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This payment method guarantees payments and leaves the miners with hardly any risk of not being compensated for their contribution. The downside of this scheme is the high fees the pool owners bill, to mitigate the risk they take by paying regularly.

Proportional: Just like in PPS, miners submit shares along the block finding interval. The more hashing energy you've got and the longer you mined to your cube, the more shares you filed. 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 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 system was designed to prevent miners from pool-hopping. Your mining period and hashing electricity are calculated into a scoring hash speed score. The longer you remain on the pool, the greater your score is and the higher the value of the  stocks you get. Once you stop mining, your score gets smaller and the value of your stocks drop accordingly.

Pay per Last N Stocks (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 out the window will not be rewarded at all. This window can be defined as a time frame (uncommon), or by 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 generally set as a multiple of this mining pool issue with a constant, usually two.

For this reason, PPLNS can be called Pay per Luck Shares. When implemented correctly, miners cant predict the ideal time to join, so they can either get higher rewards when they must get more shares within the last N stocks, or find no reward whatsoever when they didnt.

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Announced in 2010, SlushPool was the very first Bitcoin mining pool and he said 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 system to dissuade pool-hopping.

This really is a medium-large sized pool. SlushPool asserts a 2% fee from each block solving reward. SlushPools dashboard is very user friendly and provides excellent detail with routine 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 run 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 created once daily if the amount exceeds 0.001 Bitcoin. Those new to Bitcoin mining will love 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 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, BTC.com is your greatest pool around, in the time of writing. BTC.com have their own payment system, FPPS, which similar to PPS+ include TX charges in i thought about this 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 requires a 2.5% fee, which is a bit on the large side.

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Aside from Bitcoin, F2Pool also 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 has an English interface. The layout is quite simple, with information presented in a clear and concise manner. .

Also known as KanoPool, Kano CKPool was founded in 2014. This small Bitcoin mining pool offers PPLNS payment model, charging a 0.9% fee.

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

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This is a comparatively straightforward pool having 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 does have two-factor authentication for an additional layer of security.

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