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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 the high fees the pool owners bill, to mitigate the risk they take by paying regularly.
Proportional: Just like in PPS, miners submit shares along the block finding interval. The more hashing power you have and the longer you mined to your block, the more shares you submitted. 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 benefits 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 system 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 remain on the swimming pool, the greater your score is and the greater the value of the stocks you get. Once you stop mining, your score gets smaller and the value of your stocks drop accordingly.
Pay per Last N Stocks (PPLNS): In PPLNS, miners only get paid for stocks received during a predefined window that ends in the block solving. Unlike other payment schemes, stocks received out of 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 instance, if N equals 1 Billion, once a block is found only the previous 1 Billion shares will be rewarded. While not defined anywhere explicitly, N is generally 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 properly, miners cant predict the ideal time to join, so they can either get higher rewards when they must get more stocks within the previous N stocks, or get no Blockchain 2.0 reward whatsoever 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 located in the Czech Republic and follows a score-based method to discourage pool-hopping.
This is a medium-large sized pool. SlushPool claims a 2% fee from every block solving benefit. SlushPools dashboard is quite user friendly and gives excellent detail with routine upgrades. While it might site web not be the biggest of the Bitcoin mining pools, its certainly considered one of the best.
Antpool is a Chinese Bitcoin mining pool run by Bitmain Technologies. It is medium in size. One advantage Antpool has is that you can choose between PPLNS (0% commission ) and PPS+ (2% fee), each of which have their own advantages.
In regard to payments, theyre created once per day if the amount exceeds 0.001 Bitcoin. Those new to Bitcoin mining will appreciate the clean interface. The dashboard clearly shows earnings and hashrates. There are also 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 2016. Owned by Bitmain Tech, BTC.com is the largest pool around, at the time of writing. BTC.com possess their own payment system, FPPS, which like PPS+ include TX fees 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 program, F2Pool takes a 2.5% commission, which is somewhat on the large side.
Also known as KanoPool, Kano CKPool was founded in 2014. This little Bitcoin mining pool provides PPLNS payment model, charging a 0.9% fee.
With regard to payout, per each block found you'll need to wait for +101 block confirmations for paid, which might take some time.
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This is a relatively simple pool having 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 possess two-factor authentication for an extra layer of safety.