Bitcoin Q&A: How do miners decide which pool to use?

Why would a miner choose one pool over another? Could it depend on which payout scheme a pool offers? The pool’s policies? And how often might a miner change their mind?

This question is from the January monthly patron session, which took place on January 25th, 2020. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a Community Builder on Patreon: https://www.patreon.com/aantonop

Related:
Bitcoin Q&A: What is mining? - https://youtu.be/t4p4iMqmxbQ
Bitcoin Q&A: Energy consumption - https://youtu.be/2T0OUIW89II
Bitcoin Q&A: The economics of mining pools - https://youtu.be/kZ5QQ__J2Io
Bitcoin Q&A: Mining incentives after 2140 - https://youtu.be/LNSlIiKyZJM
Bitcoin Q&A: The mining process - https://youtu.be/L4Xtau0YMJw
Bitcoin Q&A: Mining, energy prices, and fee market - https://youtu.be/hrVCd6Pt4l4
Bitcoin Q&A: Nonces, mining, and quantum computing - https://youtu.be/d4xXJh677J0
Bitcoin Q&A: Hash functions, mining, and addresses - https://youtu.be/zI9jnB8HFkI
Bitcoin Q&A: Is quantum computing a threat? - https://youtu.be/wlzJyp3Qm7s

Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. Andreas has written two best-selling technical books for programmers, “Mastering Bitcoin” and “Mastering Ethereum”. He has published “The Internet of Money” series of books, which focus on the social, political, and economic importance and implications of these technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies.

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Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq
German, 'Das Internet des Geldes' (v1) - https://amzn.to/2LEiyqO
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Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang

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