Joining an Ethereum mining pool and combining your resources with other miners will help you see results faster and realize a quicker return on your investment. This post will take a look at some of the top Ethereum Mining pools in With so many mining pools at play in the market, solo miners are finding it more difficult to get blocks to process and the Ethereum mining rig that a solo-miner uses, needs to have massive processing power to be able to compete with the pools, which can be very expensive.
If you decide to join a pool, then choosing the right pool that meets your mining expectations is important, as well as understanding the different pay-out methods and how they will impact your earnings. The larger pools, that have ethereum mining pool comparison mining for longer, are more reliable and you can be more certain of receiving your profits.
To calculate your expected earnings and see the best path to choose, you can use the calculator at this link. Check out our other post on Ethereum mining calculators. The top two Ethereum mining pools are Ethpool http: The two share an underlying pool, but have different payment methods.
Ethpool is a predicable solo mining pool and pays on the PPS method, a ethereum mining pool comparison pay per share model. Ethermine has more than active workers and processes about 32 blocks an hour, while Ethpool has about active workers and ethereum mining pool comparison about 5 blocks an hour. Mining pools are not to be confused with Ethereum cloud mining where ethereum mining pool comparison full task of mining is outsourced to an organisation which supplies the hardware and running costs and pays you a dividend based on your investment.
These determine the method by which your contribution to the pool is calculated, and ultimately how much money you get. It is important that you understand the payment scheme before you get involved in a pool. Other top pools include: F2pool — Also known as Discus Fish https: Payments are also made via the PPS method and on a daily basis. The site is predominantly Chinese but has an English interface and has servers across Asia to ensure security and redundancy.
F2pool can also be used as a litecoin mining ethereum mining pool comparison. Nanopool — Next on our list is Nanopool https: Payments are made several times during the day and Nanopool has servers in Asia, Europe and America.
Nanopool also offers miners the option to mine in Ethereum Classic which is a split from the traditional Ethereum currency. Also see our article on Nanopool vs Ethpool. Miningpoolhub — Miningpoolhub https: The reward calculation is based on a transaction fee, a block finding fee and uncle rewards and incentives. Miningpoolhub also has servers across more than one continent US, Europe and Asia ensuring a redundant environment.
Dwarfpool — The last of our top performing Ethereum pools is Dwarfpool https: All these top pools offer statistical reporting and monitoring via e-mail. Cloud Mining Mining pools are not to be confused with Ethereum cloud mining where the full task of mining is outsourced to an organisation which supplies the hardware and running costs ethereum mining pool comparison pays you a dividend based on your investment.
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