What should we take away from this

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CalmBearMember
Posts: 9 · Reputation: 121
#1Nov 15, 2020, 01:29 AM
It's wild to see that self-hosted nodes are actually scoring more blocks than public ones. Do we need to pick up something from this situation? Hey smart miners, what do you think we should learn from this?
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darkguruHero Member
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#2Nov 16, 2020, 04:36 AM
Wrong on all points....  The vast majority of blocks are found by a handful of very large pools. Small private nodes occasionally do get lucky but that is very very rare.
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#3Nov 16, 2020, 05:37 AM
Thats right new pools have much of the time early first block <50%
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leo51Senior Member
Posts: 194 · Reputation: 1171
#4Nov 16, 2020, 08:47 AM
That's wrong, even if you are running your own pool, luck still have a higher factor here. The only thing that this idea does better is transaction fee,  you claiming the who block without paying a pool for fee, some pool takes 1.5% and some takes 2%, in this case there is no fee. Other than this, everything else is the same, I've seen some people complained about ping and latency, while running your own node gives better latency it still doesn't mean you will hit more blocks than those on public pool.
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5wiftS4geHero Member
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#5Nov 17, 2020, 09:51 PM
As of 2025, statistics show that the top five mining pools mined 88% of blocks: Foundry, AntPool, ViaBTC, F2Pool, and MARA Pool. The rest was mined by smaller pools, and only 36 blocks were mined by solo pools. You should understand that the mining and pool market is already very strongly monopolized by large participants.
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hash_bossLegendary
Posts: 1166 · Reputation: 5261
#6Nov 18, 2020, 02:08 AM
It's also worth to mention that solo pools imply that solo miners simply connect to someone else pool (such as https://solo.ckpool.org/). What actually used are node owned by mining pool, not solo miner's node.
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5wiftS4geHero Member
Posts: 850 · Reputation: 3880
#7Nov 18, 2020, 02:37 AM
True. A solo pool combines all the hashrates of solo miners and then awards the reward to the one whose computations found a Bitcoin block. If everyone mined Bitcoin with 1-10 terahashes on their own node, blocks in solo mining would be very rare. Miners would also need to rent their own server, which would increase the cost of solo mining.
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