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Can mining pools be trusted?


Posts: 8
Customer
Topic starter
(@cyrus_kub94)
Active Member
Joined: 2 weeks ago

As far as I understand, pool mining is fully based on trusting the pool operator not to run away with the funds, because the address where the funds are deposited is controlled by the pool operator, not the individual miners. Are there any assurances that if I finally hit a block after years of trying, I will actually receive the funds? 

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Posts: 9
Customer
(@laird-bird)
Active Member
Joined: 2 weeks ago

And that is why you run your own node. 

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Posts: 9
Customer
(@sunny-skies123)
Active Member
Joined: 2 weeks ago

Outside of running your own node like Laird said I'd say pick mining pools that have a history of paying their users when blocks were hit. Solo CK pool I believe has always paid out, whereas public pool has never even hit a block so who knows what they'd do?

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Customer
(@kealon-french)
Joined: 2 weeks ago

Active Member
Posts: 3

@sunny-skies123 public pool hit a block this past march, but it was someone running their own instance of public pool, not the main hosted version, so you won't see the block on their public facing web site.

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Posts: 1
Customer
(@c7b3pihudm)
New Member
Joined: 6 days ago

At one point I was making about a dollar every 2-3 days mining dgb on antpool, but I never got paid for the blocks I found on there.

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