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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 largest mining pool representing around 11.4% 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.

This section on mining rewards is particularly helpful because it contains a thorough explanation of how pay-outs are measured by each user's scoring hash rate. Should you change from Slush Pool into another, then try to return, your score will fall significantly.Pool fees stand at 2 percent that's somewhat higher than some of the additional pools out there.

It is owned and run by Bitmain, a China-based company which also manufactures the Antminer collection of ASIC mining apparatus (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, for a faster and more dependable connection.Once you have setup your account and entered your wallet address, 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 allows users some perks in that they can select how they want to be rewarded.

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You can even choose PPLNS (Payment Per Last N Shares) that is free but AntPool will continue to keep all transaction fees. Currently, there is a new attribute - from June 18th to September 18th there is no pool fee.You can mine if you want but it's very unlikely you'll earn a profit doing this unless you have a massive amount of hash power.

Before starting a mining pool in 2016, BTC.com was famous for creating a strong Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the most popular mining pools, vying with AntPool for the top spot. It currently represents over 20 percent of total global hash electricity.

BTC.com official source 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 into the block reward (currently 12.5 BTC) and then distributes the whole to miners as with traditional PPS (Payment Per Share).

By way of example, the page explaining how FPPS works failed to load, and while the help section of the website is helpful, there's no specific getting started guide 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 because of comparatively generous pay-outsNo registration requiredLow pool feesWebsite is very basicKanoPool has been around since 2014.

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However, users that do choose to enroll can see 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 you can look here times that the network difficulty, instantly after 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 bigger mining pools, although payment may take a while.

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 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 just a few.Pay-outs are made at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3 percent. The pool keeps transaction fees.

Also, there is no charge for mining BTM, ZEN and XDAG and this will last until the end of August.The site is also currently offering a little additional incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The site itself is well laid out and contains useful information, but non-Chinese users who need service are encouraged to use the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your pool can be a little tricky as you need to fill out a Captcha and also verify your identity through text message, meaning you should have access to your cellular phone to start mining. .