Mohammad tauheedDec 18, 2021 · 3 years ago9 answers What are the advantages and disadvantages of joining a bit mining pool?
Can you explain the pros and cons of participating in a bit mining pool? I would like to know the benefits and drawbacks of joining a mining pool for bitcoin or other cryptocurrencies. What are the advantages of pooling resources with other miners, and what are the potential downsides? How does joining a mining pool affect the profitability and efficiency of mining operations?