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This payment method 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 that 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 period. The more hashing power you've got and the longer you mined to your block, the more shares you filed. Once a block is found, the pool pay the miners according to the amount of shares they received.

However in this payment method, the value you will receive for each share will equal the block rewards 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 method 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 remain on the pool, the greater your score is and the greater 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 standard N Shares (PPLNS): In PPLNS, miners only get paid for shares received during a predefined window which ends in the block solving. Unlike other payment schemes, stocks received outside of the window will not be rewarded at all. This window can be defined as a period frame (uncommon), or by a certain number (N) that represents the last shares received up into the block solving. .

For 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 this mining pool issue using a constant, usually 2.

For this reason, PPLNS can be called Pay per Luck Shares. When implemented properly, miners cant predict the ideal time to join, so they can either get greater rewards if they must receive more stocks within the previous N shares, or find no reward whatsoever 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 to come. Founded by SatoshiLabs current CEO Marek Palatinus (aka Slush), its located in the Czech Republic and follows a score-based system to dissuade pool-hopping.

This really is a medium-large sized pool. SlushPool claims a 2% fee from each wikipedia reference block solving benefit. SlushPools dashboard is quite user friendly and provides excellent detail with routine upgrades. While it might not be the biggest of the Bitcoin mining pools, its certainly considered one of the best.

Antpool is a Chinese Bitcoin mining pool operated by Bitmain Technologies. It is moderate in size. One advantage Antpool has is that you can pick between PPLNS (0% fee) 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 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 a while, before opening a pool in 2016. Owned by Bitmain Tech, BTC.com is your greatest pool around, in 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 established in 2013. Operating a PPS+ reward system, F2Pool requires a 2.5% fee, which is article source 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 a few Chinese Bitcoin mining pools, it has 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 regard to payout, per each block found you'll need to wait +101 block confirmations to get paid, which could take some time.

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This is a comparatively simple pool with an interface which could do with an update 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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