Best Mining Pools for 2024

 Best Mining Pools for 2024

Bitcoin mining pools are groups operated and organized by third parties to manage hashing power from miners around the world. These platforms share Bitcoin generated in proportion to the hashing power contributed to the pool.

BTC mining pools allow you to extract customized datasets from the system using API (Application Programming Interface) functionality. Many of these cryptocurrency mining pools have a dashboard that helps you view the status and temperature of your mining hardware.

Explore these exclusive legal Bitcoin mining pools! I scrutinized 26 websites and picked 88 mining pools after more than 10 hours of professional research. These well-researched options are the most profitable and trustworthy. The selected sites/apps follow the best cryptographic practices for maximum security. This reliable guide provides comprehensive pros and cons, features and pricing. Read on for a complete and insightful overview!

How to choose the best BTC mining pool?

Here are some of the basic aspects I consider when choosing a mining pool:

Reputation: You need to join the group to see what others think of the mining pool. This will provide you with useful information from miners who have tried the pool.

Pool Costs: You need a reliable mining pool with the highest expenses and lowest fees. If you are a beginner, then you can try BTC mining pools that do not charge fees.

Uptime Efficiency: Before choosing any mining pool, you must do some research. It is better to make sure that their uptime is 99.5% or higher.

Location: You should always look for mining pools that run on servers near you. If your computer takes too long to respond to the mining pool’s servers, you may lose valuable shares.

Support & Feedback: The best mining pool you choose, Bitcoin, should provide support when you experience any problems with your mining or if your expenses change.

UI Panel: When you choose a mining pool, you should check their API tools and stats page to check if they have a good user experience.

Mining PoolPayout ModelsFee
AntpoolPPS+, PPLNS0% On PPLNS, 4% on PPS+
F2poolPPS+2.5%
ViaBTCPPS, PPLNS2% On PPLNS, 4% On PPS
BinanceFPPS2.50%
Braiins PoolScore0% using Braiins OS+; otherwise2%-2.5%
Foundry USA PoolFPPSN/A
Clover Pool (formerly BTC.com)Advanced FPPS1.5%
PoolinFPPS2.5%

    1) Antpool

    I explored Antpool, which is the top Bitcoin mining pool that helps you mine and trade cryptocurrencies easily. It provides alerts via app, email, SMS and WeChat. The platform allows you to view your earnings on the dashboard. This website allows you to monitor your hash rate on a daily, hourly and minutely basis.

    Antpool Features:

    Pool Size: I have found that Antpool offers me a balanced mix of efficiency and personal miner significance, making it ideal for my collaborative yet impactful mining experience.

    BTC Mining Pool Hash Rate: 30.5EH/s – With a hash rate of 30.5 EH/s, Antpool demonstrates the power of computing for the overall security and transaction validation process of the Bitcoin network.

    Minimum Payout Threshold: 0.005 BTC – The pool maintains a minimum payout threshold of 0.005 BTC, making it easier for miners to get paid in a timely and efficient manner, and is suitable for both experienced and novice miners.

    Payout Frequency: I can rely on Antpool’s daily payouts, allowing me to access my earnings regularly and enhance my liquidity and financial planning.

    Supported Platforms: PC, Web, iOS, Android – Antpool’s versatility is demonstrated by its wide range of platform support, including PCs, web browsers, iOS, and Android. this inclusivity allows miners to seamlessly manage their operations across different devices, thus enhancing user experience and accessibility.

    Benefits

    Supports multiple earning models.

    I found it very useful, it provides SMS feature, Mail, APP, WeChat notification services to keep me updated in various ways.

    Enables you to monitor hash rate in real time.

    Disadvantages.

    I have been struggling to get used to the user interface of the tool as it is not very user-friendly.

    Pricing:

    Pool Fee: 4% for PPS+, 0% for PPLNS – Antpool utilizes a competitive fee structure, charging 4% for the Pay Per Share (PPS+) model, which ensures stable returns, and 0% for the Pay Per Last N Shares (PPLNS) model, which offers potentially higher returns for loyal miners.

    Link: https://antpool.com

    2)F2pool

    I think F2Pool is the top Bitcoin mining pool that allows you to contribute computer power to find blocks. It allows you to trade Bitcoin from iOS and Android apps. F2Pool is available in multiple languages including English, Spanish and Chinese.

    F2pool Features:

    Pool Size: Medium-Large – F2Pool operates on a fairly large scale, striking a balance between the medium and large categories to ensure reliability and efficiency for miners.

    BTC Pool Hash Rate: 25.81EH/s – With a hash rate of 25.81 EH/s, F2Pool offers great computational power, helping to increase its competitiveness and success in mining Bitcoin.

    Minimum Payout Threshold: 0.005 BTC – The payout threshold is set at 0.005 BTC, which allows miners to withdraw their earnings on a regular basis without having to wait for a larger accumulation.

    Payout Frequency: Daily – F2Pool processes payouts daily, ensuring that miners receive their Bitcoin earnings for enhanced liquidity and financial planning.

    Supported platforms: With F2Pool on PC, web, iOS and Android, this provides me with flexibility and convenience.

