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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 largest mining pool representing around 11.4percent of hash power overall.The sign-up procedure is very simple and you can create a demo miner in order to familiarize yourself with the dashboard.

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

It's owned and operated by Bitmain, a China-based firm which 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 globe and makes use of an innovative peer-to-peer mining protocol to link your device to the one nearest to you during setup, for a faster and more reliable connection.Once you have set up your account and entered your own wallet address, payments are sent every day 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 largest pool permits users any perks in that they can choose how they want to be rewarded.

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You can also select PPLNS (Payment Per Last N Shares) that is free but AntPool will 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 this unless you have a massive amount of hash electricity.

Before starting a mining pool in 2016, BTC.com was already famous for creating a strong Bitcoin wallet as well as its own blockchain explorer.BTC.com functions one of the most popular mining pools, vying with AntPool for the top place. It currently represents over 20 percent of total international 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 (Full pay-per Share). FPPS calculates he has a good point a standard transaction fee within a given period,adds it to the block reward (currently 12.5 BTC) and then distributes the whole to miners as with traditional PPS (Payment Per Share).

For instance, the page explaining how FPPS works failed to load, and though the help section of the site is useful, there's no special getting started manual as with Slush Pool. We were nevertheless able to find all 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 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 see 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 the network difficulty, instantly following a block is found.The pool charge itself is 0.9percent and transaction fees are included in the block reward, meaning pay-outs are rather generous relative to equal bigger 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 about 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 additionally 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) foundation of negative 3%. The pool keeps all transaction fees.

Also, there is no charge for mining BTM, ZEN and XDAG and this will last until the end of August.The site is currently offering a little additional incentive to miners. If you mine 1 LTC, you will get 1000 DOGE free.The site itself is well laid out and contains useful information, but non-Chinese users who need service are encouraged to utilize 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 verify your identity via text message, meaning you should have access to your mobile phone to begin mining. .