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This payment system guarantees payments and leaves the miners with very little risk of not being paid for their contribution. The downside of this scheme is the high fees that 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 interval. The more hashing power you've got and the longer you mined for the block, the more shares you filed. Once a block is found, the pool pay the miners according to the amount of shares they received.

But in this payment system, the value that you will get for each share will equal the block rewards divided by the total number of shares filed 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 system was designed to prevent miners from pool-hopping. Your mining time and hashing electricity are calculated into a scoring hash speed score. The longer you remain on the pool, the greater 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 stocks drop accordingly.

Pay per standard 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, 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 with a certain number (N) that represents the final shares received up into the block solving. .

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

Due to this, PPLNS is also called Pay per Luck Shares. When implemented properly, miners cant look at more info predict the right time to join, so they can either get higher rewards when they got to get more shares within the previous N stocks, or get no reward whatsoever if they didnt.

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Announced in 2010, SlushPool was the very the original source 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 located in the Czech Republic and follows a score-based method to discourage 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 provides excellent detail with routine upgrades. While it might not be the biggest of those Bitcoin mining pools, its certainly considered one of the very 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 choose between PPLNS (0% commission ) and PPS+ (2% fee), both of which have their own advantages.

In terms of 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. 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 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 similar to 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 program, F2Pool takes a 2.5% commission, which is browse around these guys somewhat on the large side.

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Aside from Bitcoin, F2Pool also supports mining Litecoin (LTC), Ethereum (ETH), Zcash (ZEC), as well as 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% fee.

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

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This is a relatively simple pool with an interface which could do with an update as its not the most user friendly. It doesnt have much in the way of features, but it will have two-factor authentication for an additional layer of security.

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