Best Ethereum Mining Pools [2024 Updated List]

Ethereum is the second-largest cryptocurrency in the world after Bitcoin. This year, Ethereum has increased in value, making it a more profitable mining option that will yield substantial returns. If you have dedicated ETH mining hardware, joining a mining pool is a profitable approach for you.

The multitude of Ethereum mining pools available online can make it difficult to choose the most relevant mining pool for you. That's why, for a month, we have been using dozens of mining pools dedicated to Ethereum. We tested, analyzed, and mined the coins and finalized our study with the top 10 Ethereum mining pools. Here, we will discuss them and help you choose the best Ethereum mining pools for more profits, efficiency, and optimal performance to maximize your mining rewards.

What are Ethereum Mining Pools?

The Ethereum mining pool is a dedicated platform where multiple miners can collaborate and share their resources and earnings. These platforms help mining professionals use the collective computational power of their ASIC miners and add blocks to the blockchain network seamlessly.

To start mining your Ethereum, you need to invest your money in AISC mining machine. That dedicated machine will help solve complex mining tasks with strong computation power. Additionally, an Ethereum wallet is also essential for securely collecting, sending, receiving, and managing your coins. Once you have met both requirements, joining a mining pool is the last but the most important thing you should do for high profitability and adequate returns.

How to Choose the Best Ethereum Mining Pools

If you are planning to mine an Ethereum with pool mining, consider these key factors to make a better decision:

• Pool Size: A large pool can help you mine more coins. But due to many miners, it also gives you smaller amounts of payouts. 
• Fees: Pools usually charge 1%-3% in management fees.
• Payouts: Before turning a crypto mining pools, check out how payouts are calculated, including transaction fees and block rewards.
• PPS: This payment method offers fixed income, but you may have to pay higher fees.
• PPLNS: In this payment scheme, users are paid based on shares within a specific window, including transactions and uncle rewards. But it is less predictable.
• PPS+: A pool mining with PPS+ functionality provides PPS and PPLNS features to cover all rewards.

Top 10 Mining Pools for Ethereum in 2024

In this section, you can check out the best Ethereum mining pools with their detailed specifications. Exploring these highly-rated tools will help you select the optimal pool to maximize your mining performance and returns. Here we go!

Ethermine

Ethermine is the most popular Ethereum pool mining software in the world. It allows users to mine their coins anonymously with a real-time PPLNS payment scheme. It has the largest number of miners, accounting for more than 20% of the entire Ethereum mining network.

You can participate in this pool, but you are required to pay a 1% fee to support the maintenance and infrastructure of the pool. Etheremine is a multiple-purpose platform where you can mine other cryptocurrencies such as Ethereum Classic, Zcash, Beam, Ravencoin, and Ycash.

F2Pool

F2Pool is one of the oldest ETh mining pools. It supports cryptocurrencies such as Litecoin, Ethereum, Bitcoin, and others. This platform uses the PPS and PPS+ payment schemes, with a 2% fee and a payment threshold of 0.1 ETH. Crypto mining machine users can monitor their accounts seamlessly through their dedicated Android and iOS apps.

SparkPool

SparkPool is the third-biggest Ethereum mining pool in the world. It primarily focuses on providing a dedicated platform to mine Ethereum and Ethereum Classic. The pool uses the PPLNS system payment method that helps miners share their rewards and coins efficiently among miners based on their contributions. SparkPool has a minimum payout of 0.1 ETH with a 1% fee.

Nanopool

Nanopool is a focused ETH mining pool to mine Ethereum and other cryptocurrencies such as Ethereum Classic, Zcash, Raven Coin, and so on. This is one of the preferred platforms for ASIC mining users, with a 1% free rate. It follows the PPLNS payment scheme to distribute earning equality among miners based on their mining efforts.

Hiveon

Hivon is one of the most heavily used mining pools in the world. It has special mining capabilities to mine Ethereum securely with other miners. This platform offers zero commission charges and uses the PPS+ payout distribution model many times a day. Users can start their mining effortlessly with this crypto mining software, which has an easy-to-use interface and provides stability.

2Miners

2Miners gives you a guarantee to mine your Ethereum cryptocurrency. The platform uses the free NANO payment method, making it ideal for micropayments. It takes a 1% commission with a PPLNS distribution model and rewards among miners based on each miner's contribution.

Zergpool

Zergpool is a versatile mining pool that supports a wide range of cryptocurrencies. It is an ideal solution to mine Ethereum, Litecoin, Bitcoin, and many other cryptocurrencies. It offers the best crypto mining user-friendly interface that helps novice and experienced users perform their mining activities. Its flexibility helps miners easily switch between various cryptocurrencies.

Kryptex

Kryptex is a well-known platform for mining Ethereum cryptocurrency. It comes with a variety of features and functionalities that make mining with a group easier. With its interactive interface, this crypto mining software shows you your expected earnings, calculation power, and other essential options. You can withdraw your ETH coins and transfer your money directly to your bank.

Cruxpool

Cruxpool is an Ethereum-based mining pool that also supports multiple cryptocurrencies. This software is known for its reliable support in ASIC mining. That empowers you to perform your mining task easily. It offers detailed statistics to analyze your progress. Cruxpool follows the PPLNS payment method that depends on the cryptocurrency to make your distraction precise and accurate based on the cryptocurrency you mine.

Cudo Miner

Cudo is a versatile cryptocurrency mining platform that enables collaborative mining of Bitcoin and Ethereum. This crypto mining software has helped more than one lakh people earn new coins. It comes with a cloud mining feature that gives you the ability to mine your Ethereum without the need for physical hardware.

Last Words

Ethereum mining is dedicated mining that helps miners earn new coins with robust security and support. As we discussed the top 10 Ethereum mining pools. We hope this guide encourages you to select the most relevant Ethereum mining software for you. Ethereum mining increases your chances of earning rewards and new coins. You can join any of the above-mentioned Ethereum mining pools to start your mining with a group. This will sure increase your profit.