What should you consider when joining a mining pool?

Lilly Wilson - Nov 19 '24 - - Dev Community

Before joining a mining pool, here is what to take into account:

  • Reputation and authenticity: Based on reviews and ratings from other miners, select a pool with an excellent mining community reputation.
  • Pool charges: Compare different costs between pools to find one that best meets your needs and preferences.
  • Distribution of Rewards: Select a pool that best suits your preferences and risk tolerance.
  • Size and Hash Rate of the Pool: Consider its dimensions before choosing a hash rate which best satisfies your preferred size ratio to payout frequency.
  • Locate and Select Reliable Servers: Select a pool with reliable servers closer to home for the best experience.
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