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This payment method guarantees payments and leaves the miners with hardly any risk of not being paid for their contribution. The downside of this scheme is the high fees that the pool owners bill, to mitigate the risk they take by paying frequently.

Proportional: Just like in PPS, miners distribute shares along the block finding period. The more hashing power you have and the longer you mined for the block, the more stocks you filed. Once a cube is found, the pool cover the miners according to the amount of shares they received.

But in this payment system, the value that you will get for each share will equal the block benefits divided by the entire number of shares filed by all miner. This means that the further miners that join the pool, the lower the value of every share you recieve.

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Score-based: This payment method was designed to prevent miners from pool-hopping. Your mining period and hashing electricity are calculated into a scoring hash rate score. The longer you stay on the swimming pool, the higher your score is and the higher the value of the  shares you get. Once you stop mining, your score gets smaller and the value of your stocks drop accordingly.

Pay per standard N Shares (PPLNS): In PPLNS, miners only get paid for stocks received during a predefined window which ends in the block solving. Unlike other payment schemes, stocks received out of the window will not be rewarded in any way. This window can either be defined as a time frame (uncommon), or by a certain number (N) that represents the final stocks received up into the block solving. .

For example, if N equals 1 Billion, once a block is found only the previous 1 Billion shares will likely be rewarded. While not defined anywhere explicitly, N is usually set as a multiple of this mining pool difficulty with a constant, typically two.

For this reason, PPLNS is also known as Pay per Luck Shares. When implemented properly, miners cant predict the right time to join, so they can either get higher rewards when they got to receive more shares within the previous N stocks, or get no reward at all when they didnt.

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Announced in 2010, SlushPool was the very first Bitcoin mining pool and undoubtedly led the way for many other mining Our site pools to come. Founded by SatoshiLabs current CEO Marek Palatinus (aka Slush), its located in the Czech Republic and follows a score-based method to dissuade pool-hopping.

This is a medium-large sized pool. SlushPool asserts a 2% commission from every block solving benefit. SlushPools dashboard is quite user friendly and provides excellent detail with routine updates. While it might not be the largest of the Bitcoin mining pools, its certainly considered one of the very best.

Antpool is a Chinese Bitcoin mining pool operated by Bitmain Technologies. It is medium in size. One advantage Antpool has is that you can pick between PPLNS (0% fee) and PPS+ (2% fee), both of which have their own advantages.

In terms of payments, theyre made once per day when the amount exceeds 0.001 Bitcoin. Those new to Bitcoin mining will appreciate the clean interface. The dashboard clearly shows earnings and hashrates. There are also many different security options, including two-factor authentication, email alerts, and pocket locks.

Known for their wallet and their own blockchain explorer, BTC.com have been around for some time, before opening a pool in 2016. Owned by Bitmain Tech, BTC.com is your greatest pool around, at the time of writing. BTC.com have their own payment method, FPPS, which like PPS+ include TX fees in the payouts, along with the block reward.

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F2Pool is a medium-large pool established in 2013. Operating a PPS+ reward system, F2Pool requires a 2.5% fee, which is a bit on the high side.

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Besides Bitcoin, F2Pool also supports mining Litecoin (LTC), Ethereum (ETH), Zcash (ZEC), as well as additional different coins. Theres a daily automatic payout, and the minimum withdrawal is 0.005 BTC. Unlike some Chinese Bitcoin mining pools, it has an English interface. The design is quite straightforward, with information presented in a clear and concise manner. .

Also known as KanoPool, Kano CKPool was founded in 2014. This little Bitcoin mining pool provides PPLNS payment model, charging a 0.9% fee.

With regard to payout, per each block found you will need to wait +101 block confirmations click for info for paid, which could take a while.

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This is a relatively simple pool having an interface which could do with an upgrade as its not the most user friendly. It doesnt have much in the way of features, but it Discover More Here will have two-factor authentication to get an additional layer of safety.

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