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发布:2021-10-14浏览:606 次

Bitcoin Mining Pools Now that you have Bitcoin mining hardware, your next step is to join a Bitcoin mining pool or buy bitcoin. Mining pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hash power. While mining pools are desirable to the average miner as they smooth out rewards and make them more predictable, they unfortunately concentrate power to the mining pool’s owner. Miners can, however, choose to redirect their hashing power to a different mining pool at anytime. Finding a good mining pool is important because its going to save you money. Before we get into the best mining pools to join, it’s important to note that most mining pools are in China. Many only have Chinese websites and support. Mining centralization in China is one of Bitcoin’s biggest issues at the moment. There are about 20 major mining pools. Broken down by the percent of hash power controlled by a pool, and the location of that pool’s company, we estimate that Chinese pools control ~65% of the network hash rate: This is because all Bitcoin mining pools will ask you for a Bitcoin address that will be used to send your mining rewards and payouts. Our guide on the best bitcoin wallets will help you get a wallet. Read the full guide. The list below details the biggest Bitcoin mining pools: We strongly recommend new miners to join Poolin or Slush Pool. F2Pool is based in China. It mines about 10% of all blocks. Antpool is a mining pool based in China and owned by BitMain. Antpool mines about 17% of all blocks. ViaBTC is a somewhat new mining pool that has been around for about one year. It’s targeted towards Chinese miners and mines about 13% of all blocks. Poolin is a public pool which mines about 13% of all blocks. They are based in China, but have a website fully available in English. Binance Pool is a fast growing pool owned and operated by Malta-based exchange Binance. Binance is already one of the largest crypto exchanges on Earth and they are moving aggressively to expand their reach in mining as well. BTC.com is a public mining pool that can be joined and mines 9% of all blocks. We strongly recommend joining Slush Pool or Poolin instead. Huobi.pool is a Chinese based mining pool accounting for 2% of all mining. Foundry USA is (you guessed it) a US based pool owned by German blockchain company Foundry Digital. They account for 9% of all hashing power. Slush Pool was the first mining pool and currently mines about 5% of all blocks. Slush is probably one of the best and most popular mining pools despite not being one of the largest. This is a Japanese pool that currently mines about 2% of the blocks. Buying bitcoin with a debit card is the fastest way. We highly recommending using Skrill whenever possible. The comparison chart above is just a quick reference. The location of a pool does not matter all that much. Most of the pools have servers in every country so even if the mining pool is based in China, you could connect to a server in the US, for example. Mining hardware is specialized computers, created solely for the purpose of mining bitcoins. The more powerful your hardware is–and the more energy efficient–the more profitable it will be to mine bitcoins. *BuyBitcoinWorldwide.com averages prices from various online sources. Actual prices may vary depending on seller. Before you join a mining pool you will also need Bitcoin mining software and a Bitcoin wallet. You will also very likely need an ASIC miner, since GPU mining will likely never be profitable again going forward. Many people read about mining pools and think it is just a group that pays out free bitcoins. This is not true! Mining pools are for people who have mining hardware to split profits. Many people get mining pools confused with cloud mining. Cloud mining is where you pay a service provider to mine for you and you get the rewards. If you just want bitcoins, mining is NOT the best way to obtain coins. Buying bitcoins is the EASIEST and FASTEST way to purchase bitcoins. Get $10 worth of free bitcoins when you buy $100 or more at Coinbase. Bitcoin mining tends to gravitate towards countries with cheap electricity. As Bitcoin mining is somewhat centralized, 10-15 mining companies have claimed the vast majority of network hash power. With many of these companies in the same country, only a small number of countries mine and export a significant amount of bitcoins. Unless you have access to very cheap electricity, and modern mining hardware then mining isn’t the most efficient way to stack sats. Buying bitcoin with a debit card is the simplest way, but we also recommend using a payment network like Skrill or Interac e-Transfer or use a bank transfer such as SEPA when available. To buy bitcoin in your country or state, check our guides! A few of our most popular are listed below! …or visit our exchange finder if your country is not listed above. China’s mining pools mine the most bitcoins even though the actual mining hardware may be located in a different country. Until recently even the mining hardware was located in China because the electricity in China is very cheap. It was even rumored that some Chinese power companies pointed their excess energy towards Bitcoin mining facilities so that no energy goes to waste. All of this has changed since the Chinese government has banned crypto mining within the country. Still China is home to many of the top Bitcoin mining pool companies: It’s estimated that these mining pools own somewhere around 60% of Bitcoins hash power, meaning they mine about 60% of all new bitcoins. Georgia is home to BitFury, one of the largest producers of Bitcoin mining hardware and chips. BitFury currently mines about 15% of all bitcoins. The countries above mine about 80% of all bitcoins. The rest of the hash power is spread across the rest of the world, often pointed at smaller mining pools like Slush (Czech Republic) and Eligius (US). While we can see which mining pools are the largest, it’s important to understand that the hash power pointed towards a mining pool isn’t necessarily owned by the mining pool itself. There are a few cases, like with BitFury and KnCMiner, where the company itself