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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 bill, to mitigate the risk they take by paying regularly.
Proportional: Just like in PPS, miners submit shares along the block finding period. The more hashing power you have and the longer you mined to your block, the more stocks you filed. Once a block is found, the pool pay 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 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 system 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 stay on the swimming pool, the greater 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 standard N Stocks (PPLNS): In PPLNS, miners only get paid for shares received during a predefined window that ends in the block solving. Unlike other payment schemes, shares received outside of 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 into the block solving. .
For instance, if N equals 1 Billion, once a block is found only the previous 1 Billion shares will be rewarded. While not defined anywhere explicitly, N is generally set as a multiple of this mining pool difficulty with a constant, typically 2.
For this reason, PPLNS can be known as Pay per Luck Shares. When implemented properly, miners cant predict the right time to join, so they can either get higher rewards if they must receive more stocks within the last N stocks, or find no reward whatsoever 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 really 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 regular updates. 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 pick between PPLNS (0% fee) and PPS+ (2% fee), each of 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. 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 pop over here Bitmain Tech, BTC.com is the greatest pool around, at the time of writing. BTC.com possess their own payment method, FPPS, which similar to 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 system, F2Pool takes a 2.5% fee, which is somewhat on the large side.
Also known as KanoPool, Kano CKPool was founded in 2014. This small Bitcoin mining pool offers PPLNS payment model, charging a 0.9% fee.
With regard to payout, per each block found you'll need to wait +101 block confirmations to get paid, which might take a while.
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This is visit site a comparatively simple pool having an interface that 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 for an extra layer of safety.