What makes miners choose a specific pool over others? for example why would a lot of pool jump on the big pools and not spread out? I understand they may find more blocks which means more frequent payments, but isn't it technically all the same in terms of chance and hashrate? so on a smaller pool you will get roughly the same amount just more slowly? #asknostr
There might be ideological reasons for some Bitcoiners to join certain pools. For instance, my understanding is that @OCEAN recently took a stance on ordinals and created a template (one out of three so people have the option to mine without filters) that filters them out when mining. They are willing to forgo premiums in transaction fees to "optimize" for monetary Bitcoin transactions. So that is one alternate case....
choice of company and a national entity earning the fees
1. Payout structure (PPS+, FPPS, etc.) 2. How much of the hashrate the pool controls 3. Withdrawal limits & options 4. Policies and Legal constraints (e.g. KYC) 5. Protocol support & operational support (e.g. stratum V2 support, dashboards) There are several points of differentiation pool operators can use to make a compelling offering for miners. It comes down to what sort of trade offs you want to make as a miner.