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Santiago de Chile
4 Level
175 Review
62 Karma

Review on Bitcoin Mining Pool by Sheila Cova

Revainrating 4 out of 5

Bitcoin Mining Pool

A mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block.

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Pros
  • It has the lowest share rejection rate (0.15%). Other groups have more than 0.30% of rejected actions.
  • They have a super responsive and reliable support team.
  • It has the highest payments in the industry.
Cons
  • Only those with specialised, high-powered machinery are able to profitably extract bitcoins nowadays.
  • You can only do cryptocurrency mobile mining with smartphones that use Android, as it's the only mining-friendly operating system for mobile devices.
  • iOS owners can't do any mobile mining.