18 Best Cryptocurrency Mining Platforms [High Performing Pool] (2022)

Cryptocurrency mining is free money, but only if you’re smart enough. You can earn by contributing to the software technology that runs the crypto blockchain!

Even your personal computer can earn some dollars while you binge-watch your favorite shows on Netflix. In this article, I’ll share various cryptocurrency mining platforms for you to make some passive income.

Mining is the lifeline of the crypto world. It validates ongoing transactions and mints new coins into circulation. In straightforward terms, a miner solves some complex Math problems to verify the transactions.

It is the process by which a miner trades his computing power and electricity for the block reward. Block reward is the incentive for the miner to help sustain the blockchain technology behind cryptocurrencies.

Simply put, blockchain is the foundation of everything crypto and the NFT universe. It’s a digital distributed ledger that holds a tamper-proof record of every entry.

The following section will discuss various advantages of crypto mining.

Benefits of Crypto Mining

If you’re a crypto-miner, then it can be a pretty good side gig. With little analysis, you can generate passive income based on your computing power without anything to do about it. Get–Set–Forget.

Next, you can be a vital part of the crypto movement, as miners are the primary contributors to making decentralized finance a reality.

Finally, you have veto power for any change in the network protocols.

Mined vs. Non-Mined Cryptocurrency

A consensus mechanism is a method to approve the transactions in a decentralized system such as a blockchain. It also assists in keeping the system secure from possible vulnerabilities such as a 51% attack.

A 51% attack is a situation where a bad actor controls more than 51% of blockchain. This majority powers the fraudster to mold the protocols as per will. A consensus mechanism keeps the power decentralized. Such a degree of decentralization demands enormous computing capabilities and work to perform a 51% attack. In the end, a scammer is prone to lose more than they’d possibly gain.

There are plenty of consensus methods like proof-of-work, proof-of-stake, proof-of-capacity, proof-of-activity.

Depending on the type of consensus mechanism, crypto coins may require mining or otherwise.

Mined Cryptocurrency

Blockchains using a proof-of-work consensus mechanism need mining.

They use miners for approving the entries (transactions). Whenever transactions go up for verification, miners start competing to solve for a 64-digit hexadecimal number.

The first one to find the solution broadcasts it to the entire network as proof-of-work. This victory bestows the reward on the winner while others wait for the next challenge.

This process repeats every time for a block worth of transactions. A block is nothing but a group of transactions totaling 1 megabyte in data.

Bitcoin and Ethereum, the two biggest cryptocurrencies, use proof-of-work along with many others. Therefore, they need mining to check double-spending.

The only drawback with the proof-of-work is the energy consumed and time taken per transaction, as all the miners except the winner end up wasting their computing power for nothing.

Non-Mined Cryptocurrency

All cryptos which don’t use proof-of-work are non-mineable such as Ripple, Cardano, etc.

They use more energy-conservative methods to validate the transactions. Proof-of-stake is one such consensus protocol that is an alternative to proof-of-work.

Proof-of-stake removes the competition. Blocks are not mined. Instead, they are validated by the stakeholders. Validators are chosen at random. They stake their share of crypto for approving any block. And they lose their stake (partial or full) based on the degree of misconduct.

While proof-of-stake is eco-friendly, it has its own set of drawbacks such that it promotes amassing crypto rather than its expenditure.

So at present, for the foreseeable future, proof-of-work (mining) has no strong alternatives.

Who can Mine Cryptocurrency?

In general, anyone with a supported wallet, internet connection, and powerful hardware can start mining cryptocurrency. It also depends on the type of cryptocurrency you choose to mine.

You can either go with solo mining or pool mining.

In solo, you alone solve for the hash, while it’s more of a group effort in the pool. Similarly, it’s also based on the type of hardware you’ve deployed, CPU, GPU, or the professional ASIC (application-specific integrated circuit) miners.

Please go through this guide to understand crypto mining in detail.

Crypto Mining Platforms

The following sections will discuss some of the major mining platforms and utilities that make the mining procedure easy–cutting much of the technical setup.

Before initiating, make sure you have a cryptocurrency wallet and mining software that supports your choice of cryptocurrency.

Without further ado, let’s start with some of the best mining platforms.

Ecos

Ecos calls itself a full-fledged crypto investment platform. And when you see their breadth in the crypto domain, you might think the same.

