Mining Lab · Coinovo Academy · Mining pools
Together instead of alone
A single machine can go years without finding a block. Not because it is bad, but because its share of the network hashrate is tiny. The expected yield is still right, only the spread is unbearable.
Operators join forces and search together. If one finds a block, the reward is split according to the computing power contributed.
Rare large hits become regular small amounts.
Every participant sends the pool near misses: fingerprints that fall below an easier threshold. Its performance can be read off from those without it ever having found a real block.
A pool does not own the machines. It only coordinates and usually keeps one or two percent. Participants can switch at any time, and they do.
If a single pool grows too large, so does its power over the order and selection of payments. With more than half the computing power, attacks would also be possible. That is why the distribution is watched.
It cannot change the rules. A block that breaks them is rejected by the nodes, even if the largest pool built it.
Tasks, shifts and the daily hunt, plus an account that shows what has added up.
Opens straight away. No account, nothing to install.