runs the mining operation but doesn’t run a mining pool. Bitcoin miners can switch mining pools easily by routing their hash power to a different pool, so the market share of pools is constantly changing. To make the list of top 10 miners, we looked at blocks found over the past 6 months using data from BlockTrail.com. The size of mining pools is constantly changing. We will do our best to keep this post up-to-date. If you cloud mine then you don’t need to select a pool; the cloud mining company does this automatically. Bitcoin miners are crucial to Bitcoin and its security. Without miners, Bitcoin would be vulnerable and easy to attack. However, miners are responsible for the creation of all new bitcoins and a fascinating part of the Bitcoin ecosystem. Mining, once done on the average home computer, is now mostly done in large, specialized warehouses with massive amounts of mining hardware. These warehouses usually direct their hashing power towards mining pools. You may be wondering how pools payout their members? Do all pools use a similar payment structure or are all of them unique? When you become a member of a mining pool, there are a number of ways your rewards for contributing hashing power can be calculated. All of the payout methods use the term “share”. Dont forget to think about your tax obligation on the coins you buy or mine. There are some great tax software suites to make it easy! For instance, we have a great guide on how that software works to pay taxes on Coinbase buys. A "share" is awarded to members of the mining pool who present a valid partial proof-of-work. Essentially, the more hashing power you contribute to the pool, the more shares you are entitled to. The most simple payout scheme, Pay Per Share guarantees the miner a payout regardless of if the pool finds the next block or not. The value of a share is determined by the amount of hashing power that is likely needed to find a block divided by the reward for finding it. If 100 shares are likely needed to find a block and the reward is 6.25 BTC, then each share is worth .0625 BTC (6.25 / 100). Payment is paid from the pool’s existing balance and the amount of the payment is determined based on your number of shares. Because payment is guaranteed, more of the risk is on the mining pool operator. The payouts to the pool members is therefore smaller than in Pay Per Last N Share, explained below. One final feature of Pay Per Share is that transaction fees from each block are kept by the pool operator. Pool members are only paid based on block rewards. Full Pay Per Share (also known as “Pay Per Share +”) is the same as Pay Per Share, except transaction fees are also paid to the pool members on top of the block reward. Pay Per Last N Shares is a more complicated payout that shifts more risk to pool members but also more rewards. In Pay Per Last N Shares, pool members are only paid once a block has been found. Once a block is found, the pool looks at your share contributions for all previous blocks where the pool did not find the block, and this is called a “time window”. All the blocks in a time window are known as a “round”. Using these numbers, the pool determines your total share contributions over the round to determine your payout. For example, if the pool mines through 6 blocks before finding a block, Then their reward for all the hashing power the pool contributed to the network over they 6 block round is 6.25 Bitcoins (not including transaction fees). If you contributed 100 shares for each of those blocks and the total number of shares was 1000, then your payment would be .625 BTC or .104 BTC per block. The idea behind this payout scheme is that it removes all luck and only pays members based on their contribution to actual revenue earned by the pool. This scheme also incentivizes members to continue mining on in the pool even as the profitability of mining different coins rises comparatively. This is because disconnecting from the pool before a block is found will pay you nothing. Pools that use Pay Per Last N Share may or may not include transaction fees in their reward payouts so it is up to your to find this out from each pool. Buying Bitcoin with a debit card is the fastest way. Lets go over all the most important info of each of the pools. By the end, you should be able to pick the best one for you. Despite recent controversy, Antpool remains the largest Bitcoin mining pool in terms of its Bitcoin network hash rate. Antpool holds roughly 15% of the total hash rate of all Bitcoin mining pools. Antpool mined its first block in March 2014, meaning that it emerged roughly four years after the first mining pool; Slushpool. Antpool is run by Bitmain Technologies Ltd., the world’s largest Bitcoin mining hardware manufacturer, and a large portion of their pool is run on Bitmain’s own mining rigs. Antpool supports p2pool and stratum mining modes with nodes that are spread all over the world to ensure stability (US, Germany, China etc.). Also, Antpool’s user interface is surprisingly slick considering that the underlying company thrives mostly off of hardware sales. The pool is free to join and the process is simple. First, you need to acquire Bitcoin mining hardware. Then you need to download mining software. If you need help deciding, I suggest you take a look at our hardware and software guides. Hardware is important because it determines the size of your contribution to the pool’s hash rate. Software is important because it enables you to direct your hardware’s hash power towards the pool you prefer. So make sure to make the right choice in order to optimize your rewards. Antpool’s payout structure and percentages vary wildly depending on the coin you are mining in the pool. In the case of Bitcoin, you will be charged a PPS+ at 4% plus a 2% transaction fee or you can choose PPLNs at 0% or SOLO at 1%. While Antpool does not directly charge fees, it also does not disclose the Bitcoin transaction fees that are collected. Basically, clients are left in the dark. Currently, every Bitcoin block has a 12.5 BTC reward which Antpool does share with you when it finds a block. Lately, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are collected per block by