mining alone on a pool VS real solo mining via RPC

ronnylov

member

Activity: 276

Merit: 13

Quote from: Dpminer on February 07, 2018, 11:02:51 AM

according to whattomine i should mine 3.9 etc per day, thats exactly 1 block. i have 0.013% hashrate from the total hash.

i was just in the impression that i would get the same result by solo mining than mining alone on that pool. 1 or 2 blocks per day was ok with me.

i though maybe something is going different between mining alone on a pool and solo mining. Maybe the way that the work is distributed over the rigs.

0.013% of 5800blocks/day = 0.7 blocks, just 1 or 2 was doable

Mining is random. The average might be one block per day but still some days you get 3 blocks and sometimes you need 3 days to get 1 block.

jillscarbrough

sr. member

Activity: 588

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Quote from: Dpminer on February 07, 2018, 11:02:51 AM

according to whattomine i should mine 3.9 etc per day, thats exactly 1 block. i have 0.013% hashrate from the total hash.

0.013% from 7.19 Th/s, it means you have around 930-950 Mh/s Hashrate, around 31-35 card, right? I suggest you don't do solo mining in ETC, a Network Hashrate, and Difficulty too high for your Hashing Power. If you want solo mining with your Rig, find other coins.

Dpminer

newbie

Activity: 10

Merit: 0

according to whattomine i should mine 3.9 etc per day, thats exactly 1 block. i have 0.013% hashrate from the total hash.

i was just in the impression that i would get the same result by solo mining than mining alone on that pool. 1 or 2 blocks per day was ok with me.

i though maybe something is going different between mining alone on a pool and solo mining. Maybe the way that the work is distributed over the rigs.

0.013% of 5800blocks/day = 0.7 blocks, just 1 or 2 was doable

NeuroticFish

legendary

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It worth to try solo mining only if you have really big hash rate. And maybe if you like to gamble.
Most don't have the guts and the patience for that, that's why pool mining is the main option for most.

If you have a significant hash rate you can indeed earn more from solo mining. You save at least the pool fees.
But if you have 0.000001% of the network hash rate don't even think about it and just go for pool mining.

Edit: If your hash rate is small enough, you may have to wait much more than 72h until you get a block. You should start with a calculator and see for your hash rate how much time you'd need with pool mining to get the reward one block holds.

ronnylov

member

Activity: 276

Merit: 13

In the very long run you should earn a bit more with solo mining because there are no pool fees. But it might need a very long time to find blocks when mining yourself and some periods you are more lucky than other periods. Maybe you hit a lucky period on the pool and unlucky period when solo mining? With pool mining many miners shares the rewards and payouts are more evenly distributed.

Maybe try some coin with lower difficulty if you want to solo mine.
There are some lesser known coins you can try here: https://minerpool.net/

For testing try one with low network hashrate which should make you find blocks more often.

Dpminer

newbie

Activity: 10

Merit: 0

Just a quick question guys....

i wanted to try solo mining but before setting up the nodes .. i found a mining pool for ETC where they were simply no one on it.

i began mining and i was finding around 1 or 2 block per day on the pool so after 4 days i decided to install parity and sync the whole chain and start mining solo via rpc protocol. its been almost 72h and i have found no block. ( if someone ask why not stick to that pool , well the one who setup the pool somehow made a mistake or not with the payout, and simply keep 1 ether on every blocks found. for testing i didnt mind at all )

Is there something differente between mining alone on a pool and actualy mining solo directly to the nodes Huh

everything is setup properly in case someone asked , i have changed parity to testnet ropsten and i found blocks and get paid.

any idea

thank you !!!!

Topic: mining alone on a pool VS real solo mining via RPC (Read 194 times)