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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 bill, to mitigate the risk they take by paying regularly.

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

However in this payment system, the value you will get for each share will equal the block rewards divided by the entire number of shares submitted by all miner. This means that the more miners that join the pool, the lower the value of every 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 rate score. The longer you stay on the swimming pool, the greater your score is and the greater the value of the  stocks 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 that ends in the block solving. Unlike other payment schemes, shares received out the window will not be rewarded in any way. This window can either be defined as a period frame (uncommon), or by a certain number (N) that represents the final shares received up into the block solving. .

By way of instance, 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 usually set as a multiple of this mining pool difficulty with a constant, typically 2.

For this reason, PPLNS is also called Pay per Luck Shares. When implemented correctly, miners cant predict the right time to join, so they can either get greater rewards when they got to receive more stocks within the previous 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 i loved this 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 is a medium-large sized pool. SlushPool asserts a 2% fee from every block solving benefit. SlushPools dashboard is very What Is The Best Bitcoin Exchange user friendly and provides 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 operated by Bitmain Technologies. It is medium in size. One advantage Antpool has is that you can choose between PPLNS (0% fee) 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 many different 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 greatest pool around, at the time of writing. BTC.com have their own payment system, 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 large 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 some Chinese Bitcoin mining dig this pools, it's 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% commission.

With respect to payout, per each block found you'll need to wait for +101 block confirmations to get paid, which might take some time.

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

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