Mining Pools are used to refer to a group of miners that have come together to share the reward gotten from mining at the same time contributing a certain amount of hash power. These mining pools have proved to be effective and one of the best ways for average miners to gain rewards. It would surprise crypto enthusiasts to know that China has the highest cryptocurrency mining pools in the world. They sit at the top with 81% of the total mining pools in the world, the Czech Republic follows behind with 10%, Iceland, Georgia and Japan all have 2% respectively, Russia has just 1%.
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The following are the top mining pools :
AntPool
This mining pool was created by world known mining company called Bitmain. Just within 6 months of operation, AntPool has discovered or found the maximum number of Bitcoin. It has discovered over 18% of the total Bitcoin, this makes it one of the most consistent top-ranked mining pools in the world. The mining pool has a hashrate of 3600 PH/s (Petahash per second).
BTC.com
This mining pool has been ranked as the second largest when it comes to the number of Bitcoins produced. In less than 6 months, over 16.5% of the total Bitcoin was generated by this pool. Developed and launched in 2016, the BTC.com mining pool was also created by Bitmain Technology which also created the AntPool mining pool.
It supports the FPPS (Full Pay Per Share) payout method. Most individuals have argued that this mining pool is the most beneficial to miners because it not only calculates but also adds standard to fees to block rewards, this makes the payout higher than the regular PPS payout. This mining pool has a 5.88 EH/s (Exahash per second).
BTC.TOP
This mining pool happens to be third best pool when it comes to the total number of Bitcoin's discovered. In the last 6 months, over 13% of Bitcoin has been discovered by this platform. This mining pool in August 2017 announced that it will begin mining Bitcoin Cash (BCH) in addition to Bitcoin. It has a hashrate of 3100 PH/s (Petahash per second).
ViaBTC
This mining pool is a diversified pool, it mines different kinds of cryptocurrencies including Bitcoin Cash (BCH), Litecoin, Ethereum, Zec etc. In the last 6 months, this mining pool discovered about 11.5% of the total number of Bitcoin blocks, and it maintains a hashrate of 2,772 EH/s (Exahash per second).
Slush
This is one of the oldest mining pools that have existed. This mining pool was created in 2010 and for the past one year, this pool has mined over 1 million Bitcoins. In the last six months, this pool has managed to mine 9% of total Bitcoin blocks. This pool has a hashrate of 2,342 EH/s (Exahash per second).
We can all agree that mining like the value of cryptocurrencies is dynamic, this definitely means that the total number of blocks that are discovered by a particular pool may change based on the activity of the pool and the different difficulty levels of mining.
