Solo mining pools reddit

 

Solo mining pools reddit. net, herominers, minerpool, enigmapool. Not worth it. In a few months / years it will probably all be pool mining like eth CPU mining, regardless of solo or pooled, is completely pointless. I was mining solo one month ago and then it took me little over one day for each block. If you’re mining on flexpool with a 0. Solo mining is all about luck. If so you can point them all to your node by pointing their XMRig to the IP of the "main" PC running the node. I've seen numerous back to back 1% luck which is insanely lucky, like winning a lotto. Have 200-ish th/s that we mine solo with while sleeping and nicehash them while awake. • 9 mo. Bitcoin core full node and solo mining pool recommendations. SHA-256 mining algorithm for your ASICs. these pc i already own for personal use. ai is 1. That is to say, in this mode, the miner can additionally obtain the income of part of the transaction fee based on the PPLNS payment method. I'd try it for a week. It would really be awesome if someone could post a step-by-step guide on YouTube to help us learn how to do it and truly decentralize Kadena. Safe to say I’m not impressed after mining ETH for the best part of a year (only a single SOLO Merged Mining - Doge and LTC local (CPU and ASIC) I don't know if some of you are still mining solo. Global_Astronaut7409. True solo mining: no payment schemes, no pool wallets. Just in case you do, I want to share how to setup merged mining on your local PC. PPLNS(Paid Per Last N Share) means you are mining with a pool, and you are getting paid for each share or solution you help transmit in the last round. 2miners has its own solo pool that you select in hiveos, herominers you simply add "solo:" before your wallet address, but i don't know exactly the steps of solo mining on nanopool, hence my post to begin with. The hashrate of a single CPU is not even anywhere close to being remotely profitable. 1%). Whereas with solo mining, you may hit early, and then go on a long dry spell. Usually pools use a difficulty of 1 as the target for a share. xyz/ instead as you likely don't have enough hashrate to make Kaspa. I use 2miners. Reliable internet (solid uptime) and low ping rate are the only things to really watch for. 33179109, I get about 203 days to find a block. us. 005 ETH when choosing to payout with BTC (fees lower than $0. Solo mining poolsSolo Mining Pools For Professional Miners. No Dual Mining. Maybe some of you are interested after the rising price of Dogecoin (; I use the testnet and an USB ASIC miner, so make sure to allow your remote miner if you Pools with high hashrates will reliably get blocks because they're "buying more lottery tickets". cgminer or bfgminer) and it's not worth the additional work to support and To do so right click Databases and click "New Database". A small pool may appear to perform very badly for a month, or extremely well for the same duration - but that's luck. 6 % on the first day solo mining. Miners need to strike a balance based on their risk tolerance and financial goals. It's the fact that MINERS choose to mine at these corporate owned mega-pools. Now some days have gone by and while I didnt expect to hit another one so soon I did throw about 6Xthe MH/s at it solo (300vs. No registration and no holds, that's how we'll stay. Assuming youre mining ZIL only it will be 8 Minutes mining in 24 hour period but When you solo mine, you are mining on your own copy of the blockchain, so you help strengthen the network by adding a vote of consensus. bat. You would run your rigs with no reward until you finally found a block. You could also build your own pool (but might be a headache to maintain it). This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all. 05 payout, you’re paying 6. I'm looking to score my 2nd block reward. 01 March 2024. 2miners right now have a minimum payout of 0. Live hashrate distribution, pool fees & minimum payment comparison. However, Iron Fish has only progressed to List of known Vertcoin pools (VTC) Verthash PoW algorithm. https://miningpoolstats. 