It’s hard to determine which one is the best type of mining. Both hardware mining and cloud mining come with their own advantages and disadvantages. Cloud Mining vs Hardware Mining Conclusion.Joining a Bitcoin mining pool is kind of like buying lottery tickets with a group of friends and agreeing to It can often be worth joining a better-quality pool with a lot of users and paying a higher fee as that could. Mining pools allow Bitcoin miners to combine their efforts and share the rewards earned.