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This payment system guarantees payments and leaves the miners with hardly any risk of not being compensated 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 frequently.

Proportional: Just like in PPS, miners distribute shares along the block finding interval. 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 obtained.

But in this payment method, the value you will receive for each share will equal the block benefits 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 power are calculated into a scoring hash speed score. The longer you remain on the pool, the greater your score is and the higher the value of the  shares you get. Once you stop mining, your score gets smaller and the value of your stocks drop accordingly.

Pay per Last N Stocks (PPLNS): In PPLNS, miners only get paid for shares received during a predefined window which ends in the block solving. Unlike other payment schemes, stocks received outside the window will not be rewarded at all. This window can either be defined as a time frame (uncommon), or with a certain number (N) that represents the final shares received up into the block solving. .

By way of example, 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 the mining pool difficulty using a constant, typically 2.

For this reason, PPLNS is also called Pay per Luck Shares. When implemented properly, miners cant predict the right time to join, so that they can either get greater rewards if they got to get more shares within the previous N shares, 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 this content Palatinus (aka Slush), its based in the Czech Republic and follows a score-based method to discourage pool-hopping.

This is a medium-large sized pool. SlushPool claims a 2% commission from each block solving reward. SlushPools dashboard is quite user friendly and provides excellent detail with routine updates. While it might not be the largest of those Bitcoin mining pools, its certainly considered one of the 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 choose between PPLNS (0% fee) and PPS+ (2% fee), each of which have their own advantages.

In terms of 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 many different 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 largest 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 visit site 2013. Operating a PPS+ reward program, F2Pool takes a 2.5% fee, which is a bit on the large side.

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Besides 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 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. . click for info

Also known as KanoPool, Kano CKPool was founded in 2014. This small 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 +101 block confirmations to get paid, which could take some time.

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This is a comparatively simple pool having 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 have two-factor authentication to get an additional layer of security.

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