With that been said, then we can say that solo mining is better than group mining then, right, and is this applied just in the case of using solar or generally?
The problem with solo mining is that you can mine for a long time and earn zero dollars in profit. If the odds were high, many mining companies would devote a small portion of their hashpower to solo mining. They don't do this because the calculator shows that mining in a shared pool is more profitable.
Hmmm, this is a serious point made, so what are the major differences between pool mining and group mining, where group of individuals pull their resources together to start up mining. Honestly I feel like group mining should be more profitable but from the points made by Philipma, it seems like group mining is less profitable.
Unless you're talking about mining pool which I really haven't done a deep research on it so as to understand how it works exactly and how it is different from group mining, but I'll do that research.
But can you tell me like the major difference between group mining and pool mining or are the the same thing, like pool mining is basically a group of people coming together to mine and then share the profit based on their shares or contributions to the pool.
