What are the upsides and downsides of P2P mining pools?

Jeff
Posts: 3
Joined: Mon Apr 10, 2017 12:47 pm

What are the upsides and downsides of P2P mining pools?

Wed Apr 12, 2017 6:29 am

P2P mining - pros and cons? Go!
Hart
Posts: 138
Joined: Sat Apr 08, 2017 8:33 am

Re: What are the upsides and downsides of P2P mining pools?

Wed Apr 12, 2017 7:00 am

- allows individual miners to join together in order to solve new blocks
- lower difficulty level
- spreads out the hashing power of different users

cons:

- If you join the pool but don't participate, you won't receive the reward
- If a p2p pool has more than 51% hash output of the global network, it would disrupt the blockchain transactions

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