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This payment system guarantees payments and leaves the miners with very little 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 regularly.
Proportional: Just like in PPS, miners submit stocks along the block finding period. The more hashing power you've got and the longer you mined for the cube, the more shares you filed. Once a block is found, the pool cover the miners according to the amount of shares they received.
However 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 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 time 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 greater the value of the stocks 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 stocks received during a predefined window that ends in the block solving. Unlike other payment schemes, shares received out 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 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 likely be rewarded. While not defined anywhere explicitly, N is generally set as a multiple of this mining pool issue with a constant, usually two.
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 when 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 based in the Czech Republic and follows a score-based system to discourage pool-hopping.
This is a medium-large sized pool. SlushPool claims a 2% fee from every block solving benefit. SlushPools dashboard is quite user friendly and gives excellent detail with routine upgrades. While it might not be the biggest of those 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% commission ) and PPS+ (2% fee), each of which have their own advantages.
In regard to payments, theyre created once daily when the amount exceeds 0.001 Bitcoin. Those new to Bitcoin mining Resources will appreciate 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 some time, before opening a pool in 2016. Owned by Bitmain Tech, BTC.com is your greatest pool around, at the time of writing. BTC.com have 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.
Also known as KanoPool, Kano CKPool was founded in 2014. This small Bitcoin mining pool provides 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 to get paid, which might take a while.
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This is a relatively straightforward pool with 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 will possess two-factor authentication for an additional layer of safety.