Questions tagged [solo-mining]

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

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High Hashing Power: Okay to solo mine? [duplicate]

I plan to hash at around 250-550 gH/s, would it be profitable to mine solo, or would I make more money joining a pool? Are there any unexpected occurrences that I should look out for when mining?
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2answers
592 views

Complete Explanation of Mining [closed]

I have 6 miners, all with 3 R9 280x's. (Yes, not bitcoin mining, but there isn't a general mining stack site and it still uses cgminer so it's relevant) I've been working on getting them running ...
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1answer
2k views

Solo mining: gen=1 needed when using minerd?

I'm guessing maxcoind follows the same conventions as bitcoind. I've read up most everything except the actual source code but it seems that's the only place to find my answer! Anyways, so when I go ....
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1answer
2k views

Effect of internet connection speed on solo mining [duplicate]

I have a set of PCs hasing at 100 kH/s and currently the network difficulty is 2674.36329706. My power usage is 200 W, and as per https://www.litecoinpool.org/calc?hashrate=100&difficulty=2674....
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2answers
3k views

Connecting to Bitcoin wallet outside of LAN to 'Solo' Mine

For educational purposes only... Scenario: My friend and I want to solo mine on 1 wallet. But, his computers are not on\in my LAN network. The wallet has been set to server mode: -server bitcoin....
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1answer
248 views

would 10 x 2TH/s machines give me the possibility to mine solo [duplicate]

Would 10 X 2TH/s machines give me the a heads up on pool mining or go solo mining obviously using different addresses on each machine, or one address prone to redundant work?
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1answer
250 views

Software to connect to Bitcoin, and the method I need to invoke to try mining a bitcoin using a hash I have generated?

I'm looking to try out solo mining, I know it as a very low return rate but I want to try it out anyway... I'm looking for a simple client software to connect into the bitcoin network. Which ...
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1answer
297 views

Does Bitcoin-Qt require that I create a bitcoin.conf file in order to solo mine on my Mac?

Does Bitcoin-Qt require that I create a bitcoin.conf file in order to solo mine on my Mac? I created one after reading the wiki and placed it in Lib/AppSupp/Bitcoin but I am not sure I needed to. ...
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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 ...
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2answers
803 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 ...
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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 ...
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0answers
113 views

Number of transactions and transaction history don't match in XenCoinQt [closed]

I am solo mining XenCoin using XenCoin QT v0.6.3.3-g069d718-beta. The number of transactions shown on the overview tab is 9, yet there are 7 transactions listed in the transaction history. Also, ...
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0answers
598 views

Get work on custom solo mining software

I'm making a bitcoin solo miner, what is the URL to get the current block header a with JSON call? I also need the URL where the work will be sent if a valid solution is found. Right now I'm trying ...
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1answer
3k 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 ...
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0answers
4k 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, ...
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2answers
610 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 ...
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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).
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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 ...
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0answers
408 views

Changing the first payout address when a reward + fees is generated

I would like all my mined coins (solo mining, testnet so far) to go to a different default account. I'm not referring to the distribution a mining pool will do to all of its miners (Pay per share, ...
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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 ...
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2answers
442 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 ...
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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.
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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 ...
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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, ...
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1answer
210 views

Today's threshold difficulty at 3,9 what would a miner need to go solo

What i am asking is a relative threshold on the minimum Hash rate needed to mine solo, taking into account todays difficulty,could it be an ASIC of 1TH/s or 5TH/s so as to compare with pool mining
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1answer
5k views

Solo mining before wallet got sync'd

So the question is can i start mining(solo)/using my wallet for transactions or whatever when my wallet is not sync'd? I've tried to mine solo but it doesn't work =(.
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1answer
2k views

How best can I use Raspberry pi and ASIC? [duplicate]

I had an old Raspberry pi with a Bitmain Antminer 2GH USB plugged into it. I have joined the bitminter pool and so far have 0.00000094 bitcoins. In other words, I don't expect to get rich. ...
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1answer
3k views

Using GPU mining with the Bitcoin Wallet

After asking this question about using the Bitcoin wallet to mine, I am wondering how I can get my GPU involved with the mining work? Is this possible? or this there other, non-pooling software that ...
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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 ...
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1answer
1k views

Expected value in pool mining vs. solo mining

Set aside the fact that pool mining provides a more steady stream of income than solo mining, and the fact that pools charge a fee for their services. Disregarding those facts, I have an argument for ...
8
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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?
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1answer
3k views

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

What advantages / disadvantages does it offer over solo mining?
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1answer
35k 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 ...
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4answers
26k 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 ...
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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 ...
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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 ...
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3answers
15k 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.
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1answer
894 views

Is it possible to win the Bitcoin lottery?

If you have a PC and you try casual solo mining on your PCs CPU is it theoretically possible to mine a block and get the full block reward if you get really lucky? I know this is extremely unlikely ...
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0answers
106 views

Need to increase mining operation power handling

What hardware do you need to increase mining operation power handling distribution for capabilities of handling the voltage/wattage? Any information about this topic is appreciated, thank you.
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2answers
737 views

mine the transactions on solo

Will i receive the transactions fee even if i don't find a block? If i create a personal pool and start mining in it is there a chance to find block? Even if i don't find a block and for e.g mine 30 ...
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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?
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2answers
419 views

Having trouble solo mining [duplicate]

I mine for fun. Please no responses saying "You really shouldn't mine on that computer. At all. Forget mining exists." Whenever I try to mine using the instructions given in the README of the ...
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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 ...
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1answer
634 views

Bitcoind crashes directly after starting

I'm am trying to solo mine. My first problem is when I try to launch bitcoin client as server with guiminer I get this error Invalid -rpcallowip subnet specifications.* valid are a single ip. I ...
4
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1answer
14k 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 ...
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2answers
1k 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 ...
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2answers
3k views

Join a pool or create my own pool with my 500 PCs?

I'm an internet provider for a village that doesn't have access to internet except through my service. I thought about using my customers' PCs for mining and splitting the profits between us. Each ...
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1answer
446 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 ...
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2answers
1k views

Solo mining on OS X with Diablo Miner

I want to test Solo mining on OS X with Diablo Miner, so I pass options: ./DiabloMiner-OSX.sh -u my_user -p my_pass -r 8332 and I get: [5/1/13 11:01:37 PM] Started ...
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1answer
890 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 ...