04ETH (and 17. If the pool is lucky, blocks are found before 100%, if not – the process can drag on till 900%. The only configuration difference is the URL in the startup bat file. This will make it accept connections from other PCs in the local network. High-performance Stratum server implementation developed in collaboration with LitecoinPool. Now pool hashrate is almost 5 TH/s, that's 8 times more, and there are over 8000 miners, so I guess that you'll need around 4 GH/s or more to mine one block in a day. 430 G. Do not join pools like 2miners which does not pay parallel assets. I’m incredibly glad I found this post, been mining on 2miners for the past couple days. However, pool mining is a regular pay out. It is a gamble but I wish I solo mined raven for a year. u r in for Turn it on. Here is a similar discussion: LINK. High Availability. if going with hosting & a mining pool all-in one, maybe check out minedpool technologies. On "average" solo mining and pool mining pay out exactly the same amount, before fees. If you keep mining solo the profitability of mining solo vs mining in a pool are roughly the same (I would say "the probability of profitability", as explainer below), the difference is the income distribution. But then the pool hashrate was 650 GH/s with less then 2000 miners. payout threshold is reached. You can no longer just point mining software to the bitcoind. Crypto. However to solo mine you need to setup local environment and enable RPC port. ninja Yes, if you want to do it the proper way. I've won one block from Bronze M but then didn't find one using Bronze L. Use advancedIpFinder on your pc to find the poort of your miner. Benefits of pool mining: no starting balance required, no need to keep the wallet up frequently or 24/7, stable income. You can solo mine xmr on r/zergpool for 0. ninja - which is a smaller pool with 0% fees and it's got a 1-year solid performance track-record now as well. true. In the end any hashrate benefits the network. 0 --confirm-external-bind. Solo mining is possible if you have your own personal node and a properly configured miner. How many people are solo mining on pool? They all mine on the same node, which is installed on the pool. 5%. Right now solo mining can still be possible. Rewards are generated directly at your address as newly minted coins. See details Captain/dero-pool: pool. Free of charge for any amount of rigs. 15 votes, 36 comments. It's just outdated info. g. 6gh woukd equate to 1 block solved in 300 days. Technically any difficulty (less than network I've seen a number of posts recently suggesting that miners get off the most popular pools to help with decentralisation. However, did some more testing of overclocks, and honestly, while HiveOS is filled with a mix of settings, just adding core and leaving mem alone seemed to be the They are likely referring to the wait for a block to hit. 2. Feb 23, 2018 · After DERO Atlantis upgrade orignal CryptoNote Pool software does not work with DERO. Dynex Mining Hashrate & additional finding - Nvidia Mix Rigs. Also seen numerous luck that's +1,000% luck that for 1. 7 million according to Crunchbase. Came here to say this. At $352,604. Monero Crypto. PPS+ is a blend of two modes mentioned above, PPS and PPLNS. Let’s be honest the infra requirements are the same as they were in 2012 (since your not handling a billion connections mining solo). Solo mining for almost 3 days with 25GH ever since I got the efficiency tuned for the AMD cards. Here, validators, known as Computors, backed by miners, often referred to as " AI miners ," transform the computational energy expended in the mining process into valuable, beneficial Solo Mining and Pool Mininig Tips. 75% Fee, ? I am solo mining ergo myself right now as a part of my overall crypto strategy. 50), and an even more minimum payout when choosing NANO ($0 fees). The 4% fee on 2Miners is not worth soloing (and soloing is just relying on luck it doesn't pay more long term). Is there a YouTube walk through on how to set it up. I got REALLY lucky and hit my first one on . org. A pool with low hashrates needs to be "lucky" because they're buying less lottery tickets than others. They also added XMR as a guarantee payout coin so you can do the auto-switching and also get paid out in XMR - zergpool will take XMR off the market and pay you. Lincoinpool ftw! The Bitcoin Mining Pool that is Reliable, is Easy to Use, is Auditable, is Intelligent, is Transparent, is Innovative, is Efficient. Data center in Europe: real dedicated servers and DDOS protection. I'll take the latter. Add a Comment. 1. Mining requires very little internet speed. There are many solo mining calculators out there that can help you see if you can mine solo. Using Minerstat's calculator with the current numbers, I see you can expect to mine about 0. But they aren't getting as much blocks as Woolypooly because of the hashrate centralization. I recommend joining a pool for the guaranteed returns, but it's ultimately up to your risk tolerance. 1:8545. ETH-XMR atomic swap beta release. just mine on what you have. PSA: Monero decentralized mining pool (p2pool) The test on mainnet is going great so far, first mainnet block has been mined! 