[btc] need hlp for solo mining | Bitcointalksearch.org

LucioTan

full member

Activity: 224

Merit: 100

Quote from: Barcode_ on July 11, 2016, 06:51:29 AM

Bitcoin block has been halved and give out only 12.5 BTC per block now, you should consider if it is still worth for you to do Bitcoin mining after deducting all the cost involved.

Yeah, it seems like mining for now is not a good idea. The fact that the block reward that you can get from mining is halved into 12.5 and the cost of electricity and others remain constant. The Market price of the bitcoin do not turn into what we want. The price remains stable in contrary to what we predicted that it will pump its price and it can even reach up to $1100. Maybe its too early to judge, we'll have to wait for its price to pump. Maybe mining Alt-coins is much preferably now. Especially ETH.

Barcode_

staff

Activity: 3206

Merit: 575

Join the world-leading crypto sportsbook NOW!

Bitcoin block has been halved and give out only 12.5 BTC per block now, you should consider if it is still worth for you to do Bitcoin mining after deducting all the cost involved.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: quatro on July 07, 2016, 04:55:14 PM

yous i do under stand that having a good internet is great even tho i have 500mb internet speed and the power that i use for my antminers are free i have 16 250W Monocrystalline Solar Panel powering them so ya im much smarter than most. but ill looking t some of thess solo pools but i want something with a good rep

then ckpool is the way to go.

I have hit and been paid 3 blocks from him

https://bitcointalksearch.org/topic/yh-solockpoolorg-2-fee-solo-mining-usade-255-blocks-solved-763510

FruitsBasket

legendary

Activity: 1232

Merit: 1017

Isn't solo mining something like gambling?
Since there is no guarantee that it will get you some bitcoin, but it costs money though(electricity).
So wouldn't u be better of by mining regularly in a pool instead of solo?

quatro

newbie

Activity: 8

Merit: 0

yous i do under stand that having a good internet is great even tho i have 500mb internet speed and the power that i use for my antminers are free i have 16 250W Monocrystalline Solar Panel powering them so ya im much smarter than most. but ill looking t some of thess solo pools but i want something with a good rep

AioFox

member

Activity: 84

Merit: 10

Quote from: quatro on July 05, 2016, 02:35:02 PM

hi there i bin bit coin mining for around 1 year and have 15 s3& 2 s5 antmininers runing. i now want to try my luck in solo mining. But i don't know how to set up my bfg miner and my bit core for this. if any one can hlp me or if ty can email me info at [email protected] on how to set the code lines up in my notepad ++ that would be great

I would suggest that you solo mine; it might take lots of years for you just to find a block and i don't think thats very profitable with the halving and the electricity bill that you have to pay. So just join a good mining pool and offer up your mining rigs; if you think they arent good enough, you can always sell them and try out the latest ones in store.

MSF-Kandel

newbie

Activity: 32

Merit: 0

Here further solo mining pools:

solo.mining-pool.io - 0% Fee, you GET ALL!

solo.nicehash.com

ltc.tbdice.org - Mine TWO Coins at once

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: quatro on July 06, 2016, 06:49:23 PM

Quote from: BigBoom3599 on July 06, 2016, 02:38:35 AM

You could setup a whole node but it's easier to mine to a solo pool such as ck's http://solo.ckpool.org/
Just point your miners to the pool and it will start mining, if you find a block you will get the 99% of the block reward + fees.

Is there Any tax's on this pool or not. and ill pint a few miners at it and see how it goes

To solo mine without a pool like ckpool you need a dedicated server and a really good net connection to prevent an orphan.

So ckpool fee is cheap compared to running a dedicated server and fast internet.

If you mine fully in house you pay for the faster net and the server 24/7/365 most likely you will not hit a block.

As you are well under 50th.

BigBoom3599

sr. member

Activity: 462

Merit: 250

Quote from: quatro on July 06, 2016, 06:49:23 PM

Quote from: BigBoom3599 on July 06, 2016, 02:38:35 AM

You could setup a whole node but it's easier to mine to a solo pool such as ck's http://solo.ckpool.org/
Just point your miners to the pool and it will start mining, if you find a block you will get the 99% of the block reward + fees.

Is there Any tax's on this pool or not. and ill pint a few miners at it and see how it goes

Yes, there's currently a 1% fee.

quatro

newbie

Activity: 8

Merit: 0

Quote from: BigBoom3599 on July 06, 2016, 02:38:35 AM

You could setup a whole node but it's easier to mine to a solo pool such as ck's http://solo.ckpool.org/
Just point your miners to the pool and it will start mining, if you find a block you will get the 99% of the block reward + fees.

Is there Any tax's on this pool or not. and ill pint a few miners at it and see how it goes

BigBoom3599

sr. member

Activity: 462

Merit: 250

You could setup a whole node but it's easier to mine to a solo pool such as ck's http://solo.ckpool.org/
Just point your miners to the pool and it will start mining, if you find a block you will get the 99% of the block reward + fees.

quatro

newbie

Activity: 8

Merit: 0

hi there i bin bit coin mining for around 1 year and have 15 s3& 2 s5 antmininers runing. i now want to try my luck in solo mining. But i don't know how to set up my bfg miner and my bit core for this. if any one can hlp me or if ty can email me info at [email protected] on how to set the code lines up in my notepad ++ that would be great

Topic: [btc] need hlp for solo mining (Read 1685 times)