Cryptocurrency Q&A
What is the difference between Pool and Solo RVN mining? While you mine in the POOL you work together with other miners. In SOLO mode you are alone.Should I mine ravencoin Olo mode?
What is the difference between Pool and Solo RVN mining? While you mine in the POOL you work together with other miners. In SOLO mode you are alone.Should I mine ravencoin Olo mode?
HanjiArtistryCraftsmanshipMasterpiece
Fri Jun 21 2024
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6 answers
1577
Could you elaborate on the key differences between Pool and Solo RVN mining? When mining in a Pool, does it involve cooperating with a network of miners to increase chances of finding blocks? Conversely, what does Solo mining entail? And finally, what are the pros and cons of mining Ravencoin in Solo mode that a potential miner should consider?
6 answers
CryptoWizard
Sun Jun 23 2024
The key difference lies in the reward mechanism. If you find zero blocks in solo mining, your reward is also zero.
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BenjaminMoore
Sun Jun 23 2024
Due to the inherent risks and uncertainties of solo mining, we recommend it only for experienced users.
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Isabella
Sun Jun 23 2024
When engaging in mining activities, there are two primary modes: mining in a pool and solo mining.
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GyeongjuGloryDaysFestival
Sun Jun 23 2024
Mining in a pool involves collaborating with other miners, where the collective efforts increase the chances of finding blocks and earning rewards.
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SakuraWhisper
Sun Jun 23 2024
Furthermore, even for experienced miners, we advise solo mining Ravencoin only if you have demonstrated the ability to find at least 2-3 blocks within 24 hours.
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