How To Choose the BEST MINING POOL

[@markizano]

Also might recommend we keep the hashrate decentralized. Try to pick a pool that isn't top of the list or the one with the most hashrate of the network. Give some of the smaller pools some love too!

[@RedFoxCrypto]

Really good call! Thanks brother!

[@magiclucky5152]

@@RedFoxCrypto That was part of my reasoning in choosing Flexpool. 0.5% PPLNS. And, all the advantages RFC describes in this video that apply to Ethermine, similarly apply to Flexpool. Minimum payout is 0.01 ETH...but I just set a much higher target to not have as much to track for taxes and set a low Gwei target. Must be beginner's luck because I didn't know if I was using the right logic to select a pool. I thank you for creating this video to confirm I'm on the right track.

[@chadisleiman4195]

Kinda the reason I ended up choosing nanopool. Just started mining a few days ago on my 2 gpus! Love it

[@olliesacoustics]

I'm on Ethermine for Eth, 2miners for Rav & Ergo, unmineable for some sneaky Shib and whatever the developers set it to for my DUCOs ! Love your work man

[@Carlos-C]

I’m happy you touched on the tax planning implication of payouts. I feel like taxes are so overlooked in the mining influencers space. You should make a dedicated video on your tax planning, what software you use to track, etc. I always wondered what happens if you mine ETH when it’s valued at $3,200 and don’t liquidate, then tax season comes around what if eth tanked? Do you still pay taxes at the $3,200 income basis? Makes it seem like holding eth from mining is risky when considering taxes.

[@RedFoxCrypto]

You're 100% right. You owe tax on the price it was when it hit your wallet. It's really important to track all that stuff over time so you can make smart decisions.

[@billlam7756]

So overwhelming. I still report what I do but I ain't gonna go all crazy about it. Just use common sense

[@filthyfakeprophetmohammedr2451]

Cia puts people in jail 4 not paying taxes pay uncle Sam stay free

[@blinkbb1223]

Great as always and not the same content every mining channel keeps spitting out. Thanks for thinking outside the box

[@stevecrabb1]

Absolute gem of a video. Thank you. I use 2miners at the moment, started with hiveon but the ping time was terrible. Also with 0.1 ETH as the payout minimum, if you are starting small it's a long time to see anything for your efforts.

[@RedFoxCrypto]

Hey thanks man! I really appreciate that. Always learning myself and trying to spread the knowledge.

[@chadisleiman4195]

What do you consider a terrible ping time? Because I have between 140 and 190ms ping on nanopool rn but have yet to get any stale shares. Any thoughts?

[@MiningOffice]

Really great explanations dude!! Very helpful video as always

[@SkantaSWTOR]

We did tests between PPS+ and PPLNS over a period of a month and found PPLNS pays out about 4% more.

[@mlodyamen]

Your test must be flawed. PPS+ & PPLNS will pay the same amount in the same period with the same variables if they're implemented correctly to pay a fair share.

[@SkantaSWTOR]

@@mlodyamen usually that is not the case. Since a pool takes on risk with PPS+. If they don't find a block, they stille have to pay the miners. With PPLNS the risk is with the miner. Most of the times PPLNS will pay out slightly more. I am not the only one to reach that conclusion. My test went as follows: i used 2 rigs with 8 1660 supers. Both at the same adress. One to ethermine, one to hiveon

[@ricks2907]

I’m. A new follower and just starting in the. ETH mining pool under a specialty contract I was sponsored in and became a full member. This month I started with $40,000 and it grew to 68,000 in about 5 weeks. Profit I had to transfer in $10,000 to pay capital gains taxes which too a full 8 days. I had to freeze my profits so I could cover the taxes on what profit I had made. I don’t know how long it will go but today I will begin to make profit finally. Love your video and that mic looks cool. I just got the Townsend labs modeling stereo mic Now I just need to get the Mac mini and monitor LG 24”. Working. But that’s another story haha. Cheers friend Ricky 💃🕺🏼🎶🐈‍⬛🎸💥🥷🇺🇸

[@recoverycryptoworld-telegr9274]

This amazing company. Put my mind at rest and everything is successful. THANKS 🙏

[@Patricia-Robert]

I would rather see my taxes go to this guy than many other public agencïes. This guy should have his own scammer trolling army, before long there would be no scammers. Thank you for your service! *AssistVictims*

[@frikitonxplosion]

I chose 2miners because it allows me to get paid in Nano or BTC, to avoid the ETH higher gas fees. 2miners for ETH/BTC/XNO/ERGO and This is great for us small-miners. Really liking nanopool and metapool for Alephium dual-algo mining

[@thomastran2432]

Yooooo. Needed this video hahah

[@afrominer7324]

Ethermine for Eth, Flypool for RVN, Flypool for ERGO. I love to keep all in one dashboard. Also erhermine was always hitting a crazy number of blocks. One time the hit over 100 eth in one block while RPM was streaming live.

