Introduction

Going solo as a small miner can be daunting, from having to deal with high cost requirements to the uncertainty of block earning, which can take weeks, months, and years in some cases.

Mining pool offers a variety of benefits, including a consistent payout guarantee regardless of hash rate power, making it ideal for small miners.

Why should you consider joining a mining pool? What benefits does a mining pool offer to small miners?

We will be delving deeper into these questions in this article.

What Is a Mining Pool and How Does It Work?

A mining pool basically involves a process where cryptocurrency miners pool their resources together to solve complex puzzles to earn a block reward.

Unlike solo mining, which involves individual effort and a minimal chance of earning a profit, a mining pool significantly increases the chance of earning block rewards as miners combine their hash power across a single network, thereby increasing their likelihood of locating blocks.

Profits earned from collective effort are shared in proportion to the specific amount of computing power contributed by each member. Let's take a deeper look at some of the benefits mining pools offer to solo miners.

Advantages of Mining Pools for Small Miners

1. Stable Profits Through Mining Pool Participation

Unlike solo mining, where the probability of earning is little to none, with a mining pool you receive smaller but frequent payout that comes in a consistent and steady pattern.

Additionally, mining pools significantly increase the chances of finding new blocks regularly. Thanks to the combination of hash power by miners, you don't have to worry about waiting for days, weeks, or even months before finding a block.

 2. Lower Entry Threshold for Small Miners

Additionally, mining pools enable small miners to generate consistent profits without incurring high costs or experiencing low hash rates.

Miners pool their resources together and split the reward earned from mining a block. This greatly helps in reducing the cost that comes from solo mining, as you don't have to worry about high hash power, which means you get to earn consistently regardless of the level of your hash power or financial capability.

3. Smoothing Out Profit Fluctuations

With regular payout guarantees and predictable earnings, mining pools make it easier for small miners to plan their income and reinvest in better mining hardware effectively.

Some of the payout options for miners include:

• PPS (pay per share): Here, you get paid for each share you submit, regardless of whether the pool finds a block or not.
• PPLNS (pay per last N shares): Payment in this method is made only when a block is found, and the amount you get is based on the total number of shares you contribute.
• SOLO: In this method, you, as an independent miner, carry out the mining process and get the full block reward.

Additional Benefits of Joining a Mining Pool

• Technical support: With a mining pool, you don't have to worry about the complex technical factors that come with block construction or running a full node. The pool operator does all the hard work for you.
• Optimized infrastructure: Besides helping you reduce the costs associated with building personal mining infrastructure, mining pools also enhance smooth mining operations.
• Reducing downtime: Mining pool also greatly helps you in reducing downtime by continuously assigning hashing jobs to miners, ensuring optimal usage of mining infrastructures.
• Access to advanced features: It also gives you access to more advanced features like auto-switching coins and merging coins, which help you optimize your overall block earnings.

Choosing the Right Mining Pool for Small Miners

Some factors to consider when choosing the right mining pool include:

Pool fees: Various mining pools charge different fees for the services they offer to their members. These charges typically range between 1% to 4% and have a direct impact on the overall net income of miners. It's advisable to opt for a mining pool that charges the lowest fees. 

Payment method: Additionally, the payment method should be considered when choosing a mining pool, as it directly affects how, when, and the amount you receive for your mining work. While PPS might be great for you as a small miner who wants a steady payout, a PPLNS is a better option for miners who want higher long-term rewards.

Global server: This is also a crucial factor to consider when selecting a mining pool, as it can help avoid serious technical issues that may result in income loss or impact your mining process. Opt for a mining pool with the right global server to ensure a seamless mining operation.

Reputation: Choosing a reputable mining pool is essential to ensure transparency, fairness, and stability. Additionally, with a reputable mining pool, you can ensure that your mining operation and payouts are in safe hands, giving you peace of mind.

That's where ViaBTC comes in!

ViaBTC is reputable for its standout mining service, earning the trust of over 1.7 million users across 150+ countries worldwide as of June 2025. Known for its efficiency and reliability, ViaBTC ensures the smooth operation of the mining process, making it ideal for small miners.

Conclusion

Mining pools offer a range of benefits to small miners, including guaranteed payouts and technical support. With a mining pool, you can ensure consistent earnings while also making your overall mining journey easier.

Disclaimer

The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed, or investment, or trading advice. Qualified professionals should be consulted before making financial decisions.