If you’re looking for the top crypto mining pools in 2019, then you have come to the right place. Mining is an interesting prospect even when the cryptocurrency market has not grown from the last two years. Before we get started with the top 10 crypto mining pools, let’s first explain the concept of a mining pool.

 

What is a Mining Pool?

Mining pools are a collaboration between miners who work together and agree to share block rewards. The sharing is done according to each miner’s contribution and is associated with the contributor’s mining hash power.

Any individual who has a small mining setup is always advised to join a mining group as it improves their chances to make money from mining. However, in reality, only the mining strength of the owner is improved. Joining a mining pool is not the end of the world, as the miner can easily change the mining pool of their choice when they want.

The biggest concentration of miners can be found in China due to the cheap electricity available there. They control 81% of the network hash rate. The Czech Republic comes second in number with 10% of network hash rate control.

 

Top 10 Crypto Mining Pools in 2019

The only factor that determines the best mining pools is the hash rate that they produce. According to Blockchain’s pool chart, there are many top crypto mining pools. Let’s take a look at the chart below to get a clear picture.

mining pools

Source: https://www.blockchain.com

 

The above chart is shown on a timespan of 4 days. The 24 hours and 48 hours chart are significantly different, and we recommend you to check them out on their page. However, the 4-day chart provides a more accurate result.

 

Known and Unknown Mining Pools

As you can see, there are two types of mining pools, known and unknown. We will only discuss the known blocks. The unknown mining pools are the ones whose origin are not known to the tracker.

 

BTC.com

BTC.com is the largest crypto mining pool. It is owned by Bitmain which is also the largest producer of hardware crypto products. They started their operations in 2015 and quickly grabbed the attention of the miners. It comes with a native Bitcoin wallet, an active community and a forum where you can share your ideas and problems.

Fees: 1.5% to 4%.

Payment Model/Methods: Pay per Share model

 

F2P Pool

F2P Pool is also one of the biggest mining pools out there. It is located in China and started operating in 2013. Here, you can mine different cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Zcash. Moreover, it also comes with combined mining for Dogecoin, Syscoin, and Namecoin.

Fees: 4%

Payment Model/Method: Daily automatic payments and uses the PPS payment method.

 

AntPool

AntPool was founded in 2014. It is yet another mining pool that is located in China. As a miner, you can mine a lot of cryptocurrencies including BTC, LTC, ETHC, BCH, ZEC and so on. The mining pool has a strong reputation. Overall, they have a large server pool of 2000 servers. This also means that the uptime is great. They offer three types of mining contracts for the miners. Also, you can use a wide range of tools provided by them including connectivity, miner and IP configuration tools.

Fees: Not clear on their site. However, people report it to be on the higher side.

Payment Model/Methods: Four payment methods including PPS, PPS+, PPLNS, and SOLO.

 

ViaBTC

ViaBTC enables you to mine three major cryptocurrencies out there including Bitcoin, Litecoin and Bitcoin Cash. The hardware utilized by ViaBTC is Antminer S9 which gives them the necessary computational power. Until now, they have mined more than 22,000 Bitcoin which is a significant number.

Fees: 4% for PPS and 2% for PPLNS payment methods.

Payment Model/Methods: Two, PPLNS and PPS.

 

Slush Pool

Slush Pool is undoubtedly one of the oldest mining pools out there. It started operating in 2010 and was founded by Satoshi Labs. It is a Czech company and is known for its TREZOR hardware wallets. Until now, they have managed to mine over 15 thousand blocks.

Fees: 2%

Payment Model/Methods: Score-based method for payment.

 

BTC.top

BTC.top is privately held, and hence there is public information about them. However, their total mining hash is amazing, and they do have a decent profit. As a miner, you need to get invited by someone else. Once done, you will be able to become part of their network. They started operating in 2016 and are improving their operations ever since.

Fees: Unknown

Payment Model/Methods: Unknown

 

Bitclub.Network

Bitclub.Network is currently sitting at 2.8% of the hash power. That’s significant, and hence we are writing about them. They are a UK based mining pool and offer an excellent way to start mining. They pay through debit card and also provide live reporting and statistics. Their mining capacity is currently situated in Iceland and also operate on renewable green energy. However, they do have a bad reputation online, so we recommend to take proper precautions before you proceed with them.

Fees: Unknown

Payment Model/Methods: Unknown

 

BitFury

BitFury is yet another private pool that is located in Georgia. BitFury is known for its mining chips and hardware, and it does make sense for them to use their own hardware to start a mining pool. Currently, they represent 2.7% of the market hash rate.

Fees: 0%

Payment Model/Methods: Unknown

 

MinerGate

MinerGate is a great place for newbies to start their mining adventures. They offer downloadable GUI miner which makes it easy for amateurs. However, that doesn’t mean seasonal miners cannot use it. Their selling point is the number of cryptocurrencies they support out of the box. You can mine Bitcoin, Bitcoin Gold, Ethereum, Ethereum Classic to name a few.

Fees: 0% to 1.5%

Payment Model/Methods: PPS/PPLNS

 

BTCC

BTCC is located in China and came into existence in 2014. Here, you can easily mine Bitcoin. They also offer Bitcoin exchange and wallets. Moreover, they offer a vibrant community and also give the miners the ability to check statistics such as hash power, etc.

Fees: 2%

Payment Model/Methods: They share the rewards equally among the miners.

 

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