pools. At this time, Antpool keeps 1-2 bitcoins form transaction fees for itself, which are not shared with miners who have hash power pointed toward the pool. It can be argued that these rates prevent the service from being usable for small-time and big-volume users. Consequently, some users on bitcointalk.org heed that the undisclosed fees make the service unwise to use for the time being. The pool does not appear to have a payout threshold and pays out every day around 10 AM UTC. The minimum withdrawal amount is 0.0005 BTC (other sources say 0.001 BTC). Antpool had refused to enable arguably beneficial upgrades to Bitcoin for reasons that have been largely disproven. More specifically, the controversy revolved around Segwit – a feature that required miner activation to be enabled. Despite the fact that most Bitcoin users wanted this feature activated, Antpool, among other pools, was attempting to block it. This eventually resulted in the Bitcoin Cash hard fork and the ultimate activation of Segwit on Bitcoin. According to BlockTrail, Bitfury is the third largest Bitcoin mining pool and mines about 11% of all blocks. The main difference between the Bitfury pool and other mining pools is that Bitfury is a private pool. Bitfury, the company, makes its own mining hardware and runs its own pool. So, unlike Slush or Antpool, Bitfury cannot be joined if you run mining hardware at home. Unrelated to its pool, Bitfury sells a 16nm ASIC mining chip. Although Bitfury controls a large portion of the Bitcoin network hash rate, its committed to making Bitcoin decentralized: BitFury is fundamentally committed to being a responsible player in the Bitcoin community and we want to work with all integrated partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together. Slush Pool is a name you probably heard if you ever researched mining pools. Today, we’re going to help you familiarize yourself with it and see whether or not it’s worth using. Slush Pool has been around since 2010 and is one of the oldest Bitcoin mining pools in existence. It was originally simply called “Bitcoin Pooled Mining Server” or BPMS for short. Since the launch, the pool has had its ups and downs but things have been mostly positive recently. Satoshi Labs run Slush Pool. You may also know Satoshi Labs from their work on Trezor, the first Bitcoin hardware wallet and Coinmap, a world map outlining which merchants accept Bitcoin. They also invented the scoring system, which awards users based on the “hash power” (the processing power) they bring to the mining pool. Slush Pool was the very first mining pool, and, over the last decade, its users have mined more than 1 million Bitcoins using its services and software: BraiinsOS and BraiinsOS+. And if that doesn’t sound impressive enough, you should also take this into consideration: in the last 6 months, Slush Pool collected more than 9% of all Bitcoins on the market. That percentage makes it one of the five biggest Bitcoin mining pools on the Internet. We’ve covered what the Slush Pool is and explained how it works. Now let’s have a look at the specific services offered by Slush Pool should you decide to join it for your own mining efforts. In terms of fees, Slush Pool is very similar to other mining pools on the market. They offer a standard 2% fee, which you share with other miners. There’s a 0.0002 Bitcoin threshold, which means once you reach this sum, the platform automatically sends the earnings to your account. The best thing about the payments is Slush Pool’s famous score-based method of payments, which allows the awards to be distributed fairly among Bitcoin miners. Customer support is at a high level. Of course, the users can send emails to the network officials if they have any problems. In most cases, a customer support agent will respond in less than 24 hours. However, you can also talk to customer support agents instantly if you have an emergency problem. The company has a dedicated website, where you can start a conversation with customer support if you have questions about your mining setup, user account, or rewards. Security levels are more than satisfactory. You have 2-factor authentication and wallet address locking for emergency cases. You get a read-only token that allows you to log into your account, in case someone tries to hack your account or steal your identity. You can also lock your address if someone else is monitoring your account while you’re mining. In addition to that, the company only uses highly-secured servers, which guarantee the safety of your Bitcoin wallets. Now we’re going to give you a list of both positive and negative aspects of the world’s oldest mining pool. You can just take a look at the positive and negative aspects and decide whether you should use the pool or not if you don’t have the time to read the entire review. In conclusion, is Slush Pool worth your time and effort? The short answer is yes, Slush Pool is a good choice if you want to start mining. It’s great for first-time users due to its simplicity. Plus, it gives awards to some of its most active users. Mining bitcoins? You cant without a Bitcoin wallet. Our guide on the best bitcoin wallets will help you pick one. Read it here!. Once you find one you like, you can learn how to add your mining funds to your wallet. Long-time miners will also be satisfied. The service is always at the top of mining trends. The company officials never stand still, issuing constant updates that make their service fresh and up-to-date at all times. In other words, you won’t go wrong if you pick Shush Pool as your mining pool. Keep in mind though that while Slush is the oldest pool, it is by no means the biggest or the cheapest, and keeping fees low is crucial for any mining operation. F2Pool was originally launched in 2013 in Beijing. Due to its popularity, it soon expanded to other continents. The service is now available in Russia, Canada, and the United States, among other countries. Today, with 15% of the market in its control, F2Pool is the largest Bitcoin mining pool on the market. Within the last year F2Pool has become the biggest mining pool. Just for reference, Poolin, which was the largest now is around 13% of the market share just