Your Friendly Neighborhood Bitcoin Mining Pool

  • In the study, we included 16 major Bitcoin mining pools with 80 stratum server locations across 11 countries on 4 continents.
  • The data shows that Asia, North America, and Europe is where almost all stratum servers reside, with 1 pool and 1 stratum server representing Australia.
World map of Bitcoin mining pool stratum server locations

World map of major Bitcoin mining pool stratum server locations. The Chain Bulletin Bitcoin Mining Map

16 major Bitcoin mining pools control 80 stratum servers across 11 countries on 4 continents. If you are looking to get into Bitcoin mining, this data will certainly help you to wisely choose which pool you want to join.

For this research, we have included only major Bitcoin mining pools that have at least 0.2% of the total hashrate output of the network. These currently include (in descending order of percentage from total network hash power):

  1. BTC.com (16.58%)
  2. F2Pool (15.31%)
  3. Poolin (14.53%)
  4. Huobi.pool (10.39%)
  5. AntPool (9.19%)
  6. ViaBTC (5.81%)
  7. 1THash&58COIN (5.72%)
  8. Binance Pool (5.3%)
  9. OKExPool (5.16%)
  10. BTC.TOP (3.52%)
  11. SlushPool (2.22%)
  12. NovaBlock (0.88%)
  13. OKKONG (0.58%)
  14. SpiderPool (0.43%)
  15. Sigmapool.com (0.24%)
  16. WAYI.CN (0.23%)

We have excluded Lubian (3.85%) from the study since they have failed to respond to our multiple requests for mining setup info. The above data is taken from The Chain Bulletin’s Bitcoin Mining Map and represents the period between September 25 and October 9 (14 days).

All of these pools are fighting for clients since their business model is based on fees. Thus, the more servers across the globe a pool has, the better its chance of gaining new customers.

World map of Bitcoin mining pool stratum server locations
World map of major Bitcoin mining pool stratum server locations. The Chain Bulletin Bitcoin Mining Map

Naturally, many of the pools use the same data centers to host their stratum servers, so clusters of them can be found in major technological hubs across the globe, including Hangzhou in China, Frankfurt in Germany, and Ashburn in the United States. For information about each cluster’s stratum servers and the methodology we have used to pinpoint the locations of these servers, visit The Chain Bulletin’s Bitcoin Mining Map.

Though best available data shows the overwhelming dominance of China in terms of bitcoin network hash power, when it comes to mining pool stratum servers, the U.S. slightly edges ahead.

Country-specific bitcoin mining pools locations
Number of major bitcoin mining pools and stratum servers in countries around the world. The Chain Bulletin Bitcoin Mining Map

In terms of specific choices, here’s a few suggestions:

  • If you are in Australia, go with AntPool. They are the only major pool that have a stratum server there.
  • If you are in Japan, SlushPool might be a good choice, being the only major pool to have a stratum server in the country (Tokyo), though the cluster in Hangzhou, China is not far away.
  • If you are in the UK, AntPool might be the best choice, though the cluster in Frankfurt is not far away and there are other options in Amsterdam as well.
  • If you are in South America, then mining pools with servers on the east coast of the U.S. are the best options. These currently include BTC.com, F2Pool, and Poolin, among others.
  • If you are in Africa, servers in Europe are your best bet. The cluster in Frankfurt hosts servers for many of the major pools, including BTC.com, F2Pool, Poolin, Huobi.pool, and Binance Pool, among others.
  • If you are in China, the options are countless. Almost all major pools have servers there.
  • If you are in the United States, it depends on which coast you are closer to and whether you live in the north or the south. All servers there are located either on the east or west coasts, though east coast servers are all in the north.

All that being said, your decision to join a specific pool should not be one-dimensional i.e. location-based only. There are many other factors such as pool hashrate dominance (how often the pool will find a block and get rewards), fees, pool respectability, pool reliability, pool history, etc. However, location is very important as well.

Continent-specific bitcoin mining pools locations
Number of major bitcoin mining pools and stratum servers in continents around the world. The Chain Bulletin Bitcoin Mining Map

Connecting to a specific mining pool’s stratum server is usually an easy task. Most pools have public guides on mining setup that list all of their locations. For example, this is F2Pool’s “how to mine bitcoin with us” guide. You can usually find other major pools’ mining setup guides by googling [pool name] “stratum” (with the quotes). Keep in mind that some of the pools require login before they show miners how to set up their hardware.

Discussion
Related Coverage
Bitcoin’s Rise in The Central African Republic
  • While not the largest countries in the world, CAR and El Salvador’s decision to legalise Bitcoin will surely have an effect on the rest of the world.
  • With the rise of Bitcoin, more and more crypto-based platforms will increase their popularity and improve the industry’s potential.
May 19, 2022, 8:56 PM

Shutterstock

The New COVID Variant and Market Reactions – What Does it Mean for Bitcoin
  • A typical store of value would outperform riskier assets during moments of recession fears. Bitcoin has historically done the opposite.
  • Given the performance of cryptocurrencies during fearful markets, their place in a portfolio is the one for high-risk, high-reward assets.
Founders of South African Crypto Firm Go Missing With Billions in BTC
  • Back in April, the two founders informed investors the platform had suffered from a hack, but asked them not to report the incident to the authorities.
  • Shortly after the incident, all contact was lost with the two brothers, and there was no trace from the platform’s 69,000 Bitcoins.