Bytecoin Mining Pools

Bytecoin is one of the best coins to choose if you want to mine cryptocurrencies. When I’m talking about mining, the most profitable way to do it is to join a pool. The idea of the mining pool is to combine a lot of hash power which will then lead to better performance and fast and frequent rewards. You can also mine on your own and get all the rewards, but this won’t happen very often, as it takes a lot of time and luck. Picking the best Bytecoin mining pool should be your first priority. When you pick the most suitable one for you, you can be sure that your profitability will be at its best. I have given you some tips and hints in this article, regarding BCN mining pools and how to choose them.

General Information
Bytecoin (BCN)

1.00000000 BCN

Total Hashrate: N/A
Difficulty Level: 59202147837.0
Actual Block Reward: 1,506.89 BCN

Best Bytecoin Mining Pools

Your goal here is to find the biggest mining pools and become a member. The easiest way to recognize them is by the hash rate. Joining a one with higher hash rate distribution will bring you security and good earnings. Those pools are stable, provide frequent income and their payouts are with low limits. This is the perfect way to make some money regularly. I have prepared a list with the best Bytecoin mining pools in comparison based on their hash rate, to make your choice easier:

Pool Website Market Share/Hash PWR* Server Locations Reward System Pool Fee Get all Details
40 %
40 %
Asia
USA
EU
  • PPLNS (pay per last N shares)
  • SOLO (solo mining)
0%-0.5%
Read Review
9 %
9 %
EU
Asia
USA
  • PPSL (paid per share lucky)
0%
Read Review
8.1 %
8.1 %
EU
Asia
USA
  • PPSL (paid per share lucky)
0%
Read Review
3.4 %
3.4 %
EU
  • PPLNS (pay per last n shares)
  • SOLO (solo mining)
0%-0.6%
Read Review
1 %
1 %
EU
Asia
USA
  • PPS (pay per share)
  • PPLNS (pay per last N shares)
1%-1.5%
Read Review

*These are variables, which are not constant values.

That is not all. The crypto world is rich in variables that might play a role in your decision. Here I have pointed out the most important factors like the pool’s fee, the market share, the locations of the servers and of course the reward system. You can find more detailed descriptions of them and of other key factors in the article on “How to choose the right mining pool”.

There is something else I would like to emphasize on – the reward system of each mining pool. There are many reward options, and it’s good for you to get familiar with them. Here I have focused on all details related to payment systems – “Mining pools reward systems”.

Another thing worth mentioning is the registration in several pools. I advise you to do that because you never know what might happen. They are connected to the internet and rely at any point on the hardware involved. There might be some dropdowns, malfunctions and more. Be prepared and have a plan B so, if something happens to your first pool, you can switch to your second option. If things there are going bad, jump to the next one. This way you can be sure that the mining process won’t be interrupted.

Mining Pools Without Registration

Giving up private information is no everyone’s cup of tea. I value your privacy, that is why in the table below there is a list with the top Bytecoin mining pools, which don’t require registration. Have a look and feel free to join some of them:

Name Fee Pool Url Worker Password
0%-0.5% eu.bytecoin-pool.org:1111
asia.bytecoin-pool.org:1111
eu.bytecoin-pool.org:1111
YOUR Public Bytecoin Address Any
0% stratum+tcp://bytecoin.uk:8888 YOUR Public Bytecoin Address Any
0%-0.6% stratum+tcp://pool.bytecoin.party:5555
stratum+tcp://pool.bytecoin.party:9990
stratum+tcp://pool.bytecoin.party:6666
stratum+tcp://pool.bytecoin.party:6660
YOUR Public Bytecoin Address Any

Here comes the tricky part, you need to place your worker somewhere visible for the pool. This will help the reward transactions to happen. You register, but you do that on your private PC. Because Bytecoin is mined with ASICs, you need to enter its software and do some copy/paste there. These miners are produced with preinstalled software. Log in and follow these quickstart commands using the pointed parameters for each pool:

Calculating my BCN Pool Mining Profits

Here I have provided you with a Bytecoin mining pool calculator that you might find useful. That is why its interface is so easy to understand. Now, what you need to do? In the required fields enter your hash rate, power consumption, electricity cost, pool fee and click “calculate”. There you have it. Cloud mining profits can be calculated as well. It makes the calculation even faster. Just leave out the power consumption and power cost fields, they are a burden for the middleman.

