Hello, I'd like to know what a mining pool is and how I could go about creating one. Any advice would be helpful.
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A mining pool is a group of cryptocurrency miners who work together to increase their chances of successfully mining blocks and earning rewards. Setting up a mining pool requires you to install mining software that manages the pool’s operations, create a pool account, and set up a digital wallet where earnings are stored and distributed. For those new to this process, the article what is a mining pool https://blog.whitebit.com/en/what-is-a-mining-pool/ on the WhiteBIT blog is highly recommended. It provides a detailed, step-by-step guide that covers everything from the initial setup to optimizing your mining pool for better performance.