![]() ![]() Miners can, however, choose to redirect their hashing power to a different mining pool at anytime.įinding a good mining pool is important because it’s going to save you money. While mining pools are desirable to the average miner as they smooth out rewards and make them more predictable, they unfortunately concentrate power to the mining pool’s owner. Mining pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hash power. Now that you have Bitcoin mining hardware, your next step is to join a Bitcoin mining pool or buy bitcoin. Learn more about our editorial guidelines Updated September 14, 2022 ![]()
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