Bitcoin mining pools you can join. Use our guide to avoid scams and mine fast! What is a Mining Pool? Mining pools are groups of cooperating miners bitcoin calculator slush agree to share block rewards in proportion to their contributed mining hash power.
While mining pools are desirable to the average miner as they smooth out rewards and make them more predictable, they unfortunately concentrate power to the mining pool’s owner. Miners can, however, choose to redirect their hashing power to a different mining pool at anytime. Many only have Chinese websites and support. Mining centralization in China is one of Bitcoin’s biggest issues at the moment. There are about 20 major mining pools. The list below details the biggest Bitcoin mining pools.
It was the first Bitcoin mining pool and remains one of the most reliable and trusted pools, especially for beginners. Bixin is another mining pool that is based in China. It is a public pool, but unless you speak Chinese we do not recommend joining this pool. BTCC is a pool and also China’s third largest Bitcoin exchange. ViaBTC is a somewhat new mining pool that has been around for about one year.