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The newest pool in the lot, China established 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 thus cannot be joined.

Joining a mining pool is the logical thing to do if you want to earn money mining Bitcoin. The pools vary in size, payment procedures and fees. Bigger pools tend to be safer and provide more frequent yet smaller rewards, and vice versa. Due to this, its imperative to perform your due diligence before signing up with any pool. .

If you want to discuss your experience with one of the pools or tell us of a new pool, then 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 the following guide, we have reviewed some of the best Bitcoin mining pools that's helpful for you to get started. Lets jump right into it! .

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What is a Bitcoin mining poolBitcoin pools throughout the globeBefore getting started using 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 who are indulged in solving a cube for earning bounty/reward. The reward is evenly divided among themselves according to their own contributed mining hash power. Bitcoin pool is a way to mine their resources and to discuss their hashing power.

A valid proof of work ought to be presented in order to gain reward. Initially, generating a single block has been taking years to get lesser miners and then Bitcoin mining pool came into existence, in which the miners would receive a portion of block reward and the blocks would be generated immediately. There are several Bitcoin mining pools and choosing the most popular one is very enticing.

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China rules the world in terms of possessing the greatest number of Bitcoin pools. Bitcoin pools have been ranked depending on the hash power controlled by means of a pool. Here's a listing of the Biggest mining pools with their hash power based on information from Blockchains pool share chart.

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

You will find 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.

Score-based This technique gives prominence to the newer stocks than shares that are older and the consumer is awarded proportionally based on the time of submitting the share.

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Pay Feb Last N Stocks (PPLNS) This is much like 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 similar to pay per share but can pay you less what the swimming 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 rewards 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 operated 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 required along with mining software that can be downloaded afterwards.

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

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