Best Bitcoin Mining Pools 2020 – The Ultimate List of Mining Pools
Full Terms and Conditions
Cloud Mining Contract - Terms and Conditions
You (the "Customer") agree with the following terms and conditions for the provision of mining services (the "Agreement") made as of today; between :
Saint Bitts, a limited liability company in the Federation of St Kitts and Nevis (“St Bitts”, “Bitcoin. com Pool”, “Service Providers”, “us” or “we”, St Bitts); andYou, the Customer.
1.0. Purchasing
1.1. Purchasing Fees
Customer may elect to pay the purchasing fees of this contract using either Bitcoin or bank wire transfer. Purchasing fees shall be paid at the initiation or beginning of the contract.
1.2. Purchasing with Bitcoin
If Customer elects to pay using Bitcoin, the fees shall be calculated using the Bitpay. com Bitcoin-to-USD ($) exchange rate. After Customer chooses to send this transaction, Customer will Bitcoin mining pool pps payment 30 minutes from the time of initiation to send the Purchasing Fees of the unconfirmed transaction. If no Purchasing Fees for the unconfirmed transaction are received after 30 minutes, the user must click “Update price” to receive an updated Bitcoin exchange rate and then attempt payment using the new rate. This contract will activate automatically after the transaction is confirmed.
1.3. Purchasing with bank wire transfer
St Bitts shall only accept bank wire transfer for purchases over US$10,000. This contract activates manually after St Bitts confirms bank account receipt of funds.
2.0 Contract Activation
After contract activation, a new worker for each contract will be added to the workers page on the website.
Hashrate will appear in Customer’s account within one (1) minute after contract activation, but it may take ten (10) minutes for hash rate statistics show accurate numbers because St. Bitts measures hash rate using a ten (10) minute average.
3.0 Revenue
Customer may only receive PPS (Pay Per Share) payments while a contract is active. Customer will receive 13980 shares per minute per TH/s. PPS payments are subject to our block reward bonus which St Bitts reserves the right to change at any time. PPS rewards will be credited to the users pool balance at 6:00AM UTC. Customer may choose to withdraw their revenue automatically or manually as long as their balance exceeds 0.01 BTC.
4.0 Choice of coin to mine
Customer may decide which coin to receive payments (among the available coins in the Bitcoin. com Pool), but St Bitts reserves the right to decide Bitcoin mining pool pps payment coin the hashrate will Bitcoin mining pool pps payment used to create blocks.
5.0 Fees
Daily fees are subtracted from Customer’s pool balance at 6:00AM UTC every day. If contract PPS revenue for the day is lower than daily fees, daily fee will be lowered to the same as the revenue amount. This ensures Customer does not end up with a negative Bitcoin mining pool pps payment. Fees will be pro-rated for the first and last day
6.0 Contract termination
Contract will terminate on the contract expiry date. Contract can terminate before the expiry date if it is not profitable for 60 days (contract revenue is less than contract fees for 60 days). We consider a Bitcoin mining pool pps payment to be unprofitable if either BTC or BCH revenue does not exceed fees.
“Lifetime” contracts do not have an expiry date but will still terminate if not profitable for 60 days.
7.0 Refunds and Exchanges
By default, St Bitts does not allow refunds or exchanges after a contract has been fully paid. We reserve the right to make a decision on refunds or exchanges.
8.0 Limitation of Liability
Without detriment to the Service Providers (St Bitts’) obligation to render the Services on a commercially reasonable basis only, any liability of the Service Provider hereunder and Bitcoin mining pool pps payment in connection with this Agreement shall be limited to willful misconduct and gross negligence. Further, the Service Provider shall not Bitcoin mining pool pps payment liable for any damages incurred by the Customer as a result of force majeure which shall include any disruption or breakdown of the Bitcoin market. We make no guarantees, warranties or representations whatsoever as to (a) the future value of any Bitcoins produced; nor (b) the rate at which Bitcoins will be produced in the future applying particular hash rates, pursuant to any Bitcoin Cloud Mining Contract purchased by you.
Governing Law, Language and Miscellaneous
9.1 These Terms of Service have been made in and shall be construed and enforced in accordance with Hong Kong law. Any dispute or difference arising out of or in connection with this contract shall be referred to and determined by arbitration under the Electronic Transaction Arbitration Rules of the Bitcoin mining pool pps payment Kong International Arbitration Centre. Hong Kong shall be the seat of arbitration and any such dispute shall be resolved at the Hong Kong International Arbitration Center by a single arbitrator.
9.2 Correspondence should be sent to pool@bitcoin. com
9.3 The English version shall control in the event there is a discrepancy between any English version and any translation.
9.4 The terms of the Privacy Policy are incorporated herein. These terms shall control in the event there is a discrepancy between these terms and the Privacy Policy.
10.0 These Terms and Conditions are subject to change without notice.
What is Poolin?
