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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 that the high fees that the pool owners charge, 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 power you have and the longer you mined for the cube, the more shares you submitted. Once a cube is found, the pool pay the miners according to the amount of shares they received.

But 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 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 time and hashing power are calculated into a scoring hash speed score. The longer you remain on the swimming pool, the higher your score is and the higher the value of the  stocks you receive. 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 that 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 final 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 the mining pool difficulty using a constant, usually 2.

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 greater rewards if they got to get more shares within the last N shares, or get 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 read the article Palatinus (aka Slush), its based in the Czech Republic and follows a score-based system to discourage pool-hopping.

This really is a medium-large sized pool. SlushPool asserts a 2% commission from each block solving reward. SlushPools dashboard is very user friendly and gives excellent detail with regular upgrades. While it might not be the biggest of the useful reference Bitcoin mining pools, its certainly considered one of the very 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 pick between PPLNS (0% fee) and PPS+ (2% fee), both of which have their own advantages.

In terms of payments, theyre created once per day when the amount exceeds 0.001 Bitcoin. Those new to Bitcoin mining will appreciate the clean interface. The dashboard clearly shows 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 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 possess 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 takes a 2.5% fee, which is a bit 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 different coins. Theres a daily automated payout, and the minimum withdrawal is 0.005 BTC. Unlike a few Chinese Bitcoin mining pools, it has 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% commission.

With respect to payout, per each block found you'll need to wait for +101 block confirmations to get paid, which might take some time.

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This is a comparatively straightforward pool with an interface which could do with an update as its not the most user friendly. It doesnt have much in the way of features, but it will possess two-factor authentication to get an extra layer of security.

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