Post
Topic
Board Pools
Re: How do pools work?
by
jonnybravo0311
on 15/12/2015, 15:53:34 UTC
All miners connected to the pool are mining for the pool. So if anyone finds a block the block will belong to the pool (gets paid out to the pools address).
Just a quick correction here... not all pools mine to a central address and then distribute payouts - although most do (including my own pool).  P2Pool and Eligius split the 25BTC up in the coinbase transaction itself so when the block is found, the miner gets virgin coins.