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24 Jun 2025

Why Bitcoin Mining Pools Exist

Why Bitcoin Mining Pools ExistBitcoin mining is financially risky, even large operations can go months without finding a block. Bitcoin mining pools solve this by combining hash power, earning more frequent rewards, and distributing payouts across miners. This model has shaped Bitcoin mining for over a decade. 🔍 From the PBJ podcast — recorded at Presidio Bitcoin Full episode: https:// 🐦 Follow us: https://x.com/PresidioBitcoin 🌐 Learn more: https://presidiobitcoin.com

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