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The newest pool in the lot, China based BTC.top was founded in 2017. The company was founded by a former worker of China Mobile, Jiang Zhour. The pool is medium in size at the time of writing. At the moment, BTC.top is a private mining pool and so cannot be joined.

Joining a mining pool would be the logical thing to do if you want to earn money mining Bitcoin. The pools vary in size, payment methods and penalties. Larger pools tend to be safer and provide more frequent yet smaller rewards, and vice versa. For this reason, its imperative to do your due diligence before signing up with any pool. .

If you want to discuss your experience using one of the pools or inform us of a new pool, feel free to drop us a line in the comments section below.

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've reviewed some of the very best Bitcoin mining pools that's beneficial for you to get started. Lets jump right into it! .

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What's a Bitcoin mining poolBitcoin pools across the globeBefore getting started with miningTop 11 Best Bitcoin Mining Pools 2018:1. AntPool2. Slush Pool3. F2Pool4. BTCC Pool5. Eligius6. BTC.com7. BW Pool8. Bixin9. Bitfury10. ViaBTC Pool11. CkPoolThe bottom line

Bitcoin miners are a group of miners that are indulged in solving a block for earning bounty/reward. The reward is evenly split among themselves according to their own contributed mining hash power. Bitcoin pool is a way to mine their funds and to discuss their hashing power.

A valid proof of work should be presented in order to gain reward. Initially, generating a single block has been taking years for lesser miners and then Bitcoin mining pool came into existence, where the miners could be given a portion of block reward and the basics cubes would be generated quickly. There are several Bitcoin mining pools and choosing the most popular one is very enticing.

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China rules the planet in terms of possessing the largest number of Bitcoin pools. Bitcoin pools are ranked depending on the hash electricity controlled by means of a pool. Here is a list of the Biggest mining pools with their hash electricity based on information from Blockchains pool share graph.

AntPool (25.2percent ), BTC.TOP (11.2percent ), BTC.com (10.2percent ), Bixin (8.1percent ), BTCC Pool (7.3percent ), F2Pool (5.4percent ), ViaBTC (5%), BW.COM (5%), BitClub Network (4.8percent ), Bitcoin.com (3%), SlushPool (2.6%), Unknown (2.3%), GBMiners (2%), BitFury (1.9%), CANOE (1.2%), 1Hash (1.1percent ), Telco 214 (1.1percent ), Eligius (1 percent )  BATPOOL (0.9percent ), Waterhole (0.6percent ), ConnectBTC (0.6percent ), Bitcoin India (0.2percent ), Solo CKPool (0.2percent ), BitcoinRussia (0.2percent ). .

You will find an assortment of mining pools for a variety of cryptocurrencies. Since 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 ought to know about before mining.

Score-based This method gives prominence to the newer shares than older shares and the user is given proportionally dependent on the time of submitting this share.

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Pay Per Last N Shares (PPLNS) This is similar to the proportional kind but varies in rewarding each share in multiple rounds.

Complete Pay-per-Share (FPPS) It's similar to PPS but includes dividing transaction fee among miners along with rewards. The transaction fee is distributed according to the miners hash power.

Shared Maximum pay-per Share (SMPPS) It's comparable to pay per share but will cover you less exactly what the pool earns.

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There is a difference between mining pools and cloud mining. Mining pools involve a set of miners sharing the benefits as per their share, but cloud mining involves a service provider whom you need to cover mining and in turn, you get the rewards.

AntPool is the largest Bitcoin pool in terms of its hash electricity located in China. It is run by the worlds biggest Bitcoin hardware manufacturer called Bitmain Technologies. You can create an account in AntPool without paying any fee, however a Bitcoin mining hardware is expected along with mining software that can be downloaded afterwards.

Your earnings can be considered on your dash and you can monitor your hash rate on a minute, an hour or on daily basis. .

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Creating an account in AntPool is free. Well, you are permitted to opt for peer-to-peer solo mine with your hardware  (1 percent fee) or can select between PPLNS (0% fee) and PPS (2.5% commission ). The fee charged on the transaction will be hidden and it is not revealed by AntPool.