It has a cryptocurrency wallet, exchange, cloud mining contracts, and crypto portfolios for investors. Besides ECOS has a convenient mobile app. It is available at App Store and Google Play.

(Video) Most Profitable Ethereum Mining Pool

18 Best Cryptocurrency Mining Platforms [High Performing Pool] (1)

However, their cloud mining contracts are only for Bitcoin mining. You can create a contract ranging from USD 75 to USD 50000 valid for 15 months to 50 months.

They accept payments from cards and in a few cryptos: BTC, ETH, XRP, and LTC.

Interestingly, you can purchase a Bitmain Antminer from their website. And it will mine Bitcoins at their mining facility. Finally, you have the choice to get it shipped to your address at your convenience. They pay daily for cloud mining and miner hosting contracts. All detailed statistics you can see into your account.

The main feature of the ECOS platform is that they provide a free cloud mining contract for 1 month to test their platform!

StormGain

StormGain is one of the simplest mining platforms. It has a one-click mining process that doesn’t eat from your local resources, and it’s free. But there’s a catch!

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As advertised, this is an all-in-one crypto platform. You can buy, sell, trade, exchange, and mine. Mining is limited to Bitcoin and is done on StormGain servers.

Now the catch is, first, mining is done in 4 hours shift. So, you have to click to activate the miner every four hours. In addition, if you aren’t trading on StormGain, then mining speed is slow to the extent that you would be mining a minuscule 0.5 USDT (~USD) per mining session.

And second, you have to increase your trading level to boost your mining speed. Notably, there are six more levels in addition to the starter. The highest level is VIP 3 for traders having 75,000,000 USDT trading volume per calendar month. With this peak level, you can have a free mining income of close to 16,000 USDT per month.

Trading, exchange, and withdrawals fees are specific to coin type. But, the deposit is free of any commission.

StormGain has native applications for Android and iOS. You can also use it as a web application.

Conclusively, StormGain is suitable only if you do-it-all with crypto. Keep reading to know about the crypto platforms if you’re interested in mining alone.

Slushpool

Slushpool is an excellent place to step in for anyone aiming for pool mining.

It’s one of the veterans in bitcoin mining presently mining about 3.5% of all bitcoins.

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SlushPool charges a 2% pool fee for using its platform. It also has a 0% pool fee option for some supported ASIC miners.

It also has an official mobile app for iOS and Android. The app can be used as an account monitoring tool. SlushPool clearly states that you can’t mine with its mobile app.

Its platform has two-factor authentication (2FA) for added security. In addition to the regular one-time passwords, you can use FIDO2 compatible physical authentication devices like the TREZOR or Yubikey.

While the minimum payout is 0.001 BTC, you pay a payout fee of 0.0001 BTC for transactions lower than 0.01 BTC. The same goes for payouts of Zcash.

SlushPool has Bitcoin mining servers across the continents:USA, Europe, Canada, Japan, andSingapore. Zcash mining servers are located in theUSAandEurope.

Awesome Miner

Next on the crypto mining platforms list comes Awesome Miner, which is similar to Cudo Miner. It is a mining management utility for Windows and Linux users.

It can be used free of cost for 2 miners. Afterward, its paid plan kicks in, starting with USD 4 per month billing annually.

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It also has a cloud subscription that offers mining management from anywhere with just an internet connection. This service starts with USD 4 per month, billing annually for 10 miners. This service has a 30-days trial period if you’ve less than 400 mining rigs.

There are also monthly plans which are a tad more expensive than their yearly counterparts.

Awesome miner seems an excellent solution for huge mining farms. It has rich documentation and help sections to assist users in every possible way.

Zionodes

Zionodes is hands down the most accessible BTC mining platform we came across. This platform comes in with the smoothest UI and helps you onboard and start mining merely in seconds. The best thing is their dashboard is dynamic; you see your earnings updated every minute.

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The rise of this platform can mainly be attributed to its strategic partnerships with ViaBTC, and many more prominent players in the mining industry. Such strategic partnerships ensure their foothold in the remote bitcoin mining domain.

We recommend this platform because, once you purchase from them, you are the sole owner of the hardware, and you do not have to worry about the availability of the computing power. Hosting the hardware in the data centers helps you gain an astonishing uptime of 99.99%, so effectively, there are no maintenance breaks.

