5 Best Ethereum Mining Pools 2022

This post will show you the 5 best Ethereum mining pools which give payouts fast and have minimum fees. 

There are many Ethereum mining pools, so miners usually get confused about which one to choose. So the best mining pool is those who have the fastest payment methods and have the highest Hashrates.

The Hashrate distribution also plays a significant role in so you can also consider the Hasahrets while choosing a mining pool. So more Hasrates means the fastest way to find a block.

A mining pool usually distributes mining rewards, so I’m emphasising choosing the most rewarding and cost-effective Ethereum pool.

Mining Pool	Server Location	Reward System	Fees	Website Link
	USA, Europe, ASIA	PPLNS (pay per last n share)	1%	Visit Website
	Global	PPS (pay per share)	2%	Visit Website
	USA, Europe, Russia	PPS (pay per share)	0%	Visit Website
	USA, Europe, ASIA, Australia	PPLNS (pay per last n share)	1%	Visit Website
	USA, Europe, ASIA, Brazil, Australia	PPLNS (pay per last n share)	0.5%	Visit Website

So I tested all the five best mining pools for one week for each mining pool.

TOP 5 BEST ETHEREUM MINING POOLS

So here are the list of 5 best mining pool for Ethereum:

Ethermine

Ethermine is the world largest Ethereum mining pool that provides the highest performance for miners to earn more. They are consistently improving their service, which is a good sign for miners. With Ethminer, you can also mine different cryptocurrencies like Ravecoin, Ethereum Classic, Beam, Zcash.

They provide instant payouts and have very minimal fees of 1%.

• Payout Method – PPLNS
• Fees – 1%
• Server Location – USA, Europe, ASIA
• Payout Threshold – 0.1 ETH

F2Pool

F2pool is also the largest Ethereum and Bitcoin mining pool. 

F2pool has almost 20% of Hashrates to find a block. The payout threshold is 0.1 ETH. With F2pool, miners can mine many cryptocurrencies like Zcash, Verge, and many other coins.

• Payout Method – PPS
• Fees – 2%
• Server Location – Global
• Payout Threshold – 0.1 ETH

Hiveon

Hiveon is the most efficient mining pool for Ethereum. The dashboard of hiveon is very user friendly. They provide daily payouts when you reach a certain threshold. Hiveon does not charge any transaction fees. Also, the great thing about hiveon is that mining pool fees are zero. No company provides zero fees for mining pools. Its server is also available in different locations. 

• Payout Method – PPS
• Fees – 0%
• Server Location – USA, Europe, Russia
• Payout Threshold – 0.1 ETH

Nanopool

Nanopool is the oldest mining pool for Ethereum. The Nanopool will be best for a small miner because you can choose a minimum threshold of 0.05 ETH. For a small miner, it’s essential to choose a mining pool with the lowest minimum threshold.

Nanopool dashboard is so good that it can estimate per month earnings. This helps me to maintain my mining profitably.

• Payout Method – PPLNS
• Fees – 1%
• Server Location – USA, Europe, ASIA, Australia
• Payout Threshold – 0.05 ETH

Flexpool

Flexpool is a well-designed mining pool that is easy to understand. With Flexpool, you can only mine Ethereum and Chia. Comparing it with Nanopool, the Flexpool provides a very low minimum threshold of 0.01 ETH. 

If you are a Binance user, you can choose a Biniance mining pool for Ethereum and Bitcoin mining.

• Payout Method – PPLNS
• Fees – 0.5%
• Server Location – USA, Europe, ASIA, Brazil, Australia
• Payout Threshold – 0.01 ETH

Ethereum Pool Distribution

There are almost 80+ Mining Pools for Ethereum, and every mining pool contributes some amount of Hasahrets to find the block. 

If any mining pool has 50% Hashrates, it will be called a centralized system because all the Hasharets are controlled by only one mining pool, which is not suitable for a Proof-of-work system. 

Below is the pie chart of Ethereum mining pool distribution. 

As you can see, most Hashrates are covered by Ethermine and F2pool, the largest mining pool for ETH.

Most small mining pools cover 2% to 1% of total Hashrates. 

Conclusion

Finding the best Ethereum Mining Pool is very easy to find. You have to make sure that the mining pool has a minimum threshold with very minimal fees. You also have to check the server location and choose one which is near to your country. 

I will suggest you go with F2pool and Ethminer if you have more than 10 GPUs. Or if you have less than 5 GPUs, then go for Nanapool, Hiveon and Flexpool because the threshold matters very much for small miners.

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