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This payment method 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 regularly.

Proportional: Just like in PPS, miners submit shares along the block finding interval. The more hashing energy you have and the longer you mined to your 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 benefits divided by the total number of shares submitted by all miner. This means that the further miners that join the pool, the lower the value of every 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 rate score. The longer you remain on the pool, the greater 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 stocks drop accordingly.

Pay per standard 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 outside 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 last stocks 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 likely be rewarded. While not defined anywhere explicitly, N is generally set as a multiple of the mining pool difficulty using a constant, resource typically two.

For this reason, PPLNS can be 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 receive more stocks within the previous 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 really is a medium-large sized pool. SlushPool claims a 2% fee from every block solving reward. SlushPools dashboard is very user friendly and gives excellent detail with regular upgrades. While it might not be the largest 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 moderate 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 made once daily 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 pocket locks.

Known for their wallet and look at this web-site 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 the greatest pool around, in the time of writing. BTC.com possess 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 program, F2Pool requires a 2.5% fee, which is a bit on the high side.

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Besides Bitcoin, F2Pool also supports mining Litecoin (LTC), Ethereum (ETH), Zcash (ZEC), in addition to 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 in a clear and concise manner. .

Also known as KanoPool, Kano CKPool was founded in 2014. This small Bitcoin mining pool provides 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 which could do with an upgrade as its not the most user friendly. It doesnt have much in the way of features, but it will have two-factor authentication to get an extra layer of safety.

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