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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 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 is the sensible thing to do if you want to earn money mining Bitcoin. The pools vary in proportion, payment procedures and penalties. 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 with any pool. .

If you want to share your experience with one of those pools above, or inform us of a new pool, then feel free to drop us a line in the comments section below.

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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 guide, 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 who are indulged in solving a block for earning bounty/reward. The reward is evenly divided among themselves according to their contributed mining hash power. Bitcoin pool is a means to mine their resources and to discuss their hashing power.

A valid evidence 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, where the miners could receive a portion of block reward and the blocks would be generated immediately. There are several Bitcoin mining pools and choosing the hottest one is quite enticing.

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China rules the world in regard to possessing the largest number of Bitcoin pools. Bitcoin pools have been ranked based on the hash electricity controlled by means of a pool. Here's a list of the Largest mining pools using their hash power based on information from Blockchains pool share chart.

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

There are a variety of mining pools for various cryptocurrencies. As the size of the pool increases, the payout decreases, as it's to be shared among many miners. There are different reward kinds that you ought to know about before mining.

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

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Pay Per Last N Stocks (PPLNS) This is much like the proportional kind but changes in rewarding each share in multiple rounds.

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

Shared Maximum Pay Per Share (SMPPS) It is comparable to pay per share but can pay you less what the swimming pool earns.

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

AntPool is the largest Bitcoin pool in regard to its hash power 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.

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Your earnings can be viewed on your dash and you can monitor your hash speed on a minute, an hour or 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% fee) or can choose between PPLNS (0% fee) and PPS (2.5% commission ). The commission charged on the transaction will be hidden and it's not disclosed by AntPool.

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