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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 that the pool owners bill, 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 energy you've got and the longer you mined for the cube, the more shares 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 get for each share will equal the block rewards divided by the entire 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 method was designed to prevent miners from pool-hopping. Your mining period and hashing power are calculated into a scoring hash rate score. The longer you stay on the swimming 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 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, shares received out of the window will not be rewarded in any way. This window can either be defined as a period frame (uncommon), or with a certain number (N) that represents the final stocks received up to the block solving. .
By way of example, if N equals 1 Billion, once a block is found only the last 1 Billion shares will likely be rewarded. While not defined anywhere explicitly, N is usually set as a multiple of this mining pool issue with a constant, typically two.
Due to this, PPLNS can be known as Pay per Luck Shares. When implemented correctly, miners cant predict the ideal time to join, so that they can either get higher rewards if they must receive more stocks within the last N stocks, 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 really is a medium-large sized pool. SlushPool claims a 2% commission from every block solving reward. SlushPools dashboard is very user friendly and provides excellent detail with regular upgrades. While it may not be the biggest of those Bitcoin mining pools, its certainly considered one of the best.
Antpool is a Chinese Bitcoin mining pool run by Bitmain Technologies. It's medium 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 regard to payments, theyre made once per day when 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 wallet locks.
Known for their wallet and their own blockchain explorer, BTC.com have Click This Link been around for a while, before opening a pool in 2016. Owned by Bitmain Tech, BTC.com is the greatest pool around, at the time of writing. BTC.com possess 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 established in 2013. Operating a PPS+ reward system, F2Pool takes a 2.5% fee, which is a bit on the high side.
Aside from 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's 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 small Bitcoin mining pool offers PPLNS payment model, charging a 0.9% fee.
With respect to payout, per each block found you'll need to wait for +101 block confirmations for paid, which might take a while.
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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 to get an extra layer of safety.