behind F2Pool. And at 5%, Slush Pool, another of the biggest pools, controls just over a third of what F2Pool commands. In addition to Bitcoin, F2Pool miners can also mine for Litecoin, Ethereum, and multiple other cryptocurrencies. All in all, you can mine for more than 40 cryptocurrencies in this pool. Although the website was originally created just for the Chinese market, the company now has an English language version of its website and the interface is extremely easy to use for miners of all experience levels. We’ve familiarized ourselves with the inner-workings of the company and talked about how F2Pool works. Now is the time to talk about some of its main functions and services offered. For most people, the services offered are what makes or breaks a mining pool. The biggest downside of F2Pool is their fee. Every transaction comes with a 4% fee, which is certainly not small. In fact, this is double what slush charges. However, many miners clearly fee the fees are worth it, given the size of the pool. Numbers don’t lie. For instance, they offer daily payments and every time you reach 0.001 Bitcoin in your wallet, the company sends money to you automatically. They operate on a PPS system, which means they reward the people who mine the most on their network. Having good support is crucial for both experienced and inexperienced users. You need to talk to a knowledgeable person if you have any doubts or questions about your account or payments. Fortunately, anyone who’s had any experience with the F2Pool customer service knows that they are responsive and knowledgeable in their field. They guarantee a response to all inquiries in less than 24 hours. However, you can contact them instantly through their chat if you have a real emergency. F2Pool wouldn’t be so widely-used if they didn’t have good security. The website has the HTTPS protocol and the service comes with a wallet-lock feature, which protects your investment in case your account gets hijacked. Just keep in mind that the email address you used to register can’t be replaced. The company forbids it for security reasons to prevent identity theft on their network. Now that you’re familiar with F2Pool’s history and some of its core features, we’re going to list all of its positive and negative aspects in place. You can use this list to remind yourself about F2Pool’s pros and cons without reading the article if you start wondering whether you should use the service or not. When it’s all said and done, what do we recommend? Should you use F2Pool or not? You already know that the answer is yes if you read the review carefully. Not only is F2Pool one of the oldest mining pools still running, but it’s also one of the best on the market, 7 years after the initial launch. The only downside to F2Pool is that they charge high fees relative to other mining pools. However, considering the rewards and services offered, the fee is definitely worth it. After a few months of mining, once you start making a healthy profit, you probably won’t even pay attention to the fee. Poolin is a multi-currency mining pool that includes popular and profitable coins, including Bitcoin, Litecoin, Bitcoin Cash, and Zcoin. It was started by the same founders of BTC.com, which was later acquired by Bitmain. It is a Chinese-based mining pool with many miners from China, but it is open to everyone around the world. This section will give an overview of some of Poolin’s features. Poolin has its own proprietary software that acts as a proxy between miners and the pool. It helps reduce network traffic and allows miners to sync their settings, create sub-accounts, and balance the electrical load. This feature is available for Bitcoin, Litecoin, and Zcash. A so-called transaction accelerator designed to mitigate the congestion of unconfirmed transactions via “fee bumping”. It helps the Bitcoin network and provides supplemental income for miners within the pool. Custom software to turn off the miners in case of a network blackout to prevent hardware damage and save electricity. Mining hardware used at full capacity is known to degrade at a more advanced pace, so this can help save your investment. This is Poolin’s custom miner monitoring software that can change settings in batches. This is useful for larger-scale operations. While most miners prefer to mine a handful of the top coins, Poolin supports some experimental altcoins. This includes Ravencoin, DASH, and Decred (DCR). For those wanting to monetize their graphics cards, the pool also supports Ethereum mining. This requires separate hardware since ASIC miners are designed for Bitcoin and Bitcoin forks. As bonus income, mining Bitcoin, BCH, or BSV in merged mining mode will result in Vcash, Namecoin, and Dogecoin payouts. This won’t affect normal hash rates of primary Bitcoin mining. This is the new mining protocol for Bitcoin that supports decentralization, fewer limitations while using ASIC hardware, and allows miners to make their own blocks. Since BTC and BCH share the SHA256 same algorithm, it’s easy to switch between each coin when one is more profitable. This is useful due to the wild swings in price on crypto exchanges, and is beneficial if one overtakes the other. They have a minimum payout of 0.001 Bitcoin, and mining fees and payouts scale between currencies. There is a 0 minimum payment if using a Bixin or Mixin wallet. Upon request, users may make manual withdrawals. Poolin was founded by Kevin Pan, Christopher Zhu, and Tianzhao Li, and is currently under Beijing Satoshi Smart Co., Ltd. They were the former owners and founders of BTC.com, but the company is now unrelated to Poolin’s current operations. Poolin hosts nodes using cloud servers, so there is variance in which server you will connect to. This is contrary to a centralized server approach, which would have poor worldwide latency and security. For example, the main mining pool server is btc.ss.poolin.com, which resolves to an IP Address of: “47.252.92.116”. This is located in a data center in San Mateo, California and is hosted by Alibaba’s Cloud service. Using mining software is not the fastest way to get bitcoins. Try an exchange below for the fastest way to get bitcoins. