Bitcoin Q&A: How Do Miners Determine Which Pool To Make Use Of?

Why would a miner select one pool over one other? Could it rely on which payout scheme a pool affords? The pools insurance policies? And how usually may a miner change their thoughts?

This query is from the January month-to-month patron session, which occurred on January 25th, 2020. If you need early-access to talks and an opportunity to take part within the month-to-month stay Q&As with Andreas, turn out to be a Community Builder on Patreon:


Bitcoin Q&A: What is mining? –

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Bitcoin Q&A: Mining, power costs, and price market

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Bitcoin Q&A: Is quantum computing a risk? –

Andreas M. Antonopoulos is a best-selling creator, speaker, educator, and extremely wanted knowledgeable in Bitcoin and open blockchain applied sciences. Andreas has written two best-selling technical books for programmers, Mastering Bitcoin and Mastering Ethereum. He has printed The Internet of Money collection of books, which deal with the social, political, and financial significance and implications of those applied sciences. He is thought for making complicated topics simple to grasp and highlighting each the optimistic and damaging impacts these applied sciences can have on our international societies.

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Translations of MASTERING BITCOIN:





Translations of THE INTERNET OF MONEY:

Spanish, ‘Internet del Dinero’ (v1) –

German, ‘Das Internet des Geldes’ (v1) –

German, ‘Das Internet des Geldes’ (v2) –

French, ‘L’internet de l’argent’ (v1) –

Vietnamese, ‘Internet C?a Ti?n T?’ (v1) –

Music: “Unbounded” by Orfan (

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Bitcoin Q&A: How Do Miners Determine Which Pool To Make Use Of?

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  1. The rich sees economic crisis as a garage sale. (:. Investing in bitcoin right now will be the only key 💸💭..

  2. Por favor, σε παρακαλώ, please , podrías activar subtítulos en español. Gracias y fuerza 👍👍❤️🇪🇸

  3. Hey Andreas, my question is when the 4 million bitcoins, that are presumably lost, are priced into the remaining 14 million or so, its shows that bitcoin's fair market value us drastically undervalued. Why us no one speaking about this fact? I mean, I understand that the market gets to buy this "asset" at a depressed price, I get that, but still shouldn't people know they should be appreciating these prices more than they seem to bo…? Just wondering.

  4. Nano is knowingly fairly well decentralised and distributed for its market size. Is the there something wrong with their open representative consensus model?

  5. Unrelated question that no one can answer properly and I thought i'd give a good mind a try. What good is a real time US debt clock that goes unchanged when they print multi trillions of dollars. Why is that not added to the National Debt in real time.

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