The last one is a leading Bitcoin hardware producer which has opened its mining facilities in China and now mines 11% of all blocks. Website: Supported coins: BTC, BCH, LTC, ETH, ETC, ZAC, DASH, SCC, XMC, BTM Fees: PPLNS with 0% fee, PPS+ with 2.5% and Solo – 1% Demo account: no Mobile app: yes Features:ĪntPool is the second largest pool for mining coins operated by Bitmain Technologies company. Now it is time to look closer at the leading mining pools and find out what makes them so great for users. Each of these countries has at least one reputable mining company which can serve as a pool for miners. Other huge producers of hashing power are Georgia, Iceland, the US, the Czech Republic, and others. However, they can be accessed from any corner of the world since servers for mining are spread on all continents. Consequently, most of the best and largest pools for mining coins are located in China. The reason for that is cheap electricity, first of all, since you can get enough hashing power only if the facility used is powerful enough and is connected to electricity. Nowadays, there are over 20 BitCoin mining pools operating on the planet, but the most interesting fact that 81% of the total amount of Bitcoin mined is done in China. However, there are pools, where funds are processed directly to the wallets of miners on request. In fact, there are several payout schemes used by pools nowadays, but most of them are usually made based on shares used by miners. The main question asked by novice pool miners is how to get paid for this job. Every work performed is paid, but miners usually get cryptocurrency for it instead of blocks or their pieces. To be able to do that, it is necessary to create a wallet to get payments and obtain BitCoin mining software. To start mining in the pool, a person should select one, join it and ask for an assignment. Rewarding participants in proportion to the contribution made.Recording the amount of work done of every participant.Taking hashes provided by pool members.Mining pools perform roles of a coordinator since their main tasks and activities look as follows: Every mining pool has an owner whose power is concentrated on getting a certain block while other miners increase this power adding their own resources to this protocol and help this pool owner to achieve the goal. A BitCoin mining pool is a protocol accessed by a group of miners who put their effort simultaneously to find a block and then share reward among all the participants in accordance with the hashing power contributed.
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