Well, who has not heard of bitcoins now? This topic has become so popular that today almost every day there are some courses, forums, exhibitions and webinars about it. Everyone wants to find a cool ASIC and determine the best mining pool. All these are real tasks, although not too simple.
Currency
Before moving on to the pools, it’s important to identify all terms that relate to this topic. So, bitcoin is represented by a system that will help you make money of the future. The last concept is cryptocurrency, which is not even ten years old.
Bitcoin is believed to have many of its advantages relative to conventional finances. Firstly, the system works without the intervention of banks, and secondly, the rate has been growing steadily almost all the time. Thirdly, all this can be done both by oneself and in the pool.
Production
Earnings cryptocurrency is called mining. Such production is accessible to everyone and is not limited by law. The main thing is the availability of the necessary equipment. Previously, a good PC with a video card was enough for mining.
Now this is not enough, since resources are growing, as is the development of the currency itself. From here came the appearance of Asiks, whose cost, far from everyone can afford. But you can do without them.
Pools
So, the best mining pool you need to look for when you understand in general what it is and what its tasks are. Conventionally, we have before us a platform where you can, together with a couple of colleagues, earn bitcoins. It's no secret that self-mining requires serious equipment, certain knowledge and a lot of money for a starting investment.
Pools can have many members. The best mining pools have the highest performance and speed. You can even generate another cryptocurrency in them.
Principle of operation
So, we have a special server that distributes tasks between the other participants. If one of them hits the target, then a block is formed, and all team members receive their earnings.
As practice shows, 99% of those who undertake this business work with pools. This is because the more participants, the greater the chance to find a block of transactions, and accordingly get a currency, even if divided by all. Alone, this process takes much more time.
One of the requirements of such a server is a capacity that does not exceed 51% of the resources of the entire network. If this indicator is greater, then the participants will have to leave the pool.
The choice
Before you find the best pool for mining, you need to understand the principle of its choice. You will have to carefully study all the parameters in order to understand what to expect from the resource. But even if you find a pool with the best parameters, this does not mean that it will become your choice. It is important to pay attention to its stability, performance and the number of positive reviews.
As a result, your choice should be based on three bases:
- Sentence.
- Distribution.
- Pay.
Sentence
You need to understand that you can offer a pool. Therefore, first we look at the required parameters of the PC. Its performance is extremely important as a whole for mining, and for similar individual systems.
Power should stretch all processes and be suitable for mining. As you know, the whole process is largely based on video cards. Systems should consist of compatible graphics accelerators. If your video card is outdated or does not meet the declared parameters, then your contribution will be small, as well as profit from it.
Distribution
Next, you need to pay attention to the principles of distribution of production among all team members. Best when it is equal. Then, regardless of your contribution, you will receive profit on an equal basis with the rest.
But, exploring the best pools for mining, this is rare. More often, pools are configured for a proportional distribution of income. In addition, there is its own rating system. All of this is important to study carefully to understand what prospects await you.
Pay
Everything is more or less clear here. The payout may be one or more. There are options to get it in btc, but there is a setting for electronic payment systems and even bank cards. Therefore, in this case, there are practically no problems. Choose what suits you best.
Details
Continuing this topic, you need to understand one more thing. If your card is outdated for mining, and you have to spend a lot of money on buying an expensive model, then connecting to the pool may not pay off. It is also important to include the payment for electricity.
Mining takes huge resources, so you need to either look for a way out or completely abandon this idea. Some are mining at night when more economical electricity tariffs are in effect.
If the above problems are waiting for you before an independent pool, then it is also better to abandon such an undertaking. With individual mining, earnings are low. Most of it will go to pay for electricity, and even immediately invest in an expensive graphics card.
Chinese members
It so happened that choosing the best pool for mining lightcoins or other cryptocurrencies is not an easy task. This is due to the fact that the situation is changing quite quickly, and therefore leaders can become outsiders.
The F2Pool pool is sometimes called Discus Fish. He comes from China. The average hash rate is 20%. They founded the resource back in 2013, so he has more than enough experience. There are PPS payments with a commission of 4%. For those who are behind the firewall, a special protocol is included. The standard connection port is 3333.
This pool easily handles mining of lightcoins. All the time he advises to quickly withdraw funds, since he can write off part of the donations without warning.
AntPool also belongs to the leaders and often takes first place in the list. Now it has about 18% hashrate. The award is awarded to PPLNS without commission. There is a PPS system that selects 2.5%.
There are many interesting services for users. You can try your luck at solo mining or support the decentralization of the network.
BTC China is another leader who has made the list of the best in China and the world. He received 12% of the capacity and belongs to a major Chinese exchange. Due to this, it can provide additional services such as transactions without involving third-party resources.
Zcash
Another cryptocurrency that works with source code and provides privacy. Like Bitcoin, this currency has a limit of 21 million units. On average, a block is formed in 2-3 minutes.
The best pools for mining Zcash are enough. The most effective among all were Flypool and Suprnova.
The first option has servers in America, Europe and China. The hash rate is 60 MH / s. Collects service 1%, pays in PPLNS. In addition, it provides anonymous mining, quick payouts and detailed statistics.
The second service is in America, Europe, Asia and China. Also collects 1%. It pays out under the PPLNS scheme, and the hash rate is 7 MH / s. Among the services there is everything you need for a beginner miner.
Dash
This is a payment system, which became known about three years ago. It aims at transaction anonymity. The mechanism itself is called Darksend. In addition, it is equipped with decentralized management. At the moment, it is in sixth place in the list of capitalized cryptocurrencies.
Finding the best pools for mining Dash was not so simple. Universal services that work with other resources are best suited for this. The best among them was Minergate.
This is a large service with great power. He has a low commission - only 1-1.5%. There are all standard settings and management programs. The interface is simple and does not require additional training. There is a quick monitoring of the mining of all cryptocurrencies. Extraction can be displayed on a cryptocurrency exchange or wallet.
Ethereum
You might want to find the best pool for ether mining. This is another cryptocurrency, which is more correctly called Ethereum. This platform was introduced to generate decentralized blockchain-based online services. Launched it in 2015.
As practice shows, for mining this cryptocurrency it is enough to have a video card 2-3 years old. For example, the GTX 970 from Nvidia is quite suitable for this business. Although it is important to understand that speed will also depend on the model. Examine the opinions of those who have already tried this, and compare performance indicators.
The best mining pool for Etherium is ethermine.org. It was launched in early 2016, and it greatly simplified the earnings of this currency. On the site you need to install a special miner for the corresponding operating system. It makes it possible to directly use this pool.
conclusions
Of course, it is important to understand that if you decide to get involved in this topic, you will have to learn a lot first. In principle, there is nothing intricate in mining. It is important to understand its objectives and capabilities.
The same thing happens with the pool. Such conditional communities help beginners and those who want to earn extra money. Unfortunately, you should not rely on the main income in this way for now. It is likely that your system will not cope with capacity.
If you understand your real prospects, you can safely choose a pool to your liking. The above variations are far from all. The list of all resources is difficult to create, since it is updated almost every day.
There are already more experienced pools that are more trusted. But be prepared for what you will need to do your part and periodically donate income.