can check out our guide to the very best ASIC devices here).AntPool has servers all around the world and uses 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 dependable connection.Once you have set up your account and entered your own 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 0.001 BTC.Being the largest pool permits users some perks in that they can choose how they want to be rewarded.

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You can also choose PPLNS (Payment Per Last N Shares) which is absolutely free but AntPool will keep all transaction fees. Currently, there is 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'll make a profit doing so unless you have a colossal amount of hash power.

Prior to 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 top spot. It currently represents over 20% of overall international 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 computes a standard transaction fee within a given period,adds it to the block reward (currently 12.5 BTC) and then distributes the entire to miners as with traditional PPS (Payment Per Share).

By way of instance, the page explaining how FPPS works failed to load, and though the help section of the website is useful, there's no special getting started manual like Slush Pool. We were nevertheless able to find browse around this site all of the information needed to configure a miner. Windows users can also add and configure look at here now miners readily using BTC tool and BTC Smart Agent.A tempting niche option because of comparatively generous pay-outsNo registration requiredLow pool feesWebsite is quite basicKanoPool has been around since 2014.

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However, users that do choose to register 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 instance is five times the network problem, immediately following a block is found.The pool fee itself is 0.9percent and transaction fees are included in the block reward, 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 about the pool.China-based pool together with support for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process necessitates phoneF2Pool (also known as DiscusFish) is a Chinese-based mining pool and has been operating since 2013.

Its also one of the very diverse pools in that while you can mine BTC, F2Pool also 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) basis of negative 3%. The pool retains transaction fees.

Additionally, there is no fee for mining BTM, ZEN and XDAG and this will continue until the end of August.The site is currently offering a little additional incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The website itself is nicely laid out and contains useful information, but non-Chinese customers who need service are encouraged to utilize the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the swimming can be a bit tricky as you need to complete a Captcha and verify your identity via text message, meaning you must have access to a mobile phone to start mining. .

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