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Frequently Asked Questions

What is a mining pool?

This is not true! Mining pools are for people who have mining hardware to split profits. Many people get mining pools confused with cloud mining. Cloud mining is where you pay a service provider to miner for you and you get the rewards.

What is the best mining pool to join?

BTC.com is a public mining pool that can be joined and mines about 9% of all blocks. We strongly recommend joining Slush Pool or Poolin instead. 7. Huobi.pool Huobi.pool is a Chinese based mining pool accounting for 2% of all mining.

What is Bitfury mining pool?

According to BlockTrail, Bitfury is the third largest Bitcoin mining pool and mines about 11% of all blocks. The main difference between the Bitfury pool and other mining pools is that Bitfury is a private pool.

What is the largest bitcoin mining pool?

Despite recent controversy, Antpool remains the largest Bitcoin mining pool in terms of its Bitcoin network hash rate. Antpool holds roughly 15% of the total hash rate of all Bitcoin mining pools. About Antpool. Antpool mined its first block in March 2014, meaning that it emerged roughly four years after the first mining pool; Slushpool.