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What is a mining pool?

A mining pool is a joint group of cryptocurrency miners who combine their computational resources over a network to strengthen the probability of finding a block or otherwise successfully mining for cryptocurrency. Cryptocurrency mining pools are groups of miners who share their computational resources.

What is poolstat?

PoolStat is an Australian developed, web-based, all in one solution for running your Associations tournaments and leagues. There is no shortage of things PoolStat can do. It looks after all of your competition information including historical access.

What is a proportional mining pool?

Proportional mining pools are among the most common. In this type of pool, miners contributing to the pool's processing power receive shares up until the point at which the pool succeeds in finding a block. After that, miners receive rewards proportional to the number of shares they hold.

What is Multipool mining?

Multipool mining: these are groups of miners that move from one cryptocurrency to another trying to find which one is the most profitable to mine. What are the most well-known mining pools?

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