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Questions tagged [solo-mining]

refers to mining by yourself, not organized in a mining-pool

40
votes
2answers
58k views

What is a share? Can I find it while mining solo, or only when pool mining?

In mining, what is "a share"? When mining solo, do I "find shares"?
36
votes
1answer
33k views

What are the bandwidth requirements of a mining rig?

How much bandwidth consumption can I expect per 900 Mhash/s rig (for instance) for both pooled and solo scenarios? I'm looking for a ballpark number for the on going requirements, after the initial ...
26
votes
6answers
87k views

Solo mining just for luck, realistic?

Just turned my attention to mining and the concepts are quite new to me. First of let me be clear: I realize that my hardware setup is far from ideal for mining. This is also the reason why I do not ...
19
votes
4answers
22k views

Solo Mining vs Pool Mining for users with high computing power

Let's say that a user has a decent amount of computing power. At the current difficulty of 1777774.4820015, he could have for example 10Gh/s (he would earn around 5 BTC per day according to a ...
14
votes
1answer
3k views

What is a Mining Pool, what is it good for?

What advantages / disadvantages does it offer over solo mining?
13
votes
4answers
40k views

What are the odds of discovering a block as a solo miner?

I understand that during mining, one does not discover individual coins, but rather blocks of coins, and I heard that one block equals many coins (but how many?). I am wondering though, as a solo ...
13
votes
3answers
21k views

How do mining pools work?

I understand the following Pooled mining is a mining approach where multiple generating clients contribute to the generation of a block, and then split the block reward according the ...
9
votes
2answers
36k views

What options are there to combine mining over multiple computers?

Assuming you have multiple (30+) computers, what options are there available to do a distributed solo-mine? Can I have them all checking into one bitcoin application over the network, or do I need to ...
9
votes
2answers
46k views

How to solo-mine bitcoins with bfgminer?

I'm completely new to Bitcoin, so my understanding of mining is still improving. I downloaded BFGMiner, and now I would like to perform some solo mining. (I would rather have it use my GPU, but if ...
8
votes
2answers
14k views

Does the program I downloaded (bitcoin-qt) mine bitcoins? [duplicate]

Possible Duplicate: How can I start mining Bitcoin? Nothing ever says how to actually mine bitcoins, except to join a pool. I don't want to do that. All I really know is that each block has an ...
8
votes
1answer
16k views

How do I solo mine on a mac?

I know it's pointless. I just want to learn how to do it. Are there any guides out there?
7
votes
3answers
5k views

Lottery Mining?

I know mining is extremely difficult now. I just wondering has anyone "won" by solo mining a block? How does the chances compare against say wining the lottery? Assume 3 Giga Hashes Per Second say.
6
votes
2answers
3k views

How do I generate coins on testnet? CPU, GPU, FPGA? Are there pools?

Is it possible to mine coins on testnet using CPU? GPU? How about FPGAs? Are there any pools running on testnet? The reason I am looking for this is so I can master the new API's relating to ...
5
votes
3answers
14k views

What are the advantages and disadvantages of pooled mining?

Is it better to mine solo? Is pooled mining what is recommended now? I've heard you get about the same back either way, but I am confused and would like some help.
5
votes
2answers
13k views

Overview of solo mining with no GUI's and with GUI's, short explanation.

So I recently have gotten into bitcoins and bitcoin mining am enthralled with the idea of the whole system. I even went out to buy a POS Evga 610 GT to start mining the day I found out about it. (...
5
votes
2answers
14k views

Is CPU mining worthwhile for Litecoin? FPGA? GPU?

I'm interested in solo mining on Litecoin. Where can I learn about (or what math is required) two tell if this is feasible/profitable? Currently I have 30+ CPUs running as solo miners for 40 hours ...
4
votes
4answers
1k views

Why search for a nonce linearly (+1) vs searching only even or odd nonces?

As a solo miner, you have the disadvantage of a minuscule hash rate compared to mining pools. Is it not possible to searching for only even nonces? Of course you risk the chance of missing the nonce, ...
4
votes
3answers
6k views

Wouldn't the expected return of a mining pool be no more than solo mining?