[@oSTYNCLSYo]

2miners has the record for a solo block. I believe it was 127 or higher.

[@CreatorCrazy3s]

with the current it will consume every day it is worth starting i have gtx1650 4gb and ryzen 7 5800x?

[@slickeries5546]

Very professional videos, keep up the good work Red Fox!

[@BizWithBruce]

Hi Mike. Nice video. I made a similar one a week ago. And yes Ethermine came in 3rd place and hiveon was 11th place.

[@RedFoxCrypto]

Oh nice dude! Thanks for watching mine.

[@BizWithBruce]

@@RedFoxCrypto i watch all of yours from start to finish all the way.

[@rurouni168]

Thank you bro! Glad you made this video

[@01domcyr]

that explanation of pool payment is probably the first time banks were useful in the past 4-5 decades

[@RedFoxCrypto]

Hahahahaha love it dude. Thanks for watching.

[@OutOfNameIdeas2]

Flexpool for lower amount of stales and lower fee. I also use Linux over Windows for that 5-8% hashrate gain.

[@OutOfNameIdeas2]

@Arimizu yeah you pay the gas when you withdraw. It's like ethermine. But you can set a lot of parameters like maximum gas you want to pay and minimum automatic payout amount.

[@cyborg6294]

With linux you get more hash than with windows?

[@liammcinnis8750]

@@cyborg6294 in my experience with AMD cards specifically Navi cards I have had more hash in windows consistently. Switched to hive though because of stability

[@cyborg6294]

@@liammcinnis8750 With Nvidia I have had more hash in windows than linux.

[@liammcinnis8750]

@@cyborg6294 interesting, seems like this is a common theme.

[@chrisa3676]

My boy looks like he's about to drop the hottest crypto freestyle of 2021

[@RedFoxCrypto]

LOL

[@abundantavery8434]

For ETH I use ethermine and for RVN I use 2 miners. I have seen some videos on using Matic for faster payout, but I do not understand it enough to try. Curious about the "40 Gwei gang" comment - does Gwei = dollars or the higher the gwei the higher the fee?

[@kfowler8]

Really nice job. Answered some good questions

[@cashmafiaromania]

you do great, good luck mining bro

[@ronwatkins5775]

With HiveOS mining to HiveOn pool it seems that $3/mo is cheaper than 3% for any reasonable sized rig. Am I missing something or should I just pay the $3 per rig?

[@johnkh17]

Kinda true I rather pay $3 for additional rig. If additional earn $300 hiveon pool fee would be $9. So it doesn't make sense to go with hiveonpool.

[@FransEnero]

Great video man... very informative for beginner like me

[@RedFoxCrypto]

Thanks Frans! Thanks for watching buddy.

[@АйндЛлэв]

So i was thinking of mining ETC and i got this question that i can't find on the web, per say i went mining and joined a mining pool do i have to mine 24/7 cause i dont't leave anything on when i sleep , let's say i only mine for like 8 hours, how does that work?/ any consequences or what would happen? please bear with me i'm only new to crypto and I'll be using an asus tuf dash 15 NVIDIA 3060 GDDR 6, I7, 1tb nvme, 16gb ram I just thouhgt of using it to get like a side hustle is using laptop okay for mining? i hope someone replys thank you

[@jdmenthol]

THANK YOU BRO - KEEP ROCKING

[@Theferg1]

Great info sir!! Sarah let me ask you if you were starting from scratch again right now how many GPU’s would you try to start with which ones and what coins would you start with? Thank you for any help

[@RedFoxCrypto]

Thank you! I’d still scale in over time starting with one GPU and then expanding as I recouped some of the cost.

[@topsinger5994]

Hello. i have IPOLLO V1 MINI CLASSIC PLUS ETC MINER (280M can i in the same time use tow website pool for earning etc and eth?

