Mining pools get solutions from all the connected miners, and if one of those numerous solutions appears to be a proper one, the pool gets a reward for the created block. This reward is shared proportionally to the efforts applied by the miners and forwarded to their wallets.
The pool who discovers the answer gets a reward. For instance, in Bitcoin blockchain the reward is 6.25 BTC, in Ethereum network— 2 ETH, in the Zcoin network — 14 XZC, etc.
However, for some cryptocurrencies, you could still find a block solution within a reasonable amount of time even if you mine alone. It is always hard to run the full node for each coin you want to mine at your local facilities. Therefore 2Miners presents the SOLO pools for every coin we have. It works the same way as standard pool: you connect to a specified address with your mining software, and you get all the available 2Miners features: statistics, bots, etc.
SOLO mining is a type of cryptocurrency mining while using your own (or leased) hardware but without any help from other miners. If you find a solution for a block — you get the coins if you don’t — you get nothing. “The winner takes it all” as the ABBA song says.
Read more