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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 straightforward and you can create a demo miner in order to familiarize yourself with the dashboard.

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This section on mining rewards is particularly helpful as it contains a detailed explanation of how pay-outs are measured by each user's scoring hash rate. If you switch from Slush Pool to another, then attempt to return, your score will fall significantly.Pool fees stand at 2% which is a little higher than some of the additional pools on the market.

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It is owned and operated by Bitmain, a China-based firm 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 installation, to get a faster and more dependable connection.Once you've setup 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 the amount you've mined is at least 0.001 BTC.Being the largest 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 absolutely free but AntPool will continue to keep all transaction fees. Currently, there's 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 will earn a profit doing this unless you've got a massive 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 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 calculates a standard transaction fee within a given time,adds it into the block payoff (currently 12.5 BTC) and then spreads the entire to miners as with traditional PPS (Payment Per Share).

For example, the page explaining how FPPS works failed to load, and while the help section of the site is helpful, there is no specific getting started guide 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 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 case is five times that the network difficulty, instantly after a block is found.The pool charge itself is 0.9% and transaction prices are included in the block reward, meaning pay-outs are rather generous relative to rival larger mining pools, even though payment may take some time.

Nevertheless Kano himself is an active Continue participant in the BitcoinTalk forum and is extremely 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 very varied 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 click site negative 3%. The pool keeps transaction fees.

Also, there's absolutely no fee for mining BTM, ZEN and XDAG and this will last until the end of August.The site is currently offering a little additional incentive to miners. If you mine LTC, you'll get 1000 DOGE free.The website itself is nicely laid out 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 should have access to your mobile phone to start mining. .

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