6 Best Mining Pools for Bitmain Antminer L3 Series

6-best-mining-pools-for-bitmain-antminer-l3-series

his article will list the top six profitable mining pools for Bitmain Antminer L3 Series, which are available right now.

The Bitmain Antminer L3 series are Litecoin (LTC) and Dogecoin (DOGE) ASIC miners. As long as the crypto is based on the Scrypt algorithm, you can earn a decent return from mining with the Bitmain Antminer L3 seires.

What are the best mining pools for the Bitmain Antminer L3 series? Let’s discuss this now.

What Can Antminer L3 Mine?

Antminer L3 miners can mine both Dogecoin and Litecoin, which uses the Scrypt algorithm and is one of the most profitable models available. Additionally, the Scrypt algorithm is supported by Antminer L7 for all cryptocurrencies. Therefore, you can also add the following projects: Florincoin (FLO), Auroracoin (AUR), Gulden (NLG), GameCredits (Game), Emerald (EMD), Einsteinium (EMC2), and many others.

Read more: What Coins Can You Mine With Bitmain Antminer L3+

Best Mining Pools for Bitmain Antminer L3

Here are the list of best mining pools for Bitmain Antminer L3:

  • LitecoinPool.org – Best Litecoin Pool
  • ViaBTC.com – Best for One-Stop Mining Services
  • AntPool – Best for A Wide Range of Tools
  • BTC.com – Best for Low Withdrawal Fees
  • Zergpool – Best for Multiple Mining Options
  • ProHashing.com – Best for Multiple Cryptocurrencies

Also read: How to Use Bitmain Antminer L3+ (600Mh) on Mining Pools: 2023 Guide – Buy Antminer L3

LitecoinPool.org – Best Litecoin Pool

Best Mining Pool for Bitmain Antminer L7

LitecoinPool is one of the most renowned and oldest Litecoin popular mining pool for Antminer L3 miners, launched in November 2011 by one of the main Litecoin developers that goes under the moniker Pooler.

It’s a pay-per-share (PPS) pool that also supports merged mining as well, which can yield the best results at times thanks to the mining of the secondary coin (payouts for both coins are carried out in LTC). Plus, with the PPS system, you are paid even if a block gets orphaned by the Litecoin network.

The pool’s eight servers, which are dispersed across the globe, are one of the primary factors in choosing it.

It’s also worth noting that this is one of the first pools to offer secure mining over TLS-encrypted Stratum connections.

With a hashrate of 32.6 TH/s, it is currently the fourth-largest LTC pool.

Read more: Is Litecoin Mining Still Profitable With Bitmain Antminer L3+?

ViaBTC.com – Best for One-Stop Mining Services

Best Mining Pool for Bitmain Antminer L7

Another popular mining pool for Antminer L3 series is ViaBTC.

ViaBTC is a Bitcoin, Litecoin, Ethereum, Ethereum Classic, Zcash, Dash, Monero, BTM, and Bitcoin Cash mining pool that always hovers at the top of the hash rate percentages. The mining pool for ViaBTC.com was launched in 2016.

The Antminer S9 hardware, which was at the time among the most potent ASIC mining devices, was the hardware that the pool initially used the most. Since its establishment, ViaBTC has managed to maintain an uptime of greater than 99.9%, signaling consistency and dedication.

The pool uses a portion of the mining revenue to raise money for account management, regular maintenance, staff salaries, risk management, and other necessary costs, such as those related to the mining farm, deployment, repairs, and staff salaries. 4% fee is charged for the PPS payment system and a 2% fee for the PPLNS. Profits are distributed daily at 0 AM Beijing Time (minimum payout offered by the ViaBTC site is 0.0001 BTC). Their user interface (UI) is also praised for being clear and helpful.