3 miners have been paid in that block! P2Pool has mined 33 blocks so far, I've set Add a Comment. GPUs with 6 GB of RAM will stop mining CLORE on June 14, 2031. e. The amount earned does balance out between them, over enough time. - dero-pool - DeroProject: Most private and secure blockchain keep sharetime to 2 secs for better efficiency. 26 each. The choice between solo mining and pool mining involves a trade-off between consistent but potentially lower earnings in solo mining and more predictable but potentially higher earnings in pool mining. Obviously, it would have to have a relatively low hash rate to avoid wrecking my electricity bill for zero returns. uk has 1% SOLO Fee. ergo. hope this helps. If you want to earn Bitcoin, and have GPUs and other crypto mining equipment, then you Smart mining is the process of having a throttled miner mine when it otherwise does not cause drawbacks. Follow the steps below to setup a solo mining environment. Email and Telegram notifications: rig monitoring and new block notifications for all the pools. Once (if!) mining no longer proves profitable, I'll look at going solo for however long I can, using the profit I've made so far to cover the electric consumption. com Visa Card — the world’s most widely available crypto card, the Crypto. I've got three machines running Ryzen 3900x's with a combined hash rate of approx 40 KH/s mining monero. I really want to start solo mining but don't really know how. This current one maybe happenstance, but is longest one. threads=0 Then you’ll point your trex to 127. Bitcoind has evolved to make it harder for the casual person to do mining. Think about getting a big massive tip as a restaurant server working a shift. Mining Pools & Block Explorer Ethermine’s payout scheme is better for small miners. cryptominerdan. That by mining ZIL for 1-minute for every 3 hours your are kind of saving electricity and cost . Please do comment if I missed anything. It is aiming to be the fastest pure proof-of-work coin. Over the years though - you will arrive a precisely the same average result - no better, and no worse. solo hashing 2 days for a chance at a block reward of 415 or every 10 hours a payout of 100 KAS. You could solo mine to a pool, but it would defeat the main purpose of solo mining, which is to decentralize the network. io Dero pool source for mining Dero. Cool, thanks for the advice. The name of the Database will be miningcore, then for the owner use the drop-down menu to select miningcore. Nov 15, 2017 · It’s like when you win the lottery. Found 13 blocks so far. Buying is the complete opposite of mining. the question was how to solo mine ergo on nanopool. com Exchange and Crypto. I got 3 more blocks since then, to a total of 7 blocks and 1 uncle in about 6 weeks mining only 12h each day. Solo mining on same machine as wallet. Still testing and tuning as we all learn together. 5 years or whatever. 25 SPACE ($545. 4. AI Training as useful-Proof-of-Work. for solo mining I use Herominer, you actually mine to the same pool port as if you were mining to the group pooli. If 10 users never found a share at all, but some other user found 10 themselves, then they get 10/100ths of the block reward and the loser get 0/100ths. • 27 days ago. Here to ask this too? The only one I know of is TT-Miner and I get close to 10Mh/s less using it versus GMiner connected to 2miner solo pool. Best mining pool 2024. In the Query 1 tab you will want to paste the 103. With solo, you may go a month (or much longer) where you could have done better pool mining. I have very good results solo mining with a Radeon R9 380 at only 18MH. While it is extremely unlikely to hit a block, CK's pool is good, but Kano's pool (the K in CK pool) is a lower fee for solo mining. payments do not depend on time, there can be as many payments as you like. gntl. dero. 9% Fee, 2hr Interval, 10 Threshold) K1Pool (0. com DeFi Wallet. It's purposefully meant to be esoteric and hard to do -- to close out access to a broader range of interested persons wanting to try just this. That is true, but for people who don't have the requirements to run a full node (like me) there are websites that offer "solo mining pools" I don't know how to run a stratum server on top of the node, and I couldn't find anything much on internet so I gave up on it and tried looking for those solo mining pools. Just sharing one data set, feel free to add to it in the comments. Mining Pools & Block Explorer Payouts. 