They accept multiple crypto payment methods such as USDP, TUSD, DAI, BUSD, USDT, and USDC. The additional benefit of being able to add those coins across multiple networks such as Ethereum, Binance Smart Chain, and TRON. Zionodes has its data center across North America, South Africa, Europe, and Russia.

Furthermore, if you are planning to bulk order from the trading desk you can make the payment with just a few clicks using the MetaMask USDT ERC token.

Conclusively, Zionodes is a better alternative to various cloud mining platforms as it works on remote mining modules where you are the owner of the miner and can operate it according to your convenience.

Hint! Sign up to the marketplace and drop them a line, and they might provide you with free trial access to the miner of your choice.

BitFuFu

BitFuFu offers both cloud mining and hosting products. This is the cloud mining platform that is strategically invested by BITMAIN.

Currently, the listed products on their website all use S19 Pro miners, the Flagship model from BITMAIN. They also cooperate with mining sites like Core Scientific and mining pools like Antpool.

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On BitFuFu’s website, you can choose the number of hashrate from 30 T to 500T or even larger bulks and the plan duration from 30 days to 360 days. Their mining model is that you may select to pay for only 10 days’ electricity fee upfront and have the following charges deducted on schedule or pay in a lump sum.

(Video) Best Crypto Mining Pool 2021 | Payout Methods Explained

You can also monitor the mining process by clicking on the link from your personal page on BitFuFu to jump to third-party mining pools’ backstage management system to examine the performance of the miner.

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They do have an iOS and Android app to let you keep an eye on the market and place your orders according to the latest price.

Hint! They offer exclusive deals on their mobile apps and referral fees of up to 3%.

Bitfly (Ethermine.org)

Bitfly is where you can mine six crypto coins: ETH, ETC, ZEC, BEAM, RVN, and ERG. Each one has a different domain name and set up instructions matching the specific coin.

It charges a standard 1% pool fee irrespective of the coin you mine. It has 3rd-party apps for monitoring supported on Android and iOS.

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Bitfly has specific configuration guides depending on the operating system, graphic card, and coin.

Once you click Start Mining, it takes you to the server details and mining software options. After that, you just download the preferred mining utility and set up the mining software to start mining.

It has mining servers in Europe, Asia, and the USA.

Bitfly boasts of instant payouts. It also has a Discord channel, a place to share knowledge with fellow miners. This can be useful if you’re new to the mining space.

CryptoTab Browser

This is a unique concept to mine cryptocurrency while browsing. It has mining features built-in.

CrytoTab Browser promises automatic algorithm switching to boost profits. Similarly, it also assures of no overheating or battery drain while browsing with its in-house browser.

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It converts all the rewards in Bitcoin. The minimum payout listed is 0.00001 BTC. You can earn by your mining hardware as well as receive commission for referrals.

This browser is available for Windows, Mac, Android, and iOS.

This is recommended for non-tech users who wish to have a minimum taste of cryptocurrency mining.

Cruxpool

A very modern-looking website that says: “Stable and Predictive revenue from crypto mining.”

You can mine ETH, ETC, BEAM, and Ravencoin on Cruxpool. And they are adding new coins as we speak of this.

But when you go to their mining page, they show only two mining pools, ETH and ETC.

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These two are the biggest of their pools. However, their help section shows the other two mining pools, Beam and Ravencoin.

Cruxpool charges a 1% pool fee.

Their quick start guide is detailed and helpful in setting up mining Ethereum and Ethereum Classic. It aids in starting with various operating systems (Windows and Linux).

Minimum payouts are:

Ethereum– 0.01ETH
Ethereum Classic– 0.1ETC
Ravencoin– 50RVN
Beam– 1BEAM

HashCity

You can mine 14 cryptocurrencies with HashCity.

The good thing about this platform is that you don’t have any payout fee like with SlushPool.

The pool mining fee is 1%.

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You can find start-up guides by clicking the ‘How to start’ buttonagainst each cryptocurrency.

For instance, when you click ‘How to start’ for Litecoin, this will pop up:

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You can directly find the appropriate miner and other files from this section.

Similarly, you can download detailed instructions for every crypto coin to set up mining with HashCity.

They have a HashCity app for Android and a Telegram channel for the pool members.