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. Mining can be very profitable but only if you have the right software, choose the right pool, have the necessary ASIC mining hardware, and can find a great deal on power prices. Getting all of these right is extremely difficult and unless you plan on making this your job, you will likely not be competitive. Pools help make it a little easier to compete since smaller operations can ‘pool’ together, but its still very difficult if not impossible to make money on a small budget mining operation. Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity. Buy Bitcoin Worldwide is for educational purposes only. Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices. Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisers, or hold any relevant distinction or title with respect to investing. Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading. Buy Bitcoin Worldwide does not offer legal advice. Any such advice should be sought independently of visiting Buy Bitcoin Worldwide. Only a legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect to the contents of its website. Buy Bitcoin Worldwide receives compensation with respect to its referrals for out-bound crypto exchanges and crypto wallet websites. Wallabit Media LLC and/or its owner/writers own Bitcoin.Welcome to leadingBitcoin mining pool Our service make Bitcoin mining absolitely easy for every person! You dont need to buy expensive equipment and loose your time to configure mining servers - just select Bitcoin mining plan and start to earn right now! This table shows real-time payouts to our customers. Just order Bitcoin mining plan and join to successful people who earned money on the top of nowadays technology! Wish to help your friends to earn money easely as you? Not a big deal! You always can tell them about our service for Bitcoin mining. But stop! Any of your friends who register with your special url and order any Bitcoin mining plan will make profit not just for himself - you will also get bonus for your recommendations. Have any questions? Please submit ticket for getting support.8 Best Bitcoin Mining Pools 2021 – Updated Mining Pools Are you new to mining and have an interest in becoming a Bitcoin miner? Or are you a miner and currently looking out for a new mining pool? In this article, we have reviewed some of the best Bitcoin mining pools which is helpful for you to get started. Let’s jump right into it! With a dedicated focus on PoW (Proof-of-Work) and PoS (Proof-of-Stake), Binance has created an entire ecosystem for trades, investments, exchanges, and miners. This enables users to seamlessly switch between functionalities without the need to integrate Binance services with third parties. With a dedicated vision to improve mining earnings, they even offer free VIP membership to those with a high hash rate. To justify this, Binance has a Binance Smart Pool, which uses the SHA256 algorithm to automatically switch hash rates so that the same algorithm can be used to mine different currencies.eval(ez_write_tag([[728,90],bitcongress_org-medrectangle-4,ezslot_6,144,0,0])); The algorithm automatically switches to the higher hash rate between BTC, BCH, and BSV to guarantee a minimum income to all its miners. At present, the payment is based on the FPPS settlement model and the Luck Value is automatically assumed to make calculations simpler for the workers. Mining rewards and transaction fees to workers are distributed on the basis of the hash rate. The formula used is “FPPS = Theoretical Average Daily Settlement Earnings * (1 + Transaction Fee Rate) * (1 – Mining Pool Fee Rate)”. BTC, as well as merged mining earnings, are awarded at the same time i.e., 15:00 hours Beijing time. The standard mining rates are 2.5% – a lower than average amount compared to the market average.eval(ez_write_tag([[970,250],bitcongress_org-box-4,ezslot_9,145,0,0])); The bitcoin mining platform is protected against DDoS attacks using Cloudflare. This ensures that the hash power is not lost. Optional 2FA (2-Factor Authentication) is available on the website. Apart from this, Binance’s entire ecosystem, right from its wallets to trading platform, implements advanced security measures. This ecosystem acts as a financial and trading cocoon, meaning users are protected right from mining to trading and investing. ViaBTC first launched in 2016 with a Bitcoin mining pool and today supports coins such as Litecoin, Ethereum, and over 10 other crypto assets. Besides the mining pool, you can also access its other services, such as CoinEx Exchange, Smart Chain, OneSwap DEX, ViaBTC wallet, etc., from the pool website itself. The User Interface showcases the chart, hash rate, and other necessary info in a clean and sleek layout. It has separate tabs for workers and earnings for you to explore and leverage for a complete mining experience. Its features include smart mining, auto conversion, etc., which automatically switch and show the most profitable crypto that can be mined at that time and automatically convert all your earnings to BTC or USDT every hour.eval(ez_write_tag([[300,250],bitcongress_org-banner-1,ezslot_11,146,0,0])); The platform charges 4% for the PPS block rewards payment system and 2% for PPLNS. With PPS, the payout occurs every hour based on the current difficulty. However, with PPLNS, the payout is calculated by the users’ hash rates in the last 5 difficulty rounds when a block’s 6th confirmation completes. AntPool is one of the best Bitcoin mining pool and is the largest in terms of its hash power based in China. It is operated by the world’s largest Bitcoin hardware manufacturer called Bitmain Technologies. You can create an account in AntPool without paying any fee, but a Bitcoin mining hardware is required along with mining software which can be downloaded later. The interface is quite ergonomic. Your earnings can be viewed on your dashboard and you can monitor your hash rate on a minute, an hour or on daily basis. Creating an account in AntPool is free. Well, you are allowed to opt for peer to peer solo mine with your hardware (1% fee) or can choose between PPLNS (0% fee) and PPS (2.5% fee). The fee charged on the transaction is hidden and it