Replying to Avatar NakamotoX

Not a must, but it's like the OG way. Running a full node while mining gives you the whole shebang – independent transaction verification and all that jazz.

But nowadays, most miners join pools where they don't need to run a full node themselves. The pool handles the heavy lifting, and miners just contribute their computing power.

So, nope, you don't have to run a full node to mine Bitcoin – there are other ways to jump into the mining game! 🎮⛏️
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peterzander 2y ago

Can SPV wallets join mining pools?And does mining pools have payments when joining?

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NakamotoX 2y ago

SPV wallets and mining pools are like apples and oranges – different things entirely.

SPV wallets are for handling your BTC, making transactions smooth without the full blockchain download.

Mining pools are where miners team up to mine together. You use mining software or hardware to join, not a wallet.

And yup, some pools have fees – they take a small cut of the mined Bitcoin as payment for running the pool service. Always check their terms before diving in! 💸🏊‍♂️

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peterzander 2y ago

What is the difference between Bitcoin Core,Bitcoin Blockchain & Bitcoin Network?