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Topic: Can i solo mine with a rented rig ? (Read 2849 times)

hero member
Activity: 541
Merit: 500
October 23, 2017, 01:22:55 PM
#40
Interesting site, but why would you ask here if you can do something on their site?

As for solo mining itself.  All depends on the coin and why you want to solo mine.  If it is a very small unknown coin solo mining can be profitable.  If you are attempting to solo mine something like BTC you can, but chances are you will never find a block, which will mean you will never get a payout.

The chance to find a coin solo mining even in a fairly low mined coin are quite low, unless you are pretty much keeping the coin alive.  

Is there a reason you want to solo mine as opposed to mining within a pool?
sr. member
Activity: 639
Merit: 251
October 23, 2017, 01:14:10 PM
#39
Read about cloud minning at the beginning, but it is better that you expand your capabilities not necessarily alone because prices will ruin your budget, but find people and do it together.
sr. member
Activity: 585
Merit: 251
October 23, 2017, 11:00:04 AM
#38
I am looking to create an ICO announcement thread here on bitcointalk. Looking for any one who provide that service I will appreciate it. Or I can get your junior member thread. Please contact me at @BoonTech (telegram handle)

Of course you can try it yourself, but personally I figured it was very difficult, laborious and unprofitable. At your place I would find a trusted partner or the whole team and I would try to work together for the common good.
member
Activity: 98
Merit: 10
1st Job Marketplace without Crypto Fluctuation
October 22, 2017, 10:30:44 PM
#37
I am looking to create an ICO announcement thread here on bitcointalk. Looking for any one who provide that service I will appreciate it. Or I can get your junior member thread. Please contact me at @BoonTech (telegram handle)
full member
Activity: 137
Merit: 104
October 22, 2017, 10:23:12 PM
#36
yes but use nicehash
member
Activity: 105
Merit: 11
BYTZ
October 22, 2017, 05:31:17 PM
#35
People regularly rent petahashes from MRR, I use them myself, and rent out my rigs.. Of course if you are going up against the big guys with your asica or gpus, they will certainly have the advantage, but, you are only one hash away for the effort is worth it, for 12.5 BTC  Cool
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
October 08, 2017, 01:52:33 PM
#34
if i rent a ring at miningrigrentals can i solo mine with it ?
Read about cloud mining, after getting knowledge in this part of crypto you can say if your wallet will grow or just go down, this will give you outlook on situation.
member
Activity: 84
Merit: 12
Block Hunting
October 08, 2017, 09:45:28 AM
#33
You could join this    https://bitcointalksearch.org/topic/cksolo-block-hunt-forum-block-hunters-hashpower-required-escrow-2207363

We are hosting a group block hunt it will increase your chances of finding a block in a group effort and the project is being escrowd by CK himself.

Pop over and have a look or check the signature in my status.

We are almost at 100TH target for starting the project.
full member
Activity: 357
Merit: 100
October 08, 2017, 09:42:32 AM
#32
if i rent a ring at miningrigrentals can i solo mine with it ?

Yes you can, I do every now and again Smiley.

When I have some spare bitcoin I use my rentals to solo bitcoin mine on ck's pool: https://bitcointalksearch.org/topic/yh-solockpoolorg-2-fee-solo-mining-usade-255-blocks-solved-763510

miningrigrentals.com have been around for a while and I've been using them for about a year without any problems what so ever.

I still haven't found a block though but 80 people have in the last 12 months.

so is it true that if you do solo mining, if you dont find a block you wont get any satoshis?

I solo mine on cks pool everyday lol and have used minigrigrentals for some time now more than a year probably, if, after renting the rig on a couple of occasions, and the hashrate is not as advertised, you can message the owner and generally they will give you a couple of hours extension - I have never had a problem there.

Can you please tell me how to setup my wallet to accept connections from miningrigrentals? tried but did not worked, used
rpcallowip=*
rpcallowip=my external ip
rpcallowip=127.0.0.1

Added my myip:PORT as stratum url, my user and passsword from my wallet conf file in miningrigrentals but they said no connection, offline pool.
Please send me a PM and i can donate if you or someone else help.

Thank you
member
Activity: 105
Merit: 11
BYTZ
October 02, 2017, 12:56:59 PM
#31
if i rent a ring at miningrigrentals can i solo mine with it ?

Yes you can, I do every now and again Smiley.

When I have some spare bitcoin I use my rentals to solo bitcoin mine on ck's pool: https://bitcointalksearch.org/topic/yh-solockpoolorg-2-fee-solo-mining-usade-255-blocks-solved-763510

miningrigrentals.com have been around for a while and I've been using them for about a year without any problems what so ever.

I still haven't found a block though but 80 people have in the last 12 months.

so is it true that if you do solo mining, if you dont find a block you wont get any satoshis?

I solo mine on cks pool everyday lol and have used minigrigrentals for some time now more than a year probably, if, after renting the rig on a couple of occasions, and the hashrate is not as advertised, you can message the owner and generally they will give you a couple of hours extension - I have never had a problem there.
sr. member
Activity: 490
Merit: 250
October 02, 2017, 12:53:14 PM
#30
if i rent a ring at miningrigrentals can i solo mine with it ?