Comparison of mining pools
Reward types & explanation:
- CPPSRB - Bitcoin mining pool pps payment Pay Per Share with Recent Backpay. [1]DGM - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. [2]ESMPPS - Equalized Shared Maximum Pay Per Share. Like SMPPS, but equalizes payments fairly among all those who are owed. [3]POT - Pay On Target. A high variance PPS variant that pays on the difficulty of work returned to pool rather than the difficulty of work served by pool [4]PPLNS - Pay Per Last Bitcoin mining pool pps payment Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.PPLNSG - Pay Per Last N Groups (or shifts). Similar to PPLNS, but shares are grouped into "shifts" which are paid as a whole.PPS - Pay Per Share. Each submitted share is worth certain amount of BTC. Since finding a block requires <current difficulty> shares On average, a PPS method with 0% fee would be 12.5 BTC divided by <current difficulty>. It is risky for pool operators, hence the fee is highest.Prop. - Proportional. When block is found, the reward is distributed among all Bitcoin mining pool pps payment proportionally to how much shares each of them has found.RSMPPS - Recent Shared Maximum Pay Per Share. Like SMPPS, but system aims to prioritize the most recent minimg first. [5]Score - Score based system: a proportional reward, but weighed by time submitted. Each submitted share is worth more mkning the function of time T since start of current round. For each share score is updated by: score += exp(t/C). This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Rewards are calculated proportionally to scores (and not to shares). (at slush's pool C=300 seconds, and every hour scores are normalized)SMPPS - Shared Maximum Pay Per Share. Like Pay Per Share, but never pays more than the pool earns. [6]FPPS - Full Pay Per Share. Similar to PPS，but not only divide regular block reward (12.5 BTC for now) but also some of the transaction fees. Calculate a standard transaction fee within a certain period and distribute it to miners according to their hash power contributions in the pool. It will increase the miners' earnings by sharing some of the transaction fees.
A statistically valid analysis of some pools and their payout methods: Bitcoin network and pool analysis
| AntPool | China | Large | No | PPLNS & Bitcoin mining pool pps payment | kept by pool | 2.5% | 0% | Yes | No | ? | ? | Link | Link | ||||||||
| BCMonster. com |    | Small | No | PPLNS | Shared | 0.5% | Yes | No | 2016-01-13 | Dynamic | Link | Link | |||||||||
| BitcoinAffiliateNetwork |   | ? | NMC, DOGE | ? | kept by pool | ? | ? | Yes | 2014-07-15 | User/Dynamic | Link | Link | |||||||||
| BitMinter |  | Small | NMC | PPLNSG | Shared | 1% | Yes | No | 2011-06-26 | User[3]/Dynamic | Link | Link | |||||||||
| BTC. com | | Medium | NMC | FPPS | Shared | 0% | 4% minimg | No | 2016-09-13 | User | Link | Link | |||||||||
| BTCC Pool | China, Japan | Large | NMC | PPS | kept by pool | 2.0% | 0% | Yes | Yes | 2014-10-21 | Dynamic pkol | Link | |||||||||
| BTCDig | | Small | No | DGM | kept by pool | 0% | Yes | 2013-07-04 | User[3]/Dynamic 20SPM | Link | Link | ||||||||||
| Btcmp. com |  | Small | No | PPS | kept by pool | 4% | Yes | 2011-06-28 | Diff 1 | Link | |||||||||||
| BtcZPool. com | | Large | BitCoinZ | PPLNS | Shared | 1% | 0% | Yes | 2017-06-25 | VarDiff | Link | ||||||||||
| BW Mining | China | Medium | ? | Bitcoin mining pool pps payment & PPS | ? | ? | ? | Yes | ? | ? | ? | Link | |||||||||
| Eligius | | Small | NMC | CPPSRB | Shared | 0% | Yes | Yes | 2011-04-27 | Dynamic: 32 shares/m | Link | Link | |||||||||
| F2Pool | | Large | LTC, NMC, SYS, EMC | PPS+ | Shared | 2.5% | Bitcoin mining pool pps payment | Yes | No | 2013-05-05 | Dynamic | Link | Link | ||||||||
| GHash. IO | | Small | NMC, IXC, Bitcojn PPLNS | Shared | 0% | Yes | No | 2013-07-01 | User[3] | Link | Link | ||||||||||
| Give Me COINS | | Small | NMC | Lool | Shared | 0% | Yes | Yes | 2013-08-12 | Dynamic | Link | Link | |||||||||
| Golden Nonce Pool | | Small | No | DGM | kept by pool | 0% | Yes | 2018-03-27 | Dynamic | Link | Link | ||||||||||
| Jonny Bravo's Mining Emporium | | Small | No | PPLNS | Shared Bitcoin mining pool pps payment 0.5% | Yes | No | 2015-11-19 bitcoij Dynamic | Link | Link | |||||||||||
| KanoPool |   | Medium | No | PPLNSG | Shared | 0.9% Bitcoin mining pool pps payment | No | 2014-09-20 | User[3]/Dynamic 18SPM | Link | Link | ||||||||||
| KmdPool. org | | Large | Komodo | PPLNS | Shared | 1% | 0% | Yes | 2017-11-25 | VarDiff | Link | ||||||||||