33179109 ERG per day with 100 MH/s. •. Miner software fees 2. :) Although it looks like there are 2714 users and 14288 workers. You won’t make a cent mining solo. Copy the stratum adress to your miner. To put it simply, if you had one network with 1000 solo So the only fees I paid was 1. This is the Hero miners address to mine to for ERG in Western US for solo mining to it: instead of inserting just your wallet address: XXXXXX you type in; probably the most miner friendly because they do everything for you, but it's a bit different than the choices that are just a mining pool alone. 3% fee. . Chia Network currently has 4608 blocks of 2 XCH each a day for total daily emissions of 9216 XCH valued at $38. All on one machine. Unless you have billions of dollars to toss into a massive miner farm, it’s nearly impossible to solo mine profitably. 5 / 0. Since the block reward in Ergo is currently 67. If you mine in a pool, if the pool finds a block, you all split the reward. Even if there are not 262800 Monero users, if there are more than 262800 devices hashing on the network (doesn't matter pool or solo), you would be getting 1 block per year, or per 1. If you solo-mine on a pool, it's hard for the pool to trick you, because every block you find triggers a payout and you can easily verify the pool fee against the block reward. first one over 100% effort so maybe i need to switch over cuz that big dude. i've tried researching this to no avail. Malraza • 3 yr. Did you download the miner directly from the unminable site? if so, You are already connected to the pool when starting the miner. 6. Been comparing Slush and ViaBtc pools for the las 30 days. ) But by all means if you want to solo mine, go for it. Join. Now we need the local IP of the main PC running Monerod, you can look it KDA Solo Mining. couldn't believe it. ago. There are minor modifications to support 12 secs blocktime. Love the chat in supportxmr, love algo switching in moneroocean - it can get you more XMR than mining straight XMR (sometimes much more) and some algorithms like cnr/heavy use way less power than RandomX. Mining on Herominers currently. GPUs with 3 GB of RAM will stop mining CLORE on June 02, 2026. That while mining solo you find a block soon and then turn off your equipment to avoid energy costs and thus increasing the profitability. Pool fees (0,5%) 3. Easy mining is just paying people until they do find the block and the buyer of the easy mining package gets the full block. Kaspa is a cryptocurrency based on the GHOSTDAG protocol, which is a generalization of the Nakamoto consensus. Iron Fish has raised $32. and Any pool that supports parallel assets payment. The potential to hit an orphan is really low. 0. done. Plug your wallet into your pool’s website and after about 20 minutes, you should see a hashrate to know you are connected and mining. Benefits of solo mining: insignificantly larger income, advanced project configuration, more voting power for in-wallet voting. If you can't hit a solo block in a year right now, it would be the same if everyone would be solo mining with no pools. It's all random. 50). It would take me 6-7 days to accumulate a block of RVN running like this. (Luckily the costs to run a pool are not very high, other than time spent. Something like this - Feb 16, 2017 · A share is merely an accounting method to keep the miners honest and fairly divide any rewards earned by the pool. I started solo mining ravencoin a few days ago and hit a block within hours. Nicehash mining is a pool, so there is no solo mining. co. so i'm considering switching to woolypooly. The Qubic ecosystem pushes the boundaries of the traditional PoW by employing AI training tasks in its consensus mechanism. List of known Zephyr pools (ZEPH) RandomX PoW algorithm. Good luck. I have 2 GH/S but i'm still joining the pool. Nimushiru. etherbase yourethaddresshere —miner. Just the pool address, username and password is enough. i don't think buying a computer for mining is a good idea. Once all of the above is setup, you are good to go. Mine RXD coin with WoolyPooly: maximize profits, enjoy low fees, and access 24/7 support on the trusted mining pool platform. But you will basically be earning fractions of a cent per month, which will be way less than your electrical and hardware To be honest, solo pool mining is cheating. • 3 yr. SInce I started mining (350MH/s), I already directly mined 4 blocks, with a total reward of 11. When you mine on a pool, you are contributing mining effort to someone else's blockchain - so you are, in essence, strengthening their vote of consensus. I haven’t tried this yet, but As of now, DAG size in Clore. I could run 6 full nodes from my house. com:10250. Mining. I'm one of those three. 