is not disclosed by AntPool. Bitcoin transaction fee has been increased recently and AntPool keeps 1-2 bitcoins for itself collected from each block, which is not shared with high volume miners.eval(ez_write_tag([[250,250],bitcongress_org-leader-1,ezslot_1,156,0,0])); AntPool does not have and payout threshold and makes a payment every day for balances over 0.001BTC around 10 AM UTC. Every Bitcoin block is rewarded by 12.5BTC by AntPool. AntPool consists of two-factor authentication, wallet locks, email alerts as security measures. Well, the pool operators perpetuate their own forums and consists of easy and simple documentation for the main tasks miners do in the pool. Antpool is the largest and a popular Bitcoin pool with a sleek interface for new miners to start with. You can choose between PPLNS and PPS which is an added bonus. A lot of cool options are available when buried deeper in the pool. The payouts are pretty good. AntPool comes with great security measures. The payouts should be reduced as it is a big pool. The transaction fee is not disclosed by AntPool.eval(ez_write_tag([[250,250],bitcongress_org-large-mobile-banner-1,ezslot_2,157,0,0])); Slush Pool is the first Bitcoin Pool launched in the year 2010 by the name Bitcoin Pooled Mining Server. The site got its first blockchain in the year 2012 and since then over 15000 blocks were mined by this site. Slush Pool is run by Satoshi Labs, the Czech based tech company. The first offline Bitcoin wallet and the first Bitcoin-centric world map was created by Satoshi Labs in addition to the mining stratum protocol which is being used by the other best mining pools. Slush Pool stands unique for using Score based method, where the old shares are given lesser prominence than news shares at the start of the round. This method avoids the risk of getting cheated by other miners if they shift pools within a round. A demo account is provided for all the new miners to test before actually signing in. This is helpful for new miners. Users will be updated regularly with graphs, information, and news through release notes or their social media accounts. A standard transaction fee of 2% is fixed and is shared with the miners. A threshold is set for the balance over 0.0002BTC and the payments are made regularly once the threshold is hit by the user. Score based method allows a fair distribution of rewards among miners. Slush pool as two-factor authentication, wallet address locking along with a read-only login token, which is provided by the users if someone else is monitoring your Bitcoin mining. Slush Pool runs on highly secured servers, which protects the Bitcoin wallets of the user. Slush Pool is a well established oldest mining pool. The interface is slick with a unique feature of the score-based method, which avoids the risk of being cheated. The transaction fee is slightly high compared to other sites. Even Though using Score-based method is an advantage, user’s score quickly decreases once stopped mining. eval(ez_write_tag([[250,250],bitcongress_org-large-mobile-banner-2,ezslot_3,159,0,0]));F2Pool is one of the largest Chinese Bitcoin pool, launched in the year 2013. It is better known as Discus Fish mining pool in the world of Bitcoin mining. Apart from Bitcoin, Litecoin, Ethereum, and Zcash are mined here. The difficulty level in mining is based the hash power, as the site uses stratum mining protocol and vardiff. The site comes with an English interface and is simple and easily understandable. F2Pool operates on the PPS reward system and charges a fee of 4% which is quite lofty. The payouts are made every day by setting a limit on withdrawal, i.e 0.001BTC. The site works on HTTPS protocol and consists of Bitcoin wallet lock feature. You are not allowed to change your email address once registered, but the site lacks in utilizing two-factor authentication. F2Pool allows mining of Bitcoin, Litecoin, and Zcash. The payout threshold is really low and offers regular payouts.eval(ez_write_tag([[250,250],bitcongress_org-leader-2,ezslot_4,160,0,0])); The fee (4%) applied is quite exaggerating when compared to other pools. BTC.com is one of the most trusted Bitcoin mining pool owned by Bitmain, creator of AntPool. The site works on stratum mining protocol and VarDiff. The site was launched in the year 2015 and has its own wallets along with mining pool. BTC.com stands out to be transparent by sharing the transaction fee with its miners. The site operates on PPS model with an average fee of 1.5%. It takes 2 hours for the site to send payouts to the users. It completely depends on the Bitcoin network. However, BTC.com tries to send the earnings within a short period of time. eval(ez_write_tag([[250,250],bitcongress_org-narrow-sky-1,ezslot_13,161,0,0]));Cloudflare is implemented by this site to protect against DDoS attack and ensures that the benefits and hash power is not lost. BTC.com operates worldwide and maintains transparency with miners. The site offers a good support system and security. Sometimes sending payouts might require some time, as it depends on the Bitcoin network. Bixin is again one of the largest Bitcoin mining pool based in China. Bixin is also servicing people with its wallet. Bixin comes up with regular updates with its simple interface making it easy for the users to view it.eval(ez_write_tag([[336,280],bitcongress_org-mobile-leaderboard-2,ezslot_12,162,0,0])); Bixin uses PPS (4%) model for the distribution of rewards. Payouts are quick and are made every day. Bixin comes with this cool feature, where the user can predict rewards in advance Users from China are preferred to use this site. The fee charged by the site is quite lofty. Bitfury is a private pool located in Georgia. Bitfury is the producer of mining hardware and chips. Bitfury is working to make Bitcoin decentralized. It mines about 11% of all blocks. Bitfury operates with zero % fee. Bitcoin miners are a group of “miners” who are indulged in solving a block for earning bounty/reward. The reward is equally split among themselves according to their contributed mining hash power. Bitcoin pool is a way to mine their resources and to share their hashing power.eval(ez_write_tag([[250,250],bitcongress_org-leader-4,ezslot_8,164,0,0])); A