[@hanyk06]

Great Video dude

[@RedFoxCrypto]

Thanks for watching brother!

[@mlodyamen]

Hi, I would like to point out that you described PPLNS as PROP. To make it PPLNS, the teller should have considered only last N tickets submitted, not all. If you stop going to the bank with tickets in PROP, you'll get paid something anyway and in PPLNS that's not given.

[@dracopug]

Does a pool's hashrate make an impact on how many hashes you generate, or is it just like a show of popularity?

[@maurorossi8708]

I am not so sure about the MEV. If you read the "small letter" in their agreement, some pool doesn't distributed it, some just part of it.

[@ChumpChangeXD]

🔥🔥🔥🔥

[@RedFoxCrypto]

✌🏻

[@dannywoodruffe5272]

Really useful. Thanks.

[@IATG-tl3jf]

Awesome video thanks

[@Ludapiss]

I'm in Australia mining on Flexpool. I get less than 0.2% stale shares per day and the connection latency is in the 20-27 second range

[@angeloscots7930]

Top advice.. thank you!

[@DrSoapHippo]

So just a quick recap. It doesn't really matter which pool you mine with as long as you stick with it? I am using Ezil and have stuck with it but am curious if ethermine will get me better returns. Is there really a reason to switch?

[@NemesisDK79]

Great video Mike.. Thank you

[@RedFoxCrypto]

Thanks brother! Happy mining.

[@williamruss3980]

Hello sir I'm new to mining do you have any videos for beginners

[@canvargun]

Thanks for the video!

[@RedFoxCrypto]

Thanks for watching dude!

[@kevinmorrissey9398]

Flexpool!! Run by people that care about miners and getting you the most.

[@calkingston7752]

Flex is my favorite

[@OutOfNameIdeas2]

My stales are basically non existent too :) Feels great. It's bellow 0.11% It was like 4% on ethermine somehow. Maybe I was doing something wrong but my ms were lower on there than on flexpool right now

[@Alpejohn]

I cant get the ping tool to work with hivepool, is there a special way to test hive? Im in Europe, and i have set both Russia and Europe as prefered pools in hiveos. I have seen that im connected to Russia alot.. So i would like to check wich one has the best ping for me. Great video btw!

[@chadisleiman4195]

Just use the ping command in your cmd! You can specify the port and even number of packets as well

[@Alpejohn]

@@chadisleiman4195 Shouldnt this script also work then? Isnt it just a normal ping test?

[@chadisleiman4195]

@@Alpejohn true...dont have much experience with this tool. Could be like installing Bind9 for the dig tool, where you have to specify the Path in your System Environmentals. But honestly im not sure

[@brooks655]

hi there new to this mining stuff, do you have a beginners videos please,

[@876pips]

2miner all day baby

[@bjornbohley]

Great video ! Narrowing down what I will use. As of now : Hive OS with NBminer and Ethermine pool. Does that sound good ?

[@RedFoxCrypto]

Sounds perfect to me.

[@bjornbohley]

@@RedFoxCrypto awesome ... I am newbie. Building my first rig this week and the video was great. I subscribed and will be watching your content !!!🔥

[@bradleyfielder7673]

How is mining going?

[@jantaylor1776]

The last piece of my first rig should be here this week. What OS are you using to run Ethermine?

[@RedFoxCrypto]

My AMD rigs use Hive OS and I use Windows with Awesome Miner for all my NVIDIA.

[@pierreqiu8147]

@@user-zj8ze9ho6w hi, when you said first 4 physical rigs for free, Do you mean first 4 gpu for free? Please reply...Thank you😀😀😀😀😀😀

[@cc-.-]

Not quite understand the bank ticket example for pool payout system. So did you talk about the difference between traditional pps vs pps+? What about PROP?

[@RedFoxCrypto]

I did, PPS+ gives you the network fees whereas PPS doesn't.

[@cc-.-]

@@RedFoxCrypto ✌🏼

[@GetNGhost]

I'm betting on RVN, so switched all Ethereum miners to Raven Coin. Trying to get ahead of Jan. Wish me luck!!!

[@nasrudyndrive640]

why dont u keep mining ethereum and then buy raven?

[@RedFoxCrypto]

Good lucky buddy! Wishing you the best.

[@playbookshowme484]

@@nasrudyndrive640 shhh don't tell him

[@Stubbz40]

Great video!! Very clear and concise. Can you make the same video for BTC?

