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How does a solo mining pool work?
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Advanced Crypto Solo Mining Pool is a service that provides the essential infrastructure (like a node and block submission) for an individual miner to attempt finding a full block reward, but unlike a regular pool, the entire block reward goes only to the miner who solves it, not split, making it a high-risk, high-reward lottery where the pool takes a small fee (1-2%) for convenience and technical support. Miners connect their hardware, receive work, and if they find a block, the pool validates it and sends the full reward (current 3.125 BTC + fees) directly to the miner's wallet.

How it works:
  1. Connect your miner: Point your mining hardware (such as an ASIC) to the pool's server using the Stratum protocol, entering your Bitcoin wallet address as the username.
  2. Receive work: The pool server provides you with tasks (work units) to solve, similar to a traditional pool, but focused on finding a complete block.
  3. Submit valid shares: If your miner finds a valid solution (a "share") that meets the difficulty, you submit it to the pool.
  4. Block discovery: When one of your shares is the actual solution to a new block for the entire Bitcoin network, the pool recognizes it.
  5. Full reward payout: The pool submits the block to the network and sends the entire block reward (e.g., 3.125 BTC plus transaction fees) directly to your wallet, minus a small fee. 
Key differences from traditional pools:
  • Reward structure: You keep 100% of the winnings; traditional pools share rewards among all members.
  • Risk: Solo mining is extremely volatile, like a lottery, with long periods of no earnings for potentially massive payouts.
  • Convenience: It removes the technical burden of running your own full node and managing block submission, making solo mining accessible. 
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How does a solo mining pool work? - by Agatha Christie - 6 hours ago

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