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This payment system guarantees payments and leaves the miners with very little risk of not being compensated 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 period. The more hashing power you've got and the longer you mined for the cube, the more stocks you submitted. Once a cube is found, the pool pay the miners according to the amount of shares they obtained.
But in this payment method, the value that you will receive for each share will equal the block benefits 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 method 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 stay on the pool, the greater 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 shares drop accordingly.
Pay per Last N Shares (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 out of 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 last shares received up to the block solving. .
By way of 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 this mining pool issue using a constant, usually two.
Due to this, PPLNS can be known as Pay per Luck Shares. When implemented properly, miners cant predict the ideal time to join, so they can either get greater rewards if they must get more stocks within the last N stocks, 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 located in the Czech Republic and follows a score-based method to dissuade pool-hopping.
This is a medium-large sized pool. SlushPool claims a 2% commission from every block solving reward. SlushPools dashboard is very user friendly and gives excellent detail with routine updates. While it might not be the largest of the Bitcoin mining pools, its certainly considered one of the best.
Antpool is a Chinese Bitcoin mining pool run by Bitmain Technologies. It is medium in size. One advantage Antpool has is that you can pick between PPLNS (0% commission ) and PPS+ (2% fee), both of which have their own advantages.
In terms of payments, theyre made 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 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, in the time of writing. BTC.com have their own payment system, FPPS, which like 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 program, F2Pool takes a 2.5% fee, which is somewhat 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% commission.
With regard to payout, per each block found you will need to wait for +101 block confirmations for paid, which could take a while.
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This is a comparatively simple pool with an interface that could do with an upgrade as its not the most user friendly. It doesnt have much in find more the way of features, but it will possess two-factor authentication to get an click here now additional layer of safety.