| Merge Mining Pool | | Small | NMC, IXC, Devcoin | Opol | Shared | 1.5% | Yes | No | 2012-01-08 | User[3] | Link | Link | |||||||||
| MergeMining | Global | Small | CRW, DVC, HUC, I0C, IXC, XMY/MYR, NMC, SYS, UNO, TRC, ARG, Bitcoin mining pool pps payment | PPLNS | Shared | 1% | Yes | No | 2016-12-01 | User[3] | Link | ||||||||||
| Multipool | | Small | NMC | Score | Shared | 1.5% | Yes | No | 2012-03-15 | User | Link | Link | |||||||||
| P2Pool | Global (p2p) | Small | Merged mining can be done on a "solo mining" basis [4] | PPLNS | Shared | 0% | Yes | No | 2011-06-17 | User[3] | Link | ||||||||||
| Poolin | Global | Medium | NMCDOGE VCASH | FPPS Bitcoin mining pool pps payment | 4% | Yes | Yes | Bitcoin mining pool pps payment | Dynamic pkol Pool | Global | Medium | NMC | Score | Shared | 2% | Yes | No | 2010-11-27 | User[3] | Link | Link |
| ZenPool. org | | Large | ZenCash | PPLNS | Shared | 1% | 0% | Yes | 2017-10-25 | VarDiff | Link |
GBT Launched Variance Forum Website SPV Mining / Old Bitcoin Core
The following pools are known or strongly suspected to be mining paymet top of blocks before fully validating them with Bitcoin Core 0.9.5 or later. Miners doing this have already lost over $50,000 USD during ps 4 July 2015 fork and have created a situation where small numbers of confirmations are much less useful than they Bitcoin mining pool pps payment are.
The following pools are believed to be currently fully Bitcoin mining pool pps payment blocks with Bitcoin Core 0.9.5 or later (0.10.2 or later recommended due to DoS vulnerabilities):
References
↑Note that pool hashrate is largely irrelevant but can be seen as a popularity measurement. It is a theoretical security issue if one pool gains above 50% of the total computational power of the network, thus consider joining a pool based on other metrics. The pool's total hash rate is very dynamic on most pools. Over time, as the network grows, Bitcoin mining pool pps payment does most pool's hash rates. The displayed values are the pool's relative sizes based on the network: Small: less than 2%, Medium: 2%-10% Large: greater than 10% of the network.↑Merged mining allows miners to mine on multiple block chains at the same time with the same hashing.↑ 3.03.13.23.33.43.53.63.7The difficulty of the shares can be changed by the user.↑Merged mining can be done on a "solo mining" basis (payouts in the merged chain are Bitcoin mining pool pps payment pooled).↑ 5.05.15.2Intention to continue SPV mining, Wang Chun, 4 July 2015
See also
What is Pay-Per-Share Plus (PPS+) Payment Method? – Luxor Mining Pool
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Payment Methods
AntPool supports fout payment methods: Bitcoin mining pool pps payment (default), PPS，PPLNS and SOLO. You can go to "Settings" page to choose the method you prefer based on your risk tolerance.
PPS (Pay Per Share)
PPS refers to a reward system used by bitcoin mining pools, where you are rewarded for your hashing power on a share basis. Bitcoin miners do btcoin much speeded up version of the sha256 algorithm outlined here. Depending on the difficulty of the sum being done, bitcoin mining pools will pay a fixed sum for successfully completed hash. The more power you have, the more shares you can submit per second.
PPS+ (Pay Per Share Plus Transaction Fee)
PPS+ is an enhancement of the conventional PPS method, with an additional allocation of transaction fees. With PPS+, the pool pays the miners for each valid share they submit – like the pool is hiring them, and Bitcoin mining pool pps payment miners will enjoy a stable payout. The pool bears all the risks of bad luck and orphaned blocks, hence a higher fee. Transaction fees will be allocated to miners by PPLNS as below.
PPLNS (Pay Per Last N Shares):
PPLNS is calculated by the proportion of miners’ hashrates in the pool’s total in the last N difficulty rounds, when a Bitcoin mining pool pps payment is found. Transaction fees will be allocated to miners too. The pool charges 0 ops fees for PPLNS payment method. With PPLNS, miners’ payout is connected to blocks found. Miners may face unstable yields but in the long hitcoin they will enjoy higher payouts.
SOLO:
SOLO all block reward miningg be allocated to the miner who mined the block, The pool charges 1% commission for daily operation and maintenance.
Finish configuring "Wallet Adress""Mine Coin""Payment Method", then paykent "Save". And login your email to finish the verification.
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