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    10 Best and Biggest Bitcoin Mining Pools 2018 (Comparison)

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    7 minutes, 15 seconds

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    Bitcoin ✓ Mining

    Summary:    

    • Antpool has refused to enable arguably beneficial upgrades to Bitcoin for reasons based on claims that have been largely disproved.
    • Fury is fundamentally committed to being a responsible player in the Bitcoin community and we want to work with all integrated partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together.
    • Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading.

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    acquisition Bitcoin Worldwide English Русский Français Português Español Buy Bitcoin Buy Bitcoin with Credit Card Buy Bitcoin with Pay . What is a Mining Pool ? Mining pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hash power . Miners can , however , choose to redirect their hashing power to a different mining pool at anytime . Many only have Chinese websites and support . There are about twenty major mining pools . It was the first Bitcoin mining " Piscine " ( french for ' pool ' ) and "Rimane" (italian for 'remains') one of the most reliable and trusted pools , especially for beginners . one is a public mining pool that can be joined . However , we strongly recommend joining Slush Pool instead . two Antpool Antpool is a mining pool based in China and owned by Bit . Main . Antpool mines about 25 % of all blocks . three Slush Slush was the first mining pool and currently mines about 3 % of all blocks . Slush is probably one of the Best and most popular " Wyszukiwania " ( polish for ' mining ' ) pools despite not "Blir" (norwegian for 'being') one of the largest . 5 . Bitclub Network is a large mining pool but appears to be somewhat shady . We recommend staying away from this pool . 8 . Its mining pool currently mines about 7 % of all blocks . 9 . Bitfury Bitfury is a private pool that can not be joined . Bitfury currently mines about 2 % of all blocks . 10 . It currently mines about 2 % of all blocks . Bitcoin Mining Pool Comparison Pool . " Расположение " ( russian for ' Location ' ) . Fees . Private Pool . Bit . Fury . The location of a pool "No" (spanish for 'does') not matter all that much . Get a Bitcoin Wallet and Mining Software Before you join a mining pool you will also need Bitcoin mining software and a Bitcoin wallet . Mining Pools vs Cloud Mining Many people read about mining pools and think it is just a group that pays out free bitcoins . This is not true ! Mining pools are for people who have mining hardware to split profits . Many people get mining pools confused with cloud mining . Cloud mining is where you pay a service provider to miner for you and you "取得" (japanese for 'get') the rewards . Just Want Bitcoins ? Which Countries Mine the most Bitcoins ? Bitcoin mining tends to gravitate towards countries with cheap electricity . As Bitcoin mining is somewhat centralized , 10 - 15 mining companies have claimed the vast majority of network hash power . With many of these companies in the same country , only a number of countries mine and export a significant " Beløpet " ( norwegian for ' amount ' ) of bitcoins . Georgia Georgia is home to Bit . Fury , one of the largest producers of Bitcoin mining hardware and chips . Bit . Fury currently "鉱山" (japanese for 'mines') about 15 % of all bitcoins . Miner , a Bitcoin mining company based in Stockholm . Other Countries The countries above mine about 80 % of all bitcoins . The Biggest Mining Pools . Best Bitcoin Mining Pool Comparison . Mining Pools vs Cloud Mining . There are a few cases , like with Bit . Bitcoin miners can switch mining pools easily by routing their hash power to a different pool , so the market share of pools is constantly changing . To make the list of top 10 miners , we looked at blocks found over the past 6 months using data from Block . Trail . The size of mining pools is constantly changing . We will do our Best to keep this posted up - to - date . Why are Miners Important ? Bitcoin miners are crucial to Bitcoin and its security . Without miners , Bitcoin would be vulnerable and easy to attack . However , miners are responsible for the creation of all new bitcoins and a fascinating part of the Bitcoin ecosystem . Mining , once done on the average home computer , is now mostly done in large , specialized warehouses with massive amounts of mining hardware . These warehouses usually direct their hashing power towards mining pools . Antpool Review Despite recent controversy , Antpool remains the largest Bitcoin mining pool in terms of its Bitcoin network hash rate . Antpool holds roughly 15 % of the