Are there still mining pools that give bonuses for high hash power? I remember back in 2021, it was super profitable, but now...idk. Anyone have insights?
Mining Pools and High Hashrate Strategies
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Totally! Some pools still offer bonuses but mostly for merging mining altcoins, not Bitcoin. Like ViaBTC does that. But caution, sometimes a lower hashrate pool can be better based on how they pay.
For sure, with ViaBTC you might get a kickback on fees if you bring in enough power. But honestly, with just 2.5 PH you're not VIP material, need 10 PH for that.
token_laserMember
Posts: 62 · Reputation: 208
#4Mar 29, 2024, 10:02 AM
Fees are killer sometimes, man. I have a pool with 0.5% fees great reliability, too. But I guess high hash rate is kinda subjective, right?
So, what’s your hashrate at? You get some discounts but can you really figure out the chances of finding a block solo? I mean, serious farm setups have like 10k devices!
atlas_orbitMember
Posts: 26 · Reputation: 118
#6Mar 29, 2024, 04:37 PM
If you have high hash rate, you can rake in sats but it's tricky. Low hash rate pools can be risky, too, plus check fees and payout schedules first!
Yeah sure, but it's getting tougher these days... Bonuses are only for the big dogs, not average miners. Feels like a gimmick to chase those bonuses.
Some pools love high hashrates, especially above 20 PH. They offer nice bonuses if you're a big contributor. Kano, appreciate your pool! Fees seem solid!