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This payment method guarantees payments and leaves the miners with hardly any risk of not being compensated for their contribution. The downside of this scheme is that the high fees 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 period. The more hashing power you've got and the longer you mined to your block, the more stocks you filed. Once a cube is found, the pool pay the miners according to the amount of shares they obtained.

However in this payment system, the value that you will get for each share will equal the block benefits divided by the entire 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 period 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 higher 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 shares received during a predefined window that 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 with a certain number (N) that represents the last shares received up to the block solving. .

By way of example, 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 with a constant, usually 2.

Due to this, 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 get more stocks within the last N shares, or find 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 to come. Founded by SatoshiLabs current CEO Marek Palatinus (aka Slush), its located 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 every block solving reward. SlushPools dashboard is quite user friendly and provides excellent detail with routine upgrades. While it may not be the biggest of the 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 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 per day when 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 visit here been around for a while, 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 charges 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 requires a 2.5% commission, which is a bit on the high side.

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Aside from Bitcoin, F2Pool additionally 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 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% fee.

With respect to payout, per each block found you'll need to wait +101 block confirmations to get paid, which could take a while.

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This is a comparatively straightforward pool having 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 possess two-factor authentication for an extra layer of safety.

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