NiceHash

Nicehash is the most complete of the pools/services we have reviewed so far. But its website can easily overwhelm a new miner.

It’s a hash rate marketplace, crypto mining utility, and crypto exchange portal–blended in one.

Mining can’t be easier if you’ve got Windows 10. Check this video for details:

(Video) Bitcoin & Cryptocurrency Mining Pools Explained | Best Mining Pools PPS vs PPLNS

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With Nicehash, you have two options, either use their in-house mining application: NiceHash Quickminer, or you can use any 3rd party miner application with NiceHash Miner.

Depending on the hardware–CPU/GPU or ASIC–you can find detailed tutorials to start mining with them.

NiceHash OS (NHOS) is similar to what we have COS with CoinFly. You can connect unlimited mining rigs for free with NHOS. It’s an added benefit compared to COS, which will start charging beyond 4 rigs.

NiceHash is compatible with a number of pools: F2Pool, SlushPool, 2Miners, etc.

Nicehash also has a Mobile app for Android and iOS.

Easy BTC Mining

Easy BTC Mining offers a hassle-free mining experience with a cloud mining contract. Cloud mining allows you to buy a certain amount of hash power for the contract period.

The process is to register with an email and then sign a contract to start Bitcoin mining.

The minimum payout is 0.0001 BTC, and their platform ensures immediate and automatic payments.

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This platform supports the mining of BTC, ETH, and LTH.

ZHash.pro

ZHash.prooffers pool mining at a 0% pool fee.

You can mine 4 coins with them: ZEC, ZEN, BTG, and TENT.

The process to mine is easy and doesn’t need any registration. One only needs a supported wallet and can choose the server of choice. Afterward, configure your miner software, and you’re set.

They have mining servers in Europe, the USA, and Asia.

Detailed instructions are available with all four pools according to the mining hardware.

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They also have a Discord channel for getting assistance from fellow pool members.

But the pool size, at least on discord, seems small with just 89 online members compared to Ethermine, which has 7,371 online members on the same platform.

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Small pools are not necessarily a bad thing, and the payouts are bigger compared to large pools. However, the probability of finding a block can be less with smaller pools because of the lesser pool hashrate.

To sideline any apprehensions with ZHash.pro, you can check out their recent payout list for every pool.

Minimum payouts are 0.01 ZEC, 0.1 ZEN, 0.05 BTG, and 0.5 TENT.

K1Pool

K1Pool has the option to go for a solo mining experience. You can individually find the blocks and keep the entire reward to yourself.

But solo mining is recommended only if you have powerful hardware or are mining cryptocurrencies with the least network difficulty.

You can mine 16 cryptocurrencies with K1Pool. It has servers in China, Europe, and the USA.

You have to create an account to get started. Afterward, you can configure as per your hardware and server location.

One can also mine with the hashrate purchased at NiceHash. They have a separate NiceHash control panel for that.

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They have a download section for almost all major mining software. Their download portal helps in choosing the best mining software according to the mining algorithm.

Every pool page consists of vital information about that particular pool, such as minimum payouts, pool hashrate, payout frequency.

They also have a discord and telegram channel for getting any help from the pool members. Based on the discord channel headcount, K1Pool also seems new to the mining sphere.

Yet, the user interface is clean and has a lot of information to help newbies—worth a try.

MinerGate

Minergate has 7 active mining pools to get you started. You can mine ETH, XMR, LTC, ZEC, among others. It promises a single-click mining process.

(Video) How to choose the best Crypto Mining Pool

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They have an in-house miner application: MinerGate XFast, which they crown as the fastest in the mining industry. This application supports the mining of 5 coins. For the rest, the mining servers are to be configured manually.

The process is pretty straightforward, to begin with. You can browse their pool section and select the preferred pool, which links to the application download or server details.

MinerGate charges up to a 1.5% pool fee depending on the crypto coin and the reward system. They also have a MinerGate control app for Android.

SimpleMining

SimpleMininig is similar to Coinfly in that it has a mining OS.

You can use their services for free with one mining rig for 30 days.

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The user interface is simple enough with helpful information to get started.

One can register with them and deposit the amount to continue using their services after the trial period.

Check this for a great video tutorial to use SimpleMining OS:

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CudoMiner

Cudo Mining provides cryptocurrency mining software solutions.