    Pros.

    I like that it supports over 40 digital currencies, giving me plenty of options.

    I appreciate that it offers convenient live chat support, making it easy for me to get help quickly.

    This smaller pool is protected against DDoS attacks.

    Cons

    You will have to pay a high fee to mine digital currencies.

    Pricing:

    Pool Fee: 2.5% – F2Pool charges 2.5% on mining proceeds, which is a competitive rate used to fund the pool’s ongoing operations and support services.

    Link: https: //www.f2pool.com/

    3) ViaBTC

    I analyzed ViaBTC, which is a mining pool for Bitcoin, Bitcoin Cash, and Litecoin that provides you with the real-time status of miners. The site offers various mining options and settlement methods. It has an intuitive dashboard that displays data about the mining pool hash rate and miners.

    Via BTC Features:

    Pool Size: Medium – ViaBTC strikes a balance in the size of its mining pool, providing a medium-sized community that promotes both competitive and cooperative mining dynamics.

    BTC Pool Hash Rate: 94.96EH/s – With a hash rate of 94.96EH/s, ViaBTC stands out with its robust computing power that ensures efficient and fast transaction verification.

    Minimum Payout Threshold: ≥0.001BTC – ViaBTC allows users to customize the threshold by filling in the numbers, allowing miners to gain as quickly as they like.

    Payout Frequency: It’s somewhat real-time. It helps me get my rewards whenever I want, helps me improve my cash flow and plan my finances better.

    Supported Platforms: PC, Web, iOS, Android – The versatility of the ViaBTC platform is a major advantage, available on PC, web and mobile devices (iOS and Android), ensuring that miners can manage their activity anywhere, anytime.

    Benefits

    Provides higher mining revenues.

    The reliability of the provided mining tools is a big plus for me, ensuring consistent performance.

    Offers a wide selection of cryptocurrency mining packages including Bitcoin, Litecoin, Casper.

    Offers multiple mining payment options to choose from.

    Disadvantages

    Support is only available through tickets.

    Pricing:

    Pool Fees: 4% for PPS, 2% for PPLNS Payment Options – The pool utilizes a flexible fee structure: 4% for Pay Per Share (PPS), which guarantees a steady stream of revenue, and 2% for Pay Per Last N Shares (PPLNS), which rewards long-term loyalty.

    Link: https: //www.viabtc.com/

    4) Binance

    I tested Binance and found it to be the creation of a Bitcoin wallet. It provides a platform to trade over 150 cryptocurrencies. It has an API for integrating your trading application. Binance offers many tools for online crypto trading.

    Binance Features:

    Pool Size: The large size of the mining pool guarantees a higher mining success rate Bitcoin, providing participants with more consistent payout rates.

    BTC Pool Hash Rate: With a hash rate of 23.86 EH/s, the pool has a powerful computing power that increases the efficiency and speed of mining operations.

    Active Employees: The pool has 610,999 active miners, demonstrating a strong community of miners who contribute to its high hash rate and mining success.

    Minimum Payout Threshold: I had no trouble getting rewarded because there is no minimum payout threshold for ETH mining, which provided me with a user-friendly experience.

    Payout Frequency: The pool offers daily payouts to meet the needs of miners who prefer regular, predictable income, enhanced liquidity and financial planning.

    Supported Platforms: Supporting PC, Web, iOS and Android, the pool is highly accessible, allowing miners to participate and monitor their mining activities from a variety of devices.

    Pros.

    I highly value the 24/7 support it offers as I can always ask for help.

    The platform is compatible with web, iOS, Android, and PC clients.

    Binance offers basic and advanced trading interfaces for trading.

    Your earnings will be credited on a daily basis.

    Cons

    As a beginner, I struggled with the complexity of this mining pool.

    It doesn’t support all traditional payments via credit and debit cards

    Pricing:

    Pool Fee: The 2.50% mining pool fee is a competitive rate that balances the cost of maintaining a high-quality mining service with participants’ income.

    Link: https: //pool.binance.com

    5) Braiins Pool

    During my research, I discovered that Braiins Pool is a mining pool that makes it easy for you to mine ZEC and BTC. It lets you verify your rewards with statistical evidence. Braiins Pool offers a security toolkit to ensure your data is safe in the cloud. You can play on iOS and Android.

    It is one of the largest mining pools and sends notifications if a problem is detected. It allows you to extract custom datasets from the system using API (Application Programming Interface) features.

    Braiins Pool Features:

    Pool Size: It helped me get a balanced mining ecosystem Braiins Pool Medium to Large Pool Size, which is a great option for those looking for efficiency without the drawbacks of a large pool.

    BTC Pool Hash Rate: With a strong hash rate of 12.33 EH/s, the Braiins Pool demonstrates strong mining capabilities, increasing the probability of resolving blocks and rewarding participants.

    Active Employees: With 191,725 active miners, the pool demonstrates a vibrant community of dedicated miners that contribute to the overall success and stability of the pool in a competitive mining environment.

