Mining pools for cryptocurrency are server-hosted teams of miners who donate their computing power to unlocking transactions. When a pool successfully decrypts a cryptocurrency transfer, each member receives a cut according to the level of computational power they provide.
Some Android cryptocurrency mining applications require you to establish a cryptocurrency pool. There is no comprehensive ranking of the best; however, here are a few reliable mining pools with low costs and simple sign-up:
1. AntPool
Antpool is a crypto mining pool that manages a network of miners who have chosen to contribute their hashing power to a common course – that is finding a new block. Antpool is owned by Bitmain Technology LTD, a leading crypto mining hardware company based in China.
2. Slush Pool
Slush Pool is a cryptocurrency mining software product that enables you to join a lucrative Bitcoin mining pool. You can mine for the most well-known cryptocurrency, Bitcoin, as well as the popular Zcash coin for a more diverse coin portfolio.
3. BTC.com
BTC.com is a cryptocurrency wallet for Bitcoin & Bitcoin Cash whereby users can send, receive, and store funds securely. The BTC.com wallet is backed by the world’s leading bitcoin mining manufacturer, Bitmain Technologies. The BTC.com brand offers a wallet, mining pool, and API for bitcoin and Bitcoin Cash.
4. Kano
KanoPool is a Bitcoin mining pool that uses the PPLNS and Solo payout methods. KanoPool is the best mining pool for Bitcoin
When you are about to join a pool, you should consider size, which determines how frequently you’re paid (larger pools pay more regularly); charges vary from 0% to 3%, and payout type.
Pay-per-share (PPS) pools, for instance, pay a certain amount each time a share of the present cryptographic block is delivered. In contrast, score-based collections offer several shares adjusted by the published percentage’s timing.