AntPool – Best for A Wide Range of Tools

Best Mining Pool for Bitmain Antminer L7

AntPool was founded in 2014, is one of the largest mining pools. The pool was founded by Xu Lingchao and Tian Xin and operates from China. The pool currently lets you mine a fairly solid number of cryptocurrencies, including BTC, BCH, LTC, ETH, ETC, ZEC, DASH, SC, XMC & BTM. It is one of the most popular mining pools for Antminer L3 series miners. In the past, there haven’t been many disputes regarding the reliability of this pool.

It is supported by 2000 servers running all across the world to ensure it remains up all the time and currently supports 4 payment methods: PPS (2.5% fee), PPS+, PPLNS (0% fee), and SOLO (with daily settling of payments if they exceed 0.001 BTC).

Three different mining contracts are available from AntPool. Additionally, it provides a wide range of tools, such as a native phone app, the APMiner Tool, tools for configuring worker IP addresses, and AP connectivity. The pool also has a user-friendly interface and a number of security features, including email alerts, wallet locks, and two-factor authentication.

BTC.com – Best for Low Withdrawal Fees

Best Mining Pool for Bitmain Antminer L7

BTC.com was launched in 2015. The pool is said to be the one utilized by past Bitcoin community members and the current most famous Bitcoin Cash promoter, Roger Ver. The pool, which is among the most well-known ones available, provides a native Bitcoin wallet in addition to a community-driven forum and related resources.

The pool operates on a Pay per Share model where the operator gives an instant, guaranteed payout to a miner for his contribution to the probability that the pool finds a block. regardless of how many valid blocks the pool finds. This model shifts the majority of the risk to the pool’s operator while allowing for the least amount of variation in miner payments. The pool offers users the opportunity to mine a variety of digital currencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ethereum Classic, Grin, Beam, and Decred, which is a profitable pool for Antminer L3 miners.

BTC.com has fees that range from 1.5% to 4%. There is typically a waiting list to get one of the three types of cloud mining contracts that the pool offers. It is one of the pools that provides a chance to make money by mining bitcoins. Each day, miners receive payments based on their contracts. Even though the community has differing views on Bitmain and its business practices, the pool is generally regarded as legitimate.

Zergpool – Best for Multiple Mining Options

Best Mining Pool for Bitmain Antminer L7

Zergpool is a multi-algo pool with multiple mining options:

  • You can mine to algorithm’s stratum address and in this case Zergpool with automatically switch between different coins on their pool;
  • You can mine the coin directly.

You can start mining right away on Zergpool without creating an account; all you need to do is set up a stratum, wallet, and password parameter with the currency you want to be paid in.

LTC payouts are made automatically every 4 hours for balances greater than 0.25 or 0.05 on Sunday. All balances in other currencies that are higher than 0.0001 BTC equivalent, or 0.00002 on Sunday, automatically payout every four hours. Network charges may occasionally increase significantly, and payment thresholds may be raised until there are sufficient payout candidates to justify payment. On the wallet page, you can see your current payout threshold.

ProHashing.com – Best for Multiple Cryptocurrencies

Best Mining Pool for Bitmain Antminer L7

A mining pool that supports multiple cryptocurrencies called Prohashing pays miners in any coin. You can mine hundreds of coins on ProHashing, as they support SHA-256, X11, Scrypt, CryptoNightV8, and many other algorithms.

It uses the PPS payment model and was founded back in 2014 by three engineers. Prohashing also goes a step further by combining mining simultaneously to boost profits. They also provide additional comprehensive statistics, such as hash rate, number of miners, and mining efficiency. For anyone who owns a Scrypt miner, this is one pool that is recommended, the ability for payout in any cryptocurrency or even USD via Coinbase is excellent.

Read more: What If the Bitmain Antminer L3 Can’t Connect to the Mining Pool?

How to Choose a Mining Pool?

What factors should you take into account when picking the best mining pool to join? The majority of the points in the list of criteria below, like fees (the lower, the better), pool reputation, and uptime, are based on common sense.

Trustworthy pool operator ties into the pool reputation factor that we mentioned above. You don’t want to mine for con artists who will steal your money and flee. Do your research online and in mining and cryptocurrency communities to see if there are any bad reports or first-hand experiences with the pool. This is likely the most crucial criterion to look at.

