smaller pools means less frequent payouts since the chances of finding a block are lower
it's all about finding the right balance between pool size, frequency of rewards, and payout structure
maybe check out mining pool comparison sites like https://miningpoolstats.stream/ to filter pools based on size or other criteria
Topic: small mining pool (Read 308 times)
I run a solo pool currently and we're at around 70-80Th/s. It's friendly for small miners and mining farms. I have about 5 BitAxe's and 1 Avalon Nano 3 pointed to it, and a few people i've talked to have Nano 3's connected to it. I've been in the game since 2013, mostly just because it's a big interest of mine and a hobby.
The website address is: https://SoloHash.co.uk
There's a Discord link in the footer where you can chat to other miners and myself.
I'm also available in the OSMU Discord (Open Source Miners United) - a brilliant community that develops Open Source mining hardware.
How long have you been playing mining lottery?The website address is: https://SoloHash.co.uk
There's a Discord link in the footer where you can chat to other miners and myself.
I'm also available in the OSMU Discord (Open Source Miners United) - a brilliant community that develops Open Source mining hardware.
Just over a couple of months now. I've been on and off with GPU mining whenever my electricity prices go cheap enough to make it profitable (I'm on an agile tariff). But when I came across the BitAxe, an open source miner, it immediately peaked my interest again in bitcoin mining, but instead of pool mining for profit like I used to do several years prior, I decided to use these small miners just to solo mine for a chance to win that reward whilst they run off my solar install, and of course because I find it fun. I do miss the days of P2Pool, and mining at SlushPool, but now with how ridiculously expensive miners are (who is going to fork out thousands for one when they don't even cost that much to make?) and how power hungry they are, those days are gone at general PPLNS or PPS etc, mining.
With 11.5Th/s I have now, I'm happy with that. That's about a 1 in 431k chance per day of finding a block. Much better odds than the lottery here still. That's about 300watts of power, and if you know UK prices of electric, you'd understand why that is a limit really.
I run a solo pool currently and we're at around 70-80Th/s. It's friendly for small miners and mining farms. I have about 5 BitAxe's and 1 Avalon Nano 3 pointed to it, and a few people i've talked to have Nano 3's connected to it. I've been in the game since 2013, mostly just because it's a big interest of mine and a hobby.
The website address is: https://SoloHash.co.uk
There's a Discord link in the footer where you can chat to other miners and myself.
I'm also available in the OSMU Discord (Open Source Miners United) - a brilliant community that develops Open Source mining hardware.
How long have you been playing mining lottery?The website address is: https://SoloHash.co.uk
There's a Discord link in the footer where you can chat to other miners and myself.
I'm also available in the OSMU Discord (Open Source Miners United) - a brilliant community that develops Open Source mining hardware.
Just over a couple of months now. I've been on and off with GPU mining whenever my electricity prices go cheap enough to make it profitable (I'm on an agile tariff). But when I came across the BitAxe, an open source miner, it immediately peaked my interest again in bitcoin mining, but instead of pool mining for profit like I used to do several years prior, I decided to use these small miners just to solo mine for a chance to win that reward whilst they run off my solar install, and of course because I find it fun. I do miss the days of P2Pool, and mining at SlushPool, but now with how ridiculously expensive miners are (who is going to fork out thousands for one when they don't even cost that much to make?) and how power hungry they are, those days are gone at general PPLNS or PPS etc, mining.
I run a solo pool currently and we're at around 70-80Th/s. It's friendly for small miners and mining farms. I have about 5 BitAxe's and 1 Avalon Nano 3 pointed to it, and a few people i've talked to have Nano 3's connected to it. I've been in the game since 2013, mostly just because it's a big interest of mine and a hobby.
The website address is: https://SoloHash.co.uk
There's a Discord link in the footer where you can chat to other miners and myself.
I'm also available in the OSMU Discord (Open Source Miners United) - a brilliant community that develops Open Source mining hardware.
How long have you been playing mining lottery?The website address is: https://SoloHash.co.uk
There's a Discord link in the footer where you can chat to other miners and myself.
I'm also available in the OSMU Discord (Open Source Miners United) - a brilliant community that develops Open Source mining hardware.
Just over a couple of months now. I've been on and off with GPU mining whenever my electricity prices go cheap enough to make it profitable (I'm on an agile tariff). But when I came across the BitAxe, an open source miner, it immediately peaked my interest again in bitcoin mining, but instead of pool mining for profit like I used to do several years prior, I decided to use these small miners just to solo mine for a chance to win that reward whilst they run off my solar install, and of course because I find it fun. I do miss the days of P2Pool, and mining at SlushPool, but now with how ridiculously expensive miners are (who is going to fork out thousands for one when they don't even cost that much to make?) and how power hungry they are, those days are gone at general PPLNS or PPS etc, mining.
