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Bitcoin & Cryptocurrency Mining Pools Explained | Best Mining Pools PPS vs PPLNS

February 23, 2021
in Cryptocurrency Videos
Reading Time: 2min read
Bitcoin & Cryptocurrency Mining Pools Explained | Best Mining Pools PPS vs PPLNS



What is a mining pool and why is it best to mine Bitcoin and other cryptocurrencies on mining pools? Here is our review and explanation of mining pools, how they came to be, and why they’re awesome! Subscribe to VoskCoin for more crypto content – http://voskco.in/Sub

Checkout the EMCD mining pool here – http://voskco.in/EMCD
Buy a Bitcoin miner here – https://amzn.to/34aWb06
Buy a GPU for mining here – https://amzn.to/2LFYvpk

Mining pools are a collection of Bitcoin and other cryptocurrency miners that are literally pooling their miners and thus hashrate together in order to receive more consistent mined coins and earnings. Mining pools were originally created by Slushpool, and since then thousands of mining pools have been created for thousands of mineable cryptocurrencies. However not all mining pools are created equal, and mining pools also pay miners out in different manners. Some mining pools pay miners through PPS which is Pay Per Share mining, and other mining pools pay miners through PPLNS Pay Per Last N Shares which pays miners a % of the block reward once a block is “found” or mined. In addition to PPS and PPLNS payout schemes, there are other less popular payout options such as solo mining and PROP mining. Mining pools have become an integral part of Bitcoin and cryptocurrency mining, so here is our review on Bitcoin and other cryptocurrency mining pools, what are the best mining pool types, what to look for, and what to look out for!

Links!
Luxor’s write-up on PPS vs PPLNS mining pools – http://voskco.in/luxor
Slushpools original & first Bitcoin mining pool – http://voskco.in/slush
Miningpoolstats.stream – best mining pool info site – http://voskco.in/poolz
Bitcoin BTC block reward halving countdown – http://voskco.in/BTChalf
Checkout the EMCD mining pool here – http://voskco.in/EMCD

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VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#Mining #MiningPools #Bitcoin #Cryptocurrency #BTC

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