Solo mining for a usa miner due to new tax laws makes sense. I have 2th. I am mining with btcguild..
I move the btc at the .1 mark or about 1 time a day. my 2014 tax return will need to show every 0.10 btc entry made with the usd value at the time.
So that would be 365 entries if I keep my pace up. I can do this. I have accounting training and tax experience .
Plus 2th is too much to lose if it never hits a block at solo mining.
But if you have 1 ant s-1 have zip skill for preparing a tax return.
here is the breakdown .5 to buy one = 220 usd. power on under clock and undervolt 140gh at 200 watts = 5 k-watt a day or .50 to 1.00 usd a day.
so 220 + 365 = 585 the first year. that is at 20 cents a k watt.
second year is 365. that is at 20 cents a k watt.
no tax reporting unless you hit a block. a 25 coin block is about 11000 usd today. the downside is at the diff of 8 today it is 2800 to 1 to hit a block in 1 day.
Topic: How to solo mining on LAN ??? (Read 3658 times)
I love the solo idea
What do you mean? What do you love in solo mining idea?
p2pool is a FUTURE of mining.
If you want to mine solo ... good luck.
But I don't say - for some "new" altcoins it is worth a try, as pools might became a scam ...
USE ONLY TRUSTED POOLS! With some payment history
Yep, better many much hash rates!
I love the solo idea
Solo mining is fine, for some altcoins with lower difficulty, if you have enough GH/s anyhow. Not for bitcoin, obviously, unless you have like 100 TH/s. Having the solo mining setup as a backup pool helps secure the network, also.
I remember back when I got introduced to Bitcoin, also wanted to try my luck on solo mining and burnt 4 cards. Moral of the story: Don't solo mine
Perhaps I am lucky that my gpu still work 
I was solo mining too and I had 6770 only
I did it just to see how it works ...
Till now my GPU is working
And I do not recommend solo mining.
I remember back when I got introduced to Bitcoin, also wanted to try my luck on solo mining and burnt 4 cards. Moral of the story: Don't solo mine
Good luck! You will need it 
If you're using the latest version of cgminer, you need to specify an address to mine to.
Instructions from the cgminer README:
Instructions from the cgminer README:
Quote
SOLO MINING
Solo mining can be done efficiently as a single pool entry or a backup to
any other pooled mining and it is recommended everyone have solo mining set up
as their final backup in case all their other pools are DDoSed/down for the
security of the network. To enable solo mining, one must be running a local
bitcoind/bitcoin-qt or have one they have rpc access to. To do this, edit your
bitcoind configuration file (bitcoin.conf) with the following extra lines,
using your choice of username and password:
rpcuser=username
rpcpassword=password
Restart bitcoind, then start cgminer, pointing to the bitcoind and choose a
btc address with the following options, altering to suit their setup:
cgminer -o http://localhost:8332 -u username -p password --btc-address 15qSxP1SQcUX3o4nhkfdbgyoWEFMomJ4rZ
Solo mining can be done efficiently as a single pool entry or a backup to
any other pooled mining and it is recommended everyone have solo mining set up
as their final backup in case all their other pools are DDoSed/down for the
security of the network. To enable solo mining, one must be running a local
bitcoind/bitcoin-qt or have one they have rpc access to. To do this, edit your
bitcoind configuration file (bitcoin.conf) with the following extra lines,
using your choice of username and password:
rpcuser=username
rpcpassword=password
Restart bitcoind, then start cgminer, pointing to the bitcoind and choose a
btc address with the following options, altering to suit their setup:
cgminer -o http://localhost:8332 -u username -p password --btc-address 15qSxP1SQcUX3o4nhkfdbgyoWEFMomJ4rZ
Here is a sample from one of my config files that I use for solo mining. For example, if you want to mine crazycoin, this would be in your ~/.crazycoin/crazycoin.conf file. You would need to run the crazycoind program and let it fully sync before you can mine to this server as a host. So, I normally would have the crazycoin program running, full blockchain synced, on the same device that my mining machine is connected to.
~/crazycoin/crazycoin.conf:
server=1
rpcuser=crazycoinrpc
rpcpassword=longstringoflettersandnumbershere_couldbeanything
rcpallowip=127.0.0.1
rpcport=65564
port=65565
rpcconnect=127.0.0.1
So, then you would set up CGMiner with a string something like this:
cgminer -o http://127.0.0.1:65564 -u crazycoinrpc -p longstringoflettersandnumbershere_couldbeanything
On windows, the conf file would likely be under appdata/Roaming/crazycoin, I think.
Hope this helps, cheers~
~/crazycoin/crazycoin.conf:
server=1
rpcuser=crazycoinrpc
rpcpassword=longstringoflettersandnumbershere_couldbeanything
rcpallowip=127.0.0.1
rpcport=65564
port=65565
rpcconnect=127.0.0.1
So, then you would set up CGMiner with a string something like this:
cgminer -o http://127.0.0.1:65564 -u crazycoinrpc -p longstringoflettersandnumbershere_couldbeanything
On windows, the conf file would likely be under appdata/Roaming/crazycoin, I think.
Hope this helps, cheers~
Uhm... You'd better have a lot of hash power 
you also need to set the rpcallowdip=192.168.1.0 (to all your subnet lan) and server=1
good luck. you are going to need it
good luck. you are going to need itYes
while solomining for bitcoins luck is needed But give it a try! You will see how much you can get.
regards and all best!
you also need to set the rpcallowdip=192.168.1.0 (to all your subnet lan) and server=1
good luck. you are going to need it
good luck. you are going to need it
Hi, how can i connect my other computers to my rpc server using the wallet?
I added rpcallowip=192.168.1.11
Now how 192.168.1.11 can mining on my server lan?
Thanks.
EDIT: So i think i need to add rpcconnect=IP into my config file. I will try it.
I added rpcallowip=192.168.1.11
Now how 192.168.1.11 can mining on my server lan?
Thanks.
EDIT: So i think i need to add rpcconnect=IP into my config file. I will try it.
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