Re:Mining Bitcoin with pencil and paper: 0.67 hashes per day...
by shawabawa3 on Monday February 15, 2021 @03:51PM
(#26147177)
The only point in mining pools is to lower variance
If I have enough hardware to mine $10btc/day it would take on average ~70 years to mine a block (worth $300000), whereas with a pool I'd get my $10/day consistently
If I have enough hardware to mine $10btc/day it would take on average ~70 years to mine a block (worth $300000), whereas with a pool I'd get my $10/day consistently