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This payment system guarantees payments and leaves the miners with very little risk of not being paid for their contribution. The downside of this scheme is that the high fees that the pool owners bill, to mitigate the risk they take by paying regularly.

Proportional: Just like in PPS, miners distribute shares along the block finding period. The more hashing energy you've got and the longer you mined to your cube, the more stocks you submitted. 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 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 system was designed to prevent miners from pool-hopping. Your mining period and hashing power are calculated into a scoring hash rate score. The longer you stay on the swimming pool, the higher 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 in any way. This window can be defined as a period frame (uncommon), or by a certain number (N) that represents the last stocks 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, typically two.

Due to this, PPLNS is also known as Pay per Luck Shares. anchor When implemented properly, miners cant predict the right time to join, so they can either get higher rewards when they got to get more stocks within the last N stocks, or get 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 ahead of time. Founded by SatoshiLabs current CEO Marek Palatinus (aka Slush), its based in the Czech Republic and follows a score-based system to discourage pool-hopping.

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

Antpool is a Chinese Bitcoin mining pool operated by Bitmain Technologies. It's medium 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 terms of payments, theyre made 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. There are also 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 some time, 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 read this 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. Operating a PPS+ have a peek here reward system, F2Pool requires a 2.5% fee, which is somewhat 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 design 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 provides 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 might take a while.

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This is a relatively simple 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 does have two-factor authentication for an extra layer of security.

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