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This payment system guarantees payments and leaves the miners with very little risk of not being compensated 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 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 filed. Once a cube 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 get for each share will equal the block rewards divided by the entire number of shares submitted by all miner. This means that the more 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 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 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 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, stocks received out the window will not be rewarded in any way. This window can be defined as a period frame (uncommon), or with a certain number (N) that represents the final stocks received up into the block solving. .

By way of 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 usually set as a multiple of the mining pool difficulty using a constant, Go Here usually 2.

Due to this, PPLNS is also called Pay per Luck Shares. When implemented correctly, miners cant predict the ideal time to join, so that they can either get greater rewards if they got to receive more shares within the last N shares, or get 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 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 every block solving reward. SlushPools dashboard is quite user friendly and provides excellent detail with routine upgrades. While it may not be the biggest of the Bitcoin mining pools, its certainly considered one of the very 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 choose between PPLNS (0% commission ) and PPS+ (2% fee), both of which have their own advantages.

In regard to payments, theyre created once per day if the amount exceeds 0.001 Bitcoin. Those new to Bitcoin mining will love the clean interface. The dashboard clearly displays earnings and hashrates. Additionally, there are 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 the greatest pool around, at the time of writing. BTC.com possess their own payment system, 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 program, F2Pool takes a 2.5% fee, which is somewhat on the large side.

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Aside from Bitcoin, F2Pool additionally 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 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 offers PPLNS payment model, charging a 0.9% commission.

With regard to payout, per each block found you will need to wait +101 block confirmations for paid, which could take some time.

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This is a relatively straightforward pool having an interface which 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 to get an additional layer of security.

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