I don't understand the advantages of pool mining if you want to maximize your return. It seems like all it does is even out your return to make it more predictable by paying you smaller amounts more ...
4
votes
2answers
5k views

Do you need to download the entire blockchain in order to mine bitcoins?

Do you need to download the entire blockchain in order to mine bitcoins? I'm downloading bitcoin-qt, and I'm afraid it will take up too much memory on my computer. Also, I just read that when another ...
4
votes
3answers
4k views

How to dump all of addresses from wallet.dat for other alt-coins?

I'm on binarycoin now, with solo mining. Luck smile to me. I'm found 5 blocks. It is 100.0 binarycoins. I'm trying to use "aggressive" speed-up, my daemon compiled with -O3. After last block I ...
4
votes
1answer
13k views

How Do I create a Mining Pool for an Altcoin?

I made an altcoin using coincreator.net , but I can only mine it on an underpowered windows computer. I was wanting to make a pool so that my friends and I could mine it together from a Windows or a ...
4
votes
4answers
2k views

Can a Butterfly Labs Mini Rig SC cause health concerns if stored in a bedroom?

Assuming heat and noise factors are not a concern, are there any additional issues (radiation) to be concerned about? How far should this device be stored away from children's play rooms and sleeping ...
4
votes
1answer
1k views

What is the easiest to operate/fastest solo bitcoin mining client for a cluster rig?

I'm planning to set up a rig and need a solo mining client. Can you offer me some suggestions? (Please don't just tell me that solo mining isn't worth it).
3
votes
2answers
433 views

Tracking Hash/sec of major pools and individual (solo) miners

I'd like to get a list of the hash power of the major pools, solo miners, and if applicable undocumented hash networks. How can I obtain this information? If this information already exists, how did ...
3
votes
2answers
737 views

Not generating any blocks on testnet

I am running bitcoind, and I have cgminer solo-mining on it. I am mining on Testnet3. My hash rate (this is an OLD computer) is ~800Khash/s, so according to one online calculator I should be ...
3
votes
1answer
3k views

“No more backup pools left. Using primary and starting over.”

I am not using a pool, I am using my graphics cards mining with poclbm over rpc. i do not understand why I get these messages. localhost:8332 15/08/2012 22:40:13, No more backup pools left. Using ...
3
votes
1answer
2k views

How to use Bitcoin Core's submitblock method

I'm trying to understand how mining works. For learning purpose I'm using Bitcoin Core as solo mining pool. Getblocktemplate will return data that is enough to start mining witch is simple founding ...
2
votes
1answer
287 views

Keeping valid shares for it's own when mining in a pool

How does a mining pool insure that the miner who will find the valid share for the current block will not use it for his solo mining?
2
votes
2answers
2k views

Does solo mining with multiple computers require different generation transaction addresses?

I've heard that what prevents the fastest computers from almost always dominating pools is that each miner is hashing different data because of the generation transaction. However, if I solo mine with ...
2
votes
1answer
16k views

Mining without pool where does the bitcoin/reward go if successful?

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 ...
2
votes
1answer
3k views

(litecoin) High hashrate but low amount of submitted shares in solo

I'm playing around with litecoin mining and have been mining at a pool but decided to mine solo using cgminer. When I mine at pools the amount of shares submitted to the pool sinks dramatically when ...
2
votes
1answer
420 views

multi coin solo mining

I'm wondering about switching coins while solo mining? Does switching before I block is mined effect the odds of getting a block reward, or is it always essentially chance?? For example, if I mine ...
2
votes
1answer
3k views

How to mine solo Vertcoin?

