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Public Pool

Public Pool

Information about the broker Public Pool

Rating: 0
Jurisdiction: not mentioned
Regulators: not mentioned
Foundation date: 2023
Site: https://web.public-pool.io

Brief informationPublic Pool

This is an open-access mining platform where users can mine Bitcoin independently and fully control the process. The creators of the Public Pool service claim that there are no commissions, data protection, and a simple interface for configuration. Additionally, there is an affiliate program that allows you to receive rewards for attracting new participants.

The website states that the project is the best mining pool with no fees. No roadmap is provided, but the domain name was registered in 2023.

PublicPool is a new generation mining pool that operates without commissions or revenue distribution among intermediaries. The open-source project was created by Benjamin Wilson, who receives support in the form of donations from users and the GitHub community. Its main goal is to make Bitcoin mining as accessible and independent as possible by removing the influence of centralized structures.

Public Pool

Public Pool investment plans and returns

To start mining, users need to:

  • go to the configuration settings;

  • specify the pool address and port;

  • enter username.

To receive rewards directly, you need to connect your own BTC wallet. After that, the mining process will run automatically. The developers emphasize that the absence of commissions allows participants to keep the maximum profit for themselves.

PublicPool is based on the principle of solo mining: users search for blocks independently and receive the entire reward upon successful completion. The disadvantage is that this requires significant computing resources and high costs, and the process itself can take months without any income.

The project is open source under the MIT license and consists of two parts:

  • Backend — processes Stratum connections and monitors block status;

  • Frontend — provides a web interface for configuring, monitoring, and connecting miners.

Although it is possible to connect to a public network, this is risky: other users may connect to the same address, and profits will have to be shared. To get the most out of PublicPool, it is recommended to run the service on your own server and configure your node manually, which requires serious technical skills.

In other words, Public Pool is a site for solo Bitcoin mining. Here, miners work for themselves: if they happen to find a block, the entire reward (3.125 BTC) goes to them alone. The upside is that there are no commissions, but the downside is that the chance of finding a block is very small.

Public Pool

Registration and personal account on web.public-pool.io

You don't need to create an account to work with PublicPool — your BTC address is used as your ID. The reward for the block you find is automatically transferred directly to it.

Deposits and withdrawals with Public Pool

In the case of Public Pool, there is no question of withdrawing Bitcoin from Public Pool. It is a solo pool. This means that the money earned through it is automatically sent to the wallet specified by the miner. It must be specified in the Address field on the web-site.

There is no deposit on the project. But to receive rewards directly, users need to connect to their own BTC wallet. 

Conclusion about Public Pool

The project may be of interest to mining enthusiasts, but it involves high risks. Solo mining requires expensive equipment and time, the platform does not provide adequate protection and support, and frequent failures only increase the likelihood of losing funds. Therefore, it should not be considered a reliable option for earning money at this time. Check PublicPool reviews before mining.

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