2Miners is Nicehash officially recommended pool. To mine solo you have to find a block yourself. Hi, Im new to Mining Monero and would like to get tips on wheres the best mining pools and also how to configure my PC to do solo Mining, any help would be appriciated. Key Features. if mining at home & managing ur own, maybe go with slushpool or antpool or viabtc. herominers. You run geth with —mine --miner. I have found these pools to mine with but wondered if anyone had any feedback about them. Low pool fee. Lowest I have ever seen is around 35Gwei and normally goes between 60 to 90Gwei which is around $5 to $8 based on current ETH price. So if 100 pool users mining the same block find 100 shares (as exactly one each) before solving a block, they each get 1/100th of the block reward (bounty). In the pool, it’s the number in %, which shows the luck of the pool in its search for the blocks. You'd need at least 3 Nvidia 3090s to have a chance at finding a block a month of RVN, and that's not guaranteed that you would. 2hrs. heres my referral code for a 25% fee reduction on payouts 6n23-g78v. 7) After the database is created, left click the miningcore database once to highlight it, and press Ctrl+E to open the Query Tool. 820. Reliable and fast servers. Tough luck. GPUs that have less than 2 GB of RAM can’t mine CLORE. For those struggling to buy XMR, Quantex (Formerly CryptiSwap) allows users to instantly swap most top coins into XMR. 3% in txfee assuming a low-moderate 150 gwei gas price. The optimized CPU miner was removed from Bitcoin Core because there are other and better mining software (e. I'm using ACC-pool at this moment. 5% IIRC. a GPU, 980ti (this will lose money unless your power is cheap / free) a p2000 and a server off-site for a project that ended with some months left on the contract. The block reward is settled according to the PPS model. I have been solo mining into ViaBTC solo mining pool for some time now (Seemingly No luck as yet) If you are going to solomine that is one of the worst pools to do so as its a centralized pool and you are degrading bitcoin's security for no benefit. The rewards are more significant, meaning you get the block reward, but it depends on your hash rate. I'm under no illusion that it will likely ever catch a block, but who knows. --rpc-bind-ip 0. Lordpleb1337. I'm running about 650-700 mh on autolykos. 50) Profitable solo mining pools. Supporting the network - look for a small pool. 2432 to each IRON. I’ve found 2 solo blocks connected to 2miner solo using gminer with only 63Mh/s on a single gpu. 694 GB, so only GPUs with over 2 GB of RAM can mine CLORE. There are plenty of great smaller mining pools out there like Ravenpool. Mining Pools & Block Explorer Adding to that point, solo mining literally is gambling that of all the other solo miners, mining farms, and massive pools, that your processor will stumble upon the block reward. it is kinda assuming a lot in a sense. There is also for Ubuntu/Mint/Debian Install dependencies: sudo apt-get install autoconf autogen automake build-essential libcurl4-openssl-dev git Unless you have a lot of hash power, you won't make anything. Just joined, asked a simple question and got blocked. com solo mining pool. For example if you had 100% luck it's probable to solve 1 block in 30 days. Will run a full node and connect the pool to the bitcoin core client. 12K Members. . r/Monero. So if you are in for the profits - monerocean all the way. Portions of the problem you get from the pool are called shares, and each share is weighted by difficulty, and the more difficult the share is, the more it is weighted. If you want to purchase crypto coins, then you put in a purchase order and buy using Bitcoin. For pool mining no client is needed. Nicehash support: dedicated port (100% compatible with Nicehash stratum). 0 computational network available It's not really closed-source mining pools that are the problem. In a perfect world, the pool would find a new block every time the Luck value hits 100%. 79 but it will likely be more once I settle down and stop pool hopping. Fluxpools. My usual method of "is it worth it" for solo mining is to calculate the probability you'd end up with not even a single block after a certain period of time. However I've seen very few posts taking this to the obvious conclusion and suggesting solo mining. If you are mining on any other pool I know you will have to pay ETH blockchain fees for the transaction of transferring your mined ETH from pool wallet to your own wallet (or exchange), with binance pool you basically skip that expensive step. If you have a high end GPU that is able to churn through easy problems quickly, you end up submitting shares very quickly (that are weighted less because of the difficulty level If pool owners are fair and the