How Does Crypto Mining Pool Work?

[Suba]

Mining Pool or Union Miner is a group of crypto miners on a platform (such as Antpool, F2Pool, Clover Pool etc.), the combination of miners' computing allows them to complete algorithms faster and have greater mining capabilities so they can mine the blockchain faster to get block rewards.

How Crypto Mining Pool Works
1. Join the best mining pool
2. Access the pool platform or software provided.
3. Complete certain tasks on the blockchain
4. Reward distribution according to the amount of miner contribution, so even if you as a miner fail to complete a block you will still get a reward.

 

[Stardom22]

For instance, l am not into any mining pool, because l have never come across some reliable mining pools for sure. I would however check out that one and see how it goes.

 

[Suba]

For instance, l am not into any mining pool, because l have never come across some reliable mining pools for sure. I would however check out that one and see how it goes.

So all this time you have been mining Bitcoin alone or solo mining, using expensive and sophisticated mining hardware.
Mining pool is not cloud mining, currently mining pool is also available on Binance mining pool.