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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 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 interval. The more hashing power you have and the longer you mined to your 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 method, the value that you will receive for each share will equal the block rewards divided by the total number of shares submitted 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 method 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 remain 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 stocks drop accordingly.

Pay per Last N Shares (PPLNS): In PPLNS, miners only get paid for shares received during a predefined window that ends in the block solving. Unlike other payment schemes, stocks received outside the window will not be rewarded at all. This window can either be defined as a period frame (uncommon), or with a certain number (N) that represents the last 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 be rewarded. While not defined anywhere explicitly, N is usually set as a multiple of this mining pool difficulty using a constant, typically look at this web-site two.

For this reason, PPLNS is also called Pay per Luck Shares. When implemented properly, miners cant predict the right time to join, so that they can either get greater rewards when they got to receive more shares 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 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 really is a medium-large sized pool. SlushPool claims a 2% fee from each block solving reward. SlushPools dashboard is quite user friendly and gives excellent detail with regular updates. While it may 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% fee) and PPS+ (2% fee), both of which have their own advantages.

In terms of payments, theyre created once per day visit this page when the amount exceeds 0.001 Bitcoin. Those new to Bitcoin mining will appreciate the clean interface. The dashboard clearly displays earnings and hashrates. There are also a variety of 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 greatest pool around, at 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 established in 2013. Operating a PPS+ reward system, F2Pool requires a 2.5% fee, which is somewhat on the large 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 automated payout, and the minimum withdrawal is 0.005 BTC. Unlike a few 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% commission.

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

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This is a relatively straightforward pool having 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 possess two-factor authentication for an extra layer of security.

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