Review and compare features of the best Bitcoin Mining Pools to help you get the right one as per your need.

Here is a quick list of the best bitcoin mining pools available in the market:

1. Slush Pool – Best for ASIC miners with high hash rates, free mining with Braiins OS+.
2. F2Pool – Best for merged mining 4 cryptos. High-hash-rate ASIC miners; free coins earned while mining bitcoin.
3. AntPool – Best for remote management of mining activity and customized low threshold payouts.
4. Binance Pool – Best for reinvesting mining incomes to boost Your Mining and Maximize Revenue
5. ViaBTC – Best for hash rate trading, loans, and trading crypto.
6. BTC.com – Best for Bitcoin and Bitcoin cash mining.
7. Poolin – Best for diversified payment modes.
8. ECOS – Best for Its operating system, which works with legal status.
9. Genesis Mining – Best for beginners who need not own mining hardware.

All cryptocurrency mining pools use an algorithm to distribute to and collect back mining tasks from members of the pool. By distributing mining work among its members, a pool will function in this way to simplify and expedite mining tasks.

The best Bitcoin mining pools with a variable difficult algorithm that allows more difficult tasks to be assigned to members with higher hash rates and a less difficult task for smaller miners are regarded as best. The majority of pools use this kind of algorithm.

This tutorial discusses Bitcoin mining pools, and these can be used for mining other cryptos based on the SHA-256 algorithm. All the pools on the list, though, can be used to mine a variety of other Proof of Work algorithms.

Let us begin!!

BEST Bitcoin Mining Pools

The list of best Bitcoin mining pools that is provided below has been carefully reviewed for reliability and profitability. In order to keep your cryptocurrency secure, the software apps listed in this guide adhere to the best cryptographic practices.

Slush Pool

Best for ASIC miners with high hash rates, zero cost mining with Braiins OS+.

Slush Pool is one of the oldest Zcash and biggest Bitcoin mining pools, with over 15,000 people mining Bitcoin and 760 mining Zcash on it. The business manages servers for mining pools for Bitcoin and Zcash in Europe, the USA, Canada, Singapore, Japan, and Russia. They have a proprietary program called Braiins OS+ for auto-tuning to increase mining hash rates and reduce power usage on various mining hardware.

Read Full Slush Pool Review

How to mine on Slush Pool:

• Select either Bitcoin or ZCash as the cryptocurrency you want to mine.
• Invest in the necessary mining equipment or rent hash rates for the cryptocurrency you plan to mine. Install the appropriate mining software for the purchased device.
• Head over to the Slush Pool website. Register, verify your email, and log in. To find out how to configure your miners and equipment to this pool, click on Bitcoin Mining set up or ZCash Mining set up.
• Locate the worker’s username, password, and pool address from your web account.
• Get mining and monitoring going.

F2Pool

Best for merged mining 4 cryptos. High-hash-rate ASIC miners; mining BTC while receiving free coins.

One of the first mining pools for Bitcoin and other cryptocurrencies, F2Pool was established in 2013. The pool can be used for merged mining, which is the process of mining multiple cryptocurrencies on various blockchains. Free coins can also be obtained by mining Bitcoin using a pool.

With an 18.26% share of the total Bitcoin mining hash rate, it is currently the largest Bitcoin mining pool.

Features:

How to mine Bitcoins on F2Pool:

• On the website, register an account and sign in. Create an account_name required to configure your miners to the pool.
• Using the Bitcoin wallet app of your choice, create a wallet address.
• Set payment wallet address and payout thresholds.
• Get the mining machinery you need and connect to the power. Even so, give each mining device a worker’s name and enter the mining f2pool URL found on their website.
• Start mining after saving settings.

Antpool

Best for remote management of mining activity and customized low threshold payouts.

With a 14.3% share of the Bitcoin mining hash rate, Antpool ranks as the second-largest Bitcoin mining pool. Apart from Bitcoin, you can use it to mine BCH, LTC, ETH, ETC, ZEC, DASH, and many other crypto and tokens.

Every Terra hash generates $0.3405 in daily revenue from mining bitcoins, with 0.001 BTC serving as the default minimum payment. A multi-crypto mining pool, that is.

Features:

How to mine BTC on Antpool:

• Purchase a mining rig, or hash rate.
• On the Antpool website, register an account. Using your preferred software, create a wallet address for payout.
• Enter the mining wallet address and choose BTC from the website after logging into your account. Select the mode of payment and minimum to be paid.
• As per the website’s instructions, connect and set up your mining equipment.

Binance Pool

Best for pool savers who need to reinvest their mining incomes.

Binance Pool mines various cryptocurrencies like BTC, BCH, and BSV using an auto-switching algorithm that enables switching between various mining algorithms. In addition, you can mine Binance Coin, Solana, Polkadot, Ripple, Filecoin, Cardano, Binance USD, and Ethereum. You are able to make more money with auto-switching than would be possible without it.

