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Is it necessary to run a "full node" including port forwarding in order to solo mine Bitcoin without any involvement of a pool? I see that pools are offering solo mining as an option, but why would I trust them to not take my 25 BTC? I am willing to free up 30GB for the blockchain data on my hard drive.

  • "but why would I trust them to not take my 25 BTC" what do you mean by this? Any way you can clarify further? – Charles S Dec 18 '15 at 17:01
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    @CharlesS He means the pool operator can steal his 25 BTC reward, I guess. – Jannes Dec 19 '15 at 0:00
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    if the pool is located in a foreign country then there is no transparency, no accountability, and no guarantee of justice if the pool steals coins – bitcoy Dec 19 '15 at 1:45
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Are you aware how much hashing power you need to stand a chance to solo mine? In case you don't the rest of the answer is moot and you'll need to study the topic of mining some more.

Yes you'll need a full node. You don't necessarily need port-forwarding though. Full node means you validate the full blockchain and has nothing to do with network connectivity.

A full node is more like 60GB disk space at the moment and will likely be >100GB within a year.

  • Yes I do understand but the amount of money that a miner can earn in a pool is extremely small without $2000 hardware, so really for the hobbyist the days of mining with the intent of playing the game the usual way are over; therefore what is left is treating mining like a smalltime lottery. – bitcoy Dec 19 '15 at 1:43
  • That's one way to do it. Have you calculated your odds? – Jannes Dec 19 '15 at 3:57
  • No I expect the odds are terrible. but with 10 GH/s hashing ability I can only earn from a pool 50 cents per month anyway. – bitcoy Dec 19 '15 at 17:34

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