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 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.
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.
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.
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.
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.
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.
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.
DPOOL is another mining pool that is based out of China. Currently, DPOOL mines nearly 4% of all the available blocks.
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.
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.
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.
BW Pool is a Bitcoin mining pool that is based out of China. It is involved in mining 5% of all the available blocks.
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.
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.
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.
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.
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.
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.
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.
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.
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.