payout is what I've witnessed I believe mining on a pool is very inefficient. So if you are worried about being scammed by a mining pool: a) mine solo b) consider abandonning pools altogether and run your own node and mine to it pools combine many peoples hashing power; solo mining you are doing the same thing as a pool, except instead of (say 1000) people contributing, and thus sharing the reward when the pool wins, if you win solo you get the whole reward. Go to ck pool enter your btc adress. i use moneroocean for Algo switching for max profits. The figure is based off estimated luck. HeroMiners (0. And the mining service charge /transaction fee is settled according to the PPLNS mode. 350MH/s. Solo mining was always gambling of some form. The more mining power you have the luckier you’ll be. I understand all the concepts of Zilliqa but its the utmost assumption when it comes to electricity consumption. So if I take 67. 5, you can use any Ergo calculator even if it does not specifically deal with solo mining. For no fee, you can use the GUI or CLI, as mentioned by others. The reason everyone is jesting is because you are very confused. The intent of smart mining is to increase network security by allowing as many people as possible to let the smart miner on all the time. MicroVisionChain pool is online. Just use a pool like https://ocean. 30 comments. 86 ETH burnt). Add these arguments to your Monerod. But they will still find blocks eventually (and those miners in said pool will likely get a much higher reward each at the cost of having to get FluxPools is the official pool for Flux - the best decentralized Web3. 16 daily emissions, that gives a value of $12. Welcome! I switch to solo for a day or two in between a few weeks on P2Pool. Log into your Asic (probably with root as account name and password). stream/monero. CarbonCG. I guess, it technically is still pool mining, but if your rig mines a block, you get all of the rewards minus 1. 5% Fee, 2hr Interval, 100 Threshold) Kaspa-Pool (0. I think if I don't hit 2x blocks in 2 weeks then it may Balancing Consistency and Variability. Paying around 1. two average consumer PCs. https://Ravenpool. If you really want to, there are lots of mining pools you can join with YouTube videos on how to do so. pool. Think yourself. simple as that So far I have used Kaspa-Pool the most and have earned $3. Lose a few percent on self mined transactions, but pay no direct txfee. Stable payments. I know the solo Maxhash pool has four miners now, and found one block this year. I don't believe the 630 is supported by mining software. I think the only software you need is the Monero gui. Say though the round is extra lucky List of known Radiant pools (RXD) Sha512256D PoW algorithm. $21. You can typically calculate a very accurate pool revenue. To explain the term " lottery miner ": there is a very very small chance to mine a block alone with the nerd miner and earn (at the current rate) a little less than 6. There is no need to keep track of shares in solo mining because you will not split the reward and can't cheat yourself. The main aim of this project is to let you learn more about bitcoin mining and be part of the network. Save the edited text so your wallet and worker name is in place and double click the application and it should start mining. Low 1% fee allocated directly in the coinbase transaction of found blocks. No ICO, no pre-mine, fair launched community-driven project, a Nakamoto philosophy heir. Drawbacks include increases heat, slower machine, depleting battery, etc. • 2 yr. https://xmr. dwafasc. Mining noob here exploring options for a solo miner to hit the block lottery with. Need to make a mining pool server. snapz01. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Crypto. 25 BTC (a bit of the reward goes to the mining pool). a 3900x and a 5950x. Mining is actually luck based. GPUs with 4 GB of RAM will stop mining CLORE on February 05, 2028. Trade fee (0. Going solo with that amount is you basically playing the lotto. (randomly switching between solo and pplns pools) you should be fine with respect to latency because most people go through Mar 31, 2021 · Solo mining using mining rig where you don’t have your wallet setup. I saw this a few days ago on a reply to a post. Currently, Poolflare dominates KDA mining. RXD payments are made automatically after the min. Basically, unless you personally have terrahashes worth of power, you HAVE to mine with a pool. Ok-Leave1418. Pool mining is much more predictable and consistent. com is the best place to buy, sell, and pay with crypto. 9 million in funding compared to Chia’s $69. af iu zo jb ej tx dk sf ez xn