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

This section on mining benefits is particularly helpful because it contains a detailed explanation of how pay-outs are quantified by each consumer's scoring hash pace. If you change from Slush Pool to another, then attempt to return, your score will drop significantly.Pool fees stand at 2 percent which is somewhat higher than some of the additional pools out there.

It's owned and run 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 globe 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), assuming that the amount you've mined is 0.001 BTC.Being the largest pool permits users any 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) which 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 solo if you wish but it's very unlikely you'll earn 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 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 best spot. It currently represents over 20% of total international hash electricity.

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 calculates a standard transaction fee within a given time,adds it into 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 though the help section of the site is useful, there's no special 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 readily using BTC tool 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 who do choose to Learn More 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 Home Page case is five times that the network difficulty, instantly after a block is found.The pool charge itself is 0.9percent and transaction fees are included in the block benefit, meaning pay-outs are quite 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 support 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 most diverse pools in that while you can mine BTC, F2Pool additionally 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) foundation of negative 3%. The pool retains transaction fees.

Additionally, there is no fee for mining BTM, ZEN and XDAG and this will continue until the end of August.The website is also currently offering a little additional incentive to miners. If you mine 1 LTC, you'll get 1000 DOGE free.The website itself is well laid out and contains useful information, but non-Chinese customers who need support are encouraged to utilize the official F2Pool English language thread in the BitcoinTalk forums.The sign-up process for the swimming can be a bit tricky as you need to complete a Captcha and verify your identity via text message, meaning you must have access to your cellular phone to start mining. .