Some Known Facts About Understanding Bitcoin Mining.
This payment method guarantees payments and leaves the miners with very little risk of not being compensated 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 regularly.
Proportional: Just like in PPS, miners distribute shares along the block finding interval. The more hashing power you've got and the longer you mined for the block, the more stocks you submitted. Once a cube is found, the pool cover the miners according to the amount of shares they received.
But in this payment method, the value that 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 electricity are calculated into a scoring hash speed score. The longer you stay 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 shares drop accordingly.
Pay per Last 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 out the window will not be rewarded at all. This window can be defined as a time frame (uncommon), or by a certain number (N) that represents the final shares received up to the block solving. .
For example, if N equals 1 Billion, once a block is found only the last 1 Billion shares will be rewarded. While not defined anywhere explicitly, N is generally set as a multiple of the mining pool difficulty with a constant, typically 2.
For this reason, 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 greater rewards if they got to receive more shares within the last N shares, or get no reward at all when 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 ahead of time. Founded by SatoshiLabs current CEO Marek Palatinus (aka Slush), its based in the Czech Republic and follows a score-based method to dissuade pool-hopping.
This really is a medium-large sized pool. SlushPool asserts a 2% fee from every block solving benefit. SlushPools dashboard is quite user friendly and gives excellent detail with regular updates. While it may not be the largest of the Bitcoin mining pools, its certainly considered one of the best.
Antpool is a Chinese Bitcoin mining pool operated 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 if 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 pocket locks.
Known for their wallet and their own blockchain explorer, BTC.com have been around for some time, before opening a pool in Source 2016. Owned by Bitmain Tech, BTC.com is your greatest pool around, at the time of writing. BTC.com possess their own payment system, FPPS, which similar to 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.
Also known as KanoPool, Kano CKPool was founded in 2014. This small Bitcoin mining pool provides PPLNS payment model, charging a 0.9% fee.
With regard to payout, per each block found you will need to wait for +101 block confirmations to get paid, which could take a while.
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This is a comparatively simple pool with an interface that could do with an update as its not the most user friendly. It doesnt have much in the way of features, but it does possess two-factor authentication for an extra layer of security.