A mining pool is a group of users that cooperate in the mining of a block. Each user configure their mining software to mine at a specific block, and the work that each user does is measured in shares. After a block has been found, each user receiving a payout that equals the percentage of the total shares that they mined.
Why mine in pools?Edit
By mining in a pool, you as a user increase your chances of receiving a payout. Solo-miners, users that work alone on finding a block, has less of a chance to find a block (Due to having a much lower hashrate.). However, these users receiving the full payout from the block. So while a solo-miner might find a block once every 2 days and then recieve a full payout of 10'000 Ð, a pool of miners will find a block once per minute and then split the dogecoins among the users.
List of big poolsEdit
There are many pools around:
List of small/new poolsEdit
These pools have lower hashrates but are likely to produce bigger rewards per block:
- Dopey - 0 % PROP Fee Until Later Implemented
CoinMiners - 1% Fee and Weekly Giveaways(Hacked? + Redirects to scam websites, possible phishing and drive-bys too.
- Bitember Dogecoin pool. - 0% fee, Prop, Block + fee reward, Vardiff, Stratum. 50% of revenue goes to charity!
- dogecoin.opencode.hu - Prop, Vardiff
The layout on many of these websites are the same. But they are all separate pools.