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Statistically the reward is the same whether you're solo mining or in a pool. Actually less in a pool because they take a cut of the profits. The benefit of bei
by ric2b 9y ago
Statistically the reward is the same whether you're solo mining or in a pool. Actually less in a pool because they take a cut of the profits. The benefit of being in a pool is that you get the (smaller, since they're shared) rewards more frequently instead of waiting possibly years until you solo mine a block.
But there's really no reason why you have to be in the biggest pool, if you're in a pool with a 1/144 share of the hashrate you'll already be getting daily income, why do you need it to be more frequent?
Note: I think solo miners also get a bit more average latency when receiving bloks, I'm not sure if that offsets the cut the pools take enough to make the expected value of being in a pool higher or not.