Gnaget,
I, see you have bad luck with solo mining. Maybe is pooling better solution.
But, about long polling support. I must change pool constantly (slush, btcguild or deepbit).
In first few hours, all of them have good statistics, who rapidly down after 12-24 h.
I don't know, why this happening with my miners.
Topic: Solo mining... how to do? - page 2. (Read 8383 times)
I don't like the massive variance of solo even at 10ghash+/s.
Just join a pool and get steady daily payments. It makes more sense unless you are into gambling.
There is nothing to guarantee you will actually find as many blocks in a year as you would make from a pool. It could even out in 6 months, 12 months or 5 years.
If you occassionally need to pay running costs like electricity or spare parts from your BTC earnings you are screwed as a solo miner if you haven't earned anything for ages.
You can't predict your income on a monthly basis which makes it unprofessional IMO.
Just join a pool and get steady daily payments. It makes more sense unless you are into gambling.
There is nothing to guarantee you will actually find as many blocks in a year as you would make from a pool. It could even out in 6 months, 12 months or 5 years.
If you occassionally need to pay running costs like electricity or spare parts from your BTC earnings you are screwed as a solo miner if you haven't earned anything for ages.
You can't predict your income on a monthly basis which makes it unprofessional IMO.
+1, Credit Card Bills and Electricity Bills wait for no one.
I'll describe my solo setup. I'm at 7 GH/s, but I recently joined a 0% pool (btcguild) since the variance was just too high. I have 7 machines running ubuntu, and 1 virtual machine on my server also running ubuntu. The miners were connecting to an instance of pushpool / simplecoin on the virtual machine, which I had modified with a couple lines of php code to send me a text message if any of them went inactive. I liked the setup, but after 3 weeks of not generating a block, I said screw it.
Alternatively, you could just simply connect to the bitcoin client, but you lose the long polling support, and you don't get the handy charts and data.
The most important thing, in my opinion, is the remote power switch. These things generate heat, and they will crash, a lot. The iBoot remote power switch is a worthy investment, since it will continuously ping the machine, and if it doesn't respond for a period of time, it will cut the power, and restart the machine. It minimizes downtime, and thus pays for itself over time. Make sure the machines start up mining though, otherwise, what is the point.
If you are comfortable with linux, I'd seriously recommend ubuntu. It is fairly simple to get setup, and you can use ssh and screen to bring all your miners together in one management interface. I pull up the screen instance on my virtual machine, and then simply select the machine I want to view, and run through the miner instances to make sure they are all running right.
Good luck
Alternatively, you could just simply connect to the bitcoin client, but you lose the long polling support, and you don't get the handy charts and data.
The most important thing, in my opinion, is the remote power switch. These things generate heat, and they will crash, a lot. The iBoot remote power switch is a worthy investment, since it will continuously ping the machine, and if it doesn't respond for a period of time, it will cut the power, and restart the machine. It minimizes downtime, and thus pays for itself over time. Make sure the machines start up mining though, otherwise, what is the point.
If you are comfortable with linux, I'd seriously recommend ubuntu. It is fairly simple to get setup, and you can use ssh and screen to bring all your miners together in one management interface. I pull up the screen instance on my virtual machine, and then simply select the machine I want to view, and run through the miner instances to make sure they are all running right.
Good luck
I want to try solo with 2 computers, and want to know more about correct connection. Also I want to include my friends in the future.
Not satisfied with pool mining in last few days.
Not satisfied with pool mining in last few days.
You are correct. Transaction fees get paid out to you when you find the block.
Solo mining is a good way to go, or if you're into pools then join small ones or start ones with friends. There's too many people mining in large pools these days. Too many pool operators getting paid for doing nothing but a little server maintenance -_-.
Solo mining is a good way to go, or if you're into pools then join small ones or start ones with friends. There's too many people mining in large pools these days. Too many pool operators getting paid for doing nothing but a little server maintenance -_-.
I may be wrong here but do you not get some share of transaction fees as well by solo mining or is this just further down the line
I'm not going to get into the debate about solo vs pool. They both have some merit, and I like the idea that you are supporting the original concept of bitcoin via solo, but anyway that's irrelevant.
As to HOW to do it, here is a good guide:
http://hardwaredoken.com/blog/?p=239&page=4
I'm fairly sure it is still accurate.
As to HOW to do it, here is a good guide:
http://hardwaredoken.com/blog/?p=239&page=4
I'm fairly sure it is still accurate.
This adress, didnt work
Do you have somethnig else.
Yeah, I wobble back and forth honestly. It's hard to watch your machines run all day and check your bitcoin client and see no change day after day. 
That little trickle that constantly comes in from a pool is nice, but you always have that thought in the back of your mind that it'd be nice to hit those big 50 coin payouts.
Whatever you do, pick one and stick to it for a good period of time. Solo mining is an utter waste if you don't stick to it because if you solo for a week or two and find nothing and then switch to pool, you've lost that two weeks of income you could have been making from a pool. Like I said earlier, if you solo or pool, it'll all end out close to even in the long run, just don't keep switching back and forth, that'll bite you in the arse.
