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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 the pool owners charge, to mitigate the risk they take by paying frequently.

Proportional: Just like in PPS, miners submit stocks along the block finding interval. The more hashing energy you've got and the longer you mined for the cube, the more stocks you filed. Once a cube is found, the pool cover the miners according to the amount of shares they received.

But in this payment system, the value that you will receive for each share will equal the block rewards divided by the total number of shares filed 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 time 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 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 standard 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 at all. This window can either be defined as a time frame (uncommon), or with a certain number (N) that represents the last stocks received up into the block solving. .

For 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 usually set as a multiple of this mining pool issue with a constant, typically two.

For this reason, PPLNS is also called Pay per Luck Shares. When implemented correctly, miners cant predict the right time to join, so that they can either get greater rewards when they must receive more shares within the previous N shares, or find no reward whatsoever if they didnt.

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Announced in 2010, SlushPool was the very first redirected here 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 based in the Czech Republic and follows a score-based method to dissuade pool-hopping.

This really is a medium-large sized pool. SlushPool claims a 2% fee from each block solving benefit. SlushPools dashboard is quite user friendly and gives 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 run by Bitmain Technologies. It's moderate in size. One advantage Antpool has is that you can choose between PPLNS (0% commission ) and PPS+ (2% fee), both of which have their own advantages.

In terms of payments, theyre created once per day if the amount exceeds 0.001 Bitcoin. Those new to Bitcoin mining will love 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 the largest pool around, in the time of writing. BTC.com possess their own payment system, FPPS, which like 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 somewhat on the high side.

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Besides Bitcoin, F2Pool also supports mining Litecoin (LTC), Ethereum (ETH), Zcash (ZEC), as well as additional other coins. Theres a daily automatic payout, and the minimum withdrawal is 0.005 BTC. Unlike some Chinese Bitcoin mining pools, it's 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 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 comparatively simple pool having 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 to get an extra layer of security.

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