9 Best Bitcoin Mining Pools: Legit Sites (2020 Companies)

3 largest bitcoin pools

So, if I understand it correctly, right now the 3 largest bitcoin mining pools have more than 50% hash power. Does it mean that hacking all 3 of them could collapse the integrity of the network?
How does it work? Is there any protection in place?
submitted by rkfmr4ovmr4 to BitcoinBeginners [link] [comments]

F2Pool, largest bitcoin pool on 20mb blocks (revisiting old news here).

I was just reading back over this mailing list thread where a F2Pool representative explained to Gavin why 20MB blocks wouldn't work for them.
If someone propagate a 20MB block, it will take at best 6 seconds for us to receive to verify it at current configuration, result of one percent orphan rate increase. Or, we can mine the next block only on the previous block's header, in this case, the network would see many more transaction-less blocks.
Our orphan rate is about 0.5% over the past few months. If the network floods 20MB blocks, it can be well above 2%. Besides bandwidth, A 20MB block could contain an average of 50000 transactions, hundred of thousands of sigops, Do you have an estimate how long it takes on the submitblock rpccall?
For references, our 30Mbps bandwidth in Beijing costs us 1350 dollars per month. We also use Aliyun and Linode cloud services for block propagation. As of May 2015, the price is 0.13 U.S. dollars per GB for 100Mbps connectivity at Aliyun. For a single cross-border TCP connection, it would be certainly far slower than 12.5 MB/s.
I think we can accept 5MB block at most.
When people talk about low bandwidth miners being vulnerable to attack by large blocks, that remark by F2Pool I believe is what spawned the concern.
It didn't seem like that big of a deal to me, 6 seconds? And then I realized, F2Pool, in addition to being the largest bitcoin pool, is also the largest litecoin and dogecoin mining pool. Litecoin has 2.5min blocks, bandwidth equivalent to 4MB max block size in bitcoin, and dogecoin has 1min blocks, equivalent to 10MB max block size.
I just wonder if they might have been taking into account block flooding by those two networks in their bandwidth concern for this attack vector as well. If someone wanted to attack them by flooding big blocks they could do it extra effectively (and cheaply) by using those two coins, they already have potentially 14MB worth of block and transaction spam every 10min to worry about.
Just something I hadn't considered before, thought I'd share.
submitted by peoplma to bitcoinxt [link] [comments]

Elastos Teams Up With Bitmain On Merged Mining, ELA Token To Be Added To Largest Bitcoin Pools

Elastos Teams Up With Bitmain On Merged Mining, ELA Token To Be Added To Largest Bitcoin Pools submitted by longspeek to BitcoinMining [link] [comments]

The largest bitcoin-pool BTC.com will mine Ethereum and Ethereum Classic

The largest bitcoin-pool BTC.com will mine Ethereum and Ethereum Classic submitted by Coinatory to coinatory [link] [comments]

Elastos Teams Up With Bitmain On Merged Mining, ELA Token To Be Added To Largest Bitcoin Pools

Elastos Teams Up With Bitmain On Merged Mining, ELA Token To Be Added To Largest Bitcoin Pools submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

3 largest bitcoin pools /r/BitcoinBeginners

3 largest bitcoin pools /BitcoinBeginners submitted by BitcoinAllBot to BitcoinAll [link] [comments]

F2Pool, largest bitcoin pool on 20mb blocks (revisiting old news here). /r/bitcoinxt

F2Pool, largest bitcoin pool on 20mb blocks (revisiting old news here). /bitcoinxt submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What are the public bitcoin Node-IPs for the 10 largest mining pools.

I'd like to directly add the 10 major bitcoin mining pools public Node-IPs to my bitcoin peer list. Does anyone have a list of IP:port for the major miners?
I would think this would be plastered on their front page.
submitted by brianddk to Bitcoin [link] [comments]

What are the public bitcoin Node-IPs for the 10 largest mining pools. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Global Business Director of largest Bitcoin Mining Pool (F2Pool) on the future of the Bitcoin Minign Industry. MUST LISTEN!!!