valid proof of work should be presented in order to gain reward. Initially, generating a single block was taking years for slower miners and then Bitcoin mining pool came into existence, where the miners would receive a portion of block reward and the blocks would be generated quickly. There are various Bitcoin mining pools and choosing the most popular one is quite enticing. It is preferred to choose a small Bitcoin pool to avoid potentially harmful concentration of hashing power. China rules the world in terms of possessing the largest number of Bitcoin pools. Bitcoin pools are ranked based on the hash power controlled by a pool. Here is a list of the Biggest mining pools with their hash power based on information from Blockchain’s pool share chart. Starting from the largest pool and ending with the smallest. AntPool (25.2%), BTC.TOP (11.2%), BTC.com (10.2%), Bixin (8.1%), BTCC Pool (7.3%), F2Pool (5.4%), ViaBTC (5%), BW.COM (5%), BitClub Network (4.8%), Bitcoin.com (3%), SlushPool (2.6%), Unknown (2.3%), GBMiners (2%), BitFury (1.9%), CANOE (1.2%), 1Hash (1.1%), Telco 214 (1.1%), Eligius (1%) BATPOOL (0.9%), Waterhole (0.6%), ConnectBTC (0.6%), Bitcoin India (0.2%), Solo CKPool (0.2%), BitcoinRussia (0.2%).eval(ez_write_tag([[580,400],bitcongress_org-leader-3,ezslot_7,165,0,0])); There are a variety of mining pools for various cryptocurrencies. As the size of the pool increases, the payout decreases, as it is to be shared among many miners. There are different reward types that you should be aware of before mining. Pay-per-Share (PPS) – The amount is fixed for each user which is paid whenever a share is submitted. Proportional – The users are awarded proportionally to the amount of share contributed by them. Score-based – This method gives prominence to the newer shares than older shares and the user is awarded proportionally based on the time of submitting the share. eval(ez_write_tag([[250,250],bitcongress_org-mobile-leaderboard-1,ezslot_10,166,0,0]));Pay Per Last N Shares (PPLNS) – This is similar to the proportional type but varies in rewarding each share in multiple rounds. Full Pay-per-Share (FPPS) – It is similar to PPS but includes dividing transaction fee among miners along with rewards. The transaction fee is distributed according to the miner’s hash power. Shared Maximum Pay Per Share (SMPPS) – It is similar to pay per share but will pay you less what the pool earns. There is a difference between mining pools and cloud mining. Mining pools involve a group of miners sharing the rewards as per their share, but cloud mining involves a service provider whom you have to pay for mining and in turn, you get the rewards. As you can see there are various Bitcoin mining pools offering different services along with different rewards. An option of solo mining might hit your mind, as you can bang complete rewards without sharing it, but It is suggested to join a pool if you are new to this world of mining. Mining pools come with many advantages as well. It is the time for you to get started with mining. It is very easy to create an account, similar to signing up for any Bitcoin exchange platform. The main criteria for getting started with mining pool is that you should possess a mining hardware. Apart from this requirement, mining has been made simple with various mining pools. It is subjective. Bitcoin mining pools might give you higher profits than merely hodling, provided you do it efficiently. For this, you’ll have to use efficient hardware, have access to cheap electricity, and a reliable mining pool that charges lower fees. As you see, it is highly challenging to satisfy all these factors, and factors such as electricity rate might not even be in your control. So it’s relatively easier to trade Bitcoin or shift towards staking since that uses lesser hardware power and can help you gain more profits. Yes, mining pools do pay miners in Bitcoin. Every time they mine a block, they are awarded a Bitcoin. However, based on the calculation and payment methods of different pools, miners get rewards based on their hash rate and that of the other users as well. We’ve listed in this article some of the finest Bitcoin mining pools out there. We’ve chosen them based on security, fees, payment methods, UI, customer support, and more. You can explore and experiment with these pools and choose the ones that suit you best. However, if you’re looking for mining pools other than these, you can find them over the internet. Some of the best mining pools of 2021 are Binance, ViaBTC, AntPool, etc. These may vary in fees, payment, and how they payout the miners, and you can choose the one that best serves your requirements. There are other pools, such as SlushPool, F2Pool, etc., that you can explore as well. Anish loves reading, researching, and writing about crypto and blockchain. He started his crypto journey early in 2017, what started as a fad is now a full-time hobby. He curates guides after thorough research on platforms and is responsible for the most in-depth guides on the site. You will find him walking his dog (not Doge) when he is from his Laptop. Your email address will not be published. Required fields are marked * Bitcongress is a one stop resource for Crypto fanatics. We aim to provide the most updated information related to exchanges, wallets, mining, trading, alt coins and everything in between.style="text-align: center;">online btc mining pools No registration required, no email, no password, no any personal information.Pool offers Instant Payout immediately when block found via Coinbase transaction. Located in the largest European Tier IV data center on the top hardware dedicated servers and 10G uplinks. AsicBoost is supported using version-rolling stratum protocol extension. We offer an Instant Payout immediately when block found,pool never keeps mined coins. Transactions fees arepaid to miner! At the high season mining fees can be up to 80%+ of block value, like block 500500 with reward 12.5 BTC and 9.99+ BTC of fees These areNewly Generated coinswith no previous Input and you may spend it after 101 confirmation by network. Please enter your mining address to see mining stats. Another way to retrieve workers