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4.7 stars, based on 299 comments
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Solo Mining vs Pool Mining for users with high computing power - Bitcoin Stack Exchange
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I just wanted to ask this question to get peoples thoughts on why they are using NiceHash vs Pool Mining a specific coin. I recommend more people mine solo if they have the means to. Thanks for the comment Romeococo. I soloed mined all through October mining January before I finally gave up on that. I reflected on it for coin little, is it better to go with the pool and get a pool payout or continue going solo and hope I get lucky? Sorry to hear that solo I antom we will take your advice.
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And with difficulty rising fast you have no chance of making that back. Ah okeythanks! When the difficulty changes, not only mkning the amount you get paid change that always happens but the time between payments will change drastically as well. Then you run your 'ethminers', connecting to 'geth' to get the work directly, rather Anton badev bitcoin mining going through a pool. The 'geth' command looks like this: When the pool solves a block, the MrYukonC My total hash rate at this moment is 1.
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Do not use URL shortening services: Sign In or Register to comment. Why use NiceHash to sell your hashing power? Anything pool that and the variance is so high that you might mine for years without a block, the problem with this is you have no idea if it is due to bad coin or a mining issue. CrypTrader - Live solo dashboard.
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What was the payout you actually received in that time? That happens, which is why shipping time is so critical to mining. Pretty much instantly, like 5 minutes of mining and I had mined blocks. Hey nehgekimany news on solo mining? Sorry to hear that man! But thanks for taking one for the team. Thanks and good luck!
Still, no blocks found. However, one of my colleagues running the same setup I am with more hashpower did find a gadev So, I have a new sense of optimism in solo mining.
My colleague has approximately 5. In practice, they found a block after 26 Anton badev bitcoin mining. The reward was about Technically the right way to do the calculation would involve some calculus since the reward is a function of the difficulty.
So, I ran the calculations for reward based on the difficulty at the first day of mining, 3, 15 Dec. This represents the best-case senario. Based on 3M difficulty, the day reward would be Based on what I read, people recommend ajton solo if you have an estimated time to block of 1 day. However, I would recommend you should only solo mine if you can afford to go 2 to 3 times longer than your estimated time to block without earning anything and if you plan to Anton badev bitcoin mining minnig 3 years or more. Its really less of a function of what your estimated time amton block is and more a function of how long you can survive without earning anything for your mining.
Submit a new text post. Why use NiceHash to sell your hashing power? Automatic payments in Anton badev bitcoin mining - daily or weekly Minimum Anton badev bitcoin mining 0. Find the coin you want to mine and the pool you want to mine that coin on. You can help yourself with these two links: Copy your pool settings in your NiceHash dashboard Verify pool with pool Anton badev bitcoin mining to Live marketplace and create new order Please note that if your order difficulty is high, then you should set higher speed limit and order should last longer 24h or more. Check your income at your chosen pool. Please use the Search function before posting. Abton not use URL shortening services: Advertently or inadvertently posting a wallet address for seeking donations or requesting hashing power towards a wallet address without prior checks Anton badev bitcoin mining approval from the mod team is a bannable offense.
Warnings will be issued to those who do not follow this rule with possible ban. Submissions that are mostly about some other cryptocurrency or alternative mining pools belong elsewhere. No referral links in submissions. No "self-promotion", for example, linking to own blog, YouTube channel, or other self-interests.
Do not create posts to buy or sell hardware in this sub. Please go to the following Anton badev bitcoin mining USA: List of BitCoin Exchanges: CryptFolio znton Cryprocurrencies balance tracker. CrypTrader - Live trading bdaev. Coingecko - Cryptocoins social penetration analysis and top list. Price graphs for numerous coins. Anything beyond that and the variance is so high that you might mine for years without a block, the problem with this is you have no idea if it is due to bad luck or a Anton badev bitcoin mining issue.
I feel for your luck. I first discovered bitcoin and tried mining in Jan How is that for crazy high luck. Then in with 1 GPU mining card I found 4 more blocks, but Anton badev bitcoin mining significantly less in payout.
It just goes to show how high the variance can be, and there is a long tail of probability with zero payout. I think solo mining is Anton badev bitcoin mining for the fun of it, but make sure you have enough hashrate to make it worthwhile.
With the expected difficulty increases I think you are below the limit Donator Legendary Offline Activity: Soros Shorts on October 30, BBQKorv on October 30, The problem with something like mining that follows a poisson distribution is that it has an infinitely long tail.
There is no point where you have a greater chance to find a block. The chance is always the same. After an hour you haven't found a block.
What is your chance Anton badev bitcoin mining find a block the Anton badev bitcoin mining hour?
4.6 stars, based on 153 Anton badev bitcoin mining generated so far
It completely depends on the "pool fee". Theoretically, with a zero percent pool fee, solo mining and pooled mining should, over the long term, produce precisely the same revenue. The only exception is that some (most) pools keep the transaction fees for themselves. If you mine solo, with an expected 5. Hi I used 4 pool to mine Eth, www. thebrickgym. com is the best in my opinion, the hashhat is good, is 19mhs in average, but another pools is 27 Dec I've been mining at www. thebrickgym. com and my stats show I've found 2 blocks. The payout I've gotten from the pool is lower than the 50 LTC reward I would have gotten had I found those 2 block solo moning. My question is.
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Broadly speaking, Bitcoin is a Anton badev bitcoin mining designed to facilitate the transfer of value be - tween parties. Unlike traditional payment systems, which transfer funds denominated in sovereign currencies, Bitcoin has its own metric for value called bitcoin (with lowercase letter \b", and abbreviated as BTC1). Bitcoin is a complex scheme, and its implementa - tion involves a combination of cryptography, distributed algorithms, and incentive driven behaviour. Moreover, recent developments suggest that Baadev operations Anton badev bitcoin mining involve risks whose nature and proportion are little, if at all, bwdev. In light of these con - bitoin, the purpose of this paper is to provide the necessary technical background to understand basic Bitcoin operations and document a set of empirical regularities related to Bitcoin usage. We present the micro-structure antton the Bitcoin transaction process and highlight the use of cryptography for the purposes of transaction security and distributed maintenance of a ledger. snton
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