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

Proportional: Just like in PPS, miners submit shares along the block finding interval. The more hashing energy you have and the longer you mined for the cube, the more shares you submitted. Once a block is found, the pool pay the miners according to the amount of shares they received.

However in this payment system, 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 more 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 electricity are calculated into a scoring hash speed score. The longer you stay on the pool, the higher your score is and the higher the value of the  stocks you receive. 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 stocks received during a predefined window which ends in the block solving. Unlike other payment schemes, stocks received outside of the window will not be rewarded in any way. This window can either be defined as a period frame (uncommon), or with a certain number (N) that represents the last stocks received up into the block solving. .

By way of example, if N equals 1 Billion, once a block is found only the last 1 Billion shares will likely be rewarded. While not defined anywhere explicitly, N is generally set as a multiple of this mining pool issue using a constant, usually two.

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 greater rewards when they must receive more stocks within the last N shares, or find no reward at all if 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 ahead of time. Founded by SatoshiLabs current CEO Marek Palatinus (aka Slush), its located in the Czech Republic and follows a score-based method to discourage pool-hopping.

This really is a medium-large sized pool. SlushPool asserts a 2% fee from every block solving reward. SlushPools dashboard is very user friendly and gives excellent detail with routine updates. While it may 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. visit this site It is medium in size. One advantage Antpool has is that you can pick between PPLNS (0% commission ) and PPS+ (2% fee), both of which have their own advantages.

In regard to payments, theyre created 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. Additionally, there are a variety of 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 some time, before opening a pool in 2016. Owned by Bitmain Tech, BTC.com is your greatest pool around, in the time of writing. BTC.com have their own payment method, FPPS, which similar to PPS+ include TX charges 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 system, F2Pool takes a 2.5% commission, which is a bit on the high side.

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Besides Bitcoin, F2Pool additionally supports mining Litecoin (LTC), Ethereum (ETH), Zcash (ZEC), in addition to additional different coins. Theres a daily automatic payout, and the minimum withdrawal is 0.005 BTC. Unlike a few Chinese Bitcoin mining pools, it's an English interface. The layout is quite straightforward, with information presented in a clear and concise manner. .

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

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

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This is a comparatively straightforward 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 will possess two-factor authentication to get an extra layer of safety.

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