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3 votes

What is a good mining pool/payout model for infrequent mining?

Flat pay-per-share may be best. These tend to have the highest percentage fees, but the payout is 100% predictable. There are a few PPS pools, such as abcpool.co and btcserv.net with no fee. The only …
David Schwartz's user avatar
15 votes
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Solo Mining vs Pool Mining for users with high computing power

It completely depends on the "pool fee". Theoretically, with a zero percent pool fee, solo mining and pooled mining should, over the long term, produce precisely the same revenue. The only exception i …
David Schwartz's user avatar
1 vote

Does each miner in a bitcoin mining pool have a chance to win the block reward?

OR XYZ gathers together hashing power of miners 1 to 10 to try to be the first to solve the puzzle to win 12.5 BTC ? XYZ assigns work to miners in its pool. The work mines blocks that pay BTC to …
David Schwartz's user avatar
2 votes

How can I calculate the bitcoin per day from mining in a pool?

To go from GH/sec to BTC/day, use this: BTC/day = GH/sec * 1,000 * 25 * 24 * 3,600 / 2^32 / difficulty(in millions) Because: the block reward is currently 25, there are 24 hours in a day, 3600 second …
David Schwartz's user avatar