Its Cudo mining platform helps in automated mining with minimum manual configuration. It boasts of managing 100,000s of mining rigs and ASIC miners with a single platform.

It has an auto coin switching feature that sticks to the most profitable algorithm to mine for the best possible profit.

They also have a CudoOS for dedicated mining rigs. The setup is similar to the mining OSes we’ve seen in this article.

You can mine 9 coins with their automated mining as of this writing and over 100 cryptocurrencies with manual configuration.

It has a telegram channel with over 6.5k members. The user interface is excellent, and there are tons of articles to help you get around crypto mining.

They have a commission-based pricing model, so no upfront charges. Their mining software is available for major desktop OSes, including Windows, Linux, and Mac.

BetterHash

BetterHash is an automated mining tool exclusively available for Windows OS as of now. It detects your hardware and chooses the best algorithm for maximum gains.

Check out this video to have an introduction to automated mining with BetterHash:

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You can mine 9 cryptocurrencies with BetterHash, including the famous BTC, ETH, XMR, ZEC.

There are two mining modes: manual and profit-switching (automatic).

While there is no mining fee for any crypto coin, there is a withdrawal fee for Bitcoin (for non-coinbase accounts) and FIRO.

Summing Up 👨‍🏫

With cryptocurrency becoming a household term, crypto mining is at an all-time high. There are countless crypto mining platforms to help a technical novice and professional miner alike.

While it seems logical to put the idle computing power at mining, some degree of technical proficiency is essential to churn profits and avoid losses. While choosing any crypto mining platforms, the critical factors remain supported coins, mining algorithms, reward systems, minimum payout, withdrawal fee, and user reviews.

Alternatively, you should consider getting dedicated hardware like Antminer.

Despite its popularity, crypto mining isn’t for everyone–especially the one with ineffective hardware should avoid mining.

(Video) The Easiest Way To Mine Cryptocurrency At Home | Test It Right Now!

While cloud crypto mining seems the easiest method to mine, the payouts are not guaranteed. It’s much like investing in the stock market. And once you sign a contract, you are bound to pay the amount regardless of any mining income.

So the advice that goes with cloud mining is: proceed with caution and dig deep before stepping into this intriguing world of passive income.

Want to learn more about crypto? Here are 7 Online Cryptocurrency Courses for Beginner to Advanced Level.
Want some free crypto? Here are 7 ways to earn free cryptocurrency.

FAQs

Which pool has the highest Hashrate? ›

PoolHashrate Share
0NETWORK100.00 %
1Foundry USA25.85 %
2AntPool20.04 %
3F2Pool16.83 %
9 more rows

What is the most profitable pool to mine? ›

List of the Best Bitcoin Mining Pools:
  • #1) Binance.
  • #2) Slush Pool.
  • #3) F2pool.
  • #4) Pool BTC.
  • #5) ECOS.
  • #6) Via BTC.
  • #7) Antpool.
  • #8) Poolin.
4 Aug 2022

Should I join a mining pool? ›

Joining a pool is an essential step for most miners. Although some miners prefer to mine solo instead of joining a pool, pooled hashrate generally means solving blocks more consistently , leading to more frequent mining reward payouts.

Which mining pool is most profitable ETH? ›

Ethermine, the most popular Ethereum mining pool, allows for anonymous mining with a real time PPLNS payout scheme. The pool prides itself with instant payouts as soon as the payout threshold has been met (minimum 0.05 ETH). The pool has a 1% fee and pays out for block rewards and fees as well.

What is the best GPU mining pool? ›

10 BEST Cryptocurrency to Mine with GPU [Most Profitable]
  • Comparison of the Most Profitable Coins to Mine.
  • #1) Vertcoin.
  • #2) Bitcoin.
  • #3) Monero.
  • #4) Ravencoin.
  • #5) Haven Protocol (XHV)
  • #6) Ethereum Classic (ETC)
  • #7) Bitcoin Gold.
24 Sept 2022

Can I mine Bitcoin on my phone? ›

Crypto Mobile Mining – Does it Work? Yes, it does work. It is possible to mine bitcoin with an android device even if you might have numerous reasons to stay away from it. Also, using a mobile phone to mine crypto coins isn't close to the way the traditional mining software or hardware works.

