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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 the pool owners charge, to mitigate the risk they take by paying frequently.

Proportional: Just like in PPS, miners distribute stocks along the block finding interval. The more hashing energy you've got and the longer you mined to your cube, the more stocks you filed. Once a cube is found, the pool cover the miners according to the amount of shares they received.

However in this payment system, the value that 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 each share you recieve.

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Score-based: This payment system 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 greater the value of the  shares you receive. 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 that ends in the block solving. Unlike other payment schemes, stocks received outside 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 final 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 usually set as a multiple of the mining pool issue using a constant, usually 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 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 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 based in the Czech Republic and follows a score-based system to discourage pool-hopping.

This really is a medium-large sized pool. SlushPool claims a 2% commission from each block solving reward. SlushPools dashboard is quite user friendly and provides excellent detail with routine updates. 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's 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 regard to payments, theyre created once check out here 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. 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 the 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 situated in 2013. Operating a PPS+ reward system, F2Pool requires a 2.5% commission, which is somewhat on the large side.

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Besides 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 some 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 respect to payout, per each block found you will need to wait for +101 block confirmations to get paid, which could take some time.

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This is a relatively straightforward pool with 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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