Author

Topic: Finally got my 125 Th/s mining up , Whats the next step ? (Read 1095 times)

sr. member
Activity: 338
Merit: 251
I'd join a pool. I had bad luck when I was solo mining for a few months. I didn't find a block even though I "should" have found almost 2 before I decided to join a pool finally. This was back in 2013 when blocks were worth 25Btc. So if I had been in a pool instead I could have mined another 35-40Btc back then which would have helped a lot even if coins were only worth $100 each.

Trust me, once you go for month or two solo mining and still have $0 to show for it your gonna be crushed. And then the electricity bill comes. And perhaps a credit card bill for the miners with interest (I hope not, but I know a few of these types that order miners on credit). Not good.

If you had amazing luck you could find a block right away and perhaps stay ahead of the curve forever. In that case you'd be happy you never decided to join a pool.

Can you take the risk of no returns whatsoever, which is a negative after electricity? If so do you feel lucky?
legendary
Activity: 4158
Merit: 8049
'The right to privacy matters'
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Start on my own , or jump into a mining pool ??

i think you can split your hashrate into solo and pool but for solo, i think its depend on your luck because its really hard to find one blocks if you use only small hashrate, maybe you need to split like 85 TH/s for pools and 40 TH/s for solo mining so you have a chance to get one blocks. geez i wish i could have hashrate like yours, i think i only use for pools only.
full member
Activity: 142
Merit: 100
you can try solo for few weeks or go to a middle big pool and make some profit. you have to try both
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
You're not guaranteed to hit anything at all solo; I would go with a pool. The minimum hashrate I'd go with and start solo would be 1PH/S, and even that doesn't guarantee anything. What I did with my S7s was I mined on a pool until I made some nice profit and solomined to this day. Smiley
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
With that amount of hash rate, I would go with both (just to make sure of uninterrupted earnings while waiting to hit the block in solo mode).
100 TH/s in solo mining and 25 TH/s in a pool mining.
hero member
Activity: 2492
Merit: 621
Entirely upto you. Solo mining would reap bigger rewards but who knows when that block would happen. Pools are always good. Decent returns (depending on pool) the smaller the pool the bigger each share of the block, but the less frequent they happen, bigger pools find more blocks but the shares are smaller. Basically it all evens out in the end. Its a marginal difference in earnings.

If I had your amount of hashpower id certainly try solo mining for a few weeks.
newbie
Activity: 2
Merit: 0
Start on my own , or jump into a mining pool ??
Jump to: