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Top 20 Bitcoin Mining Pools 2019

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If you are a single Bitcoin miner, it can get quite difficult for you. But, what if you become a part of the Bitcoin mining pool?

Before we give you a look into the top 20 Bitcoin Mining Pools in 2019, let us first understand what a Bitcoin Mining Pool is.

It can be undoubtedly said that if you are a single Bitcoin miner, it can get quite difficult for you. But, what if you become a part of the Bitcoin mining pool? Through mining pools, you cooperate and concede to proportionate the block rewards depending upon the subsidized mining hash capabilities.

These mining pools can seem alluring to a typical miner as they easily unwind the rewards obtained and make them highly sure. However, they usually downsize the overall power to the owner of the global mining pool. Irrespective of all these, the miners can choose anytime to divert their hashing capability to another mining pool.

It should be kept in mind that in a mining pool, the more hashing capabilities a miner has the more probability of inclusion of a particular block and thus the amount of reward to be claimed. In determining a specific mining pool to join, the pool size, associated fees, the trustworthiness and safety, and the payout methods should be regarded primarily.

Let us have a look at the Top 20 Bitcoin Mining Pools of 2019:

 

BTC.com

 

BTC.com is an outstanding public mining pool. It is associated with the payout method of pay-per-share. Presently, it has a constant hashrate of nearly 5.88 Exahash/second. It mines about 15% of all the blocks.

https://btc.com/

 

 

Slush

 

Slush is one of the Bitcoin mining pools known to be the first one ever to be operating. It is a very famous mining pool irrespective of it not being that large. It is also the best one to be a part of and presently mines nearly 11% of the total blocks.

https://slushpool.com/home/

 

 

ViaBTC

 

ViaBTC is a new mining pool that has been functional for nearly one year now. It is best suited for the Chinese miners and is involved in mining almost 9% of all the available blocks.

https://www.viabtc.com/

 

 

Antpool

 

Based out of China, the Antpool is a famous mining pool that has its owner as Bitmain. It is known to be an excellent Bitcoin mining pool that is free of cost. It is engaged in mining nearly 25% of all the blocks.

https://www.antpool.com/

 

 

BTC.top

 

BTC.top is more of a private mining pool and thus has no scope available for joining it. The hashrate of the BTC.top mining pool is nearly 3100 Petahash per second. It has been successful in mining 7% of all the mining blocks.

https://pool.btc.com/

  

 

F2pool

 

F2Pool is a mining pool that is based out of China. This pool has been successful in mining nearly 10% of all the available blocks throughout the last six months.

https://www.f2pool.com/

 

 

BitFury

 

BitFury is another private mining pool that can be joined by the interested Bitcoin miners. BitFury is presently involved in mining nearly 3.5% of all the blocks.

https://bitfury.com/

 

 

DPOOL

 

DPOOL is another mining pool that is based out of China. Currently, DPOOL mines nearly 4% of all the available blocks.

https://www.dpool.top/

 

 

Ravencoin

 

Ravencoin is a popular Bitcoin mining pool that incorporates the X16R algorithm. This X16 algorithm is a mixture of 16 separate algorithms which are ordered according to the hash of the earlier blocks.

http://ravencoin.org/

 

 

Bitclub.Network

 

Although Bitclub.Network is one of the best and largest mining pools in the present mining market; there is something fishy about this mining pool. It is essential that you do proper research and engage in a mining pool.

http://www.bitclub.network/

 

 

Bixin

 

Bixin is a mining pool that is based out of China. Although it is a public mining pool accessible to various miners, yet it is entirely in Chinese.

https://bixin.com/

 

 

BW Pool

 

BW Pool is a Bitcoin mining pool that is based out of China. It is involved in mining 5% of all the available blocks.

https://www.bw.com/

 

 

BTCC

 

BTCC is a Bitcoin mining pool that is based out of China and is the third biggest one. This mining pool generates nearly 7% of all the blocks.

https://www.btcc.com/

 

 

Eligius

 

Eligius is a Bitcoin mining pool that is based out of the U.S and is the first one to be there. No need of doing any registration in this pool. It is quite small in size and has less than one percent of the overall network hashrate.

https://btc.com/stats/pool/Eligius

 

 

Kano CKPool

 

Kano CKPool is also known as KanoPool and offers you PPLNS payment mode at a fee of 0.9%. Although it doesn’t have so many features, it includes a two-layer authentication process for additional security.

https://btc.com/stats/pool/KanoPool

 

 

Grin Coin

 

Grin Coin has emerged to be one of the popular Bitcoin mining pools. It focuses on your privacy and is something profitable to be indulged with.

https://grin-tech.org/

 

 

Electroneum (ETN)

 

ETN is a Bitcoin mining pool that is created with a series of its blocks. It focuses on mobile games and various online markets for gambling.

https://electroneum.com/

 

 

ZENCash

 

ZENCash is a popular Bitcoin mining pool that that helps you to make use of your mined coins to produce nearly 25% ROI in the current era.

https://coinmarketcap.com/currencies/zencash/

 

 

Monero

 

Monero is the most developed privacy supportive Bitcoin mining pool. It makes use of a hashing algorithm called CryptoNight. It has a user-friendly approach, primarily when used in PCs.

https://www.getmonero.org/

 

 

Dogecoin

 

Dogecoin is another such mining pool that makes use of a hashing algorithm known as Scrypt. You can perform mining in your PC or by improving your hashing power.

https://dogecoin.com/

 

This is our list of the best 20 Bitcoin mining pools. There might be some other Bitcoin mining pools that you might be interested in. Do let us know if you have some. Ultimately, if you are willing to become a Bitcoin miner, it is suggested that you become a part of a Bitcoin mining pool. Being a part of a pool or a team, Bitcoin mining is quite rewarding.

