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

Proportional: Just like in PPS, miners distribute shares along the block finding interval. The more hashing energy you have and the longer you mined to your cube, 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 system, the value that you will get for each share will equal the block rewards divided by the total number of shares filed by all miner. This means that the more miners that join the pool, the lower the value of each 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 power are calculated into a scoring hash rate score. The longer you stay on the pool, the higher 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 which ends in the block solving. Unlike other payment schemes, stocks received out of 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 be rewarded. While not defined anywhere explicitly, N is generally set as a multiple of this mining pool difficulty using a constant, typically two.

For this reason, PPLNS is also known as Pay per Luck Shares. When implemented properly, miners cant predict the right time to join, so that they can either get higher rewards if they must receive more stocks within the previous N shares, or get no reward at all 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 ahead of time. 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 really is a medium-large sized pool. SlushPool claims a 2% fee from every block solving reward. SlushPools dashboard is very user friendly and gives excellent detail with routine updates. While it might not be the largest of the Bitcoin mining pools, its certainly considered one of the best.

Antpool is a Chinese Bitcoin mining pool run by Bitmain Technologies. It's moderate in view it now size. One advantage Antpool has is that you can pick between PPLNS (0% commission ) and PPS+ (2% fee), both of which have their own advantages.

In terms of payments, theyre made once per day if the amount exceeds 0.001 Bitcoin. Those new to Bitcoin mining will appreciate the clean interface. The dashboard clearly shows earnings and hashrates. There are also 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 some time, before opening a pool in 2016. Owned by Bitmain Tech, BTC.com is pop over to this site your greatest pool around, at the time of writing. BTC.com have 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 established in 2013. Operating a PPS+ reward program, F2Pool requires a 2.5% commission, which is somewhat on the high side.

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Besides 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's an English interface. The design 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% commission.

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

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This is a comparatively straightforward pool with 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 will possess two-factor authentication to get an extra layer of safety.

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