Tag: Pool

The best way to create your own mining pool.

The complexity of digital networks also increases as the use of cryptocurrencies increases. Under some circumstances, the withdrawal of assets in 2022 will be unprofitable. Consequently, miners are pooled. These services distribute the work among the participants and compensate them according to their efforts. For this, pools charge a commission of up to 20% of revenue. Not everyone present agrees with this. Owners of large capacities are looking for opportunities to create their own mining pool. To achieve this, you will need to purchase hardware, develop software, and plan an advertising strategy. The dynamics in the workplace are very competitive. Although this is not necessary, having prior experience with blockchain can help you avoid any mistakes.

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