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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 employee of China Mobile, Jiang Zhour. The swimming 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 make money mining Bitcoin. The pools vary in proportion, payment methods and fees. Larger pools are safer and provide more frequent yet smaller rewards, and vice versa. For this reason, its imperative to perform your due diligence before signing up for any pool. .

If you want to share your experience using one of those pools above, or tell us of a new pool, don't hesitate 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 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. Lets jump right into it! .

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What is 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 cube for earning bounty/reward. The reward is equally divided among themselves according to their contributed mining hash electricity. Bitcoin pool is a way to mine their resources and to share their hashing power.

A valid evidence of work should be presented in order to gain reward. Initially, generating a single block was taking years to get slower miners and then Bitcoin mining pool came into existence, in which the miners would be given a portion of block payoff and the cubes would be generated quickly. There are various Bitcoin mining pools and choosing the most popular one is very enticing.

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China rules the world in regard to 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 Largest mining pools using their hash electricity based on information from Blockchains pool discuss chart.

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

You will find a variety of mining pools for a variety of cryptocurrencies. As the size of the pool increases, the payout decreases, as it is to be shared among many miners. There are different reward kinds that you should be aware of prior to mining.

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

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Pay Per Last N Stocks (PPLNS) This is similar to the proportional type but changes in rewarding each share in multiple rounds.

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

Shared Maximum Pay Per Share (SMPPS) It is similar to pay per share but can pay you less exactly 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 supplier whom you have to pay for mining and in turn, you get the rewards.

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

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

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