Group mining is a method where multiple participants collaborate to mine cryptocurrency, pooling their resources to increase their chances of successfully adding new blocks to the blockchain. By combining their computational power, they can tackle complex mathematical problems more efficiently than they could individually.In this setup, miners usually share the rewards based on their contribution to the group’s collective mining efforts. This approach not only enhances the likelihood of earning rewards but also reduces the variance in income, as rewards are distributed more evenly among members.Group mining can take place through mining pools, which are organized platforms that facilitate this collaboration. Participants often face fees and need to trust the pool operators to distribute rewards fairly. Overall, group mining is a popular strategy, especially for individual miners who may not have the resources or equipment to compete effectively on their own.