What Bitcoin pool should you choose?
It has been my goal with this website to have it as a corner of the web where Bitcoin enthusiasts can have not only a location to socialize but also have quick, and easy access to information surrounding Cryptocurrencies in every aspect as well as a one stop location for learning about how to make money online with them, and other opportunities. For this portion of my page we will be discussing mining pools, what they are, and exactly where they are.
A Bitcoin mining pool is the pooling of resources by miners, who share processing power across a network, to split bitcoin rewards amongst themselves, in accordance of how powerfully each person can mine. Meaning that rewards for active mining can be greater versus using a one click Bitcoin mining software such as Nicehash.
I should say from the beginning here that this information is definitely for the experienced crypto enthusiast as it requires either very high-end hardware to be able to mine with these mining pools not to mention a deeper understanding for how they work as well. So, if you have a high end computer or mining rig, and are tired of mining via one click miners then very quickly allow me to give you the links to each of the most common Bitcoin mining pools, and then we can discuss some of the characteristics of each one: