What is Crypto Mining Pool?
Crypto Mining Pool is a pooled group of cryptocurrency miners that pool computing resources over a network. Mining results will be divided according to the proportion of each miner's power and processing.
Even though there are many crypto mining pools available out there to mine cryptocurrency, after we have selected and reviewed there are only 5 crypto mining pools that are the best and most trusted in terms of reward payments, network stability and security from hacker attacks.
How Miner Pools Work
The way a mining pool works is actually the same as mining crypto in general, which is different from mining pools, mining is done in groups. Each player will contribute process power to solve the block, if successful they will get a reward in the form of cryptocurrency. The returns will be divided equally for each miner who contributes according to the proportion of processing power for crypto mining.
There are also mining pools that require proof of work for crypto miners to be able to receive returns.
Mining in groups can be done by using a special device or joining a group of miners where there will be many miners and existing devices will be combined to increase their hashing results.
For example, in one pool install six mining devices, now each of them offers 335 MH/s, this can generate 2 gigahashes cumulative of mining power, which in turn can make the hash function process faster.
5 Best Crypto Mining Pools for Mining Multicrypto
1. Antpool
Currently Antpool is the largest mining pool in the world, this mining pool has contributed a quarter of global Hash Power. Antpool belongs to Bitmain which also owns Antminer. For the convenience of mining, Antpool offers FPS, PPS +, PPLNS, SOLO
Joining Antpool miners can mine about 11% of all existing blocks. For more information, please visit the website directly: Antpool.com
2. F2Pool
F2Pool has been in operation since 2013. Servers are available in Hong Kong and the United States. Currently, F2Pool contributes 5.5 percent of Hash power from all Bitcoin mining.
F2Pool supports us to be able to mine more than 40 crypto, other benefits for every 1 BTC miner will get 5 NMC, 100 SYS, 1 EMC.
Mining Rewards
F2Pool determines mining rewards based on PPS+ (Pay Per Share+) calculations and each player's reward will be subject to a commission fee of 2.5%, The minimum withdrawal amount is 0.005 BTC.
For more information, please visit the site: F2Pool
3. BTC.com
BTC.com is the most popular mining pool company founded in 2016. run by Bitmain, creator of Antpool and Antminer ASICS. This Mining Pool has contributed 20 percent of global Hash power which has servers in Germany and China.
The average fee is 2.71%. The reward methods provided are in the form of PPS, PPS+, FPPS, and PPLNS systems.
4. Slush Pool
Slush Pool was previously called Bitcoin Mining Pool Server. operated since 2010. Since Sept 2022 Slush Pool has changed its brand name to Brains Pool. Until now, Brains Pool has a very good reputation in terms of network stability and mining accuracy. Brains Pool has contributed 11.4% global hash power. For more detailed information, visit directly: Brainins Pool
5. Binance Pools
Binance apart from being known as a crypto exchange, they have also developed their business in crypto mining. Currently, Binance Pool is ranked fourth after F2Pool. Binance Pool contributes about 11.4% of Hash Power.
Pie Chart of the biggest Bitcoin mining pools
