Should You Be Solo Mining Crypto? | Solo Mining vs Pool Mining

Ғылым және технология

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Sources:
coinguides.org/hashpower-conv...
hashrate.no/coins
#kaspa #nexa #dynex #radiant #bitcoin #fluxo
00:00 Solo and Pool Mining Explained
00:54 Pool Mining Benefits
02:14 Pool Mining Negatives
03:22 Solo Mining Luck Explained
04:53 How Much Hashrate Need To Solo Mine On Each Coin
07:31 How To Calculate If You Can Solo Mine Viably

Пікірлер: 23

  • @BBTransformation
    @BBTransformation9 ай бұрын

    Great explanation

  • @ytrbro1041
    @ytrbro10415 ай бұрын

    good info.

  • @shomyboy995
    @shomyboy9956 ай бұрын

    hey m8 happy new year! I have a question,if i want to dual mine some coin with zil, is it smart/worth to solo mine main coin if there is 1minute pause of mining main coin for zil?

  • @SterlingSpecter1

    @SterlingSpecter1

    6 ай бұрын

    probably not because the network would recognise that you are pasuing mining, and probably will class you as less reliable than someone who is mining 24/7

  • @dumbinvestor
    @dumbinvestor3 ай бұрын

    Its impossible to solo mine btc because no one has 100 pb power

  • @markstrong5771
    @markstrong57719 ай бұрын

    How does the pool allocate jobs to multiple rigs solo mining to the same wallet? Would it be better to have a big rig with more hashing power or multiple smaller rigs?

  • @SterlingSpecter1

    @SterlingSpecter1

    9 ай бұрын

    there would be slight difference, main problem would be what latency each rig had to the pool. if you are really into maximizing then big rig would be better

  • @markstrong5771

    @markstrong5771

    9 ай бұрын

    @@SterlingSpecter1 Thank you. I rebuilt rigs as multiple smaller rigs to reduce the "fault domain" and now need to rebuilt them into bigger ones to consolidate hashing power. :)

  • @SterlingSpecter1

    @SterlingSpecter1

    9 ай бұрын

    @@markstrong5771 good luck with solo mining

  • @arunrajp
    @arunrajp6 ай бұрын

    is there a way to calculate for karlsenhash, like minimum gh/s required for solo mining.

  • @SterlingSpecter1

    @SterlingSpecter1

    6 ай бұрын

    hashrate.no says

  • @finnwilkinson1374
    @finnwilkinson137410 ай бұрын

    Solo over time is the same as pool mining just with less fees if you are patient enough

  • @patrickmanasco5905

    @patrickmanasco5905

    3 ай бұрын

    The lower your hash rate the longer it takes to be worth it to be solo, but the more worth it in roí it becomes

  • @arthurmilonas7986
    @arthurmilonas79864 ай бұрын

    I have the KSO PRO what do you recommend?

  • @SterlingSpecter1

    @SterlingSpecter1

    4 ай бұрын

    Pool but if it goes to 10BPS then solo

  • @MinerH2O
    @MinerH2O2 ай бұрын

    Do you have any videos on tracking cryto . mining record keeping for taxes....

  • @Luckyminer888
    @Luckyminer8884 ай бұрын

    You can learn about BTC solo miner,Compact, low-power, and silent.

  • @user-qc2bb6mh8n
    @user-qc2bb6mh8nАй бұрын

    So do you only make money if you find a block or you will make money regardles?

  • @SterlingSpecter1

    @SterlingSpecter1

    Ай бұрын

    only if you find a block

  • @abudancemex1533
    @abudancemex15334 ай бұрын

    100peta hash for btc is alooot man

  • @Lofiafter
    @Lofiafter18 күн бұрын

    now the hashrate requirement is same or not

  • @SterlingSpecter1

    @SterlingSpecter1

    16 күн бұрын

    slightly different

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