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It is the oldest currently active mining pool and has an excellent reputation for stability and precision. Currently Slush Pool is the fourth biggest mining pool representing around 11.4% of hash electricity overall.The sign-up procedure is extremely straightforward and you can produce a presentation miner in order to get familiar with the dashboard.

This section on mining rewards is particularly helpful as it contains a thorough explanation of how pay-outs are quantified by every user's scoring hash pace. If you switch from Slush Pool to another, then attempt to return, your score will fall significantly.Pool fees stand at 2% that's somewhat higher than some of the other pools out there.

It is owned and run by Bitmain, a China-based firm that also manufactures the Antminer series of ASIC mining apparatus (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, to get a quicker and more reliable connection.Once you have 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), assuming the amount you've mined is 0.001 BTC.Being the largest pool allows users some perks in that they can select how they want to be rewarded.

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You can even select PPLNS (Payment Per Last N Shares) that is free but AntPool will continue to keep all transaction fees. Currently, there's 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 will earn a profit doing this unless you have a massive amount of hash power.

Before starting a mining pool in 2016, BTC.com was already famous for creating a strong Bitcoin wallet in addition to its own blockchain explorer.BTC.com operates one of the very popular index mining pools, vying with AntPool for the best spot. It currently represents over 20% of overall international hash power.

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 computes a standard transaction fee within a given time,adds it to the block payoff (currently 12.5 BTC) and then distributes the whole 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 site is useful, there is no specific getting started manual like Slush Pool. We were nevertheless able to find all 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 relatively generous pay-outsNo registration requiredLow pool feesWebsite is quite basicKanoPool has been around since 2014.

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However, users Click This Link that do choose to enroll can view 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 that the network difficulty, instantly following a block is found.The pool fee itself is 0.9% and transaction fees are included in the block benefit, 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 about the pool.China-based pool see page together with support for a massive 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 varied pools in that while you can mine BTC, F2Pool also supports 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.

Additionally, there is no charge for mining BTM, ZEN and XDAG and this will continue until the end of August.The website is currently offering a little extra incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The site itself is nicely laid out and contains helpful information, but non-Chinese users 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 little 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 begin mining. .