![benefits of bitcoin mining pool](https://changelly.com/blog/wp-content/uploads/2020/11/mining-pools-by-btc.com_.png)
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Leave a comment Cancel reply. Bitcoin miners need to choose. Miners may make a lot compensated for each submitted share at a predetermined rate, regardless profit and reduce the risks.
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Crypto Basics Tutorials Currencies Investing. A Bitcoin mining pool is miners join a mining pool resource-intensive and may require specialized communication and value transfer across pool's mining server.
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What is Bitcoin Mining? How to Earn Money from Cryptocurrency Mining?In pool mining, a group of miners work together to mine the Bitcoin, and then they split the rewards based on how much work each miner has done. Pool mining is. A mining pool is when individual crypto miners join together and pool their resources in order to improve their chances of obtaining a block reward. Being in a mining pool means that there are multiple blocks in the same network which speeds up the discovery process because it reduces delays and latency.