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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 extremely simple and you can create a demo miner in order to get familiar with the dashboard.

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This section on mining rewards is particularly helpful as it contains a thorough explanation of how pay-outs are quantified by each user's scoring hash pace. If you change from Slush Pool to another, then try to return, your score will drop significantly.Pool fees stand at 2% that's somewhat higher than some of the other pools out there.

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It is owned and run by Bitmain, a China-based firm that 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 uses an innovative peer reviewed mining protocol to link your device to the one nearest to you during setup, to get a faster and more reliable connection.Once you've setup your account and entered your wallet address, payments are sent daily between 08:00-10:00 AM Beijing time (which is eight hours ahead of the UK), provided that the amount you've mined is at least 0.001 BTC.Being the greatest pool permits users any perks in that they can choose how they want to get rewarded.

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You can also choose PPLNS (Payment Per Last N Shares) that is absolutely 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 if you wish but it's very unlikely you'll make a profit doing so unless you have a massive amount of hash electricity.

Before starting a mining pool in 2016, BTC.com was 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 best spot. It currently represents over 20% of overall international hash power.

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 calculates a standard transaction fee within a given time,adds it to the block reward (currently 12.5 BTC) and then spreads 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 while the help section of the website is useful, there is no specific getting started guide 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 miners readily 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 who do choose to register can view more detailed statistics about the mining pool.The payment method 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 benefit, meaning pay-outs are rather generous relative to equal larger mining pools, although payment may take a while.

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 assistance for a huge 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 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 last until the end of August.The site is also currently offering a little additional incentive to miners. If you mine LTC, you will get 1000 DOGE free.The site visit their website itself is nicely laid out and contains useful information, but non-Chinese users who need support 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 fill out a Captcha and also verify your identity via text message, meaning you must have access to a mobile phone to start mining. .

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