Now, I assume that probably all cryptocurrencies that have any value at all are impossible to mine alone for any realistic mining cluster setup, for a normal individual. However, I have been curious ...
2
votes
1answer
3k views

what is the difference between a private pool or solo mining

I would like to understand if there is a difference in resolving blocks with a private pool and solo mining, I understand that when solo mining you are given a block to resolve but within your private ...
2
votes
0answers
3k views

Bitcoin-Qt & setgenerate true

Will Bitcoin-qt mine bitcoins if all I have done is downloaded and installed Bitcoin-qt, and typed in "setgenerate true" into the console? Are there other steps or configurations necessary? If so, ...
1
vote
2answers
547 views

is it necessary to stay connected to internet [duplicate]

it could be a basic question for you guys, but i'm new in this. is it necessary to stay connected to internet while doing solo-mining ? is there any method to keep mining without permanent internet ...
1
vote
2answers
1k views

How to tell how many hashes/sec the bitcoin core app on osx is running?

I'm curious how many hashes per sec my cpu is able to perform, is there some way to check this? This is a follow-up to this question.
1
vote
2answers
931 views

Simultaneously Solo and Pool Mining

It's possible to send shares both to a localhost GBT "pool" (e.g., Bitcoin Core's) and to a remote Stratum pool.* Now, if I discover a block, won't both my localhost GBT "pool" and the remote pool ...
1
vote
3answers
2k views

Bitcoin.conf & JSON-RPC options

What does it mean in the bitcoin.conf file when it states: server=1 tells Bitcoin-Qt to accept JSON-RPC commands? If all one needs to do to solo mine is type setgenerate true in the console, ...
1
vote
1answer
233 views

About traditional Bitcoin mining

I'm curious about traditional bitcoin mining, before pooling. Did an older version of the bitcoin wallet found on sourceforge have a mining feature built in which worked on a simple macbook? if so ...
1
vote
2answers
1k views

Solo mining error

so i have been trying to set up my pc to solo mine for almost a week now. i am using bitcoin core and guiminer v0.10.2. i have gotten to the point where i can start mining, but when i do i get this ...
1
vote
2answers
4k views

Solo Mine with an AntMiner

How do I solo mine with an AntMiner? AntMiners use cgminer, which certainly supports GBT, but when I use http://<my_local_net_ip>:8332/ and my bitcoind username and password for "Worker" and "...
1
vote
1answer
147 views

Tracing solo miners and anonymity

Can one, theoretically, write a program that is similar to a solo miner but instead it just logs IPs of other computers on the bitcoin net to trace IPs that might have bitcoin wallets on them and then ...
1
vote
1answer
1k views

More than 1000 CPU solo mining = bitcoin? [duplicate]

If I have 1000 (or more) machines with CPU (and no GPU) solo mining (12 hours/day), will it be profitable? Forget about the costs of electricity, etc... I want to know if doing more than 1000 ...
1
vote
2answers
8k views

How do I use the blockchain file bootstrap.dat?

Once I have the 9+ Gb bootstrap.dat file downloaded, how do I use it? I'd like to attempt mining without joining a pool; do I have the right file for a solo effort? I can use Windows or Linux so ...
1
vote
1answer
138 views

When was the last time a block was solo-mined?

Was curious about it the other day, what would be the quickest way to check for the last block payout minus the transaction fee to know when the last block was solo mined? Thanks.
1
vote
2answers
16k views

Solo mining in Sep 2017 [duplicate]

Is solo mining still doable today? What is needed to tackle a whole block under a month alone, 100x Antminer S9, 100THash/s? Another question, does location play a role in this? Would it matter if ...
1
vote
1answer
1k views

Solo Cluster Mining

My company has a ~270 node cluster we're thinking of turning into a solo mining operation during downtime. Can anyone direct me to a comprehensive tutorial on how to set this up?
1
vote
1answer
851 views

is Bitcoind -gen solo mining ?

I am running "./bitcoind -daemon -gen" in my machine . Is it solo mining ? If so, what does it take to create 1 bitcoin ? When i run "./bitcoind getbalance" it is always 0.00000 . "./bitecoind ...
1
vote
2answers
1k views

Entry point hardware for profitable mining [closed]

A) Which hardware B) Which GH/s level will be profitable for 1) Pool mining 2) Solo mining Bitcoins as of February 2014? Links to sources where information can be checked over time will be great, ...