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2026-01-22 11:11:31 UTC
in reply to

21_21_21 on Nostr: Your earnings are a share of the entire pools earnings, proportional to the amount of ...

Your earnings are a share of the entire pools earnings, proportional to the amount of hashing you've done. Larger pools find blocks more often, more blocks means more earnings. More predictable and also just plain more. More well established pools can also engage in miner-extracted value.

Some new protocols are helping with it, Bitcoin magazine has some good articles on it. Ocean is a good example, there's also new mining hardware like bitaxe which opens the playing field to smaller players.

Also remember pools do not actually control the hash power, the second they act up, miners can switch asap to other pools, this has happened in the past. What's more important is decentralizion of miners themselves which increases with time as miners in new countries are bring brought online.