What are the Cons of Joining a Mining Pool?
Lilly Wilson

Lilly Wilson @lillywilson

About: I am a technical writer who loves to writes. Working at Asic Marketplace

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Sep 16, 2023

What are the Cons of Joining a Mining Pool?

Publish Date: Apr 26
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These are some of the Cons of joining a mining pool:
Smaller rewards: Since you're sharing the rewards, the amount you earn per miner is less that if you were to mine on your own.
Costs: A lot of mining companies have a cost which could eat away at your earnings.
More Control: It is the responsibility of operator of the pool to handle the mining process and pay outs therefore, you should choose a reliable pool.

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