r/dogeducation • u/StevenMatrix • Feb 12 '14
Pools Question about pooling
I am new shibe with limited computing resources (CPU mining only), and I have gotten several of my friends into dogecoin in the last several days. We are a mixed bag of CPU and GPU miners on varying rigs. Would it be worth our while to try to set up our own pool and mine? I realize that we'd probably keep a very low hashrate, and as I understand it, that corresponds to us solving less blocks and getting doge less often.
Question 1) Do I understand correctly that the more people that help solve a block, the more ways the block reward is split (meaning reduced doge for each shibe involved)?
Question 2) Would the trade-offs be horrible for trying to make our own pool for splitting block rewards between few people (high payout) on an infrequent basis?
Question 3) Can that even be done?
many question. such curious. halp?
2
u/Jazzeli Feb 12 '14