Global Business Director of largest Bitcoin Mining Pool (F2Pool) on the future of the Bitcoin Minign Industry. MUST LISTEN!!! submitted by litocoen to Bitcoin [link] [comments]

How to Mine Bitcoins : 4 easy steps to start mining

How to Mine Bitcoins : 4 easy steps to start mining

There are two ways of mining bitcoin: you can mine personally using your own equipment, or you can rent equipment using cloud-mining services. Cloud mining requires less investment, but you will likely receive less revenue. You can calculate your income using a calculator (https://cryptocalc.online/en) This article will explain:
how to start mining bitcoins;
what are the best programs for mining bitcoins;
what are the best equipment for bitcoin mining;
where to find the best bitcoin mining pools;
Let's consider different ways of mining. Method 1. Cloud Mining
1.Create a bitcoin wallet
To get bitcoins, you need to create a bitcoin wallet. Bitcoins are transferred to your bitcoin wallet using a unique address that belongs exclusively to you. Сheck your address, It will be a long sequence of letters and numbers.
Another important step in creating bitcoin wallet is to ensure its protection against potential threats through 2-step verification and cold storage. 2. Choose a cloud mining service provider
Cloud mining allows users to rent equipment (or hashing power) for bitcoin mining.
Top 10 cloud-mining services 2018:
  1. HashFlare
Has the highest yield of 200% of the contract value. Site with the best reputation and reviews.
  1. Genesis Mining
One of the largest and most reliable cloud minings. The company was founded in January 2014. Genesis Mining pays all the coins to your wallet daily.
  1. Eobot
This site is an excellent solution, easy to use, allowing you to convert various cryptocurrencies and immediately send PayPal payments. You can use an unlimited number of computers.
  1. MinerGate
Great service for mining, which has a comprehensive functionality for earning cryptocurrency with your computer. This is a pool for mining, you can mince through the browser or through the Minergate program. You can also set up the program to choose which coin is most profitable for mining now.
  1. Hashing24
Good service for Bitcoin mining.
  1. ViaBTC
This is the 7th largest bitcoin pool for mining, which is based in China.
  1. Bit Miner
They have their own equipment. The service has been working since 2015.
  1. Fleex
Known for high profit: 2 - 3% per contract per day.
  1. AWS Mining
The resource is quite young.
  1. OxBtc
The service of cloud mining, which has been working since February 2016.
Method 2. Personally Mining Bitcoin
1. Select the equipment for mining
As bitcoin mining becomes more difficult, more and more powerful equipment is needed to mining bitcoins. Consider all the equipment for mining and choose the option that suits you. In 2018 the most popular is Antminer S9. 2. Find a mining pool
If you do not already have a bitcoin wallet, get bitcoin wallet and then choose a pool for mining. A mining pool is a group of Bitcoin miners who work together, it is allows you to share resources and split the rewards, which can lead to quicker returns. As a result, you will earn more bitcoins, and your investments will start to bring profit.Yyou can find a complete comparison of mining pools on Bitcoin wiki (https://en.bitcoin.it/wiki/Comparison_of_mining_pools). Select the pool and register.
3.Set the program for mining
Some pools have their own programs for mining, some do not. If your chosen pool does not have such a program, it can be downloaded, for Mac, for example, you can use the MacMiner program, for a PC - BFGMiner.
4.Mining of bitcoins Connect the equipment to the computer and open the downloaded program for mining. Log in to your pool, enter your user name and password. Also check the address of your wallet.
submitted by lynaart to u/lynaart [link] [comments]

Why F2Pool (and other miners) just now is crashing bitcoin!

Recently the following quote from F2Pool operator become quite viral:
“The rumors are true,” Chun said. “Miners in China were scared by Luke Dashjr’s proof-of-work changing pull request.”
(I think 99% of the bitcoin community was aware of that Luke is a CORE developer who submitted this request to CLASSIC in an obvious trolling attempt)
 
It proved one thing: Operator of one of the largest bitcoin pools does not seem to have a clue at all! This is very, very scary news and the market has since then reacted. I personally have for the first time actually thought about quitting bitcoin completely since I until now thought about miners as (too) conservative, but at least well informed.
 
In general I think that ppl (and market) is starting to loose faith in the miners with their extremely passive/conservative approach. They don't seem to care about what the actual USERS want (the list of companies supporting classic has almost every important company on it).
 