total hash rate of all Bitcoin mining pools . About Antpool Antpool mined its first block in March 2014 , meaning that it emerged roughly four years after the first mining pool ; Slushpool . How to Join Antpool The pool is free to join and the process is simple . First , you need to acquire Bitcoin mining hardware . Then you need to download mining software . If you need help deciding , I suggest you take a look at our hardware and software guides . So make sure to make the right choice in order to optimize your rewards . Finally , sign up at to get started . Antpool claims that it does not charge any fees for using its pool . Although there is some truth to this claim , it is not 100 % correct . While Antpool does not directly charge fees , it also does not disclose the Bitcoin transaction fees that are collected . Basically , clients are left in the dark . Lately , however , Bitcoin transaction fees have been rising and an additional 1 - 2 bitcoins are collected per block by pools . At this time , Antpool keeps 1 - 2 bitcoins form transaction fees for itself , which are not shared with miners who have hash power pointed toward the pool . It can be argued that these rates prevent the service from being usable for small - time and big - volume users . Consequently , some users on heed that the undisclosed fees make the service unwise to use for the time being . What is the Payout Threshold ? Solo mining means you mine for bitcoins without joining a pool . So if you use Antpool you are not solo mining by default . Generally , you will receive more frequent payouts by joining a pool . What is the Controversy around Antpool ? Antpool has refused to enable arguably beneficial upgrades to Bitcoin for reasons based on claims that have been largely disproved . Notably , this has taken place with somewhat of a vindictive attitude . Despite the fact that most Bitcoin users want this feature activated , Antpool , among other pools , appears to be blocking this feature . Antpool claims that it will only signal for Segwit if there is a hardfork , which is a proposition that most users oppose . Furthermore , allegations that the owner refuses to sell hardware to Segwit supporters have also begun to circulate . If you wish to decide which implementation your hardware should signal for , you can use a pool that leaves the choice to its users , like the Slush mining pool . Bitfury Information According to Block . Trail , Bitfury is the third largest Bitcoin mining pool and mines about 11 % of all blocks . The main difference between the Bitfury pool and other mining pools is that Bitfury is a private pool . Bitfury , the company , makes its own mining hardware and runs its own pool . So , unlike Slush or Antpool , Bitfury can not be joined if you run mining hardware at home . Fury is fundamentally committed to being a responsible player in the Bitcoin community and we want to work with all integrated partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together . The company also runs a Bitcoin exchange , wallet , prints physical bitcoins and more ! How to Join and Use Slush Pool Slush Pool is easy to join . First , register an account . Enter your Bitcoin wallet address that will receive the payouts . This will maximize your mining profits . Slush Pool charges 2 % of all payouts . This may seem like a lot but unlike other pools it shares the transaction fees with its miners . Satoshi Labs Satoshi Labs runs Slush Pool . Ethereum Mining Pool Many people want to use the pools above for Ethereum too . But , most of the pools listed above are only for Bitcoin mining . Litecoin Mining Pool Like Ethereum , none of the pools above support litecoin . But most likely you will have to pay income tax on income from mining pools just like you would for any other type of income . Buy Bitcoin Worldwide is for educational purposes only . Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices . Buy Bitcoin Worldwide , nor any of its owners , employees or agents , are licensed broker - dealers , investment advisors , or hold any relevant distinction or title with respect to investing . Buy Bitcoin Worldwide does not promote , facilitate or engage in futures , options contracts or any other form of derivatives trading . Buy Bitcoin Worldwide does not offer legal advice . Any such advice should be sought independently of visiting Buy Bitcoin Worldwide . Only a legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect to the contents of its website . Buy Bitcoin Worldwide receives compensation with respect to its referrals for out - bound crypto exchanges and crypto wallet websites .
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    10 Best and Biggest Bitcoin Mining Pools 2018 (Comparison)
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