Fees are self-explanatory; the lower the fees a pool charges for itself, the more money is left for you. Industry-standard is around 1% so anything around that figure is basically the norm.

When joining a pool, you certainly don’t want to be part of a pool that has just a bit more hash power than you. In order to mine many blocks and ensure a regular minimum payout, you want the pool to have a high hashrate.

Server location and uptime – location plays a role because of the latency – you need to be quick in broadcasting that found block, especially when mining a coin with a huge hashrate and big mining difficulty.

Like with regular websites, downtime costs the owner money. Uptime is important. Same with mining pool servers – if they are offline, all miners in the pool lose money as nothing gets broadcasted to the blockchain.

Payout schedule is also a minor factor. It depends on the person because some prefer a few larger payments while others prefer a lot of smaller ones. If you must choose, the latter is preferable because you would lose less money if something were to happen to the pool.

Payout schemes are also a condition to pay attention to. There are numerous payout designs, some of the most common are

  • PPS – Pay Per Share. Each submitted share is worth a certain amount of BTC. Since finding a block requires shares on average, a PPS method with a 0% fee would be 50 BTC divided by. Operators of pools take a risk when doing this, so the fee is higher.
  • SMPPS – Paid Per Share Maximum. Similar to Pay Per Share, but never pays more than the pool makes.
  • ESMPPS Equalized Shared Maximum Pay Per Share. Similar to SMPPS, but evenly distributes payments to everyone who is owed money.
  • CPPSRB Capped Pay Per Share with Recent Backpay.
  • Prop. – Proportional. When a block is found, the reward is split equally among all workers according to how many shares each one has discovered.
  • PPLNS Pay Per Last N Shares. Similar to proportional, but regardless of round boundaries, focuses on the last N shares rather than the total number of shares in the round.
  • ScoreScore-based system: a proportional reward, but weighed by time submitted. As time t passes since the beginning of the current round, each share that is submitted increases in value. Score is updated as follows for each share: score += exp(t/C). This makes later shares worth much more than earlier shares, thus the miner’s score quickly diminishes when they stop mining on the pool. Rewards are determined in accordance with scores rather than shares. (at slush’s pool C=300 seconds, and every hour scores are normalized)

Summary: Best Mining Pool for Bitmain Antminer L3

Litecoin and Dogecoin are the most profitable coins to mine with the Bitmain Antminer L3, which uses the Scrypt algorithm. Additionally, you can be sure that the mining pools you use are reputable and secure by using any of the ones on the above list. When you select a pool that has servers close to where you are, you’ll also be guaranteed the lowest fees and the highest hash rate.

FAQs

What is the best coin to mine Antminer L3?

Therefore, ASIC Antminer L3+ is the best hardware for mining LTC, and LTC is the best crypto to mine on L3+. Litecoin is a good alternative to other popular cryptocurrencies, and if you own ASIC Antminer L3+, we recommend you to try mining it.

How much does an Bitmain Antminer L3+ (600Mh) make?

According to today's market estimate, the current price of Bitcoin is: $69.48, the Antminer L3+ (600Mh) can mine 0.00212619 LTC every 24 hours, if the electricity cost is 6 cents/kwH, you can make $-1.08 profit every 24 hours, $-32.4 profit per month, $-384.48 profit per year.
Of course, if you calculate the net profit, you also need to deduct the cost of purchasing the mining machine.
If you choose to host the miner, you will also need to deduct the hosting fee.

How much does an Bitmain Antminer L3++ (596Mh) make?

According to today's market estimate, the current price of Bitcoin is: $69.48, the Antminer L3+ (600Mh) can mine 0.00212619 LTC every 24 hours, if the electricity cost is 6 cents/kwH, you can make $-1.08 profit every 24 hours, $-32.4 profit per month, $-384.48 profit per year.
Of course, if you calculate the net profit, you also need to deduct the cost of purchasing the mining machine.
If you choose to host the miner, you will also need to deduct the hosting fee.
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