    Minimum Payout Threshold: A low payout threshold of 0.001 BTC makes the Braiins Pool accessible to miners of all sizes, ensuring that even small-scale miners are paid in a timely manner.

    Payout Frequency: Braiins Pool’s daily payout frequency is a testament to its commitment to providing miners with regular and predictable income and enhancing the mining experience with ongoing rewards.

    Supported Platforms: Supporting PC, Web, iOS, and Android, Braiins Pool offers unrivaled accessibility, allowing miners to track their mining activity and manage their accounts from virtually anywhere.

    Pros.

    You can mine from your phone.

    I found the 24/7 customer support to be very useful as it meant I never lost support.

    Braiins Pool helps you minimize losses due to hardware failures and connectivity issues.

    It offers a VIP solution for large-scale mining operations.

    Cons

    I noticed that it doesn’t offer a wide variety of coins, which limits my options.

    It is expensive to mine digital currencies.

    Pricing:

    Pool Fees: A reasonable 2% fee will be charged for mining rewards, ensuring that Braiins Pool can maintain its robust infrastructure while providing competitive compensation for miners.

    Link: https: //braiins.com/pool

    6)Foundry USA Pool

    Foundry USA Pool is a Bitcoin mining pool launched by Digital Currency Group in 2020 and has quickly become a major player in the Bitcoin mining space.

     Best Mining Pools for 2024
     Best Mining Pools for 2024

    Key Features

    Market Share: Foundry USA Pool currently controls approximately 30% of the Bitcoin network hashrate, making it one of the largest mining pools in the world.

    Payment Model: The pool primarily uses the FPPS model, which ensures stable and consistent payments including block rewards and transaction fees.

    Security and Compliance: The Foundry has features such as KYC (Know Your Customer) compliance and SOC (Service Organization Control) certification. This focus on security helps build trust among miners.

    Analytics Tools: The platform offers advanced analytics and performance tracking tools that allow miners to effectively monitor their operations.

    The Benefits

    Stable Revenue: The FPPS model provides stable revenue.

    Has Security Measures: With security protocols and compliance standards, Foundry USA Pool prioritizes the safety of user funds.

    Cons

    Centralization Concerns: With Foundry controlling a large portion of the hash rate, there are concerns about the centralization of the Bitcoin network and the risks it could lead to associated with 51% attacks.

    Limited Cryptocurrency Support: Foundry specializes in Bitcoin mining and doesn’t offer much choice for miners interested in moving to other cryptocurrencies.

    Link: https: //www.foundryusapool.com

    7) Clover Pool (formerly BTC.com)

    Clover Pool charges a fee of only 1%, making it competitive among the major mining pools. Image from Clover Pool

    Clover Pool, formerly BTC.com, is a major player in the Bitcoin mining pool space, launched by Bitmain in 2016, it is known for its user-friendly platform and advanced analytics.

    Key Features

    Payment model: mainly uses FPPS to generate a stable income, including block rewards and transaction fees.

    Fees: 1% fee is charged.

    Multi-currency Support: Clover Pool supports mining of various cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin and Ether.

    Analytics Tools: Provides comprehensive analytics that allow users to effectively track performance metrics.

    Benefits

    Low Fees: With fees of only 1%, Clover Pool is competitive with major mining pools.

    Real-time data tracking: Advanced analytics help optimize operations and closely monitor revenue.

    Diverse Cryptocurrency Support: The ability to mine multiple cryptocurrencies increases flexibility for miners seeking to maximize profitability.

    Disadvantages

    Minimum withdrawal thresholds may apply: small-scale miners may face challenges in capturing revenue quickly.

     Link: https://pool.btc.com/

    8) Poolin

    According to my review, Poolin is a Bitcoin as well as multiple cryptocurrency mining pool that lets you invest in Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and easily ZCash.

    Poolin Features:

    Pool Size: Poolin’s extensive network ensures strong connectivity, providing miners with enhanced block discovery and the opportunity for steady gains.

    BTC Pool Hash Rate: Boasting a robust hash rate of 23.59 EH/s, Poolin, a leading force in the mining industry, promises superior transaction processing power.

    Minimum Payout Threshold: A low threshold of 0.005 BTC makes Poolin suitable for miners of all sizes, ensuring that even small players can withdraw their earnings regularly.

    Payout Frequency: Poolin’s daily payout policy emphasizes its commitment to timely rewards, providing miners with a consistent avenue for rewards. Bitcoin earnings.

    Supported Platforms: It allows me to seamlessly monitor and manage my operations thanks to Poolin’s support for PC, Web, iOS, and Android, which helps me stay on top of my mining activities wherever I am.

    Pros.

    I like the global access it provides, allowing me to manage my mining operations from anywhere.

    Provides good customer support.

    I appreciate that it offers hash rate alerts, which help me closely monitor my mining performance.

    Cons.

    This mining pool has high fees.

    Pricing:

    Pool Fee: The 2.5% FPPS fee structure strikes a balance between fairness and efficiency, ensuring that miners are rewarded commensurate with their contributions, minus a modest service fee.

    Link: https://www.poolin.com/

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    1 thought on “ Best Mining Pools for 2024”

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