Top 5 Bitcoin Mining Pools in 2024

  • Data Centers
  • 20:43 Jan 06, 2024
Top 5 Bitcoin Mining Pools in 2024

Cryptocurrency has indeed become an object of widespread interest. Its decentralized nature, potential for high profitability, and blockchain technology attract many investors and ordinary individuals looking to invest in new assets. However, it's essential to note that the virtual currency market is also associated with risks due to high volatility, legal and regulatory aspects, and complexities in understanding this new sphere.

Review of the Best Pools Available on the Market

At the end of 2017, when Bitcoin prices were at their peak, mining became one of the most popular earning methods. Miners use their computational power to verify and add new transactions. The year 2024 will be even more dynamic and competitive, so it's crucial to choose a pool in advance to stay at the top and maximize profits.

Let's explore some pools that enjoy trust worldwide.

Binance Pool

Ideal for investors looking to reinvest their mining earnings, allowing increased overall income through automatic switching between different algorithms.

Offers the ability to mine various cryptocurrencies besides Bitcoin, such as Ethereum, Cardano (ADA), Binance USD (BUSD), Solana (SOL), Polkadot (DOT), Ripple (XRP), Filecoin (FIL), Binance Coin (BNB), and others.

Features:

  • Daily payouts for miners.
  • Participation in staking and farming, enabling earnings on invested funds.
  • VIP trading on the Binance exchange with fee discounts, improved access, and other privileges.
  • Educational materials and tutorials to help master the process and optimize activities.
  • Periodic bonuses and incentives within the loyalty program.

How to Earn:

  • Create an account, check settings, including payout methods, fee settings, and other account configurations.
  • Choose and connect equipment.
  • Set up your mining machine using the URL and worker ID.
  • The company provides tools to track your activity and earnings. You can view statistics and monitor your income through the control panel.

Foundry Digital

Specifically designed for clients planning to work with high-computational-power equipment.

Currently one of the largest pools based on Bitcoin hashrate, with a 31.02% share as of 2023.

Offers various options, including cryptocurrency storage, lending, and trading.

Positive aspects of working with Foundry Digital:

  • Automatic integration with Genesis services.
  • Closed access – registration is confirmed only after individual verification.
  • Simplified system for cryptocurrency lending and exchange within the service.
  • Quality 24/7 user support.
  • Convenient payout schedule – daily during working hours in UTC.

The connection scheme to this pool is similar to other resources. However, there is a specific aspect here. Standard steps include connecting equipment to the power grid and local network, obtaining an IP address for mining installation. Subsequently, through the Sub-Accounts section, the username and password are entered in the format subaccount.workername. The maximum number of characters in workername is 50, including elements of different cases and digits. After selecting the configuration and saving the settings, you can start mining.

Antpool

One of the most powerful pools from the well-known company Bitmain Tech Ltd, accounting for over 20% of the total computational power today. Working on this service offers interesting prospects for both experienced miners and beginners. To fully appreciate the benefits of this platform, you need to carefully understand all the settings, adjust them correctly to your requirements, software, and the type of equipment used.

Conditions offered by Antpool:

  • 15 cryptocurrencies, including ETH, BTC, and several other promising digital coins.
  • Individual settings and analytics, including personal hashrate.
  • Supports various mining equipment, allowing operation not only on ASICs but also on other graphics cards.
  • Multiple payment methods with varying commission rates (up to 3% for PPS and 3-4% for PPLNS).
  • Multiple platform formats – web version and mobile application.

Notable advantages of Antpool for mining:

  • Clear and accurate display of current network information.
  • Technical stability of the platform without failures.
  • Daily profit schedule.
  • One of the oldest and largest pools in the market.
  • Prompt customer support response.
  • A wide range of cryptocurrencies available for mining, potentially expanding in the future.

F2Pool

The F2Pool platform rightfully holds one of the leading positions among all mining platforms available worldwide. The service has been actively developing since 2013 and has successfully overcome issues related to the ban on working with miners from China. In terms of BTC hashrate, F2Pool holds a stable third position with a 15% share.

Key conditions for users:

  • Choice of 38 cryptocurrencies for mining.
  • Ability to mine coins simultaneously using the same or different technologies.
  • Two of the most popular reward calculation methods today – PPS and PPS+.

Advantages highly appreciated by experienced miners using the F2Pool:

  • Variable privacy settings, allowing mining anonymously or after registration.
  • Technical stability and a long period of service operation.
  • Significant increase in mining efficiency through joint processes via automatic tools.
  • API connectivity option.
  • Multiple platform formats – web version, as well as mobile applications for different OS – Android and iOS.

While there are some technical nuances, it is advisable for mining novices to consider them. The platform does not have a Russian-language version, only English and Ukrainian. Instructions in Russian can be obtained through a Telegram bot if needed. The connection method also differs depending on the available equipment and software: ASICs require application installation, while graphics cards need to download special software from the official website.

ViaBTC

Another pool consistently ranking among the world's top leaders, operating in the market since 2016 and known for its technical stability. ViaBTC holds a solid position with a 25% share in Bitcoin, 1% in ETH and ETC, and 12% in DASH.

Conditions for miners:

  • Availability of 16 cryptocurrencies for mining.
  • Ability to work with ASIC and GPU.
  • PPS+ as one of the payment calculation methods.
  • Smart mining, allowing easy switching between cryptocurrencies with a click, typically increasing profitability by 10%.
  • Automatic exchange, a valuable addition to ViaBTC's extensive pool functionality.

Positive aspects highlighted by users of this service:

  • Stability, reliability, high security level.
  • Integration with many top cryptocurrency exchanges, providing priority and zero fees for exchanges and withdrawals.
  • Individual settings for auto payouts.
  • Lucrative referral program.
  • Accelerator option, increasing transaction speed even during network congestion.

Share to:
Related articles