singlepool

Single pool refers to a mining or staking arrangement in which a single operator aggregates resources from multiple participants to perform block generation or validation. In this setup, miners or stakers contribute their hash power or stake to one pool, and rewards are distributed to participants according to their contributed shares or stake, less the pool’s fees. This concept is common in both proof-of-work mining pools and proof-of-stake staking pools, though the exact mechanisms differ by network and pool policy.

In mining pools, participants run hardware that connects to the pool’s server; the pool submits shares representing partial work and, when a block is found, distributes rewards to contributors. Payout methods can vary, including pay-per-share or proportional schemes, and fees are typically charged by the operator. In staking pools, the pool aggregates stake and delegates it to validators; rewards are allocated to pool members in line with the pool’s rules and the term of delegation.

Advantages include easier access to consistent payouts for smaller contributors, centralized support, and simplified administration for pool operators. Disadvantages include increased centralization risk, a single point of failure, potential for mismanagement or disputes over fees, and the need to trust the operator with funds or control of stake.

Note: The term is used descriptively and may refer to different implementations across networks. See mining pool, staking pool, and decentralization for related concepts.