Users can also sell their hash rates. By depositing the pool’s income to earn interest of between 4% and 30% annually, users of pool savings can increase their income.

How to mine Bitcoin on Binance Pool:

• Make a mining account. On the mining machine’s configuration page, set the URL and worker ID. The URL can be found on the Binance website.
• Pick a payment method. Save and start mining. Monitor earnings and withdraw crypto.

ViaBTC

Best for hash rate trading, loans, and trading crypto.

With 16,400 active workers, ViaBTC is one of the top 5 largest mining pools in the world, accounting for 11.44% of the entire Bitcoin mining hash rate. It also allows people to mine Litecoin and Bitcoin Cash and over 10 other cryptos. Its mining farms cost differently depending on weather, although there also are constant yearly price options.

You can mine with ASICs, CPU, and GPUs or using cloud hash rates. A hash rate of 20422.07 PH/s places it as the fourth-largest mining pool.

How to mine Bitcoin on ViaBTC:

• Log in by creating an account on the website. Examine mining equipment, profitability, payment procedures, etc.
• Buy the necessary miners and set up the software to mine the desired cryptocurrency.
• Go back to the website and select the cryptocurrency to mine. From the dashboard, choose payment mode for each coin to mine.
• Set up your worker and lookup configuration settings from the website and configure workers and mining pool addresses on the mining machines as directed on the website.

BTC.com

Best for mining for Bitcoin and Bitcoin Cash.

The mining pool is run by Bitmain, the company behind Antminer ASICS. It offers transparent ranking statistics on which users are mining which tokens, as well as information on their power usage, hash rates, electricity costs, fee ratios, daily profits, and 24-hour returns.

How to mine Bitcoin on BTC.com:

• You can obtain a wallet address at https://pool.btc.com or from any cryptocurrency exchange or platform.
• Register, verify your email or mobile number, and log in at https://pool.btc.com. Then, choose the currency to mine, the region that is closest to you, and set up a name for your sub-account.
• Get a miner, connect it to the network, plug it in, and use the card as directed in the user manual. Download IP reporter software, connect the miner to the same network as the computer, and set up as instructed by the website. Start mining

Poolin

Best for diversified payment modes.

While users can mine 10 other cryptocurrencies, the mining pool currently has 2,358,175 workers who are all mining BTC. Additionally, it gives each miner’s price, hash rate, power consumption, 24-hour revenue, and other information, as well as a transparent miner profitability ranking.

How to mine Bitcoin on Poolin:

• Sign up for an account at www.poolin.com using email and phone and log in. Make a Bitcoin wallet address.
• At the website, make a sub-account and enter your payment information, including your address, etc.
• Connect to the pool after configuring the miner in accordance with the website’s instructions. Connect the miner to the Internet, locate the miner’s IP address using IP Scanner, log in to the miner using a PC browser, and change the miner’s configurations, including the worker name, mining address, and password.
• Start mining after saving.

Ecos

Best for operating system, which operates under legal authority.

The most reputable cloud mining company in the sector is ECOS. It was started in the Free Economic Zone in 2017. It is the first company offering cloud mining services with a legal status. Worldwide, ECOS has more than 100,000 users. It is the first cryptocurrency investment platform with a full range of tools and products for digital assets.

Key Specs:

• Found year: 2017
• Supported coins: Litecoin, Bitcoin Cash, Ripple, Ethereum, and Bitcoin.
• Minimum Investment: $150
• Minimum Payouts: 0.001 BTC.
• Payout Frequency: Daily
• Price: Plan starting at $0.75 TH/S per month.
• Fraud risk: Low

Genesis Mining

Best for beginners who do need not own mining hardware.

Genesis Mining is a cloud mining provider that also lets you mine alternative cryptocurrencies in addition to bitcoin. It has its mining machines hosted on the cloud and therefore sells mining packages at a defined price for each supported crypto.

All you need to do to begin mining is go to the website, sign up, and select and pay for the package. Benefits include a 100% uptime guarantee, the best electricity rates, and the ability to increase profitability without having to deal with loud noises, excessive machine heating, complicated setups, machine, or software maintenance.

How to mine Bitcoins at Genesis Mining:

• Register for an account on the website and log in.
• Decide on a mining package. Pay for the package.
• Begin mining, then cash out your profits.

What is a Mining Pool?

A mining pool is a collection of miners who work together and agree to split block rewards based on the hash power they each contribute.

Despite the fact that mining pools make rewards more predictable and rounded for the average miner, they unfortunately concentrate power in the hands of the mining pool’s owner.

Miners can, however, choose to redirect their hashing power to a different mining pool at anytime.

Finding a good mining pool is important because it’s going to save you money.

