Pool choice?
Noob question, apologize if answer is obvious or stupid.. Joigning large pool is bad because we need decentralization. But as a miner, what are the pro and con of joigning a small pool?
If I understand well, a small pool as little chance to find blocks but if they do, the reward is split in less people (because it's a small pool). On the other hand large pool with more hashrate may find more blocks but with rewards split into many miners….
How can we estimate the miner reward as a function of pool size.
Why there is no mechanism that increase difficulty for large pool (thereby enforcing decentralization?)
submitted by /u/seb59
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