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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 that the high fees the pool owners charge, to mitigate the risk they take by paying frequently.

Proportional: Just like in PPS, miners distribute stocks along the block finding period. The more hashing power you've got and the longer you mined to your cube, the more shares you submitted. Once a cube is found, the pool cover 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 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 method was designed to prevent miners from pool-hopping. Your mining period and hashing electricity are calculated into a scoring hash rate score. The longer you remain on the swimming 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 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 out 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 final shares received up into the block solving. .

By way of instance, 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 generally set as a multiple of this mining pool issue using a constant, typically 2.

Due to this, 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 higher rewards when they got to get more shares within the last N shares, or find no reward at all 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 is a medium-large sized pool. SlushPool claims view it now a 2% commission from each block solving reward. SlushPools dashboard is very 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 medium in 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 created once per day 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 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 your largest pool around, in the time of writing. BTC.com have their own payment system, FPPS, which similar to 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 takes a 2.5% commission, which is somewhat on the high side.

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Aside from Bitcoin, F2Pool additionally 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 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 provides PPLNS payment model, charging a 0.9% fee.

With respect to payout, per each block found you'll need to wait +101 block confirmations for paid, which might Other Coins Like Bitcoin 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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