Bitcoin Gold Mining Pools

A key thing to look for when picking a mining pool is the hash rate, as it shows the speed of solving a block’s code. If the hash rate is higher, you will be solving the blocks faster and thus get rewarded more often. When combining your hash rate, everybody, who participates in the mining, gets paid. I want to help you with your choice, so in the following table, I’ve included the best Bitcoin Gold mining pools in comparison. You can also see their reward systems, market shares, fees and location:

The coins you decide to mine are based on different algorithms, which are compatible with different platforms and software. Be careful with your choice, as it’d be useless to mine Bitcoin Gold in a pool that doesn’t operate with the Equihash algorithm.

To learn more about the different parameters that might influence your decision, visit my guide on how to choose the right mining pool. The reward systems are also an important feature, as your payout will depend on them, so take the time to read the Mining pools reward systems guide I have prepared.

A tip for 24/7 mining is to register not in just one, but a few more mining pools. If something happens to the first one, you can automatically switch to your next option and so on, and ultimately avoid any interruptions.

Mining Pools Without Registration

Some Bitcoin Gold mining pools require a registration. Whatever you include when setting up your account will be used for statistical purposes for the network. However, some of you might not want to give out personal information to the pool, and there are some that don’t require it. You still register, but in an installed software on your PC so you can completely avoid logging into any website. Here you can see a list of the 3 best free-of-registration pools for the Equihash algorithm:

In order to join one of those mining pools you just open the software of your machines and type in or copy/paste the the URL and enter your wallet address.

Cryptocurrency prices are constantly fluctuating, making it difficult to predict your mining profit. The calculator is here to help you estimate it right before you join a Bitcoin Gold mining pool. The results are based on the current values of difficulty and market price and are never constant. To make the calculation, just enter your hash rate, electricity cost, power consumption, pool fee and press “calculate”.This tool is useful for estimating BTG cloud mining earnings as well. In this case, you need to leave the power consumption and power cost fields empty. You can also manipulate all the parameters, in order to see results based on different variables.

The output will show you your calculated incomes – hourly, daily, weekly, monthly or yearly. You can also see how much coins you are going to mine and how much money you will spend for electricity costs. Always make sure your earnings are higher than the costs.

The idea behind setting up your own Bitcoin gold mining pool is to increase your income. The owners take part in the reward first and split the rest among the participants. More active pools will also help for a more decentralized network. Nevertheless, creating one yourself won’t be simple, but I’ve prepared a list with the minimum requirements – VPS with:

Mining is widely spread and many of the servers are usually located in countries with low electricity costs. It is a good idea to check where the pool of your choice is based, before joining it. Some of the best ones are located in countries, producers of mining gear, and a clear example of that are most of the ASIC manufacturers with pools in Asia. If you are far from your server, you might experience slower response time and poor connection. This is what the Bitcoin Gold mining pools distribution looks like:

Pool Distribution (calculated by blocks)

Pool	Hashrate Share
Mining Pool Hub	61.6%
Suprnova.cc	20.6%
2miners	8.4%
Btg pool	6.7%
Coinblockers	2.4%
Other pools	0.3%

History and Future of Bitcoin Gold Mining Pools

The founder of BTG also has a company, selling mining gear like GPUs and ASICs. Jack Liao with five developers, had invented this amazing network into the crypto world. The mining pools are developing accordingly, in order to help miners profit as much as possible.

A new difficulty adjustment was implemented to prevent big miners from affecting the difficulty in a pool and earn more on others’ behalf. The replay protection prevents double spending actions, similar to Bitcoin. This feature protects the user from broadcasting one transaction into both networks. The separation happens automatically with a change in the algorithm.

This network had suffered a 51% attack, just like many others. Since then, the developers are planning to change the PoW again. Their idea is to fill the network with more individual miners, than big corporations. This way the attacks will be useless. Another goal is to make the algorithm more ASIC-resistant. Implementing of Lightning Network and P2Pool is planned.