Is Pool mining profitable? ›

While solo mining can generate huge rewards, it doesn't offer the same reliable income as mining pools do. Since pool members combine their computing power and increase the chances of finding a block, the regularity with which you receive a payout will most likely be higher than if you were mining alone.

Which pool is the best for ETH? ›

Best Ethereum Mining Pool in 2022

F2Pool — is one of the largest multi-currency mining pools in the world. Hiveon Pool — is a reliable pool that guarantees high-profit payouts with PPS+ distribution mode. 2Miners — strives to create an easy-to-use mining pool for all miners regardless of their farms' sizes.

Who are the biggest Bitcoin miners? ›

Founded in 2017, Core Scientific is one of the largest Bitcoin miners in the world with 180,000 servers and nearly 10% of the current computing power that secures the entire Bitcoin blockchain network as of June 30, according to the latest public filing.

Which cloud mining is legit? ›

ECOS is the only legit cloud mining company. It was established in 2017 in Armenia in the Free Economic Zone. ECOS has more than 100 000 users from all over the world. You can easily use a convenient mining calculator to estimate mining returns and choose the best option for you.

How do I choose a crypto mining pool? ›

How To Choose the BEST MINING POOL - YouTube

Which miner is best for ethereum? ›

Here is the list of the best mining software for Ethereum:
  • Go Ethereum.
  • Cudo Miner.
  • Ethermine.
  • EasyMiner.
  • Kryptex.
  • Phoenix Miner.
  • NBMiner.
  • GMiner.
7 Aug 2022

How much are mining pool fees? ›

Before deciding to join a particular pool, miners should pay attention to how each pool shares its payments among members and what fees, if any, it charges. Typically, pools may charge between 1% and 3% as pool fees.

How long does it take to mine 1 Bitcoin? ›

It takes around 10 minutes to mine just one Bitcoin, though this is with ideal hardware and software, which isn't always affordable and only a few users can boast the luxury of. More commonly and reasonably, most users can mine a Bitcoin in 30 days.

Is NiceHash a good mining pool? ›

Based on Whattomine, NiceHash can oftentimes be the most profitable solution for miners! NiceHash profitability is determined by buyers of hashing power and is only indirectly affected by the price and difficulty of the coin.

How do I choose an ETH mining pool? ›

How to choose a pool
  1. Mining pool location – choose a pool that has a server near you. ...
  2. Harshrate and number of miners – of course the higher the hashrate of the pool the more crypto it earns. ...
  3. Mining fees and payout threshold – each pool has fees and minimal sum you can withdraw to your cryptocurrency wallet.

How much can you make mining Ethereum in a pool? ›

The profit currently is 6% to run an individual node and 5.35% to be on an Ethereum staking pool.

Which Ethereum pool has lowest minimum payout? ›

If you mine Ethereum in the 2Miners pool, you can choose one of three cryptocurrencies for payouts: Ethereum, Bitcoin, or Nano. The minimum payout in Ethereum is 0.01 ETH (~$36), Bitcoin is 0.005 ETH (~$18) and in Nano – 0.0005 ETH (~$1.80).

What is the easiest crypto to mine? ›

Answer: Monero is the easiest cryptocurrency to mine now because it can be mined via browser extensions and free software over websites. It is even mined via crypto jacking. The mining code can also easily be incorporated into apps and websites to facilitate mining.

Can I mine crypto with 1 GPU? ›

There is only one essential requirement: a good graphics card with at least 6GB of RAM. The most affordable graphics cards that meet mining requirements are Nvidia 1060 6GB and AMD RX 480 8GB. It goes without saying that the better the graphics card, the more it costs and the more profit it may bring.

Is mining still profitable 2022? ›

Bitcoin Mining Companies

As the profitability of Bitcoin mining dropped in 2022, top crypto miners' share prices have also fallen. Fortunately, Canaccord Genuity analyst Joseph Vafi says the most efficient Bitcoin miners are still turning a significant profit on their rigs.

Can I mine Shiba Inu? ›

While Shiba Inu cannot technically be mined, you can tap into workarounds to earn SHIB in exchange for staking, which is a passive process similar to mining.

How much is 1 Satoshi worth? ›

1 SATS = 0.0001936 USD

How does the market feel about Satoshi today?

How many bitcoins are left? ›

As of June 2022, there are about 2 million bitcoins (BTC) left to be mined, which means that there are nearly 19 million currently in existence. Bitcoin has gained popularity as an investment in recent years, because of its unique design and underlying technology.