That little trickle that constantly comes in from a pool is nice, but you always have that thought in the back of your mind that it'd be nice to hit those big 50 coin payouts.Whatever you do, pick one and stick to it for a good period of time. Solo mining is an utter waste if you don't stick to it because if you solo for a week or two and find nothing and then switch to pool, you've lost that two weeks of income you could have been making from a pool. Like I said earlier, if you solo or pool, it'll all end out close to even in the long run, just don't keep switching back and forth, that'll bite you in the arse.
I'm not going to get into the debate about solo vs pool. They both have some merit, and I like the idea that you are supporting the original concept of bitcoin via solo, but anyway that's irrelevant.
As to HOW to do it, here is a good guide:
http://hardwaredoken.com/blog/?p=239&page=4
I'm fairly sure it is still accurate.
As to HOW to do it, here is a good guide:
http://hardwaredoken.com/blog/?p=239&page=4
I'm fairly sure it is still accurate.
Top guy! just what i needed, i may run 10 cards on solo to see what happens for a week or so
I'm not going to get into the debate about solo vs pool. They both have some merit, and I like the idea that you are supporting the original concept of bitcoin via solo, but anyway that's irrelevant.
As to HOW to do it, here is a good guide:
http://hardwaredoken.com/blog/?p=239&page=4
I'm fairly sure it is still accurate.
As to HOW to do it, here is a good guide:
http://hardwaredoken.com/blog/?p=239&page=4
I'm fairly sure it is still accurate.
i got xfx 5870's, im going to use amd clock tool to put them near to 1000/185 as i am currently running.
Im gonna use extenders to put four each on asus 890fx boards, sempron 140 with unlocked core and 4gb ram. Ill run them singularly rather than in crossfirex as i understand i may have issues. If you think I shouldnt do solo then I wont as im looking to pay the rig off asap and then i can take gambles with solo if needs be
Im gonna use extenders to put four each on asus 890fx boards, sempron 140 with unlocked core and 4gb ram. Ill run them singularly rather than in crossfirex as i understand i may have issues. If you think I shouldnt do solo then I wont as im looking to pay the rig off asap and then i can take gambles with solo if needs be
Someone please correct me if I'm wrong, but in the long run, statistically, you're looking at exactly the same payoff going either way. The downside of pools is the fees.
Theoretically if you mine solo for a year and mine in a 0% pool for a year, you should get almost exactly the same amount of coins. Point in case, there was a post from Slush from Slush' pool a while back where he said he had found enough blocks to have made 4000 BTC on his own, meanwhile having pooled the entire time, he received 4018 BTC from his pooled mining.
So, the key is, do you want to make a little bit consistently or make big chunks at random intervals? Theoretically over the long term it shouldn't matter.
Theoretically if you mine solo for a year and mine in a 0% pool for a year, you should get almost exactly the same amount of coins. Point in case, there was a post from Slush from Slush' pool a while back where he said he had found enough blocks to have made 4000 BTC on his own, meanwhile having pooled the entire time, he received 4018 BTC from his pooled mining.
So, the key is, do you want to make a little bit consistently or make big chunks at random intervals? Theoretically over the long term it shouldn't matter.
I believe you are right this is why the larger pools are more steady over the short term but return the same long term.
Also what GPUs did you get and how are you going to set them all up?
I don't like the massive variance of solo even at 10ghash+/s.
Just join a pool and get steady daily payments. It makes more sense unless you are into gambling.
There is nothing to guarantee you will actually find as many blocks in a year as you would make from a pool. It could even out in 6 months, 12 months or 5 years.
If you occassionally need to pay running costs like electricity or spare parts from your BTC earnings you are screwed as a solo miner if you haven't earned anything for ages.
You can't predict your income on a monthly basis which makes it unprofessional IMO.
Just join a pool and get steady daily payments. It makes more sense unless you are into gambling.
There is nothing to guarantee you will actually find as many blocks in a year as you would make from a pool. It could even out in 6 months, 12 months or 5 years.
If you occassionally need to pay running costs like electricity or spare parts from your BTC earnings you are screwed as a solo miner if you haven't earned anything for ages.
You can't predict your income on a monthly basis which makes it unprofessional IMO.
Someone please correct me if I'm wrong, but in the long run, statistically, you're looking at exactly the same payoff going either way. The downside of pools is the fees.
Theoretically if you mine solo for a year and mine in a 0% pool for a year, you should get almost exactly the same amount of coins. Point in case, there was a post from Slush from Slush' pool a while back where he said he had found enough blocks to have made 4000 BTC on his own, meanwhile having pooled the entire time, he received 4018 BTC from his pooled mining.
So, the key is, do you want to make a little bit consistently or make big chunks at random intervals? Theoretically over the long term it shouldn't matter.
Theoretically if you mine solo for a year and mine in a 0% pool for a year, you should get almost exactly the same amount of coins. Point in case, there was a post from Slush from Slush' pool a while back where he said he had found enough blocks to have made 4000 BTC on his own, meanwhile having pooled the entire time, he received 4018 BTC from his pooled mining.
So, the key is, do you want to make a little bit consistently or make big chunks at random intervals? Theoretically over the long term it shouldn't matter.
Ok I have 20 gpu's coming on saturday... I might go into solo mining... unless anyone can find objections? Question is how do I do it... Ill have a 5 rig setup, do I create a server computer and direct everything to that? If poss can peeps send me a few how to links?
I know solo is more risky but in the long run am I looking at more payoff?
I know solo is more risky but in the long run am I looking at more payoff?
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