How to Choose the Best BTC Mining Pool?

Here are some basic aspects being considered while choosing a mining pool:

• Reputation: You should join the group to hear what others have to say about pool. You can get useful information from miners who have used the pool by doing this.
• Pool Fee: You should choose a trustworthy pool that offers the best payout and most affordable costs. You can try BTC pools for free if you’re a beginner.
• Uptime Efficiency: Prior to joining any pool, you must conduct some research. Having an uptime of at least 99.5% is a good thing.
• Location: Finding a mining pool that is active on a server close to you is always a good idea. If your computer responds to the pool server slowly, you risk losing valuable shares.
• Support and Feedback: Your chosen mining pool should provide support when you encounter any issue in mining or variation in your payout.
• UI Panel: When selecting the pool, you should look at their statistics page and API tools to see if they offer a positive user experience.

What Are Mining Pools Reward Methods?

It can be difficult to figure out your share of the Bitcoin mine. Here are some of the methods that can make this calculation easy:

• PPS: When a miner solves a share, the pay per share approach guarantees an instant payout. The person operating pool may be exposed to risk using this method.
• PROP: This is a proportional approach that offers a distribution of the reward when a block is found amongst all workers.
• PPLNS: Similar to the proportional method is the Pay Per Last N Shares (PPLN) strategy. The only novel element here is that the calculation takes into account the most recent shares.
• SMPPS: A similar methodology to PPS is used by SMPPS, or Shared Maximum Pay Per Share, but this approach does not pay earnings that exceed Bitcoin mining pools.
• ESMPPS: The mining pool’s miners receive equal payments when using the Equalized Shared Maximum Pay Per Share method.
• RSMPPS: The Recent Shared Maximum Pay Per Share method prioritizes the most recent person mining the Bitcoin first.
• CPPSRB: Capped Pay Per Share with Recent Backpay uses the MPPS (Maximum Pay Per Share) system to pay miners with the money they earn from discovering blocks.
• BPM: Older shares from the beginning of the mining block are given less priority than more recent shares under the Bitcoin pooled mining system. As a result, it will be harder to switch pools and manipulate the mining pool system.
• SCORE: This strategy makes use of a system where a proportionate reward is distributed and weighed according to the completed work and time.
• ELIGIUS: In order to earn shares and receive immediate payouts, it is a mining pool that uses PPS and BPM.
• Triplemining: Utilizing generated Bitcoins, triple mining increases the founder’s pool jackpot. Unlike other Bitcoin mining pools, it enables faster share growth.

Read More: PPS Vs FPPS Vs PPLNS Vs PPS+: Which Mining Pool Payout Is Better

What Are Pros and Cons of Mining Pools?

Here are pros of mining pools:

• You get more consistent payouts from it.
• You require minimum Internet speed to the pool server
• Pools enable you to quickly check the status of miners.
• Pooled mining requires a minimal setup.
• Each day, miners will be paid.

Here are the cons of the mining pool:

• You get a smaller payout and are charged fees.
• You may need to depend on a third-party system to earn your money, and your miners may be idling due to a website down issue.
• Miners are responsible for your own software side or server-side security.

Conclusion: Choose a Right Bitcoin Mining Pool

The best mining pools for Bitcoin are those that support multiple cryptocurrencies and have auto-switching algorithms. Additionally, you should look into the payment options. The majority of the pools on this list let you select from a variety of options.

1. Slush Pool – Best for ASIC miners with high hash rates, free mining with Braiins OS+.
2. F2Pool – Best for merged mining 4 cryptos. High-hash-rate ASIC miners; free coins earned while mining bitcoin.
3. AntPool – Best for remote management of mining activity and customized low threshold payouts.
4. Binance Pool – Best for reinvesting mining incomes to boost Your Mining and Maximize Revenue
5. ViaBTC – Best for hash rate trading, loans, and trading crypto.
6. BTC.com – Best for Bitcoin and Bitcoin cash mining.
7. Poolin – Best for diversified payment modes.
8. ECOS – Best for Its operating system, which works with legal status.
9. Genesis Mining – Best for beginners who need not own mining hardware.

The lowest possible fees are another crucial factor to take into account. The possibility of zero-fee mining with Slush Pool’s proprietary Braiins OS software should be taken into consideration.

None of the options on the list support Bitcoin smartphone mining, despite the fact that the majority of them support connecting CPU, GPU, ASICs, or rented hash rates.

Joining mining pools like Kano Pools that favor ASICs makes it more difficult for you to win shares if you are using a CPU or GPU because they prioritize ASICs. Other crypto pools have variable difficulty algorithms for assigning difficult tasks to stronger individual miners and less difficult ones to weaker miners. This offers a reasonable opportunity to be rewarded in the mining pool.

Bitcoin Mining Pool FAQs