By examining their advantages and disadvantages, we’ll introduce the top ten Bitcoin mining pools for the Bitmain Antminer S19 series in this post.
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The most well-known manufacturer of Bitcoin mining equipment is Bitmain, a titan in the mining machine sector that was founded in 2013. The most recent, most potent, and most effective Bitcoin mining equipment is the Antminer S19 series, which is one of Bitmain’s three most well-liked machine series.
The initial Antminer S19, which was introduced in 2020, consumed an astounding 34 J/TH of energy. The Antminer S19j pro series, which will be available in 2021, boasts increased computing power and improved energy consumption of 29.5 J/TH. The Antminer S19 and Antminer S19j pro are popular choices for both large and small bitcoin miners due to the low number of issues that have been reported thus far.
The Antminer S19 XP, the highest-performing air-cooled miner currently on the market, was unveiled at the Bitmain Summit in Dubai in November 2021 and boasts an astounding 21.5 W/TH efficiency.
It’s critical to pick the best mining pool for your Bitmain Antminer S19 series if you want to increase your mining capacity. The top ten Bitcoin mining pools are listed below for your consideration.
What is a Mining Pool?
Mining pools are organizations of miners who work together and agree to split block rewards proportionate to the hash power they have contributed.
Mining pools smooth out rewards and make them more predictable, which is appealing to the average miner, but they also concentrate power in the hands of the mining pool’s owner.
Miners can, however, choose to redirect their hashing power to a different mining pool at any time.
Because it will help you save money, choosing a good mining pool for your Bitmain Antminer S19 series is crucial.
Best Mining Pools
Bitcoin Mining Pools are groups operated and organized by third parties to manage hash power from miners worldwide. In proportion to the hash power contributed to this pool, these platforms split the Bitcoin that is generated.
BTC mining pool allows you to extract custom data sets from the system using API (Application Programming Interface) functionality. Many of these cryptocurrency pools have a dashboard that enables you to view the status and temperature of the Bitmain Antminer S19 series.
The list of legitimate Bitcoin mining pools that are the most reliable and profitable is provided below. This guide’s list of software applications adheres to the most secure cryptographic procedures to keep your cryptocurrency secure.
#1) Antpool
Antpool is one of the best Bitcoin mining pools for Bitcoin that helps you mine and trade cryptocurrency with ease. It offers alert services via apps, mail, SMS, and WeChat. You can quickly view your earnings on the dashboard thanks to this platform. This website also helps you to monitor your hashrate on a daily, hourly, and minute basis.
Key Specs:
Pool Size: Medium
BTC pool hash rate: 30.5EH/s
Pool fee: 4% for PPS+ & 0% for PPLNS
Minimum payout threshold: 0.005 BTC
Payout Frequency: Daily
Supported Platforms: PC, Web, iOS, Android
#2) Binance
Using a variety of mining algorithms, Binance Pool‘s auto-switching algorithm enables the mining of several cryptocurrencies, including BTC, BCH, and BSV. In addition, mining Ethereum, Cardano, Binance USD, Solana, Polkadot, Ripple, Filecoin, and Binance Coin, among others, is also an option. You make more money with auto-switching than is otherwise imaginable.
Users can also sell their hash rates. By depositing the pool’s earnings to earn between 4% and 30% in annual interest, users of pool savings can increase their income.
Due to the guaranteed higher payouts from real-time hedging, the 2.5% mining fee, which is quite high in the industry compared to other mining pool providers, must be offset by the fees. Overall, though, the Binance Pool is one of the best Bitcoin pools because it is user-friendly, secure, and dependable. Utilizing the Binance Pool is a fantastic choice for those looking to mine Bitcoin.
