What is a Mining Pool?

Mining pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hash power.

While mining pools are desirable to the average miner as they smooth out rewards and make them more predictable, they unfortunately concentrate power to the mining pool’s owner.

Miners can, however, choose to redirect their hashing power to a different mining pool at anytime.

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Top 10 Tips To Keep Your Cryptocurrency Safe In 2020

Regardless of where you live, leaving a $100 bill on a park bench will most likely result in a loss. With cryptocurrencies is no different. Despite their digital nature, not taking the necessary precautions can put your hard-earned money in danger.

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