Mining Bitcoin Join a pool {Post-24}

If the numbers weren’t convincing enough then we’re letting you know that solo mining is as good as dead. You need to join a pool in order to actually get something out of all the effort you’re going to be putting in. There are plenty of pools out there but you need to join up in a pool with a lot of participants. The following four have the highest number of participants and the highest output.

--> Slush’s pool (mining.bitcoin.cz)

-->BTC Guild

-->Eligius

-->GHash.IO

When you register an ID at each pool, you will be given a worker ID and PASSWORD. For each worker [i.e. individual machine] you need to create a new worker ID and PASSWORD. If you own 5 ASIC machines then 5 IDs and
PASSWORDS will be needed, one for each. You can join multiple pools as well and then gather different worker IDs and PASSWORDS from each pool.