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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 the high fees that the pool owners bill, to mitigate the risk they take by paying frequently.

Proportional: Just like in PPS, miners distribute stocks along the block finding period. The more hashing power you have and the longer you mined for the block, the more shares you submitted. Once a block is found, the pool pay the miners according to the amount of shares they received.

However in this payment method, the value you will get for each share will equal the block benefits divided by the entire 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 power are calculated into a scoring hash speed score. The longer you remain on the swimming pool, the greater your score is and the greater 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 Last N Shares (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 out of the window will not be rewarded at all. This window can either be defined as a time frame (uncommon), or by 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 likely be rewarded. While not defined anywhere explicitly, N is usually set as a multiple of the mining pool issue with a constant, usually two.

For this reason, PPLNS can be called Pay per Luck Shares. When implemented properly, miners cant predict the ideal time to join, so that they can either get greater rewards when they got to receive more stocks within the last N shares, or find no reward at all 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 based in the Czech Republic and follows a score-based method to discourage pool-hopping.

This is a medium-large sized pool. SlushPool asserts a 2% fee from every block solving benefit. SlushPools dashboard is very user friendly and gives excellent detail with routine upgrades. While it may not be the biggest 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 moderate 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 terms of 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. There are also a variety of security options, including two-factor authentication, email alerts, and pocket locks.

Known for their check here 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 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 2013. Operating a PPS+ reward program, F2Pool takes a 2.5% commission, which is a bit on the large side.

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Besides Bitcoin, F2Pool also supports mining Litecoin (LTC), Ethereum (ETH), Zcash (ZEC), as well as additional different coins. Theres a daily automated payout, and the minimum withdrawal is 0.005 BTC. Unlike some Chinese Bitcoin mining pools, it has an English interface. The layout is quite simple, with information presented in a clear and concise manner. .

Also known as KanoPool, Kano CKPool was founded in 2014. This little Bitcoin mining pool offers PPLNS payment model, charging a 0.9% fee.

With regard to payout, per each block found you will need to wait +101 block confirmations to get paid, which could take some time.

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This is a relatively simple pool with 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 does have two-factor authentication for an extra layer of security.

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