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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 interval. The more hashing power you have and the longer you mined to your block, the more stocks you filed. Once a cube 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 further 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 higher your score is and the greater 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 standard N Stocks (PPLNS): In PPLNS, miners only get paid for stocks received during a predefined window that ends in the block solving. Unlike other payment schemes, stocks received outside the window will not be rewarded in any way. This window can either be defined as a period frame (uncommon), or by a certain number (N) that represents the last stocks received up to the block solving. .
For instance, if N equals 1 Billion, once a block is found only the last 1 Billion shares will be rewarded. While not defined anywhere explicitly, N is generally set as a multiple of the mining pool issue with a constant, typically two.
Due to this, PPLNS is also known as Pay per Luck Shares. When implemented correctly, miners cant predict the ideal time to join, so that they can either get greater rewards if they must receive more stocks within the last N stocks, 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 ahead of time. Founded by SatoshiLabs current CEO Marek Palatinus (aka Slush), its based in why not check here the Czech Republic and follows a score-based method to discourage pool-hopping.
This really is a medium-large sized pool. SlushPool claims a 2% fee from each block solving benefit. SlushPools dashboard is quite user friendly and provides excellent detail with routine updates. While it may not be the largest of those 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 choose between PPLNS (0% commission ) and PPS+ (2% fee), both of which have their own advantages.
In regard to 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 displays earnings and hashrates. Additionally, there are 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 the greatest pool around, in the time of writing. BTC.com have their own payment method, FPPS, which like PPS+ include TX charges 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 program, 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% commission.
With respect to payout, per each block found you will need to wait for +101 block confirmations to get paid, which could take a while.
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This is a relatively simple pool having 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 does possess two-factor authentication for an extra layer of security.