Key Specs:
Pool Size: Large
BTC pool hash rate: 23.86 EH/s
Active Workers: 610999
Pool fee: 2.50%
Minimum payout threshold: No minimum payment threshold for ETH mining
Payout Frequency: Daily
Supported Platforms: PC, Web, iOS, Android
#3) Slush Pool
Users can easily mine ZEC and BTC with the help of Slush Pool, a mining pool. With statistical evidence, you can verify that your rewards are just. This platform provides a security toolkit to keep your data safe on the cloud. Both iOS and Android are supported by it.
One of the largest mining pools that notifies users when a problem is found. It allows you to extract custom data sets from the system using API (Application programming interface) functionality.
Key Specs:
Pool Size: Medium-Large
BTC pool hash rate: 12.33 EH/s
Active Workers: 191 725
Pool fee: 2%
Minimum payout threshold: 0.001 BTC
Payout Frequency: Daily
Supported Platforms: PC, Web, iOS, Android
#4) F2pool
F2Pool, also known as Discus Fish to members of the crypto community, was first launched in 2013. It was one of the first mining pools to grace the sector and is still the oldest in China. F2Pool, which is currently the second-largest pool for hash rate distribution with 14.8% of blocks mined, is now one of the most widely used, being used by over 2 million miners globally. The platform expanded to support non-custodial ETH 2.0 staking with a minimum of 0.1 ETH after successfully launching a pool with a focus on Bitcoin.
ETH, LTC, ETC, BCH, CKB, RVN, ZEC, ZEN, KDA, DCR, and DASH are among the other cryptocurrencies that can be mined in addition to BTC. Some of these can be combined in what F2Pool terms “merged mining”. Users can transfer work already done for one blockchain to another using merged mining. This is a fantastic feature because it allows users to earn more coins without using any additional hashrate.
A PPS+ payout system is used on F2Pool to distribute rewards. As a loyalty incentive for using the pool, miners receive a 3% bonus in addition to a share of the block rewards. The pool’s 2.5% fee puts it in the middle of the pack when compared to other mining pools in terms of costs. F2Pool’s minimum withdrawal amount is 0.001 BTC, which is very reasonable.
Key Specs:
Pool Size: Medium-Large
BTC pool hash rate: 25.81EH/s
Pool fee: 2.5%
Minimum payout threshold: 0.005 BTC
Payout Frequency: Daily
Supported Platforms: PC, Web, iOS, Android
Read more about How to Mine Bitcoin on F2pool With Antminer S19?
#5) BTC.Com
Marketed as “the world’s leading multi-currency integrated mining pool”, An intuitive platform for multi-currency mining is what BTC.com has focused on giving users. Initially founded in 2015 as a blockchain explorer, the business later created a Bitcoin mining pool in 2016. Bitmain Technologies runs BTC.com, just like AntPool.
A peer-to-peer network is connected to the numerous servers that BTC.com hosts all over the world. Typically, miners connect to the server that is closest to them. The mining platform’s source code is entirely open-source, making it possible to check its accuracy. The project has gained legitimacy in part due to its open-source nature. The native BTC.com mobile application, which offers miners a user-friendly and intuitive interface, allows users to monitor the management of the BTC.com mining operation. Bitcoin mining pool hashrates at BTC.com.
Additionally to BTC, users can mine BCH, LTC, ETH, DCR, and CKR. Rewards are dispersed for BTC using an FPPS payout scheme, which charges an average fee of 4%. FPPS or PPS payout schemes are used to distribute all other rewards.
Security is given top priority by BTC.com in addition to transparency. To prevent financial mismanagement and to preserve network stability, the platform employs a number of security measures. The platform hosts Cloudflare to shield users from Distributed-Denial-of-Service (DDoS) attacks, and all data reading and writing are separated. In a nutshell, BTC.com is an established, safe, and reliable Bitcoin mining pool.
Key Specs:
Pool Size: Large
BTC pool hash rate: 12.810 EH/s
Pool fee: 4%
Minimum payout threshold: 0.005 BTC
Payout Frequency: Daily
Supported Platforms: PC, Web, iOS, Android
#6) Ecos
Best for operating system, which functions according to legal status.
