I think the initial setup costs can vary widely. You might be looking at a few hundred to a few thousand dollars, depending on your server and software needs.

Not worth it. Don’t forget about ongoing costs! You’ll need to pay for hosting, electricity, and possibly some development costs and cost for infrastructure

Thanks for the insights! Are there any specific software options that are recommended for beginners?

Yes! There are several open-source options like MPOS or NOMP that can help you get started. They have good community support, which is helpful for newcomers.

Also, think about the network you want to mine on. Some coins have more resources available for pools than others, which can affect your learning experience. Trying to setup a pool is reinventing the wheel, HashHenge automatically assign you to the most recommended pool on every mining session

If anybody could just get up and start a pool easily, then there would have been millions of pools. Think about it

Reward distribution can be done in several ways, like PPLNS or PPS. Each has its pros and cons, and it's important to choose one that aligns with your educational goals.

Just a heads up, you'll also need to think about security measures to protect your pool from attacks. This is a crucial part of the setup process.

I appreciate all the advice! I’m really excited about the learning aspect.

Absolutely! Joining an existing pool can give you valuable insights into how they operate, which can be extremely helpful before you dive into creating your own.

Thanks, that’s a great idea! I’ll look into some pools and see how they manage things. For those of you saying i just stick to HashHenge, I am already mining here and making profit but was fascinated on how pools work. Your input has been really helpful!

Don't waste your time