Best Free Ethereum Mining Sites in 2020
Ethereum is the second-largest cryptocurrency. It is only second to Bitcoin. Ethereum has rapidly increased in popularity among holders, as all decentralized ecosystems and applications can be built on top of its blockchain. The following free mining sites listed below have been rated best for the year 2020.
Sparkpool tops the list of mining pools as it mines approx. 30% of all ETH. It offers a very easy way to mine anonymously with no signups. Some of the other extensive features for its members include direct deposit of the profits in the user’s personal wallets. It runs with a 6% profit since it is the largest mining pool on the Ethereum blockchain. It offers self-holding private keys where different coins need to configure different mining addresses, thereby allowing everyday rewards to be sent to the user’s address directly. It provides a seamless mining experience and comes with a dashboard that clearly displays real-time hash rate, miner, and rewards.
Ethermine is one of the oldest as well as the most established Ethereum mining pools. They regularly find new blocks.as they are the world’s highest-performing Ethermine mining pool. Ethermine is a pool of ETH run by the common administrator as Ethpool. It offers a PPLNS mining system to include users who prefer the pool instead of solo mining. Its usage is easy and it works really well due to which it is the most profitable mining pool. Its feature includes an instant payout as soon as a user reaches his configuration payment threshold.
F2pool is the most well-funded, as well as one of the largest Ethereum mining pools. They have a team of dedicated developers, which makes their mining software very efficient and high quality. They have a transparent reporting mechanism, and their advanced technology prevents DDoS attacks.
Spiderpool is a new entrant in the domain of the Ethereum mining pool. It has large stable partners includes Huobi Global, Node Capital, XFX. Its primary drawback is that it is the Mandarin language only pool. Thus, if one cannot speak or read Mandarin, one can use Google translate, but that leaves an iota of errors with translation. It has a nice mobile app that enables users to monitor performance.
Nanopool is the 5th largest Ethereum mining pool. It focuses on providing a great product over a flashy one; thus, it is minimalist with a basic UI and a nice API. It has decent support and has regular payouts. It is nicehash compatible and apps in both iOS and Android.
6. Hiveon Pool
Hiveon pool is the most profitable and efficient mining pool. The users receive guaranteed high-profit payouts with their PPS+ payout model. Payments are made for every valid share sent to the pool, and the joining date on Hiveon is immaterial. This effectively means that users will still get rewards for the valid shares that they submit whether they joined the same day or two weeks back. They have a low minimum payout threshold of 0.1 ETH, so the user does not have to wait too long between payouts.