info:https://btc.solomining.io/address.php?a=Your_Addressi.e.https://btc.solomining.io/address.php?a=36X26HY2bC2Yd18gusKwjjPPKGvmN6a2WT Please enter your mining address to see found blocks and reward. Another way to retrieve blocks info:https://btc.solomining.io/blocks.php?a=Your_Addressi.e.https://btc.solomining.io/blocks.php?a=36X26HY2bC2Yd18gusKwjjPPKGvmN6a2WT Replace address36X26HY2bC2Yd18gusKwjjPPKGvmN6a2WTwith your Bitcoin BTC address.All types of addresses are supported: Please double-check and be sure that address is valid and correct. You will receive nothing in case of an invalid address. Worker namefor an Address is optional and can be set with . or _ delimiter. Nicehashis supported for SOLO pool. Wordnicehashshould be used as a Password to use Nicehash. The pool uses VarDiff mechanism and adjusts shares difficulty automatically to an optimal value, butCustom Diffis also supported.Stringd=10000should be used as a Password, where 10000 is any diff value from a range from 2000 to 128000. Please note,regular user should not use custom difficulty, this is a special case usage option like problem equipment or kind of Stratum Proxy. Another way to retrieve pool info:https://btc.solomining.io/pool.status Full list of pool found blocks and winner (orphans included if any):https://btc.solomining.io/pool.blocks Telegram notification channel is @sha256io , English users group is @sha256ioEN , Russian users group is @sha256ioRUDiscord is also available https://discord.gg/zNuyhtb This is an anonymousBitcoin (BTC) SHA256 mining pool with 1% fee. No registration required, no email or password etc. Pool offers Instant Payout immediately when block found viaCoinbase transaction.These are Newly Generated coins with no previous input and you may spend it after 101 confirmation by network.You will get 99% of (block reward + transactions fees) to your address, no any shares calculation or complex payout schemas. Coinbase transaction- be careful to mine directly to Exchanges or Online wallets, they may not support such transactions.Mining to local wallet is the most preferred and the safest way. Pool fee address is3919a9nfJaZFidUYALj4ExV9ob2GrCjZyfYou may find here all found blocks and winner for the each transaction. Profit straight to your wallet.You can withdraw mined money every day.. Automine coins with the highest exchange rate and squeeze the most profit. Don’t wrestle with rig assembly and hot, noisy miners at home. We have the fastest bitcoin mining hardware running for you already! Help agencies to define their new business objectives and then create professional software. Help agencies to define their new business objectives and then create professional software. Its simple, add your bitcoin wallet address. Bitcoin mining starts immediately. Get your first payout within 24 hours. Once you reach a minimum threshold limit, You can receive or withdraw it instantly in your bitcoin wallet address. The withdrawal process is fast & secure. We are transparent, No any extra commission or hidden fees. Everything is visible to you. Our lower fees ensure higher-earning profit. Upgrade to premium to avoid maintenance fees. Our highly experienced technical team ensures high security. Our regular mining hardware maintenance ensures 99.99% uptime. We are the most secure and stable bitcoin mining cloud. We are using the Fastest GPU rigs & Latest ASIC miners. You get high-speed mining experience and advance technology from legitmining. Our mining data center is situated across the globe. Which ensures high-speed free bitcoin mining from any corner of the world. Legit Mining Inc is a fully automated cloud mining platform operating with no human intervention, aside from regular server maintenance conducted by our staff. Take full advantage of our fast and legit crypto coin platform. Our data centres are located on multiple locations around the world so that our system has 100% uptime guaranteed. In order to make mining as easy as it possibly can be, we have invested years developing a system that’s backed by a dedicated team of experts in the market. Legit Mining Inc isn’t a simple mining firm, it’s not a system that only works in ideal conditions. No, Legit Mining Inc is a multi-dimensional approach to mining in Cryptocurrencies that will deliver you a constant profit. The story of Legit mining started at the end of 2018.LegitMining Pool is trusted online Bitcoin Cloud Mining Company that provides Free BTC Mining/Hashing service.We developed the idea of this mining as a service and built the first mining in Europe. Ever since our founding, we have grown tremendously and also a lot has happened. We are all strong believers in the future of cryptocurrency and we love being part of the developing community. I am a technology enthusiast and have been doing internet business for more than ten years. Bitcoin is certainly a great currency and its mining is definitely profitable, Ive chosen to mine with Legit Mining and I am completely satisfied. LegitMining.website is a serious technology company that helps to mine cryptocurrencies and is engaged into the development of ICO projects. I should note the sincere approach of the company, providing professional services. I trust the whole company and wish them a great growth and success. I think LegitMining.website is one of the best pools out there as of to date Iv lost bitcoin on a few different pools but havent ever worried about losing anything on Legit Minings pool You must be logged in to upgrade your , Please start mining using your Bitcoin address. Legit mining is one of the best leading cloud mining and hashing service providers in the world, offering free bitcoin miner capacities in every range- for beginners, interested miners, in addition to large scale investors. Our process is to make acquiring digital currency easy and fast for everyone. Location : Featherstone Street LONDON EC1Y 8SY UNITED KINGDOM Copyright © 2017-2021 Legit Mining All Rights ReservedPlease turn JavaScript on and reload the page. Checking your browser before accessing mainstreamkillers.com. This process is automatic. Your browser will redirect to your requested content shortly.
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