[2021] Comparison of Ethereum (ETH) mining pools and recommended pools

2021/7/18

Here are some recommended pools from the Ethereum-compatible mining pools.This article is for gamers, creators (video editors), machine learning engineers, individual miners, etc. who own about XNUMX to XNUMX graphic boards (GPU).I would appreciate it if you could use it as a reference when choosing a pool.

(Added in October 2021)
Sparkpool has been closed due to the tightening of crackdowns by Chinese authorities, so it has been removed from the recommendations.

Mining pool selection criteria

Profitability is paramount when choosing a mining pool, but the amount of rewards at a given point in time is not enough to be honest (because you may happen to be digging up a lot for those few days).

Therefore, it is necessary to make a comprehensive judgment from the following viewpoints.The top three are related to theoretical profitability.

  • The size of the total hash rate of the pool (= stability of profit)
  • Pool fee, minimum withdrawal amount (= high reward)
  • How to divide the reward (= high reward)
  • Whether there are other good options

The details of each are explained in the articles below.

ETH mining pool list

Many pools are currently in operation.I have listed the top 10 pools with a sufficiently large hash rate share in descending order of size.

Total hash rate for each mining pool
(Quote:https://miningpoolstats.stream/ethereum
Mining poolHow to distribute rewardsPool feeMinimum withdrawal amount
(ETH)
Hashrate (TH / s) Occupy in the whole
Hashrate percentage
1 ethermine.orgPPLNS1%0.1129.9 26.3%
2 sparkpool.comPPS +1%0.1105.1 21.3%
3 f2pool.comPPS +2%0.144.7 9.0%
4 hiveon.netPPS +0%0.136.3 7.3%
5 beepool.comPPLNS1%0.0827.9 5.6%
6 2miners.comPPLNS1%0.0524.0 4.9%
7 nanopool.orgPPLNS1%0.0521.7 4.4%
8 miningpoolhub.comPPLNS0.9%0.0116.5 3.3%
9 spiderpool.comPPS +1.5%?13.0 2.6%
10 binance.comPPS +0.5%09.7 2.0%
11 ezil.me + ZILPPS +1%0.058.0 1.6%
12 flexpool.ioPPLNS0.5%0.017.7 1.6%
13 poolin.comPPS +1%0.26.6 1.3%
List of ETH mining pools (in descending order of hash rate share: as of July 2021)

3 Recommended ETH Mining Pools

Here are some recommended items from the list above.

Binance pool

  • PPS +the way.The pool fee is 0.5%,Than other poolsCheap
  • Daily rewards will be paid to your account according to the hash rate provided(No need to wait for the minimum withdrawal amount)
  • The pool and the wallet of the exchange are connected with no remittance fee(Can be traded immediately)

The biggest advantage of Binance Spool is that it is connected to Binance, the world's largest cryptocurrency exchange.is.Since you can transfer the dug coins to your account with no withdrawal fee, there is an advantage that you can cash / trade and stake at any time (ETH staking will give you a staking reward of about 5% per year, etc.)

Hiveon Pool

  • PPS +the way.The pool fee is XNUMX%, The minimum withdrawal amount is 0.1 ETH, which is average
  • Withdrawal fee is borne by the management side
  • Invalid shares are also rewardedbecome

This is a pool that is especially suitable for HiveOS users (in the case of HiveOS, if you dig other than Hive on pool, you will be charged $ 3 a month for OS usage).However, it is good enough for a pool.

The interesting thing is that you will also be paid for invalid shares (half of the valid shares).For example, if 98% of the hash rates provided are valid and 2% are stale, you will receive 99% of the reward.

In theory, the reward should be the best in all pools,Profitability rankingThen, I'm wandering around 4-8.Although the remittance fee is an operating burden, isn't it low because they are deducted as operating expenses before the compensation is distributed?I think (is everyone paying the remittance fee?)

FlexPool

  • PPS +the way.The pool fee is 0.5%,Than other poolsCheap
  • Because the remittance fee is paid by the user,Higher mining rewards

I haven't used it, but it's a very popular mining pool when I look at Twitter.

The remittance fee is your own expense, but it is the highest of the three in terms of the amount of pure mining rewards you receive, and it is a good option if you are comfortable with depositing it in the pool until it accumulates to some extent.

It's also interesting to know the user who dug up the block.

Which one to choose

FlexPoolHiveon PoolBinance pool
Supported virtual currenciesETH, XCHETH, ETCETH
(Although it is also in BTC etc., it is not possible with GPU)
Pool fee0.5%0%0.50%
Payment methodPPS +PPS +PPS +
Minimum withdrawal amount0.01 ETH0.1 ETH
1.0 ETC
No payment threshold
(Directly connected to your account)
Withdrawal feeSelf-payXNUMX(Pool bears)XNUMX(Directly connected to the account)
Others・ Higher mining rewards・ Reward for invalid share・ Daily reward payment
・ You can trade and stake
Comparison of ETH mining pools

For gamers, creators (video editors), machine learning engineers, etc. who operate with 1-2 Gravos, the Binance Pool with a small turn is recommended.Spark Pool and Hive on Pool are stressful to accumulate at the minimum withdrawal amount and may not receive fractions at the time of withdrawal.
Cash on a daily basisSteak orIf you want to trade, you can choose Binance.

That point,FlexPool is a minor group that wants to maximize mining revenue (1 or more mining rigs, 8 or more GPUs)It can be said that it is suitable.

Hive on Pool is suitable for small miners using HiveOS (1 mining rig, 3-8 GPUs)Is it for people who have a bad internet environment and get 3-4% stale share?