What is Public Pool Mining?
Public pool mining allows individuals to combine their computational power with others in a decentralized mining network. This approach increases the likelihood of earning consistent rewards by reducing the volatility and difficulty of solo mining. Learn how to participate in public pools, optimize your mining software, and select the most profitable mining pools for your needs.
Frequently Asked Questions
What is a public mining pool?
A public mining pool is a collective of miners who work together to solve blocks and share the rewards proportionally to their contributed computing power.
Is public pool mining better than solo mining?
Yes, it generally provides more consistent payouts and reduces the risks associated with mining alone, especially for individuals without massive hash power.