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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 largest mining pool representing around 11.4percent of hash power overall.The sign-up process is very straightforward and you can produce a demo miner in order to get familiar with the dashboard.

 

 

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This section on mining benefits is especially helpful because it contains a detailed explanation of how pay-outs are measured by each consumer's scoring hash pace. Should you change from Slush Pool to another, then try to return, your score will drop significantly.Pool fees stand at 2 percent that's somewhat higher than some of the other pools out there.

 

 

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It is owned and operated by Bitmain, a China-based company 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 globe and uses an innovative peer-to-peer mining protocol to link your device to the one nearest to you during installation, for a quicker and more dependable connection.Once you've setup your account and entered your own wallet address, 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 select how they want to be rewarded.

 

 

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You can also choose PPLNS (Payment Per Last N Shares) which is 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 if you wish but it's very unlikely you'll earn a profit doing this 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 place. It currently represents over 20 percent of total global hash power.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its own method 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 payoff (currently 12.5 BTC) and then spreads the whole to miners as with traditional PPS (Payment Per Share).

For instance, the page explaining how FPPS works failed to load, and though the help section of the website is useful, there is no special getting started guide like 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 see more detailed statistics about the mining pool.The payment method utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times the network problem, instantly after a block is found.The pool fee itself is 0.9percent and transaction prices are included in the block reward, 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 regarding the pool.China-based pool together with support 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 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 made at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3 percent. The pool retains all transaction fees.

Also, there is no fee for mining BTM, ZEN Look At This and XDAG and this will last until the end of August.The site is currently offering a little extra incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The website itself is well laid out and contains helpful information, but non-Chinese customers who need service are encouraged to use the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the pool can be a little tricky as you need to fill out a Captcha and also verify your identity via text message, meaning you must have access to a mobile phone to start mining. .

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