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This payment system guarantees payments and leaves the miners with very little risk of not being compensated 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 submit stocks along the block finding period. The more hashing power you've got and the longer you mined for the cube, the more shares you submitted. Once a block is found, the pool pay the miners according to the amount of shares they obtained.

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 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 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 stay on the swimming 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 Last N Shares (PPLNS): In PPLNS, miners only get paid for stocks received during a predefined window which ends in the block solving. Unlike other payment schemes, stocks received out the window will not be rewarded at all. This window can be defined as a time frame (uncommon), or with a certain number (N) that represents the final 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 usually set as a multiple of this mining pool issue with a constant, usually 2.

For this reason, PPLNS can be known as 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 got to receive more stocks within the last N shares, or get no reward at all 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 ahead of time. 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 is a medium-large sized pool. SlushPool asserts a 2% fee from each block solving benefit. SlushPools dashboard is quite user friendly and provides excellent detail with regular updates. While it may not be the biggest of the Bitcoin mining pools, its certainly considered one of the best.

Antpool is a Chinese Bitcoin mining pool run by Bitmain Technologies. It is 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 regard to 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 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 largest pool around, in the time of writing. BTC.com have their own payment method, FPPS, which similar to 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. his comment is here Operating a PPS+ reward program, F2Pool takes 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 other coins. Theres a daily automated payout, and the minimum withdrawal is 0.005 BTC. Unlike some Chinese Bitcoin mining pools, it has an English interface. The layout is quite simple, with information presented in a clear and concise manner. .

Also known as KanoPool, Kano CKPool was founded in 2014. This little Bitcoin mining pool offers PPLNS payment model, charging a 0.9% fee.

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

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This is a relatively straightforward pool having 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 to get an additional layer of safety.

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