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This payment system guarantees payments and leaves the miners with hardly any risk of not being paid 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 distribute shares along the block finding period. The more hashing energy you have and the longer you mined for the cube, the more shares you submitted. Once a cube is found, the pool cover the miners according to the amount of shares they obtained.

But in this payment system, the value 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 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 power are calculated into a scoring hash rate score. The longer you remain on the swimming pool, the higher your score is and the higher 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 Last N Stocks (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 out of the window will not be rewarded at all. This window can either be defined as a time frame (uncommon), or by a certain number (N) that represents the final shares received up to the block solving. .

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

Due to this, PPLNS can be called Pay per Luck Shares. When implemented properly, miners cant predict the ideal time to join, so that they can either get higher rewards when they got to get more shares within the last N stocks, or find 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 discourage pool-hopping.

This is a medium-large sized pool. SlushPool claims a 2% fee from each block solving benefit. SlushPools dashboard is very 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 very best.

Antpool is a Chinese Bitcoin mining pool operated by Bitmain Technologies. It's medium in useful site 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 created once daily if the amount exceeds 0.001 Bitcoin. Those new to look at this now Bitcoin mining will love the clean interface. The dashboard clearly shows earnings and hashrates. There are also 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 greatest pool around, at the time of writing. BTC.com have 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 situated in 2013. Operating a PPS+ reward program, F2Pool requires a 2.5% commission, which is somewhat on the large side.

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Besides Bitcoin, F2Pool additionally supports mining Litecoin (LTC), Ethereum (ETH), Zcash (ZEC), as well as additional different coins. Theres a daily automated payout, and the minimum withdrawal is 0.005 BTC. Unlike some Chinese Bitcoin mining pools, go to website it has an English interface. The design 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 +101 block confirmations for 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 does have two-factor authentication for an extra layer of safety.

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