Top Bitcoin Mining Sites for Beginners

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Slushs Pool is one of those very first Bitcoin mining pools and has been in operation since December 2010. The pool is owned by Satoshi Labs, who's also in charge of Coinmap and Trezor. They are one of the best pools for a beginner miner.

Antpool is one of the very popular pools located from China. Since you might have been able to tell, it's owned by Bitmain, the creator of this Antminer S9 and other mining ASICs. Antpool includes a minimum payout of .05 Bitcoin.

BTC.com pool can also be based from China and has been around for many years. They use Total Pay-Per-Share (FPPS) approach, meaning that the standard transaction fee is calculated and then given to miners according to PPS mode.

ViaBTC is another popular Chinese pool. They have PPS+, PPLNS and Solo mining options. In addition to Bitcoin, they provide several other coin mining pools like Ethereum, Ethereum Classic, Litecoin and Zcash.

F2pool is another Chinese mining pool that supports several cryptocurrencies including Bitcoin. They utilize a PPS+ reward system.

 

 

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After mining enough Bitcoin you will be able t0 cash from the mining pool. Youll want to send your hard-earned Bitcoin to a wallet. If you're unfamiliar with pockets, they are applications that runs on devices that protect your Bitcoin with cryptography. They also typically have interfaces making it easy to buy, send and get Bitcoin. .

Once youve set up a wallet, copy the deposit address given and glue it into the payout address area on the mining pool you pick.

PPS Pay per share, in this method miners, receive guaranteed payouts depending on the number of legitimate shares they mine.

 

 

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FPPS  Full Pay-Per-Share, meaning that a standard transaction fee is calculated and then given to miners in addition to stocks from PPS mode.

PROP Proportional, in this system, rewards are distributed proportionally to the share contribution.

 

 

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PPLNS Pay Per Last N Shares, very similar to PROP, this system spreads proportionally throughout the last N shares. (N is an amount of stocks ).

Updated: August 11, 2018 Home Bitcoin Purchase Sell, Mine & Invest How to mine BitCoin You can mine a BitCoin using your own computer but it is going to most likely take years to mine (calculate) a single BitCoin, the second option is to mine BitCoin through P2P, therefore, How do I mine Bitcoins on my PC Just join one of those P2P mining pool. . go to website

Related Article 2019 7 Bitcoin Exchanges to purchase, Sell, Invest And Make Money With Bitcoin And EtherumWeve listed 10 of the biggest and most reliable BitCoin mining pool in the current market, the benefit of joining one of those mining pool is you get compensated based on all of your effort, meaning to say if you contributed 1 percent of the processing power in solving a BitCoin, you get rewarded 1% of this BitCoin.

 

 

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01 Slush Pool Server Locations Asia, Europe, U.S.A Average Fee 1 percent.

 

 

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Slush Pool is the first publicly accessible mining pool, first annouced in 2010 under the name Bitcoin Pooled Mining Server. Slush Pool allows users to mine BTC and ZEC. Bitcoin can be mined to get a 2% fee, whilst ZEC is mined for free. The pool stocks the transaction fees earned with miners.Unique Voting System Our pool stays politically neutral.

Just direct your Hash Rate towards your favorite protocol proposal.High Availability Our servers are dispersed around the globe. The intelligent load balancing and fail-over system ensures you are up and running 99.9percent of their time.Account Security The entire infrastructure runs on highly secured servers. Your wallet address can be procured with two-factor-authentication (2FA).

 

 

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Give me Coins shares the transaction fees with miners and permits users to mix mine several coins.Read Also  10 Finest BitCoin Wallets With Low Transaction Fees 03 AntPool Server Locations Asia Average Fee 2.43percent AntPool is an efficient digital currency pool and open for users all around the Earth, AntPool service mining of Bitcoin, Litecoin, Ethereum and service continue reading this payment method of PPS, PPLNS and SOLO.Account Security Support payment method of PPLNS, PPS, SOLO.

Bitminter is one of the oldest pools. Since they opened in 2011 over 450 000 people have registered accounts together. They expect you will join them too! BitMinter was launched on 26 June 2011 and it enables users to mine BTC to get a 1% commission while sharing the transaction fees with miners.

Payments are made in BTC, BTCD, RADS and VRC. 1. No registration is required, payouts are made to the BTC address you mine with as your username. Payouts are made automatically every two hours to get all balances over 0.01 and balances more than 0.0025 are paid several evenings each week.

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