ECOS is the most trusted cloud mining provider in the industry. In the Free Economic Zone, it was founded in 2017. It is the first company offering cloud mining services with a legal status. More than 100,000 users from around the globe use ECOS. It is the first cryptocurrency investment platform to offer a full range of digital asset tools and products.
Key Specs:
Found year: 2017
Supported coins: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Tether, and Litecoin.
Minimum Investment: $150
Minimum Payouts: 0.001 BTC.
Payout Frequency: Daily
Price: Plan starting at $0.75 TH/S per month.
Fraud risk: Low
#7) Via BTC
With a share of the hash rate of 8.094%, ViaBTC is one of the top five mining pools. Given that its average pool hash rate is a scorching 22 EH/s, its high ranking on the global BTC leaderboard makes sense.
Its hashing performance and BTC output were remarkably reliable and competitive with the top users of the market during the time we spent using this pool.
Also, the PPLNS payout system charges a nominal 2% commission fee. With regard to PPS payments, ViaBTC will tack on a 4% fee.
Key Specs:
Pool Size: Medium
BTC pool hash rate: 20.32EH/s
Pool fee: 4% for PPS & 2% for PPLNS Payment Method
Minimum payout threshold: 0.001 BTC
Payout Frequency: Daily
Supported Platforms: PC, Web, iOS, Android
#8) Poolin
Branded as “more than just a mining pool”, One of the most recent Bitcoin mining pool operators is Poolin. However, this does not imply that Poolin is among the smallest. The Bitcoin mining pool shot into the top 5 hash rate spots, despite the fact that the platform was only launched in 2018. This was accomplished by a wide range of high-quality services. In addition to its Bitcoin mining pool, Poolin provides hosting services for a variety of ASIC mining devices.
Poolin provides a merged mining feature that lets users mine multiple cryptocurrencies using the same computing power, much like F2Pool does. Furthermore, Poolin provides an auto-switch feature that alternates the hash rate between BTC and BCH based on which can provide the highest mining profitability at any given time. An FPPS payout scheme is used to distribute all rewards, and a 2.5% fee is applied.
Poolin also distinguishes itself from the competition thanks to its customer service. For one-on-one inquiries, a customer service representative is available, and communication between users and Poolin staff is greatly improved by the mining pool’s Telegram community.
Key Specs:
Pool Size: Large
BTC pool hash rate: 23.59 EH/s
Pool fee: 2.5% FPPS
Minimum payout threshold: 0.005 BTC
Payout Frequency: Daily
Supported Platforms: PC, Web, iOS, Android
#9) PegaPool
The top 10 Bitcoin mining service Pega Pool, which is based in the UK, is becoming more well-known. Pega Pool is a part of a network of blockchain and cryptocurrency mining services. Experienced miners make up the team behind the Bitcoin service, which offers the best Bitcoin mining setup for private users.
The Bitcoin mining service sets itself apart from the competition in the Bitcoin mining sector by putting a strong emphasis on sustainability and lowering its carbon footprint. The planting of trees reduces the amount of carbon that is released during the energy-intensive process of mining bitcoin. For miners who use non-renewable energy, 193,913 trees have been planted as of this writing, removing 5,164 tonnes of carbon from the atmosphere.
To maximize the value for miners, it is significant that PegaPool has one of the highest revenue per TH in the sector. Users will only ever pay a 2% usage fee, at most, when using the service. A reduced fee of 1% is offered to miners who choose to take part in the mining service that uses renewable energy sources. The world’s first eco-friendly Bitcoin mining service, Pega Pool is deserving of consideration. It offers incentives to use renewable energy sources and has a program to plant trees to reduce its carbon footprint.
Key Specs:
Pool hash rate: 3.25 EH/S
Pool fee: 1%
#10) Ckpool
Ckpool is a mining pool that can be used without local Bitcoin setup. You benefit from avoiding the costs associated with maintaining a fully functional Bitcoin node that requires a lot of storage. For quick block change notification and propagation, this platform connects to high-speed, low latency Bitcoin nodes.
