old-school GPU miner switching to BTC ASIC top mining pool

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tomledgerMember
Posts: 9 · Reputation: 80
#1Oct 26, 2022, 08:59 PM
Hey everyone I'm curious about which BTC mining pool is currently the most popular. When I checked out this site, it mentioned that Foundry Digital is the biggest pool right now. What do you guys recommend for someone who's just starting out?
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coin_sigmaLegendary
Posts: 1275 · Reputation: 5553
#2Oct 27, 2022, 03:06 AM
Actually, I never heard of this website before. The miningpoolstat is sorted with hashrate which is why this foundrydigital site takes the first position. I suggest better don't mine on that pool try viabtc.com or slush pool. Or another pool listed on miningpoolstats. I won't take any risk mining on a not well-known pool and possible manipulated hashrate.
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HyperGweiSenior Member
Posts: 248 · Reputation: 1006
#3Oct 27, 2022, 06:52 AM
case speaks
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stack51Hero Member
Posts: 541 · Reputation: 3218
#4Oct 27, 2022, 09:42 AM
Really, you have not heard about "Foundry "before? they have been the largest mining pool for many months, there is no manipulated hashrate here, they found the most blocks and thus they are the largest pool, however, their pool unlike most others isn't public, it's only for large miners, I think the minimum they require is 50ph or so. OP, you need to first decide whether you want PPS or PPLNS payments, after that, picking the right pool isn't difficult at all.
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SwiftOrbitSenior Member
Posts: 540 · Reputation: 1604
#5Oct 27, 2022, 07:37 PM
I wonder why you would choose a pool because it's "popular". Even if it's the largest Foundry probably is the least popular since is a closed one and a newbie won't be able to get in anyhow. Rather than going for popular or anything else go for the fees, and payment structure, see if they have extra options to mine the best earning coin, auto exchange to protect you from fluctuations if you're the $ guy, everything you consider to be good or bad and don't forget to test your connection to it, with so little info given god knows if you're not on the other side of the globe from all of the servers, I've seen almost every kind of problem around here so that wouldn't amaze me one bit.
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WildGuruFull Member
Posts: 77 · Reputation: 559
#6Oct 28, 2022, 01:57 AM
It really depends on what you want. You need to first decide the kind of payout that you're more comfortable with. Here are some definitions: Basically they all are on a scale from solo mining where you get 100% of the rewards when you find a block(and nothing otherwise), up to small payouts for every share for a more stable payout over time. Here are some pools: There's also ckpool solo if you want to solo mine. There's a 2% fee there.
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wizard365Member
Posts: 16 · Reputation: 105
#7Oct 28, 2022, 05:24 AM
You may want to stay away from the popularity contest so hash doesn't become too concentrated into a pool.  Always best to spread it out to mitigate 51% attack concerns; this is a good mindset to have.
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