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A mining pool is a way of sharing the work needed to find a block. Miners are rewarded in proportion to the amount of computing power they contribute to the problem, with various ways of calculating returns. Use this tag when specifically asking about operating a mining pool or about pooled mining but not other forms of mining.
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Why would you need a mining pool?
If you don’t want to invest in the blockchain technology and looking for any third party who help to mine your favorite cryptocoin. Than the Mining pool is the best option for you.
In Bitcoin mining …
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If I received two blocks at the same time, which one should I choose to mine the next block?
You can choose the first one. Or the smaller one. Or choose the familiar one by the majority of your contemplate. No one cares. In lowest case you will mine the waif chain. But nobody cares about you …