Key Specs:
Pool Size: Large
Pool hash rate: Not available
Pool fee: 2%
How Do Pools Pay Members?
When you become a member of a mining pool, there are a number of ways your rewards for contributing hashing power can be calculated. All of the payout methods use the term “share”.
A “share” is awarded to members of the mining pool who present a valid partial proof-of-work.
Essentially, the more hashing power you contribute to the pool, the more shares you are entitled to.
Pay Per Share
Pay Per Share, the most straightforward payout method, ensures that the miner will receive payment whether or not the pool discovers the following block. The value of a share is calculated by dividing the reward for finding a block by the amount of hashing power that is most likely required to find it.
Each share is worth.0625 BTC (6.25 / 100) if 100 shares are likely needed to find a block and the reward is 6.25 BTC.
The amount of the payment is based on the number of shares you own and is deducted from the pool’s current balance.
The mining pool operator bears more risk because payment is guaranteed. As a result, the payouts to pool members are lower than in Pay Per Last N Share, which is described below.
The pool operator keeps the transaction fees from each block, which is the last aspect of Pay Per Share. Only block rewards are used to pay pool members.
Full Pay Per Share
Full Pay Per Share (also known as “Pay Per Share +”) is the same as Pay Per Share, with the exception that in addition to the block reward, transaction fees are also paid to the pool members.
Pay Per Last N Shares
Pay Per Last N Shares is a more complex payout that shifts more risk to pool members but also increases rewards.
Pool members are only compensated in Pay Per Last N Shares after a block has been found. Once a block is found, the pool looks at your share contributions for all previous blocks where the pool did not find the block, and this is called a “time window”. All the blocks in a time window are known as a “round”. With the help of these figures, the pool calculates your payout by adding up all of your share contributions for the round.
For instance, if a mining pool searches through 6 blocks before discovering a block, their reward for all the hashing power they provided to the network during the 6 block round is 6.25 Bitcoins (excluding transaction fees). If you contributed 100 shares for each of those blocks and the total number of shares was 1000, then your payment would be .625 BTC or .104 BTC per block.
This payout scheme’s premise is that it eliminates all element of chance and only compensates participants in proportion to their share of the actual revenue generated by the pool. Additionally, despite the fact that mining different coins becomes more profitable overall, this scheme encourages participants to keep mining in the pool. This is so that you know you won’t get paid if you leave the pool before a block is discovered.
It is your responsibility to inquire with each pool using Pay Per Last N Share whether transaction fees are included in reward payouts or not.
Read more: PPLNS VS PPS: Which is the Better Mining Pool Payment Methods
Conclusion: BEST Bitcoin Mining Pools for Bitmain Antminer S19 Series
If they support mining multiple cryptocurrencies, auto-switching algorithms are the best Bitcoin mining pools for Antminer S19 Series. You should also look into the payment options, and the majority of the pools on this list let you select from a variety of options.
Another important thing to consider is fees, which should be the lowest. The possibility of zero-fee mining with Slush Pool’s proprietary Braiins OS software should be taken into consideration.
FAQs
How Much Bitcoin Can An Antminer S19 Mine?
Mining with an Antminer S19 Pro 110 TH yields 0.273 BTC in this time frame, and the S19 XP is just 0.208.
Is Pool Mining Better Than Solo?
While solo mining can generate huge rewards, it doesn’t offer the same reliable income as mining pools do. The frequency with which you receive a payout will probably be higher than if you were mining alone because pool members pool their computing power and increase the likelihood of finding a block.
How Long Does It Take to Mine 1 Bitcoin With S19?
Bitcoin Mining Calculator
Or, put differently, one S19 Pro could mine 1 Bitcoin in 14 months (not accounting for a rise in hash rate over time).