What is the best crypto pool? ›

ViaBTC is one of the best mining pools because it offers BTC, BCH, and LTC mining pools. With this platform, you can get the real-time status of the miners. ViaBTC offers multiple settlement methods and mining forms.

Is mining worth it 2022? ›

Bitcoin mining is still extremely profitable in 2022. Bitcoin miners are currently mining around $20 million worth of Bitcoin per day. That's $600 million per month. A mining machine costs $2,000-$20,000, making it difficult for anyone but professional miners to mine.

How much do Bitcoin miners make a day? ›

Daily Profit = ($2,250 / Year ) x 365 Days in a year = $727.5 per day. If a mining rig costs around $8,000, then you'll need to invest around $8k in order to mine 1 Bitcoin in one year. Mining will still be very profitable in a few years. In fact, we believe that it'll be even more profitable than it is today.

Where is the best place to mine Ethereum? ›

NanoPool is one of the most well-known of the best ETH pools out there. It's great for newer users as it supports a lower hashrate than others may require, for instance. NanoPool has servers based all around the globe. This means there's access to the mining pool for all.

Does server location matter for Pool mining? ›

Server Location

This is really important. Because theoretically, the same equipment, launched at the same time on different pools, will mine a different amount, also based on the fact one pool was closer to the server in the sense of the hashrate.

How often does 2miners payout? ›

Payouts are processed automatically every 2 hours. To get the payout you need to reach the payout threshold. For most of the coins, you could set it on the "Account Settings" tab.

Who is the richest Bitcoin miner? ›

Together with Micree Zhan, he co-founded Bitmain in 2013, which has become the world's largest computer chip company for bitcoin mining, with US$2.5 billion in revenue in 2017.
...
Jihan Wu
BornWu Jihan 1986 (age 35–36) Chongqing, China
NationalityChinese
EducationPeking University
OccupationBusinessman
1 more row

Who is the CEO of Bitcoin mining? ›

Bitcoin.com
Type of sitePrivate
CEODennis Jarvis
IndustryCryptocurrency
ProductsCryptocurrency/web3 wallet, news, exchange, games
ServicesCryptocurrency sales, trading
8 more rows

Which is the best Bitcoin mining site? ›

Following are some of the best Bitcoin Mining Pools/Cloud Mining websites:
  • StormGain– Best for Experts and beginners.
  • ECOS -Best for Its operating system, which works with legal status.
  • Hashing24 – Individuals who wish to access Bitcoin mining.
  • BeMine – Best for Cloud sharing of ASIC-miners.
6 days ago

How much can you earn with cloud mining? ›

For an average hash rate of 100 GH/sec for bitcoin at 5 US dollars a pop, you'd be looking at roughly $1,900 for one year, including maintenance fees. Yes, they charge a fee for maintaining their own servers. We can put this price into a simple equation to find how much profit we would make in one year.

Which app can I use to mine Bitcoin for free? ›

Easy Miner is a free Bitcoin mining app for Android devices. Keep a look at the system requirements of the app to check if you re going to be capable of using it.

Is cloud mining free? ›

Free cloud mining offers people the ability to pitch into the world of cryptocurrency mining without having to need to invest any initial fees. When you search for “Bitcoin cloud mining free” on Google, hundreds of sites pop up offering their expertise and services in the free cloud mining area.

What is the best GPU mining pool? ›

10 BEST Cryptocurrency to Mine with GPU [Most Profitable]
  • Comparison of the Most Profitable Coins to Mine.
  • #1) Vertcoin.
  • #2) Bitcoin.
  • #3) Monero.
  • #4) Ravencoin.
  • #5) Haven Protocol (XHV)
  • #6) Ethereum Classic (ETC)
  • #7) Bitcoin Gold.
24 Sept 2022

Is NiceHash a good mining pool? ›

Based on Whattomine, NiceHash can oftentimes be the most profitable solution for miners! NiceHash profitability is determined by buyers of hashing power and is only indirectly affected by the price and difficulty of the coin.

Is NiceHash Pool mining? ›

It is important to note that NiceHash is not a pool. Miners sell hashing power to the buyers. Buyers then redirect that hashing power to the pool.