Im on kanopool pplns, more nodes over the world, block once a year but you never know when is the next one.
I run a solo pool currently and we're at around 70-80Th/s. It's friendly for small miners and mining farms. I have about 5 BitAxe's and 1 Avalon Nano 3 pointed to it, and a few people i've talked to have Nano 3's connected to it. I've been in the game since 2013, mostly just because it's a big interest of mine and a hobby.
The website address is: https://SoloHash.co.uk
There's a Discord link in the footer where you can chat to other miners and myself.
I'm also available in the OSMU Discord (Open Source Miners United) - a brilliant community that develops Open Source mining hardware.
How long have you been playing mining lottery? The website address is: https://SoloHash.co.uk
There's a Discord link in the footer where you can chat to other miners and myself.
I'm also available in the OSMU Discord (Open Source Miners United) - a brilliant community that develops Open Source mining hardware.
I run a solo pool currently and we're at around 70-80Th/s. It's friendly for small miners and mining farms. I have about 5 BitAxe's and 1 Avalon Nano 3 pointed to it, and a few people i've talked to have Nano 3's connected to it. I've been in the game since 2013, mostly just because it's a big interest of mine and a hobby.
The website address is: https://SoloHash.co.uk
There's a Discord link in the footer where you can chat to other miners and myself.
I'm also available in the OSMU Discord (Open Source Miners United) - a brilliant community that develops Open Source mining hardware.
The website address is: https://SoloHash.co.uk
There's a Discord link in the footer where you can chat to other miners and myself.
I'm also available in the OSMU Discord (Open Source Miners United) - a brilliant community that develops Open Source mining hardware.
You can use one of the small trusted pools like Kano.is.
With that said, I think you don't understand how mining works, and you somehow think that you can outsmart everyone else and make more money by mining to a smaller pool, but it doesn't work this way, smaller pool = less blocks and higher variance, if you hit a block you get more rewards per hashrate, but the pool would find less blocks than a larger block.
Think about it this way, you can go hunting alone which means if you shoot something, you get to keep it, but then -- good luck with that, the other option would be going in a group of 10, if you manage to hunt something you split it, better chances than being alone, but a lot less rewards, the third option would be going with 1000 other hunters, you are always guaranteed to take some food back home, but then it's a smaller portion.
However, overall, in the long run, you would eventually get paid for the work you did + how lucky you were.
With that said, I think you don't understand how mining works, and you somehow think that you can outsmart everyone else and make more money by mining to a smaller pool, but it doesn't work this way, smaller pool = less blocks and higher variance, if you hit a block you get more rewards per hashrate, but the pool would find less blocks than a larger block.
Think about it this way, you can go hunting alone which means if you shoot something, you get to keep it, but then -- good luck with that, the other option would be going in a group of 10, if you manage to hunt something you split it, better chances than being alone, but a lot less rewards, the third option would be going with 1000 other hunters, you are always guaranteed to take some food back home, but then it's a smaller portion.
However, overall, in the long run, you would eventually get paid for the work you did + how lucky you were.
Was just wondering if I could join a smaller mining pool for a bigger reward.
If you need a bigger reward, increase your mining hash rates instead. The best that you can do is to join a well known mining pool that is mining blocks often. That is not what a small mining pool can be doing. If you know that you can not mine profitably, you can hold bitcoin instead when the price is low already.
Does anyone know is there a pool that has a limit on miners?
Was just wondering if I could join a smaller mining pool for a bigger reward.
Anybody know of a site?
Many thanks
Was just wondering if I could join a smaller mining pool for a bigger reward.
Anybody know of a site?
Many thanks
there are issues with smaller pools.
it takes a long long long time to hit blocks.
many times the pool ends without ever hitting a block.
i mined on mmpool.org eventually they ran off after hitting a block
i mined on https://pool.laurentiapool.org/#/
they shut down with out ever hitting a block.
Does anyone know is there a pool that has a limit on miners?
Was just wondering if I could join a smaller mining pool for a bigger reward.
Anybody know of a site?
Many thanks
Are you asking about pools without commissions, or do you think the more miners, the smaller the reward?Was just wondering if I could join a smaller mining pool for a bigger reward.
Anybody know of a site?
Many thanks
If you want to mine solo, then choose any pool from the list, invite miners to it, and share the rewards yourself if you mine a block.
https://miningpoolstats.stream/bitcoin
Does anyone know is there a pool that has a limit on miners?
Was just wondering if I could join a smaller mining pool for a bigger reward.
Anybody know of a site?
Many thanks
Was just wondering if I could join a smaller mining pool for a bigger reward.
Anybody know of a site?
Many thanks
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