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Author Topic: Costs for a Mining Pool Provider?  (Read 231 times)
bitcoinwin
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December 13, 2021, 04:08:35 AM
 #1

What are the associated costs for running a mining pool?

Would really like to get an idea of the actual costs of being a pool provider, whether that be software, employees, etc. Sparked my interest as Foundry runs a pool with a 0% fee which I can't imagine is sustainable long term (even though I know they offer other services).
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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BitMaxz
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December 21, 2021, 11:59:24 PM
 #2

So do you have a plan to make a mining pool?

It won't cost anything if you run a mining pool with your own PC there are open source code out there called Yiimp you can find it with this link below

- https://github.com/tpruvot/yiimp

It only costs you if you going to host it to VPS and buy a domain.

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December 22, 2021, 02:00:59 AM
 #3

But it most certainly will cost you if you aren't doing it as a joke.
You need a fast world wide network to distribute your blocks.

Pool: https://kano.is - lowest fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
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March 27, 2022, 04:20:16 PM
 #4

You'll need baremetal servers for nodes : 170 USD per month
VPS for pools : 30 USD per month
VPS for database : 30 USD per month

multiplied by each continent.

A lot of engineering (60 000 USD per year for each employee to scale your mining pool)

SOLO Mining pool : soloblocks.io
Your farm needs us.
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