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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 process is very straightforward and you can produce a demo miner in order to familiarize yourself with the dashboard.

This section on mining rewards is particularly helpful as it contains a detailed explanation of how pay-outs are measured by every consumer's scoring hash rate. If you switch from Slush Pool to another, then attempt to return, your score will drop significantly.Pool fees stand at 2% that's somewhat higher than a number of the other pools out there.

It is owned and run by Bitmain, a China-based firm that also manufactures the Antminer series of ASIC mining devices (you can check out our guide to the very 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 installation, to get a faster and more reliable connection.Once you've set up your account and entered your own wallet address, 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 greatest pool allows 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) that is free but AntPool will 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 want but it's very unlikely you will earn a profit doing so unless you've got a colossal amount of hash power.

Prior to 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 place. It currently represents over 20% of overall 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 (Full pay-per Share). FPPS calculates a standard transaction fee within a given time,adds it into the block reward (currently 12.5 BTC) and then distributes 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 useful, there's no specific getting started manual like Slush Pool. We were nevertheless able to find all of the information needed to configure a miner. Windows users can also add and configure my latest blog post miners easily using BTC tool and BTC Smart Agent.A tempting niche option because of relatively 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 register can see more detailed statistics about the mining pool.The payment system utilized by KanoPool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times that the network problem, immediately following a block is found.The pool charge itself is 0.9% and transaction prices are included in the block reward, meaning pay-outs are quite generous relative to rival larger mining pools, although payment may take some time.

Nevertheless Kano himself is an active participant in the BitcoinTalk forum and is very prompt to respond to questions about the pool.China-based pool together with support for a huge range of virtual currenciesClear fee structureSupports multiple cryptocurrenciesSign-up process necessitates 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 created at midnight UTC each day on a PPS (Payment Per Share) basis of negative 3 percent. The pool keeps transaction fees.

Also, there's absolutely no charge for mining BTM, ZEN and XDAG and this will continue until the end of August.The website is also currently offering a little extra incentive to miners. If you mine LTC, you will get 1000 DOGE free.The website itself is nicely laid out and contains helpful information, but non-Chinese customers who need service are encouraged to use the official F2Pool English language ribbon in the BitcoinTalk forums.The sign-up process for your 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 start mining. .