Reviving Decentralized Mining Pools

This chapter explores the resurgence of decentralized mining pools, particularly focusing on models like P2Pool, Braid Pool, and Rad Pool that minimize central control. It discusses the technical mechanics of Bitcoin mining, the concept of weak blocks, and the operational challenges faced by these systems, including orphan risks and efficiency issues. Additionally, the chapter analyzes innovative solutions from other networks such as Ethereum to enhance decentralization and the overall efficiency of mining processes.