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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 11.4% of hash power overall.The sign-up process is very straightforward and you can create a presentation miner in order to get familiar with the dashboard.

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This section on mining benefits is especially helpful as it contains a thorough explanation of how pay-outs are quantified by each user's scoring hash rate. If you switch from Slush Pool into another, then attempt to return, your score will drop significantly.Pool fees stand at 2% which is a little 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 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, for a faster and more reliable connection.Once you have setup your account and entered your own wallet address, payments are sent every day between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided that the amount you've mined is 0.001 BTC.Being the greatest pool permits users some perks in that they can choose how they want to get rewarded.

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You can even select PPLNS (Payment Per Last N Shares) which is free but AntPool will keep all transaction fees. Currently, there's a new feature - from June 18th to September 18th there's no pool fee.You can mine solo if you wish but it's very unlikely you will earn a profit doing this unless you have 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 functions one of the most popular mining pools, vying with AntPool for the top place. 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 (Total pay-per Share). FPPS computes 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).

By way of example, the page explaining how FPPS works failed to load, and though the help section of the site is helpful, there's no special getting started guide as with 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 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 method utilized other by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times that the network difficulty, instantly following a block is found.The pool charge itself is 0.9percent and transaction fees are included in the block reward, meaning pay-outs are rather generous relative to equal bigger mining pools, even though payment may take a while.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is extremely prompt to respond to questions regarding the pool.China-based pool with support for a massive 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 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 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 1 LTC, you'll get 1000 DOGE free.The site itself is well laid out and contains helpful information, but non-Chinese users who need service 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 also verify your identity via text message, meaning you should have access to a cellular phone to start mining. .

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