Top 10 Bitcoin Mining Pools in 2024

Bitcoin mining pools are essential for miners who wish to combine their resources to improve their chances of successfully mining new blocks. This guide provides an updated overview of the top 10 Bitcoin mining pools, their specifications, comparisons, and reviews based on the latest data.

Top 10 Bitcoin Mining Pools

Here are the top 10 Bitcoin mining pools in 2024, along with their specifications and a detailed comparison table.

Detailed Comparison Table

Read more about FPPS, PPS+ and other payout methods in dedicated article

Reviews and Insights

Good

1. Foundry USA

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Foundry USA is the largest Bitcoin mining pool, with a 31.5% hash rate. It offers a zero-fee structure and uses the FPPS payout method, making it highly attractive for miners, especially those based in North America.

Good Stuff No fees Significant market share Robust infrastructure.

Bad Stuff Primarily focused on larger miners with substantial hash rates.

2. Antpool

Operated by Bitmain, Antpool offers both PPLNS and FPPS payout methods, allowing flexibility for miners. It holds a 21.3% share of the network hash rate.

• Strengths: Flexible payout options, reliable performance.
• Weaknesses: High fees for FPPS, centralization concerns due to Bitmain’s ownership.

3. ViaBTC

ViaBTC provides various payout methods, including PPS+, PPLNS, and SOLO. It accounts for 9.5% of the network hash rate and is known for its reliable payouts and user-friendly interface.

• Strengths: Reliable payouts, multiple supported cryptocurrencies.
• Weaknesses: Higher fees, occasional connectivity issues reported.

4. F2Pool

Known as DiscusFish, F2Pool supports a variety of cryptocurrencies and uses a FPPS payout scheme with a 2.5% fee. It holds a 14.8% share of the network hash rate.

• Strengths: Daily payouts, supports multiple coins, loyalty rewards.
• Weaknesses: Relatively high fees.

Good

5. Binance Pool

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Integrated with the Binance exchange, Binance Pool offers a 4% FPPS fee and supports multiple cryptocurrencies. It has an 8% share of the network hash rate.

Good Stuff Integration with Binance Strong support for various cryptocurrencies.

Bad Stuff Unnknown

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6. SpiderPool

SpiderPool uses a 2% FPPS payout method and holds a 2.4% share of the network hash rate. It provides reliable payouts and supports a global miner base.

• Strengths: Low fees, diverse cryptocurrency support.
• Weaknesses: Smaller market share, primarily focused in Russia.

7. Luxor

Luxor is a US-based mining pool known for its strong presence in North America and a 2.5% FPPS fee structure. It holds a 2.4% share of the network hash rate.

• Strengths: Focus on North American miners, robust infrastructure.
• Weaknesses: Higher fees compared to some other pools.

8. EMCD

EMCD offers competitive fees and supports multiple cryptocurrencies with a 1.5% FPPS+ payout method. It holds a 2.0% share of the network hash rate.

• Strengths: Low fees, diverse cryptocurrency support, reliable payouts.
• Weaknesses: Smaller market share, primarily focused in Russia.

9. SBI Crypto

SBI Crypto is a Japanese mining pool with a focus on reliability and security, offering FPPS and PPLNS payout schemes with low fees. It holds a 1.2% share of the network hash rate.

• Strengths: Reliable and secure, low fees.
• Weaknesses: Smaller market share.

10. Braiins Pool

Overview: Formerly known as Slush Pool, Braiins Pool is the oldest mining pool and uses a score-based payout method. It holds a 1.1% share of the network hash rate.

• Strengths: Long history, transparent fees, innovative features.
• Weaknesses: Lower hash rate compared to top competitors.

Conclusion

Selecting the right mining pool is essential for optimizing the profitability and efficiency of your mining operations. Each of the top 10 mining pools has its unique strengths and caters to different needs and preferences of miners. By understanding the various payout methods, fee structures, and special features, miners can make informed decisions that best suit their mining goals.

As the cryptocurrency industry continues to evolve, staying informed about the latest trends and developments in mining pools will help miners maximize their earnings and contribute to the security and stability of blockchain networks.