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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 largest mining pool representing around 11.4percent of hash power overall.The sign-up process is extremely simple and you can create a demo miner in order to get familiar with the dashboard.

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

It is owned and operated by Bitmain, a China-based firm that also manufactures the Antminer collection of ASIC mining devices (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 faster and more dependable connection.Once you have setup your account and entered your wallet speech, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided the amount you've mined is 0.001 BTC.Being the largest pool permits users some perks in that they can choose how they want to be rewarded.

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You can even choose PPLNS (Payment Per Last N Stocks ) which is free but AntPool will continue to keep all transaction fees. Currently, there is a new feature - from June 18th to September 18th there is no pool fee.You can mine solo if you wish but it's very unlikely you will make 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 functions one of the very popular mining pools, vying with AntPool for the top spot. It currently represents over 20 percent of total 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 period,adds it into the block reward (currently 12.5 BTC) and then distributes the entire 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 helpful, there's no special getting started manual 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 application and BTC Smart Agent.A tempting niche option due to comparatively 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 register can see more detailed statistics about the mining pool.The payment method used by KanoPool is PPLNS (Payment Per Last N you can find out more Shares). 'N' in this instance is five times the network problem, immediately following a block is found.The pool fee itself is 0.9% and transaction fees are included in the block reward, meaning pay-outs are rather generous relative to equal larger mining pools, even though payment may take some time.

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 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) foundation of negative 3%. The pool retains all transaction fees.

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