Who is the biggest Bitcoin miner? ›

However, some of the largest Bitcoin mining farms in the world include:
  • Dalian, China. Hashrate: 360,000 TH. ...
  • Genesis Mining Farm, Reykjavik, Iceland. Hashrate: 1,000 GH. ...
  • Moscow, Russia. Hashrate: 38 PH. ...
  • GigaWatt, Washington, USA. Hashrate: 1.3 PH. ...
  • Linthal, Switzerland. ...
  • Bitfury, Amsterdam, Netherlands.

What is the easiest crypto to mine? ›

Answer: Monero is the easiest cryptocurrency to mine now because it can be mined via browser extensions and free software over websites. It is even mined via crypto jacking. The mining code can also easily be incorporated into apps and websites to facilitate mining.

Can I mine crypto with 1 GPU? ›

There is only one essential requirement: a good graphics card with at least 6GB of RAM. The most affordable graphics cards that meet mining requirements are Nvidia 1060 6GB and AMD RX 480 8GB. It goes without saying that the better the graphics card, the more it costs and the more profit it may bring.

Which pool is best for Ethereum? ›

Best Ethereum Mining Pool in 2022

Ethermine — stands out with instant payouts, a high degree of anonymity, and detailed statistics. F2Pool — is one of the largest multi-currency mining pools in the world. Hiveon Pool — is a reliable pool that guarantees high-profit payouts with PPS+ distribution mode.

What is better than NiceHash? ›

Awesome Miner is a powerful alternative to NiceHash that supports over 50 popular mining software and the mining of hundreds of different cryptocurrencies. This option is ideal for large-scale mining activities as it can scale up to 25,000 CPU/GPU miners and 200,000 ASIC miners.

Why is NiceHash paying so low? ›

If you are referring to the balance expressed in FIAT currency (USD, EUR, RUB,...), the reason for the decreased value lies in the value Bitcoin has on the global market. NiceHash pays you in Bitcoins, but the value of the earned Bitcoins is expressed over the website and in our software in FIAT currency as well.

Which is more profitable NiceHash or Ethermine? ›

Mining crypto with NiceHash is less profitable because you still need to cater to pool fees. Pool mining on the other hand maximizes whatever you mine and turns it into pure profit. NiceHash is unsuitable for long-term investment.

Is NiceHash the most profitable? ›

In summary, the best option miners will have to stay profitable after Ethereum is to use NiceHash and its automatic algorithm switching. This ensures that miners are always mining the most profitable algorithm all the time.

What is NiceHash pool fee? ›

NiceHash takes 5% fee for using their services. ethermine.org PPLNS (1%) ETH / ZEC / ETC / RVN. ethermine is the largest pool for mining Ethereum. They also support other coins to mine.

What is minimum withdrawal from NiceHash? ›

We have always had a really low minimum withdrawal amount on Bitcoin Lightning Network, and now it's even lower! Now you can withdraw as little as 0.00002 BTC from our platform!

Who is the CEO of Bitcoin mining? ›

Bitcoin.com
Type of sitePrivate
CEODennis Jarvis
IndustryCryptocurrency
ProductsCryptocurrency/web3 wallet, news, exchange, games
ServicesCryptocurrency sales, trading
8 more rows

Which country is best for Bitcoin mining? ›

Since China banned crypto, the US has quickly become the global leader for Bitcoin mining and the number one ranking country with regards to the hashrate. Key drivers for this are the country's access to renewable energy sources, low energy prices (particularly in Texas) and pro-cryptocurrency policies.

Which country owns the most Bitcoin? ›

Bitcoin Ownership by Country 2022
Country2022 Population
China1,425,887,337
India1,417,173,173
United States338,289,857
Indonesia275,501,339
225 more rows

Videos

1. $48 a day WITHOUT a Mining Rig! Crypto Passive Income
(Ramiroy)
2. Crypto Mine With Your Gaming PC-NiceHash 2021 Tutorial
(Gamer Heaven)
3. Top 5 Largest BITCOIN MINES on Earth
(Glame TOP 5)
4. Should you be mining BITCOIN? How to ACTUALLY mine Bitcoin in 2022 (the cheapest way)
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5. Mining Pool Shares, Difficulty and Luck Explained
(Son of a Tech)
6. Why I Stopped Mining on Crazy Pool?
(Son of a Tech)

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