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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 11.4% of hash electricity overall.The sign-up process is extremely simple and you can produce a presentation miner in order to familiarize yourself with the dashboard.

This section on mining rewards is especially helpful because it contains a detailed explanation of how pay-outs are quantified by each consumer's scoring hash pace. Should you switch from Slush Pool to another, then attempt to return, your score will fall significantly.Pool fees stand at 2% which is somewhat higher than a number of the additional pools on the market.

It's owned and run by Bitmain, a China-based firm that also manufactures the Antminer series of ASIC mining devices (you can check out our guide to the very best ASIC devices here).AntPool has servers all around the globe and makes use of an innovative peer reviewed 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 setup your account and entered your wallet speech, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided the amount you've mined is at least 0.001 BTC.Being the greatest 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) that is free but AntPool will 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 want but it's very unlikely you will earn 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 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% 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 (Full next page Pay Per Share). FPPS computes a standard transaction fee within a given time,adds it to the block reward (currently 12.5 BTC) and then spreads the entire to miners as with traditional PPS (Payment Per Share).

For instance, the page explaining how FPPS works failed to load, and while the help section of the website is helpful, there is no specific getting started guide like Slush Pool. We were nevertheless able to find all of the information needed additional hints to configure a miner. Windows users can also add and configure miners easily using BTC tool 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.

Bitcoin Mining Android Gpu - Questions

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 case is five times that the network problem, instantly after a block is found.The pool charge itself is 0.9percent and transaction fees are included in the block reward, meaning pay-outs are quite generous relative to rival bigger mining pools, although 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 assistance for a huge 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 you can find out more 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%. The pool retains transaction fees.

Also, 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 extra incentive to miners. If you mine LTC, you will 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 utilize the official F2Pool English language ribbon in the BitcoinTalk 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 should have access to your mobile phone to start mining. .