Federica
Mon Jul 08 2024
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6 answers
1577
What is a bitcoin pool & how does it work?
Could you elaborate on the concept of a bitcoin pool and its operational mechanism? I'm curious to understand how this system functions in the cryptocurrency world. Specifically, how does a bitcoin pool help miners increase their chances of solving complex mathematical problems and earning rewards? Additionally, what are the advantages and disadvantages of participating in a bitcoin pool? Your insights would be greatly appreciated as I seek to broaden my understanding of this aspect of bitcoin mining.
