Topic: You have a large hashrate and are losing 10% of ETH profit. Click here to fix. (Read 2549 times)

the problem with solo mining is that I have unstable network connection, the geth will be stuck at some point and does not connect to the network.

I have around 250 MH/s, and what's worst is that to get my correct earnings, I have to add 100 GH/s of hashrate to the network hashrate. I consider to solo mine soon. I'll try that on Monday. If that's true that I earn more, I'll try to remember you to give you a reward !

Yup, very true.

Stable connection is so important with this.

But it works though..

I tried solo miner. But the Geth.exe program is not reliable. If there is network dispruption, it will stop updating the blocks and keep on sending work to miners. So the miner waste a lot of energy.

But everything I have heard you really should be in the 50MH/s for solo mining.  I would really need to get another GPU for that.

One question I have how do you tell how many you found and gotten paid for?

Challenge for anyone - lookup how many blocks you've found for the pool you're on, vs how many coins you've earned. Prepare to be pissed.

Your logic is flawed. It may take you ages to hit a block (or not) but it will also take you ages to earn 5 Eth.

Switch to solo and be patient.

Couldn't agree more. You're leaving a lot of money on the table by pool mining ethereum. It's just not meant to be pool mined, it doesn't work properly. I average 25% more per day than pool mining, and it's a hell of a lot more fun. A bit more work, but good things require more effort.

My friend was mining on supr for months, with 3x 7970. He has found 133 block for the pool, but only been paid out 430 coins. You do the math! I'm going to help him switch to solo this weekend.

My opinion is anyone with 50mh/s or more should solo mine. You won't earn less than pool mining, and all chances point to earning more. Hell, everyone should solo, no matter the hash rate. Eth just doesn't work on pools. Don't let the variance and time it takes to hit blocks scare you. It always works out.

I wold like know how can I mininng alone? I feel like I'm being robbed by those damn pools

hello , iam a small miner 18mh and its a bs to mine in a pool , most of the time the pool reads wrong hashrate from 18 to 8 or even 0 , sometimes i get 0.01 pre hour sometimes 0.02 sometimes 0.001 its just P***off tbh i would change to solo but it will take ages to find a block for me probably ,and i wont be able to know how far iam from finding a block ...

The reason why most of them mine on a pool is because it's easy and they can mine directly to their Poloniex/Bittrex/... account.
As well as running a solo mining wallet isn't always as stable as it sounds. (or easy..)

Especially for those with a not so very stable network.



On the other hand.

It's a good initiative because at this moment, the biggest pools own to much percentage of the network and it should be divided.


I've got my solo setup working flawless. I make around 20-30% more per day than when i mine on a pool and what the calculators say.

So yeah, solo mining ethereum is the way to go. For those that have issues. Just ask, i've spent days to get the perfect setup and it's more than worth it!

There is an issue with your first link which you need to deal with.

Norton blocks this page and comes back with a warning to the browser that it is a malicious website.

What's up?

MODS, please sticky and/or do not delete. This thread is meant to economically incentivize large miners to move away from pool mining, in order to reduce undue influence on the network.

Large Miner, you likely landed here by searching for your Ethereum account.

By mining at a pool, you are losing approximately 10-15% of your profit due to latency, pool operator error, incorrect reward structure, etc.

Instead, you should solo mine. To get started with solo mining, please see the following guides:

http://cryptomining-blog.com/tag/ethereum-solo-mining/
http://cryptomining-blog.com/5344-quick-guide-on-solo-gpu-mining-ethereum-on-windows/
https://www.reddit.com/r/ethereum/comments/3l6ooz/ethereum_solo_mining_proxy/

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Open Invitation to all: please post the easiest methods to solo mine in this thread.