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I was wondering 2 things:

How to set up cgminer to mine without a pool?

If if I am successful solving the block how do I claim it / send to my Bitcoin wallet?

I don't have a huge 'rig'. I know you need high hashrate… just starting out and want to know. I can't find this answer anywhere else sorry to ask.

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Read the cgminer documentation about "solo mining". You'll need to install and set up bitcoind and sync the entire block chain, so see its documentation as well.

As far as payouts, note the --btc-address command line option to cgminer; that specifies the address to which the reward will be sent.

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  • Thanks @Nate I will have a look. Also a quick one. Even with a low hash rate is it possible to solve the blockchain and receive bitcoin? Probably dreaming right? But if i was lucky i could right? Commented Jun 19, 2016 at 5:37
  • Theoretically, sure. Practically, probably not. Depends what your hash rate actually is. There are innumerable calculators out there that will tell you just how "lucky" you would have to be. Commented Jun 19, 2016 at 7:37
  • @PavleStojanovic: To get a feeling for your chances of succeeding at solo-mining have a look here: Lottery Mining?, Solo mining just for luck, realistic?, What are the odds of discovering a block as a solo miner?
    – Murch
    Commented Jun 19, 2016 at 11:47
  • Though keep in mind that some of those questions are several years old; with increased mining difficulty, the chances have gotten much worse since then. The method for computing chances hasn't changed, but the numbers are very different Commented Jun 19, 2016 at 15:36
  • thanks guys, so I did some reading, and just for fun, not trying to profit etc etc... I think I setup cgminer to 'solo mine', I had to create a bitcoin.conf file update the username, password and ip address (127.0.0.1) then I plugged my miners in and ran this command: "cgminer -o localhost:8332 -u username -p password --btc-address 14Wuz9LNpNgXZoWotccwrsD3ucLmabQNaN" it didnt throw any errors but not sure I did it right ? i uploaded a screenshot here pasteboard.co/1QEOdW56.png Commented Jun 21, 2016 at 12:37

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