All the rest of the parameters are adjustable and automatically added. You can change them in order to see results, based on different level of values, like network difficulty or coin price. When calculating any kind of profit in the crypto world, you should be aware, that none of the values you use are constant. You will be calculating, using the current difficulty and current market price, so the results are relevant for that particular moment only.

Mini Mining Profit Calculator
$/BCN

Estimated Income and Profits for Bytecoin Mining

You can adjust the results to show you how much you will earn on daily, weekly, monthly and yearly basis. You can approximately calculate your future electricity cost for mining Bytecoin.

A wise step is to check if the results can cover your costs, especially when I’m talking about cloud mining.

Setting up Your Own Bytecoin Mining Pool

In most situations, mining alone is not profitable. Your hashing power alone can’t really compete with the combined one used by mining pools. There you have certain income and 100% success of finding a new block. It is even better and more lucrative to make one You’ll be getting a part of the mined reward and on top of that, you can collect fees from your miners. Another good thing is that you’ll be contributing towards a decentralized network. Creating a pool is not that easy, but it isn’t rocket science either. The main part of the equation is the VPS, or Virtual Private Server. For it you need a few essential details:

Step by Step Video Guide for setting up Your own Bytecoin Pool
Minimum Requirements
  • Dual Core CPU
  • 4GB of RAM
  • 300GB of storage space to keep the blockchain
  • Unlimited bandwidth traffic (Usage traffic depends on how many users there are; another thing is the full-node block synchronization)
  • A public IP address that’s static

In case you find that too difficult or too expensive, you can always rent VPS. You just rent the server, install your pool’s software and start mining.

That is a convenient way to pass by the hardware installations, electricity bills, eventual downtimes and bandwidth.

Bytecoin Pool Distribution by Countries

Bytecoin is mined with ASICs. Those miners are manufactured in Asia. BCN mining pools are located mainly in China, as most of the coins which can be mined with ASICs. The distribution of that coin’s network and the hash rate is mainly in Asia. The cheap electricity there makes the location perfect for mining. As mentioned earlier, ASIC producers are based in China too, so their own pools are therefore local. Even if your hardware is located in some other countries (eg. EU, USA), the networks are always pointed at the biggest pools in China.

Pool Distribution (calculate by blocks) Mining pools for Bytecoin with the biggest market share (pie chart)
Pool Hashrate Share
40%
9%
8.10%
3.4%
1%
38.50%

History and Future of Bytecoin Mining Pools

The coin and everything related to it, like the mining pools, started their existence in 2014. The coin had upgraded several of its features in time, like several security updates and multi-valued transactions. The code was rewritten and forked a few times. All of these changes affect the BCN mining pools, as they have to adjust to all that.

The coin and its pools are prepared for the so-called 51% attacks. The team behind it is working day and night in that direction. VARDIFF can be used as well as the SSL and TLS options for secure Bytecoin mining. Other changing and upgrading feature is the hash rate distribution. Everything is done in order to implement fast and secure transactions at any time and from everywhere.

FAQ

What is the reward for finding a block?
At the moment is 1679 BCN.
Is it possible to use a hash rental or cloud mining for Bytecoin?
Yes, some hash rental services support Bytecoin mining, cloud providers like NiceHash and Genesis mining support Bytecoin too.

Alexander May

With consistent industry knowledge and a proven track record in implementing strategic mining pool diversification strategies, Alexander is a passionate supporter of cryptocurrency mining. He stands behind the idea of building decentralized economies to alleviate global inequality.