I have heard (but not that knowledgeable) about mining-pools. If a weak system joins the pool, it has a chance to get a portion of the block reward, but I assume that not all of the miners are joined to a mining pool.
If I use my average PC for Bitcoin mining, it is a very low probability that I will be the first to solve the hash problem, thus, I won't earn the block reward most probably. I will only be rewarded with the fees with respect to the calculations I have made. So my question has two parts;
- I assume that the numbers showing the average revenue generated from mining includes both the transaction fees and block rewards, is that correct?
- If that is the case, then shouldn't the weak miners consider a lower average revenue, until they earn the block reward with such low probabilities?
Please correct any points that I might have been wrong about. Thanks in advance.