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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 distribute shares along the block finding period. The more hashing energy you've got and the longer you mined for the cube, the more stocks you filed. Once a block is found, the pool cover the miners according to the amount of shares they received.

But in this payment method, the value you will receive for each share will equal the block rewards divided by the total number of shares submitted by all miner. This means that the further miners that join the pool, the lower the value of each 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 power are calculated into a scoring hash rate score. The longer you remain on the pool, the higher your score is and the greater 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 Stocks (PPLNS): In PPLNS, miners only get paid for stocks received during a predefined window which ends in the block solving. Unlike other payment schemes, shares received out of the window will not be rewarded in any way. This window can be defined as a period frame (uncommon), or by a certain number (N) that represents the final shares received up to 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 generally set as a multiple of the mining pool issue with a constant, typically two.

For this reason, PPLNS can be called Pay per Luck Shares. When implemented properly, miners cant predict the right 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 at all if they didnt.

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

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

Antpool is a Chinese Bitcoin mining pool run 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 created once per day when the amount exceeds 0.001 Bitcoin. Those new to Bitcoin mining will appreciate the clean interface. The dashboard clearly displays 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 a while, before opening a pool in 2016. Owned by Bitmain Tech, BTC.com is the greatest pool around, in the time of writing. BTC.com have their own payment system, 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 situated in 2013. Operating a PPS+ reward program, F2Pool takes a 2.5% fee, which is somewhat on the high side.

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Besides Bitcoin, F2Pool additionally supports mining Litecoin (LTC), Ethereum (ETH), Zcash (ZEC), as well as additional other 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 layout is quite simple, with information presented in a clear and concise 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 regard to payout, per each block found you will 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 have two-factor authentication to get an extra layer of safety.

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