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This payment method guarantees payments and leaves the miners with very little risk of not being compensated for their contribution. The downside of this scheme is that the high fees the pool owners charge, to mitigate the risk they take by paying regularly.

Proportional: Just like in PPS, miners submit stocks along the block finding period. The more hashing power you've got and the longer you mined for the block, the more shares you submitted. Once a block is found, the pool cover the miners according to the amount of shares they obtained.

But in this payment method, the value you will get for each share will equal the block benefits divided by the total number of shares submitted by all miner. This means that the more 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 time and hashing power are calculated into a scoring hash speed score. The longer you remain on the 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 shares drop accordingly.

Pay per Last N Shares (PPLNS): In PPLNS, miners only get paid for shares received during a predefined window which ends in the block solving. Unlike other payment schemes, shares received out the window will not be rewarded at all. This window can be defined as a time frame (uncommon), or with a certain number (N) that represents the last shares received up into the block solving. .

By way of instance, if N equals 1 Billion, once a block is found only the last 1 Billion shares will be rewarded. While not defined anywhere explicitly, N is usually set as a multiple of the mining pool difficulty with a constant, typically 2.

For this reason, PPLNS is also known as Pay per Luck Shares. When implemented properly, miners cant predict the ideal time to join, so they can either get higher rewards if they must get more shares within the previous N stocks, or find no reward whatsoever 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 pools to come. Founded by home SatoshiLabs current CEO Marek Palatinus (aka Slush), its located in the Czech Republic and follows a score-based method to discourage pool-hopping.

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

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

In regard to payments, theyre made once per day if 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 wallet locks.

Known for their wallet and their own blockchain explorer, BTC.com have been around for a while, before opening a pool in 2016. Owned by Bitmain Tech, BTC.com is your largest pool around, in the time of writing. BTC.com possess their own payment method, FPPS, which like PPS+ include TX charges 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 program, F2Pool takes a 2.5% fee, which is a bit on the large side.

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Aside from Bitcoin, F2Pool additionally supports mining Litecoin (LTC), Ethereum (ETH), Zcash (ZEC), in addition to additional other coins. Theres a daily automated payout, and the minimum withdrawal is 0.005 BTC. Unlike some Chinese Bitcoin mining pools, it's an English interface. The design is quite straightforward, with information presented in a clear and concise click here for more manner. .

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

With respect to payout, per each block found you'll need to wait for +101 block confirmations to get paid, which might take some time.

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This is a relatively straightforward pool having an interface that could do with an upgrade as its not the most user friendly. It doesnt have much in the way of features, but it will possess two-factor authentication for an additional layer of safety.

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