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Introduction to Bitcoin Mining
Let’s talk about ‘Top 10 Bitcoin Mining Sites’. To mine bitcoin, there is one very important question, is it profitable? The most difficult and most expensive cryptocurrency to mine is bitcoin, and this is because it has a limited supply of 21 million coins of which over 16 million have already been mined. Due to the fact that the question of profitability in Bitcoin mining always arises, there are two options for anyone who wishes to mine this cryptocurrency.
Where to Mine?
The first question is where to mine. China because of cheap electricity remains the best place to mine bitcoin, hence allowing bitcoin miners to get a huge percentage of bitcoin hash power. Other good places to mine bitcoin include Sweden, U.S, and Georgia, and choosing the best place, yields the most profit.
How to Mine?
The second question is how to mine. Do you mine solo or as a mining tool? Either of the mining methods could yield a profit, but mining in a pool (with a group of miners) is faster and easier. For this reason, the majority of bitcoin miners take part in pool mining in a pool using Cloud mining, mining in a pool is even easier. For this reason, the majority of bitcoin miners take part in pool mining and using cloud mining software, Bitcoin mining in a pool is even easier.
Cloud mining involves mining with a group of other miners, using a cloud mining service even while you are in a remote geographical location. Cloud mining removes the need for a mining hardware for a miner as one can mine on the internet through a cloud mining server.
Here is a review of the top 10 bitcoin mining sites.
Top 10 Bitcoin Mining Sites
AntPool is a Bitcoin mining pool, managed by Bitmain. It is one of the best bitcoin mining sites as Bitmain is a huge name in Bitcoin mining and are the matters of the Antminer hardware mining series. AntPool supports both stratum and p2p mining protocol, and this is just another reason why it’s one of the best available across the world. Antpool is based in China, although anyone around the world can use it. It offers daily automatic payouts and especially mines over 20% – 25% of all bitcoin blocks.
BTC.com can be joined by anybody and boasts of being the most profitable pool for miners charging 0% fees for PPS and PPLNS. This pool is a completely new and unique choice for bitcoin miners. It is characterized by a much more stable architecture, it offers much better user experience, it has much lower fees, and they have been said to have even better services as compared to a number of other bitcoin mining sites. It also offers bitcoin cash mining services, and even if you have mining hardware, you can still connect to the BTC.com pool.
BTC.TOP is a private Bitcoin mining pool and cannot be joined by everyone.It is kind of new but has an impressing hash rate of up to 1,318.26Phs. It is also one of the safest and most secure for cloud mining. So far, it has a total of 5,122 blocks, and their services are one of a kind and very exclusive.
ViaBTC was founded in May 2016, so it is not one of the older bitcoin mining sites. Although it is targeted towards miners in China, this cloud mining pool can be joined by anyone. It has a strong security, s very stable and transparent. It offers detailed data monitoring on hash rates, mines, and users with graphical demonstrations. It also charges low fees for daily maintenance and safety while offering a very big pool Hashrate for Bitcoin miners. Being a fresh one, it thrives on innovation. They insist on having a mining pool with the most advanced deployment technology available. It’s worth the try.
This is another big Bitcoin mining pool which majorly focuses on transparency, fairness, and efficiency. It is also aimed at China but is globally open for everyone. The company provides an array of Bitcoin-related services, including customizable multi-sig wallet, exchange, and BTC-mining based interest-bearing saving accounts. They have well over ten thousand Bitcoin users with accounts on their website! Although it does not have a very impressive hash rate, it has a low fee rate and pays out quickly.
Another one of the bitcoin mining sites that has a good track record is BTCC. It has been known as one that plays a leading role in the cryptocurrency ecosystem, offering bitcoin and litecoin exchanges, a mining pool, payment processing, a wallet, and so much more.
BTCC is a major mining pool, which has a Hashrate of up to 347.45Phs (Pool’s Real-time Hashrate). BTCC is also among the biggest Bitcoin exchanges in China.
This is a Chinese mining pool. It is also called “Discuss Fish” and was opened in 2013. The f2 pool also has a high hash rate. This pool was the first to back out of supporting the Bitcoin hard fork. It is a Chinese mining pool that allows users to mine BTC, LTC, ZEC and ETH and merged mine Namecoin (NMC)+Syscoin (SYS) for BTC mining and Dogecoin (DOGE) for LTC mining.
This was the very first Bitcoin mining pool, it was announced in 2010, and paved the way for other pools. Slush Pool has over 7% of the Bitcoin network hash rate and charges just 2% fees. It has a user-friendly interface and is certainly efficient.
Eligius is a U.S based Bitcoin mining pool, which was founded in 2011. It is one of the first mining pools and controls just about 1% of the hash rate power. It is also easy to join, charges no fees, and its threshold payout amount is 0.04 Bitcoin.
This is a pool where Bitcoin mining is easy, fast and free; zero mining fees. It allows a miner to mine directly to Debit Card and uses STRATUM pool mining software. BitClub also offers to give away prices to miners. It also carries out Ethereum mining.
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