CRYPTOCURRENCY

Top 5 Crypto Mining Pools Of 2021 

Share
Crypto mining pools
Crypto mining pools provide investors with a fair opportunity to create numerous cryptocurrencies that serve as an alternative to crypto exchanges.
Share

Cryptocurrency remains a hot topic almost every year and its unprecedented popularity has already hooked millions of miners on it. Investors, traders, miners rely heavily on crypto coins like Binance Coin, Bitcoin, Litecoin, XRP, Ethereum, etc. Crypto mining pools provide these participants a fair opportunity to create numerous cryptocurrencies that serve as an alternative to crypto exchanges and trading platforms like ethereum-trader.app .

Some of the predominant crypto mining pools of 2021 are explained below:

Slush Pool

When it comes to the biggest mining pools in the cryptocurrency ecosystem, Slush Pool will always be mentioned in the list. The number of people that are currently mining Bitcoin on it has crossed the 15,000 mark, whereas, the statistics with regards to Zcash is growing consistently with over 760 miners.

The company has gained significant recognition by running servers of Zcash and the Bitcoin mining pool in a number of countries. They run successfully in countries like Canada, Russia, Singapore, Europe, The USA, and Japan. Braiins OS+ is one of the proprietary software that facilitates the highly convenient auto-tuning process. This helps significantly in maximizing the hash rates of mining and also reduces power consumption.

Below are some of the features that users can leverage on the platform:

  • The prospects of mining monitoring are highly advanced
  • Regular updates regarding crypto mining
  • Miner activity sends proactive notifications on Androids Apps and iOS
  • You can choose which cryptocurrency to mine (ZCash or Bitcoin)

F2Pool

Highly regarded as one of the oldest pools in existence founded in 2013, F2Pool is profusely utilized to mine numerous cryptocurrencies such as Bitcoin. Based in China, the concept of merged mining is incorporated in F2Pool as it enables the miners to mine multiple cryptocurrencies simultaneously.

It is done on multiple blockchains which is why the term “Merged Mining” is prevalent here. The chances of receiving free coins are also substantially higher while mining BTC in this pool. The reason that it is being hailed as the biggest mining pool of Bitcoin is that it currently has an 18.26% portion of the entire hash rate of Bitcoin mining.

Some of the essential features of this platform are:

  • Payouts are highly customized
  • Mining activity can be administered through mobile apps, androids, iOS, etc.

AntPool

It is yet another canon in the mining ecosystem that nearly has a 14.3% share of the hash rate of Bitcoin mining. BitMain is the owner of this mining pool with its roots firmly established in China. Moreover, it is undeniably the second-largest platform for Bitcoin mining where users can mine a host of cryptocurrencies. You can mine DASH, BCH, ZEC, LTC, ETC, BTC, ETH along with other cryptocurrencies and tokens. Needless to say, it is a prominent mining pool that supports the mining of more than one cryptocurrency.

Noteworthy features provided by AntPool are:

  • Users can leverage the profuse benefits of merged mining
  • Miners management is highly efficient
  • OS platforms can be monitored through several monitoring tools
  • FPPS (Full Pay Per Share), PPS (Pay Per Share)

ViaBTC

Standing toe-to-toe with some of the leading mining pools in the world, ViaBTC currently stands at the 5th position in terms of the biggest mining pools available today. It has an 11.44% share of the entire BTC hash rate and the number of active workers is nearly around 16,400 in this pool.

See Also >> Main Prediction For Cryptocurrency In 2022

Facilitating the users with the mining possibility of more than 10 cryptocurrencies, ViaBTC also enables the users to mine BTC and Litecoin. There are fluctuations in terms of the cost of mining farms that relies heavily on weather conditions, however, users can also avail of a yearly price feature that remains constant.

Some of the appealing features of ViaBTC include:

  • Highly convenient wallet of multicurrency
  • Exchange of financial decentralization
  • Hedging services are also available
  • Crypto Loans can easily be availed

BTC.com

BitMain is at the helm of this mining pool and the transparency of ranking stats is higher in this pool. This mining pool is also widely renowned for its blockchain explorer and Bitcoin wallet. The process of mining is carried out in developed countries like The United States and Germany. Considered as the mid-sized pool, BTC.com supports the mining of numerous cryptocurrencies like Ether, Bitcoin, Litecoin, etc.

Features that attract miners towards BTC.com include:

  • Profits can be distributed on multiple addresses depending on the set earning proportion
  • Prospects of multicurrency mining are higher

Next Read >> Stable Cryptocurrency Can Cushion Against Inflation Losses

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
How to Sell FTX Token - FTT
CRYPTOCURRENCY

How to Sell FTX Token – FTT

The FTX Token (FTT) has gained considerable popularity among cryptocurrency enthusiasts, especially...

Zcash
CRYPTOCURRENCY

Zcash (ZEC) Leading the Movement for Privacy-Focused Cryptocurrencies

In the fast-evolving world of cryptocurrencies, Zcash (ZEC) stands out by blending...

Cardano Improvement Proposals copy
CRYPTOCURRENCY

What are Cardano Improvement Proposals (CIPs)?

Cardano Improvement Proposals (CIPs) serve as the engine behind Cardano's constant evolution.

Yellow Card
CRYPTOCURRENCY

Yellow Card Closes $33M Series C Funding Round

Yellow Card, the largest and first licensed Stablecoin on/off ramp on the...