Of course you can. I know some people who are good at it, but I think the group would be easier for you. Especially at the beginning. Try to find trusted people and work together!
hero member
Activity: 966
Merit: 535
September 17, 2017, 05:53:56 PM
#29
if i rent a ring at miningrigrentals can i solo mine with it ?

Yes if it's an altcoin and you rent enough hashrate yes. Why so you want to so this though ? It's usually almost always better to mine in a pool.

if i rent a ring at miningrigrentals can i solo mine with it ?

1st of all, what youre describing is called cloud mining.. you should read up on that.

Also I never heard of that site or service so most likely could be a scam only based on 90% new business in btc are likely like that.  Do not choose new services over the old known ones.

Go with hashnest that people are rave about.

What is cloud mining? And just mining?

I read to much about this scam and is there any list, thread and Websites? I want to be safe please and thank you for the answer.

Please don't listen to that guy he has no idea what he is talking about. Miningrig rentals is 100% legit. You rent from people not them. They just facilitate it. Nasus you need to stop talking about things you know nothing about and state them as fact.
full member
Activity: 238
Merit: 112
September 16, 2017, 07:00:26 AM
#28
You can solo mine, but don't rent rigs. Because I think it is not worth it. Go collect and save some money and you will be happy.
full member
Activity: 168
Merit: 100
September 16, 2017, 06:09:57 AM
#27
if i rent a ring at miningrigrentals can i solo mine with it ?

1st of all, what youre describing is called cloud mining.. you should read up on that.

Also I never heard of that site or service so most likely could be a scam only based on 90% new business in btc are likely like that.  Do not choose new services over the old known ones.

Go with hashnest that people are rave about.

I wish I can have answers this coul help me out thanks.

•What is cloud mining? And just mining?

•I read to much about this scam and is there any list, thread and Websites? I want to be safe please and thank you for the answer.
newbie
Activity: 54
Merit: 0
August 31, 2017, 11:45:19 AM
#26
I don't think solo mining will work for btc. If some new coins come out, and there is no too many pools yet, you can consider the solo mining. You are competing your calculation power with the whole world.
member
Activity: 63
Merit: 10
August 30, 2017, 11:34:23 PM
#25
miningrigrental isn't a ponzi, it work like a charm, i did many many renting with them, everything went always fine, their support is top notch

and yes you can solo mine, you need to allow inbound connections in your machine or virtual machine, than point the mniner that you've rented to your esternal ip so not to 192.168.xx.xx

this ip must be allowed to recieve connection from your config file in the folder of the client you want to point at your miners

rpcallowip= your public ip(ISP ip)

Pointed same as you mentioned, But i see no traffic from Rental hash,  Hashesperspec is not changing. Let me know if am missing something

{
    "blocks" : 1460,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 5.52731873,
    "errors" : "",
    "genproclimit" : -1,
    "networkhashps" : 421904705,
    "pooledtx" : 0,
    "testnet" : false,
    "chain" : "main",
    "generate" : true,
    "hashespersec" : 42794
}
sr. member
Activity: 392
Merit: 250
TimSweat
September 05, 2015, 05:02:47 PM
#24
MiningRigRentals is by far not a scam , I have rented from them many many times and even put my GawMiners The Fury up on it for people to rent and have rarely had any issues , and if I did , either the owner of the rig fixed the issue or the staff would fix the problem accordingly . So don't be afraid to use them .
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
September 04, 2015, 02:57:40 AM
#23
if i rent a ring at miningrigrentals can i solo mine with it ?

Yes you can, I do every now and again Smiley.

When I have some spare bitcoin I use my rentals to solo bitcoin mine on ck's pool: https://bitcointalksearch.org/topic/yh-solockpoolorg-2-fee-solo-mining-usade-255-blocks-solved-763510

miningrigrentals.com have been around for a while and I've been using them for about a year without any problems what so ever.

I still haven't found a block though but 80 people have in the last 12 months.

so is it true that if you do solo mining, if you dont find a block you wont get any satoshis?
Yes. The main income for crypto currency mining is always from the block reward and transaction fees. In pools, the machine will submit shares to the pool to prove that they are working to solve the block. The more you submit, the more percentage of the BTC from the mined block you would get. For solomining, you are the only one mining for the block hence you would get full percentage of the reward only if you solve a block.
sr. member
Activity: 322
Merit: 250
Real power doesnt hit hard,but right to the target
September 03, 2015, 03:30:18 AM
#22
if i rent a ring at miningrigrentals can i solo mine with it ?

yes you can rent at miningrigrental or ETC
but you need more capital

solo miner is very hard, that like agambling
full member
Activity: 182
Merit: 100
September 03, 2015, 03:28:29 AM
#21
maybe you can but those type of site are just a scam just trying to pay you a small fee for keeping your money here everyday
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