Bitcoin Mining Pools Reviews Mining in a pool is the best way for small to average bitcoin miners to achieve better results. When miners combine their hash power and split the rewards, all of them will receive a constant income proportional to their hash rate. Solo miners, on the other hand, get the full block reward, but the time required for finding a block depends on their luck and it can take months or even years to mine a block successfully. Choosing the right Bitcoin mining pool will help you optimize your profitability and predict your future rewards. This page will provide you with all the necessary information to make the best choice of a Bitcoin mining pool, and you can also use the calculator to help you find out how much profit you can expect. If you have no experience, it’s easier if you choose one of the biggest mining pools, based on their hash rate distribution. Bigger pools offer stability, frequent earnings, and low limit payouts but they might charge you with a little higher fee than the smaller ones. Here is a list of the best Bitcoin mining pools with their market share, server locations, reward system(s) and their average fee: *Statistics are a rough estimate and can’t be 100% accurate. There are a few other factors that may influence your decision, so I recommend you to take everything into consideration. You can take a look at all of them in the guide – “How to choose the right mining pool”, which you can find on thehomepage. Your earnings also depend a lot on the reward systems the pools are using. You can find more information about how all of them work in the article “Mining pools reward systems”. Keep in mind that when some pools experience problems, that may cause downtime. So, better think about a second or even a third mining pool as a failover. That will give you 100% uptime if one of the pools is down. Most of the BTC mining pools require a simple registration so you can keep your workers organized and receive notifications and statistics regarding your mining. The process of registration in a mining pool is simple and easy. You need to create your desired username and then worker name for all your miners. The only requirement for user registration is an e-mail address which you can later use to receive notification about the status of your miners. If you care about privacy and don’t want to register in a pool, you can choose from the best Bitcoin mining pools list I’ve prepared, showing pools, which don’t require registration: And now what? It’s actually pretty easy – each mining gear has a software, which you connect to the pool of your choice. No registration means no private information on the website of the pool. For Bitcoin, in particular, you need to adjust the AISC’s software from your PC. There are no public websites involved here. Open your miner’s software folder and use the quickstart parameters for each pool. Copy and paste them so you avoid making mistakes. Values in the crypto world are constantly changing. This is why I have provided you with a user-friendly calculator that you can use to see how much profit you are going to make from Bitcoin mining at any given time. Enter your miner’s hash rate, power consumption, electricity cost and pool fee in the empty fields and click “calculate”. What’s even better is that you can also calculate your cloud mining profit. This is even easier, as all you need to do is just enter the hash rate and the pool’s fee. The calculations are based on the current difficulty and current market price. It’s approximate and not always 100% accurate, so make sure you keep that in mind. The software will output your daily, monthly and yearly profit. Also, you can see the approximate amount of coins you are going to mine and how much money you will spend on electricity costs. When checking your cloud mining calculations, you just have to make sure your profit outweighs the costs you’re paying for the service. Setting up your own Bitcoin mining pool could be a very lucrative undertaking. It means that you will not only be receiving a portion of the mined reward, but you could also be collecting fees from your miners. Moreover, you will also be contributing for the decentralization of the mining power within the Bitcoin network. However, I should say that setting up a pool is not very easy. It’s usually involved with a lot of resources, advanced knowledge and free time. But don’t worry, here I have provided you with a list with the minimum hardware and software requirements for running your own BTC mining pool: If you plan to start your own mining pool, and you don’t have the required hardware by hand, the best option is to rent a VPS server with the minimum requirements, where you can install the mining pool software. It’s much more reliable and you don’t have to worry about running a physical machine, about the electricity, bandwidth or about the possible downtime. It’s not a secret that China controls around 60% to 70% of the Bitcoin network’s hash power. That’s because the electricity in China is cheaper than in most countries, which allows Chinese mining farms to generate big profits. Also, there are rumors that some power companies in China direct their excess energy to Bitcoin mining farms to minimize their energy waste, thus making mining even easier and cheaper for them. I have prepared the following map of BTC mining pools distribution to imagine how exactly does it look like from a worldwide perspective: It’s not a secret that China controls from 60% to 70% of the Bitcoin network hash power. That’s because the electricity in China is cheaper than most of the other countries and that allowed Chinese mining farms to make a big profit. Also, people rumored that some power companies in China direct their excess energy to Bitcoin mining farms to minimize their energy waste. The biggest issue in the Bitcoin peer-to-peer ecosystem is the higher level of centralization which can lead to 51% attacks. This is a possible scenario, leading to major issues for the integrity of the blockchain. This would allow malicious attackers to change block transactions, double spend or even change consensus rules. Back in July 2014 one of the mining pools held more than 51% of Bitcoin’s hash rate which forced developers and pool owners to make sure that Bitcoin mining remains decentralized. The pool voluntarily committed to reduce its share of the network and said in a statement that in the future it would not reach even 40% of the total hash power. Miners should understand that centralization of the network and possible 51% attacks are not healthy for the system and lead to Bitcoin price drops and loss of confidence for the new investors. That’s why I advise you to opt out of bigger pools, if you see a potential danger to the system, and join a BTC mining pool with the lower market share if that is possible. Here is a Bitcoin mining pools comparison of the best ones at the time of writing this article, where you can see their key parameters: As you can see from the table, the top 5 pools control 70% of the network. Another interesting thing is that all of them are Chinese based. With the increasing difficulty and lowering performance of mining devices, the need for pooled mining led to the creation of the Bitcoin mining pools. In November 2010 the first Bitcoin pool known as Slushpool was announced. It was unique with its score-based reward system where older shares have a lower weight than recent shares, which reduces the cheating possibility for pool hoppers who are switching between pools within a round. To avoid centralization, other mining pools also started to operate over time with different reward systems, trying to fairly distribute the shares and rewards to miners. In the future, pool mining will still exist in some form and it will be a good option for small to average miners to earn rewards instead of waiting too long to solve a block. With consistent industry knowledge and a proven track record in implementing strategic mining pool diversification strategies, Alexander is a passionate supporter of cryptocurrency mining. He stands behind the idea of building decentralized economies to alleviate global inequality. © Copyright miningpools.com 2021. All Rights Reserved.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: “188.8.131.52”. 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.style="text-align: center;">
Supercharge your mining potential Mine Bitcoin easily on the cloud without having to buy hardware, or plug your own hardware into the world’s highest paying mining pool. We offer BTC and BCH mining. You can also choose to automatically mine the most profitable coin. Start mining immediately with our cloud mining contracts! 100% guaranteed uptime. Start mining with your own ASIC hardware and benefit from our high payouts. The Bitcoin.com mining pool has the lowest share reject rate (0.15%) weve ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. Mining.bitcoin.com has the highest payouts across the industry. Reliable and honest service. Mine Bitcoin in the cloud without buying any mining hardware. Simply choose the amount of computing power you want to mine with on our global datacenters and leave the rest to us. * Based on current mining difficulty and Bitcoin price. View historical difficulty for BCH and BTC ** Daily fee covers electricity and maintenance costs. The contract will end if the total revenue from the past 30 days is less than the total daily fee for the same period. Already have your own hardware or datacenter? Connect to our pool to maximize your profits and benefit from our monitoring features. Easily organize mining activity with your team. Track statistics like earnings, hashrate, and workers on the go.Its only allowed one free account per user. The system will invalidate if other free accounts are found. Bitcoin miner with fully automatic process Cloud mining is greatly suited for novice miners who would like to try out mining and earning cryptocurrency as well as seasoned minerswho dont want the hassle or risks of hosted or home-based mining.