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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 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 have and the longer you mined for the cube, the more shares you submitted. Once a block is found, the pool cover the miners according to the amount of shares they obtained.

But in this payment method, 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 further 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 speed score. The longer you remain on the swimming pool, the greater 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 standard 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 at all. This window can be defined as a period frame (uncommon), or by a certain number (N) that represents the final shares received up to 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 generally set as a multiple of this mining pool issue with a constant, typically two.

Due to this, PPLNS can be called Pay per Luck Shares. When implemented correctly, miners cant predict the right time to join, so that they can either get higher rewards if they got to receive more stocks within the last N shares, or find no reward whatsoever 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 this hyperlink in the Czech Republic and follows a score-based method to discourage pool-hopping.

This really is a medium-large sized pool. SlushPool claims a 2% commission from every block solving benefit. SlushPools dashboard is quite user friendly and gives excellent detail with regular updates. While it might not be the biggest of those Bitcoin mining pools, its certainly considered one of the 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% commission ) and PPS+ (2% fee), both of which have their own advantages.

In regard to payments, theyre made once per day when 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, check out this site BTC.com is your greatest pool around, at the time of writing. BTC.com possess 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. Operating a PPS+ reward program, F2Pool takes a 2.5% fee, which is a bit 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 check here 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 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 some time.

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This is a relatively straightforward pool with 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 will have two-factor authentication for an extra layer of security.

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