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
One of the top websites to use to create a bitcoin wallet is Binance. More than 150 cryptocurrencies are available for trading on its platform. Additionally, it offers an API that enables you to integrate your existing trading software. Numerous tools for online cryptocurrency trading are available through this application.
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
One of the best bitcoin mining pools is F2Pool, which can be used to contribute processing power to finding blocks. You can trade bitcoin using apps for iOS and Android, as well. English, Spanish, and Chinese are just a few of the languages that are supported by this platform.
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
One of the best bitcoin mining pools, Pool BTC allows you to generate income with little effort. Spanish, Russian, French, Japanese, and more are among the more than ten languages that it is available in. Federal Personnel and Payroll System, the platform’s own payment system, is used to process payments.
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
You can view the current status of miners using ViaBTC, a Bitcoin, Bitcoin Cash, and Litecoin mining pool. This site offers multiple mining forms and settlement methods. It has an easy-to-use dashboard that displays information on the miners and hashrate of the mining pool.
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
With the help of the mining pool Poolin, you can quickly and easily invest in cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and ZCash.
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) Bw
BW provides a pool for mining cryptocurrency. It enables you to trade for Bitcoin without any hassle. Additionally, this platform supports additional cryptocurrencies like Bitcoin Cash, Ethereum, Litecoin, and others. This crypto trading app allows you to perform instant transactions from iOS and Android devices.
Key Specs:
Pool Size: Medium-Large
Transaction Fees: 0.2%
#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
BTC 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.
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).