[@MultiSVED]

thx for vid,im new i started with nicehash but woud like to test something new

[@theartofcompetition5965]

what are the best mining pools with no investment.

[@fasticon2360]

This guy, keeps me mining for fun......

[@ghostwanted5510]

Great vid bro... I using Sparkpool and very good for me, god hash rate, good average, good paymant, mev, conpensation... conpensation for what? I dont know, but is good hehe Thanks for sharing you experience =)

[@RedFoxCrypto]

Thanks buddy thanks for watching!

[@victormanuelgonzaleznorieg2478]

Great video, sparkpool is off line.

[@GoCrySnowflake]

Thanks for the info! I have five workers on HiveOS and I just keep adding adapters and stuff to not have to add a sixth worker for as long as possible, so Hiveon pool is completely free for me still. I do know that the rewards are lower than ethermine and some other pools, and sometimes I get huge spikes in stales on Hiveon that I don’t get on other pools, but free is free so until I have to build a sixth rig that’s what I’m sticking to I think.

[@sangarooncheamsawat4539]

From my testing low reward and high stale, invalid on hiveon isn't worth the free tag. I am a paid user, for hiveos and I'm more than happy to use another pool.

[@GoCrySnowflake]

@@sangarooncheamsawat4539 yeah I just haven’t made the jump yet. I’ll try other pools at some point.

[@DankAlien2580]

You’re paying what $18 per month for 6 rigs but losing out on more than $100 by mining on Hiveon

[@GoCrySnowflake]

@@DankAlien2580 you think it’s that much? I’m at about 1.8gh/s currently. I guess I should probably try some other pools.

[@DankAlien2580]

@@GoCrySnowflake Nice. That’s a lot. You know what, try it out for yourself. I’m sure this would be the best decision you ever made. Btw I’m on flexpool. It’s a medium sized pool but community is really good and on most days and on lucky days, pays slightly more than Ethermine too.

[@kimochineina1]

I like 2miners, I set my min payout also let me see how much will be the tx fee

[@javi9777]

Is binance pool good for eth?

[@kirivathanak]

How to know payrate comparison between those pool?

[@mitsoskouk1049]

1 question abpout payment threshold. Lets say you have it on 0.5ETH and Gwuei 40. But until the gwuei falls to 40 you have 0.6 ETH . How many ETH the pool will transfer?

[@OutOfNameIdeas2]

All of it. 0.5 is just a parameter for the minimum amount you need to have for it to greenlight a automatic payout

[@ordinarycat2294]

Which pool for suits for pc mining at 50mh/s? Hiveos minimum payout will took 4 months or so lol

[@Backyardwrenching1243]

Thanks!

[@tinleo333]

Ethermine port 4444 vs 5555 your opinion

[@soundofthegardenwatc]

i use hiveOS because i dont know how to set up another pool. maybe i do.idk

[@lahbarizakaria3462]

I have one, Im in now ho want to join it. Minimum a 1.6% per day for 3 months

[@palecelery]

Thumbnail lookin like you're about to drop some bars

[@RedFoxCrypto]

Hahaha

[@patricksamuel6594]

For me, the ability to get paid in BRC instead of ETH is a big factor in why I use 2miners. I’m surprised you didn’t bring that part up.

[@refaelchaimov5784]

Sorry i'm very new but is it possible to mine to ethermine if i have hiveos?

[@RedFoxCrypto]

Yes absolutely.

[@stanis4554]

Hi, I'm new in the channel do you any video that explain how you can choise the pool if you are mining in NBminer? Also a tutorial video to cheating a new rig miner? Thanks

[@chrisripplinger]

Awesome video. Also, I didn't understand any of it, ha ha

[@RedFoxCrypto]

😂

[@jankahunor2068]

I like your videos, can you please make a video how to mine solo? Thanks

[@EricSoulliage]

Best in what regard ? Maximum yield isnt my priority.

[@emcivicsdotcom]

Please, is it out of place to start mining with as low as $1k?

[@RedFoxCrypto]

Not at all. Great place to start.

[@emcivicsdotcom]

@@RedFoxCrypto but I really do not know how to mine. Could you please help or have you done a video on how to mine, for beginners?

