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This payment system guarantees payments and leaves the miners with very little risk of not being compensated 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 regularly.

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

But in this payment method, the value that you will receive for each share will equal the block rewards divided by the entire number of shares filed 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 power are calculated into a scoring hash rate score. The longer you stay on the pool, the higher your score is and the higher the value of the  stocks 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 shares received during a predefined window that ends in the block solving. Unlike other payment schemes, shares received outside 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 last 1 Billion shares will likely be rewarded. While not defined anywhere explicitly, N is usually set as a multiple of the mining pool issue with a constant, usually 2.

Due to this, PPLNS can be known as Pay per Luck Shares. When implemented correctly, miners cant predict the right time to join, so they can either get greater rewards Read Full Report if they must receive more stocks within the last 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 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 dissuade pool-hopping.

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

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

In terms of payments, theyre made once daily 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 your largest pool around, at the time of writing. BTC.com possess 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 takes a 2.5% commission, which is somewhat on the high side.

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Besides Bitcoin, F2Pool also 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 design is quite straightforward, with information presented check over here 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'll need to wait for +101 block confirmations to get paid, which might take a while.

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This is a comparatively 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 to get an additional layer of security.

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