Author

Topic: pools (Read 446 times)

legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
December 17, 2016, 07:35:37 PM
#2
Pools are a group of miners that work together to solve the block.  The reward is split amongst the miners.  Because the chances of finding a block by yourself are remote (unless you happen to have petahash of gear), you join a pool.
full member
Activity: 133
Merit: 100
December 17, 2016, 06:03:49 PM
#1
Mining means to solve a block and thus miner get rewards .. But what is pools? Is this helps to increase the profits?? Or decrease them?
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