[@d9637]

If mining pools like ethermine are anonymous mining why would you report every transaction? There has to be a better way no? I only ask because I find no nobility in paying income tax income if it can be avoided. Income tax is theft.🤪

[@EJtheEnforcer]

40 Gwei Gang... HOLD THE LINE!!!

[@RedFoxCrypto]

Hahaha yes! #40gweigang

[@Ludapiss]

Maybe I'll join the 40 gwei band wagon too. 😀

[@pretts1]

any recommendation for gaming pc?hehehe

[@kulwantkaursaini152]

bro im new to mining im from india please can u recommend the best pool for raven mining based on these things

[@RedFoxCrypto]

I like 2miners

[@kulwantkaursaini152]

@@RedFoxCrypto thanks

[@rodrigogaming4870]

@@kulwantkaursaini152 how much is your ping?

[@bokica4089]

Make a video about solo ergo man keep up the great videos !

[@RedFoxCrypto]

Thanks brother! More solo mining stuff coming soon.

[@JDV5210]

yurrrrr

[@mauricewashington4263]

hiveon pool hasn't been paying out

[@mezz_o_nator4045]

I use lolminer is that any good? When should I get payout .01? I am 20% now. I want faster payouts should I switch to 2miniers?

[@neopt.]

Hiveon is 3$ per rig after you add 5 rigs.... not 3%... I have 4Gh and pay 0 fees....

[@sinc5531]

Its either or. You can do $3 per rig or 3%.

[@xherbert1]

@@sinc5531 But first 4 are free if you mine on hiveon.

[@sinc5531]

​@@xherbert1 Yes, understood.

[@realghost8606]

Ok bro very nice 👍

[@RedFoxCrypto]

Thanks dude!

[@lordspam2721]

How would China banning all crypto affect all of this?

[@Pickers44]

they have literally banned crpyto more times than i can count. Don't worry

[@RedFoxCrypto]

What @Pickers said.

[@neodjesus]

Hello, I am new one this subject and I would love the opportunity to talk to you about some questions. I really hope you can give me around 1o minutes of you valuable time

[@PJxpanterx]

TLDR, Ethermine, in my opinion anyway... I just have a nagging feeling that we are going to have an "incident" soon,,,

[@mileglavash]

Ethermine all day every day since 2017.

[@contactteecracksviainsta8430]

Same issue happened to me, I almost lost everything so I remember my friends mom was able to recover hers through a cyber firm so I decided to ask for their details so that I can communicate with them and divinely they retrieved my crypto can't stop thanking you

[@gerardrampal]

Best i can do is get 250ms ping to nanopool from here in Australia :(

[@gerardrampal]

its weird i can get better or just as good ping if i use west US servers instead of australia servers... unless AU annotated servers actually mean AUSTRIAN servers not australian ....

[@teecracksinsta7166]

I WILL FOREVER APPRECIATE THE EFFORT OF HIM .👆👆 FOR KEEPING TO HIS PROMISES

[@JA-ei1kr]

Farewell sparkpool... The best by far....

[@mcw701]

Quick Question - who owns MINING POOL STATS, and who pays there bills? why do all the YOU TUBE crypto dudes trust this website without telling us who runs this site and who pays there bills?

[@davidlumek1948]

Investing in the crypto market is the most common way for beginners to gain investment experience.

[@dsamining8610]

It's funny your body and hand movement on the mic, makes me believe that you are going to start to bust out some Crypto Hip-hop. hehe

[@thingsyoudontreallysee]

🌽

[@icawn]

2.2GH yet ethermine stuck on only 1.8GH "reported". next.

[@neowolf09]

I started a few days ago. I've tried sparkpool and ethermine for ethereum. Ethermine seems more profitable and more stable and consistent profit. Also was getting more stale shares with sparkpool compared to ethermine. I'm a small miner with one GPU rn. Looking at ETC after ETH does it's difficulty bomb for my next coin to mine. Thinking ethermine, but curious if anyone has a go to pool for ETC. Is there a way to find how close the physical location of pool's server is without pinging it?

[@calkingston7752]

Flexpool is the best

[@TicoCrypto]

Bro I'm from costa rica please 🙏 😭 can we colab? Plese please or just talk jaja I need your advise

[@RedFoxCrypto]

Hit me up on Discord.

[@oSTYNCLSYo]

So much for being decentralized, paying taxes.

[@roselovely105]

sparkpool will be not one of them

[@RedFoxCrypto]

RIP

[@di_oxide]

dogecoin