Replying to Avatar TKay

What makes miners choose a specific pool over others? for example why would a lot of pool jump on the big pools and not spread out?

I understand they may find more blocks which means more frequent payments, but isn't it technically all the same in terms of chance and hashrate? so on a smaller pool you will get roughly the same amount just more slowly?

#asknostr
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Juniper Stilwell 1y ago

1. Payout structure (PPS+, FPPS, etc.)

2. How much of the hashrate the pool controls

3. Withdrawal limits & options

4. Policies and Legal constraints (e.g. KYC)

5. Protocol support & operational support (e.g. stratum V2 support, dashboards)

There are several points of differentiation pool operators can use to make a compelling offering for miners. It comes down to what sort of trade offs you want to make as a miner.

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