Bitcoin News Journal

List Of Bitcoin Mining Pools


As you know bitcoins are produced by solving a complex algorithm. Whichever computer / miner solves the problem first receive his stash of Bitcoins. In order to solve bitcoin algorithm, a huge amount of computational power is required. Since a block is awarded to single person, it is nearly impossible for a single person to achieve a block. Pooled mining allows a lot of different people contribute to generating a block, and the reward is then split among them according to their processing contribution. You receive smaller, more frequent, steadier pay-outs in pooled mining, depends on your processing power. If you have a CPU or a GPU miner, then pooled mining may be the only way that you will ever mine any bitcoins at all.

Personally i use Slush’s Pool and BitMinter. You can also check our previous post on hot to mine bitcoins on your pc.

Following is the list of some of the popular pools.

Name Location Forum Website
50BTC Germany/USA/Russia link link USA link link
BitArena Romania link link Czech Republic link link
BitClockers USA/Europe link link USA link link
Slush’s pool ( France link link EU link link
Bitparking USA link link
BitMinter Germany link link
BitPenny USA link link
BTC Canada Canada link link
BTC Guild USA/Canada/Europe link link
BTC Oxygen Europe link link
BTCMine UK link link Germany   link
BTCWarp USA link link
CoinLab Protected Pool USA link  
Coinotron Poland link link
DeepBit Germany link link
Eclipse Mining Consortium USA/Europe/Australia/Asia link link
Eligius Germany link link
Horrible Horrendous TT USA link link
Mining Team Reddit (MtRed) USA/Europe   link
MaxBTC USA link link
NMCBit USA link link USA/Europe/Australia link link
P2Pool Earth (P2P) link Russia   link
PolMine Poland link link
Triplemining Europe link link Russia link link Russia link link Kazakhstan link link

Pools listed above has very good reputation in bitcoin community and you can join them without any doubt. How can you be sure the pool owner doesn’t steal all your bitcoins? You can’t. However, as one pool owner, Slush, notes:

In theory, as the Bitcoin pool operator, I could keep the 25 BTC from a block found by the pool for myself. I’m not going to do this, but I completely accept that people do not trust the pool operator. It is their freedom of choice, and Bitcoin is about freedom.

Also check What Is Bitcoin – A Beginners Guide


Comment ( 1 )

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  1. Norman Moore August 13, 2013 Reply

    Can you please add to your list of pools. Thanks.

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