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This payment method guarantees payments and leaves the miners with hardly any risk of not being paid 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 distribute stocks along the block finding interval. The more hashing power you've got and the longer you mined to your block, the more stocks you filed. Once a block is found, the pool cover the miners according to the amount of shares they received.
However in this payment system, the value you will get for each share will equal the block rewards divided by the total number of shares filed by all miner. This means that the more miners that join the pool, the lower the value of each 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 speed score. The longer you stay on the 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 stocks drop accordingly.
Pay per standard N Stocks (PPLNS): In PPLNS, miners only get paid for stocks received during a predefined window which ends in the block solving. Unlike other payment schemes, stocks received outside the window will not be rewarded in any way. This window can be defined as a time frame (uncommon), or by a certain number (N) that represents the final stocks 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 likely be rewarded. While not defined anywhere explicitly, N is usually set as a multiple of this mining pool issue using 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 that they can either get higher rewards when they got to receive more stocks within the last N shares, or find 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 to come. Founded by SatoshiLabs current CEO Marek Palatinus (aka Slush), its located in the Czech Republic and follows a score-based system to discourage pool-hopping.
This is a medium-large sized pool. SlushPool asserts a 2% More Help fee from each block solving benefit. SlushPools dashboard is very user friendly and provides excellent detail with routine upgrades. While it might not be the largest 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 moderate in size. One advantage Antpool has is that you can pick between PPLNS (0% fee) and PPS+ (2% fee), both of additional info 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. Additionally, there are 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 these details 2016. Owned by Bitmain Tech, BTC.com is the greatest pool around, in 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 situated 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 little Bitcoin mining pool provides PPLNS payment model, charging a 0.9% fee.
With respect to payout, per each block found you will need to wait for +101 block confirmations for paid, which could take some time.
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This is a relatively simple 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 will possess two-factor authentication to get an additional layer of safety.