The price and trust in bitcoin will continue to drop until a solution for block/scaling problem is in place. Miners (the ones who hasn't stated support for classic) can solve NOW and bring some much needed stability, I just don't understand why they dont!?!
 
.....and yes, I been around for hundreds of bitcoin "crashes".... but this is the one makes me worry for real.
 
Please upvote if you agree that F2Pool and other miners need to act to solve this mess!
submitted by spjakob to btc [link] [comments]

Binance’s Bitcoin Mining Pool is Now The 11th Largest in The World

Binance’s Bitcoin Mining Pool is Now The 11th Largest in The World submitted by cryptosyringe to binance [link] [comments]

Binance Pool Is Now the Largest Bitcoin SV Miner (current BTC/USD price is $9,488.27)

Latest Bitcoin News:
Binance Pool Is Now the Largest Bitcoin SV Miner
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

Binance Pool Is Now the Largest Bitcoin SV Miner

Binance Pool Is Now the Largest Bitcoin SV Miner submitted by leftok to atbitcoin [link] [comments]

Binance Pool Is Now the Largest Bitcoin SV Miner

Binance Pool Is Now the Largest Bitcoin SV Miner submitted by InTheKnow_2016 to mrcryptolive [link] [comments]

Bitcoin Halving 2020: How the World’s Largest Mining Pool Is Helping Miners ‘De-Risk’

Bitcoin Halving 2020: How the World’s Largest Mining Pool Is Helping Miners ‘De-Risk’ submitted by riqelme to Bitcoin [link] [comments]

Binance’s Bitcoin Mining Pool is Now The 11th Largest in The World

submitted by bitcointothemoon_ to CryptoCurrencyTrading [link] [comments]

Binance’s Bitcoin Mining Pool is Now The 11th Largest in The World

submitted by bitcointothemoon_ to Crypto_Currency_News [link] [comments]

The 5th Largest Mining Pool Sold $23 Million Bitcoin at $10k Before the Dump

The 5th Largest Mining Pool Sold $23 Million Bitcoin at $10k Before the Dump submitted by bitcoinexchangeguide to BitcoinExchangeGuide [link] [comments]

Mysterious Chinese Bitcoin Mining Pool Rises to the Sixth Largest After the Halving

Mysterious Chinese Bitcoin Mining Pool Rises to the Sixth Largest After the Halving submitted by raaner12 to Altcoinss [link] [comments]

New Bitcoin Mining Pool Comes out of Nowhere, Already 5th Largest

New Bitcoin Mining Pool Comes out of Nowhere, Already 5th Largest submitted by n4bb to CoinPath [link] [comments]

Best Bitcoin Mining Pools for Mine Bitcoin A look inside America's largest Bitcoin mining operation ... Best Bitcoin Mining Pools in 2018 TOP 3 The Best Bitcoin Mining Pool 2017 BitLuck Mining Pool - Grow Your Bitcoin NOW!

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. Bitfury, the company, makes its own mining hardware and runs its own pool. So, unlike Slush or Antpool, Bitfury cannot be joined if you run mining hardware at home. Bitfury 16nm ASIC ... 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. AntPool mined its first block in March 2014, meaning that it emerged roughly four years after the first mining pool; Slushpool. AntPool is run by Bitmain Technologies Ltd., the world’s largest Bitcoin mining hardware ... Partnership Between Bitcoin Mining Pool and Three Arrows Capital Three Arrows Capital, a prominent Singapore hedge fund with a global presence, has announced that it entered into a strategic partnership with one of the largest Bitcoin mining pools in the world. The second-largest mining pool that produced the maximum number of bitcoin blocks after AntPool over the past six months is operated by BTC.com. It generated around 16.5% of bitcoin blocks. The ... BW Pool The largest Bitcoin mining operations of NORTH AMERICA is underway: In the upcoming era, a massive competition has begun to continue to gain edge in pool’s mining. Russia, North America & North Europe are major players which can spawn a shift in power. Hut 8 mining’s corporation announced to establish biggest mining datacenters with total output over 60 MW of hashing power in North ...

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Best Bitcoin Mining Pools for Mine Bitcoin

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