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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 frequently.

Proportional: Just like in PPS, miners submit shares along the block finding interval. The more hashing power you've got and the longer you mined for the block, the more shares you submitted. Once a cube is found, the pool cover the miners according to the amount of shares they obtained.

But in this payment system, the value 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 period 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 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 Shares (PPLNS): In PPLNS, miners only get paid for stocks 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 at all. This window can either be defined as a period frame (uncommon), or with a certain number (N) that represents the final stocks received up into the block solving. .

For 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 difficulty using a constant, usually 2.

For this reason, PPLNS is also known as Pay per Luck Shares. When implemented properly, miners cant predict the ideal time to join, so they can either get more info here greater rewards if they must receive more stocks within the previous 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 system to dissuade pool-hopping.

This is a medium-large sized pool. SlushPool asserts a 2% fee from each block solving reward. SlushPools dashboard is quite user friendly and gives excellent detail with regular 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 operated by Bitmain Technologies. It's medium 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 regard to 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 shows 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 some time, before opening a pool in 2016. Owned by Bitmain Tech, BTC.com is the largest pool around, at 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 system, F2Pool requires a 2.5% fee, which is a bit on the large side.

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

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

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This is a relatively straightforward 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 will have two-factor authentication for an additional layer of safety.

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