More About What Is The Best Bitcoin Exchange
This payment system 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 charge, to mitigate the risk they take by paying frequently.
Proportional: Just like in PPS, miners distribute stocks along the block finding interval. The more hashing power you have and the longer you mined for the cube, the more shares you submitted. Once a cube is found, the pool cover the miners according to the amount of shares they obtained.
But in this payment system, the value that you will get for each share will equal the block benefits divided by the total number of shares submitted 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 speed score. The longer you remain on the swimming pool, the greater your score is and the greater the value of the  stocks you get. Once you stop mining, your score gets smaller and the value of your shares drop accordingly.
Pay per Last N Shares (PPLNS): In PPLNS, miners only get paid for stocks received during a predefined window which ends in the block solving. Unlike other payment schemes, shares received outside the window will not be rewarded in any way. This window can be defined as a time frame (uncommon), or with a certain number (N) that represents the last stocks received up to the block solving. .
By way of example, if N equals 1 Billion, once a block is found only the previous 1 Billion shares will likely be rewarded. While not defined anywhere explicitly, N is generally set as a multiple of this mining pool difficulty with a constant, usually 2.
For this reason, PPLNS is also known as Pay per Luck Shares. When implemented properly, miners cant predict the ideal time to join, so they can either get greater rewards when they must receive more stocks within the previous N stocks, or find no reward at all 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 to come. Founded by SatoshiLabs current CEO Marek Palatinus (aka Slush), its based in the Czech Republic and follows a score-based method to dissuade pool-hopping.
This is a medium-large sized pool. SlushPool claims a 2% commission from each block solving benefit. SlushPools dashboard is very user friendly and gives excellent detail with regular updates. While it might not be the biggest of the Bitcoin mining pools, its certainly considered one of the best.
Antpool is a Chinese Bitcoin mining pool run by Bitmain Technologies. It is medium in size. One advantage Antpool has is that you can pick between PPLNS (0% fee) 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 appreciate the clean interface. The dashboard clearly displays earnings and hashrates. There are also 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, BTC.com is your largest pool around, at the time of writing. BTC.com possess their own payment click for more method, FPPS, which like 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 requires a 2.5% fee, which is somewhat on the large side.
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 for +101 block confirmations to get paid, which might take a while.
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This is a comparatively simple pool having an interface which could do with an upgrade as its not the most user helpful resources friendly. It doesnt have much in the way of features, but it does have two-factor authentication for view website an additional layer of safety.