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Alert: CME Bitcoin Futures Experiencing Record Breaking Volumes

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These days saw the highest and rapid increase ever for Bitcoin futures on the Chicago Mercantile Exchange as the amount exceeded 18,000. Institutional investors are paying attention to this as the bitcoin future contracts get snapped up at an ever-increasing rate.

 

Record of BTC Contract Size on CME:

As per the stats of CME they were 18,338 on Wednesday, which is the highest figure ever recorded till now. This is equivalent to 91,690 Bitcoins or roughly $365 million at today’s prices.

cme-futures-trading-volume

Upcoming contracts enable explorers to bet on the prices rather than to purchase the physical assets. So these figures might be a little misleading.

 

When the new product which offers the physically settled contracts hit the market, they will be paying out in BTC which will drive tremendous momentum for crypto markets. Over the past year or so the expectation of a crypto Exchange Traded Fund (ETF) being launched has been telecasted and dominated the news. The year 2018, has been the year of regulation and cooling off which was only to be expected after the previous year of rampant FOMO and parabolic market action.

 

This year 2019, is expected to be different as many industry experts predict the launch of at least one institutional investment vehicle.

 

As per the Block European exchange giant, Eurex is preparing to launch crypto and bitcoin futures so the list of institutional offerings is increasing rapidly. The cognate exchange is operated by Germany’s Deutsche Börse, which will be offering Bitcoin, Ethereum and XRP imminently according to the report.

 

Exchange traded funds are the future:

In addition to these future products, there is already one type of Exchange Traded Funds that are actually traded through an ETN (exchange-traded note) which allows investors to get direct exposure to Bitcoin prices. The Grayscale Bitcoin Trust (GBTC) crosses the technicalities of buying and storing Bitcoin but still allows investors to get into the action by buying shares that trade at around a thousandth of the price of BTC.

 

GBTC has been highly popular with over $800 million which is already invested in the Bitcoin fund.

 

Furthermore, Bitcoin is the most popular. The fund eliminates the volatility of buying and owning Bitcoin directly which is something that institutions want.

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Elon Musk: Cryptocurrency is the future, Paper Currency going to end.

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CEO of Tesla, Elon Musk, stated that the Day is not far when the paper currency will fade away and shall be replaced by the Bitcoin.

Enthusiastic towards cryptocurrency also the CEO of Tesla, Elon Musk, stated that the Day is not far when the paper currency will fade away and shall be replaced by the Bitcoin. Which clearly means Musk is in favor of the decentralized currency ( also known as cryptocurrency).

 

In one of the episodes of ‘On The Road To Full Autonomy With Elon Musk, which is hosted by Tasha Keeney, the CEO spoke and discussed the developments that Tesla shall undergo and also spoke about the cryptocurrency with regard the future of technology and finance.

 

When Elon Musk was asked regarding Jack Dorsey’s prediction, which was that the Internet shall be witnessing Bitcoin as its native currency soon, Elon Musk answered it and found it interesting.

 

He further said that the idea and also the structure of the Bitcoin is great and it seems like there is some advantage to Ethereum. Elon Musk is not sure whether it will be good for Tesla resources to get into cryptocurrency.

 

Elon Musk also said that Bitcoin and Ethereum scammers were so rampant on Twitter, he decided to join in and He said at one point that he wants to buy some Bitcoin. Then his account got suspended cause obviously there was some automatic rule, he then ended the conversation by saying that he was just joking.

 

A campaign was started by Twitter which deleted several bogus accounts for “coordinated manipulation,” and promotion of cryptocurrency scams, Elon Musk appreciated the website’s efforts.

 

Elon Musk added that the disadvantage of cryptocurrency is that the nature of production is energy intensive as regards to the mining process.

 

Keeney referenced to the terrible financial condition in Africa, where the restrictions on the currency stop the citizens from converting their currencies and forcing them to go through the US dollar. To which Musk replied that cryptocurrency is a far better way to transfer money or value rather than pieces of paper. Paper money is going away.

 

Even after Elon Musk’s positive statement on cryptocurrencies, his recognition for the structure and concept of Bitcoin and Ethereum and his confirmation that paper money will be replaced by the decentralized currency, the Tesla CEO made it clear that his company will not be selling Bitcoins.

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Tim Draper: Bitcoin Mass Adoption till 2021

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Tim Draper said in an interview with the FOX Business on 18th Day of February 2019 that the world will soon start buying coffee by using Bitcoin.

Bitcoin is considered as digital gold or e-gold which has achieved dominance in the field of cryptocurrency. Tim Draper, who is the inventor of the Billionaire Bitcoin, predicted the rapid increase in the growth of the Bitcoin or cryptocurrency in the world and said in an interview with the FOX Business on 18th Day of February 2019 that the world will soon start buying coffee by using Bitcoin. According to his prediction, the world is just 2 years away from when everybody shall start to use Bitcoin.

 

By 2023, Baristas would be laughing at people who shall make the payment of their purchase by using the currency other than the Bitcoin, Tim Draper added.

 

Even after having a large number of Bitcoins, Tim Draper has no plan to trade or sell any of his Bitcoin.

Tim Draper previously claimed and predicted that by 2022, the net value of Bitcoin will reach to $250,000 per coin. The prediction is also said to be the highest prediction coming from the industry of cryptocurrency. But Draper is still not clear on how this rapid growth will take place but he is enough confidence that there will be massive growth in cryptocurrency.

 

Recently the CEO of Twitter, Jack Dorsey also publicized Bitcoin.

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