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This payment system 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 that the pool owners charge, to mitigate the risk they take by paying frequently.
Proportional: Just like in PPS, miners distribute shares along the block finding period. The more hashing energy you have and the longer you mined for the block, the more stocks you submitted. Once a block is found, the pool cover the miners according to the amount of shares they obtained.
However in this payment system, the value you will receive for each share will equal the block rewards divided by the entire 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 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 Last N Shares (PPLNS): In PPLNS, miners only get paid for stocks 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 period frame (uncommon), or by a certain number (N) that represents the final shares received up into 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.
For this reason, PPLNS can be called Pay per Luck Shares. When implemented correctly, miners cant predict the ideal time to join, so they can either get greater rewards when they got to receive more stocks within the last N stocks, or his comment is here get no reward at all if they didnt.
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Announced in 2010, company website 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 method to dissuade pool-hopping.
This is a medium-large sized pool. SlushPool asserts a 2% commission from every block solving benefit. SlushPools dashboard is very user friendly and provides 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), each 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 displays earnings and hashrates. Additionally, there are many different security options, including two-factor authentication, email alerts, and pocket 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, at the time of writing. BTC.com have their own payment method, FPPS, which like 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. Operating a PPS+ reward program, F2Pool requires a 2.5% fee, which is somewhat on the high side.
Also known as KanoPool, Kano CKPool was founded in 2014. This little Bitcoin mining pool provides PPLNS payment model, charging a 0.9% commission.
With regard to payout, per each block found you will need to wait +101 block confirmations to get paid, which might take a while.
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This is a relatively simple pool having an interface which could do with an upgrade as its not the most user friendly. It doesnt my blog have much in the way of features, but it does possess two-factor authentication to get an additional layer of security.