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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 11.4percent of hash power overall.The sign-up process is very straightforward and you can create a demo miner in order to familiarize yourself with the dashboard.

This section on mining rewards is especially helpful as it contains a thorough explanation of how pay-outs are measured by each user's scoring hash pace. Should you change from Slush Pool into another, then try 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 is owned and operated 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 very best ASIC devices here).AntPool has servers all around the globe and uses an innovative peer reviewed 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 address, payments are sent every day between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), assuming the amount you've mined is 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) that is free but AntPool will continue to 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 want but it's very unlikely you will make a profit doing this unless you've got a colossal amount of hash electricity.

Prior to 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 operates one of the very popular mining pools, vying with AntPool for the top place. It currently represents over 20% 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 (Total Pay Per Share). FPPS computes a standard transaction fee within a given period,adds it into the block payoff (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 useful, there is no specific 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 enroll can see more detailed statistics about the mining pool.The payment method utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this instance is five times the network problem, immediately following a block is found.The pool fee 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, 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 about the pool.China-based pool together with support for a massive range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process 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 additionally supports Litecoin, Zerocoin, Ethereum, Siacoin, DASH and Monero to name just a few.Pay-outs are made site at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3%. The pool keeps transaction fees.

Additionally, there is no charge useful content for mining BTM, ZEN and XDAG and this will last until the end of August.The website is currently offering a little additional incentive to miners. If you mine LTC, you will get 1000 DOGE free.The website itself is well laid out and contains helpful information, but non-Chinese customers who need support are encouraged to utilize the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for the pool can be a bit tricky as you need to complete a Captcha and also verify your identity through text message, meaning you should have access to a mobile phone to begin mining. .