Intro: Pool Strategies

As we explained in the previous module, everything is driven by profit — and Bitcoin is certainly no exception.

For example, it might not be profitable to be a solo miner, especially if you don’t have a lot of specialized hardware.

So, you might want to join a mining pool, where users pool together their computing resources so that collectively they all have an increased likelihood of finding the next block, and thus receive the block reward.

As we’ll see in this section, there are some strategies you can employ to increase your profits even further.

And when it comes to making the most profit, honest strategies are NOT usually the best way to go.

Pool Reward Scheme Review