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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 biggest mining pool representing around 11.4% of hash power overall.The sign-up procedure is very simple and you can create a demo miner in order to get familiar with the dashboard.

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This section on mining benefits is particularly helpful as it contains a thorough explanation of how pay-outs are measured 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 percent which is a little higher than some of the other pools out there.

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It's owned and run by Bitmain, a China-based company that also manufactures the Antminer collection of ASIC mining apparatus (you can check out our guide to the best ASIC devices here).AntPool has servers all around the world and makes use of an innovative peer reviewed mining protocol to link your device to the one nearest to you during setup, to get a quicker and more dependable connection.Once you have 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), assuming that 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 also choose PPLNS (Payment Per Last N Shares) which is free but AntPool will keep all transaction fees. Currently, there's a new attribute - from June 18th to September 18th there's no pool fee.You can mine solo if you want but it's very unlikely you will make a profit doing so unless you have a massive amount of hash electricity.

Before 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 place. It currently represents over 20 percent of total global hash electricity.

BTC.com currently supports mining only Bitcoin and Bitcoin Cash.Ever innovative, BTC.com has its own method of rewarding miners known as FPPS (Full pay-per Share). FPPS official website calculates a standard transaction fee within a given time,adds it into the block payoff (currently 12.5 BTC) and then distributes the entire to miners as with traditional PPS (Payment Per Share).

By way of instance, the page explaining how FPPS works failed to load, and while the help section of the site is helpful, there is no special 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 due to relatively 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 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 case is five times the network difficulty, instantly following a block is found.The pool charge itself is 0.9percent and transaction prices are included in the block reward, meaning pay-outs are rather generous relative to equal larger mining pools, although payment may take some time.

Nevertheless Kano himself is an active 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 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 created at midnight UTC each day on a PPS (Payment Per Share) foundation of negative 3%. The pool keeps transaction fees.

Additionally, there is no charge 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 will get 1000 DOGE free.The site itself is well laid out and contains useful 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 your swimming can be a bit tricky as you need to complete a Captcha and also verify your identity via text message, meaning you should have access to your mobile phone to start mining. .

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