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Title: Finally got my 125 Th/s mining up , Whats the next step ? Post by: Reider on December 22, 2016, 10:06:11 PM Start on my own , or jump into a mining pool ??
Title: Re: Finally got my 125 Th/s mining up , Whats the next step ? Post by: gt_addict on December 22, 2016, 10:19:06 PM Entirely upto you. Solo mining would reap bigger rewards but who knows when that block would happen. Pools are always good. Decent returns (depending on pool) the smaller the pool the bigger each share of the block, but the less frequent they happen, bigger pools find more blocks but the shares are smaller. Basically it all evens out in the end. Its a marginal difference in earnings.
If I had your amount of hashpower id certainly try solo mining for a few weeks. Title: Re: Finally got my 125 Th/s mining up , Whats the next step ? Post by: SFR10 on December 22, 2016, 11:38:09 PM With that amount of hash rate, I would go with both (just to make sure of uninterrupted earnings while waiting to hit the block in solo mode).
100 TH/s in solo mining and 25 TH/s in a pool mining. Title: Re: Finally got my 125 Th/s mining up , Whats the next step ? Post by: leowonderful on December 24, 2016, 11:06:29 PM You're not guaranteed to hit anything at all solo; I would go with a pool. The minimum hashrate I'd go with and start solo would be 1PH/S, and even that doesn't guarantee anything. What I did with my S7s was I mined on a pool until I made some nice profit and solomined to this day. :)
Title: Re: Finally got my 125 Th/s mining up , Whats the next step ? Post by: modsrocky on December 26, 2016, 11:01:20 AM you can try solo for few weeks or go to a middle big pool and make some profit. you have to try both
Title: Re: Finally got my 125 Th/s mining up , Whats the next step ? Post by: ethereumhunter on December 26, 2016, 11:47:33 AM Start on my own , or jump into a mining pool ?? i think you can split your hashrate into solo and pool but for solo, i think its depend on your luck because its really hard to find one blocks if you use only small hashrate, maybe you need to split like 85 TH/s for pools and 40 TH/s for solo mining so you have a chance to get one blocks. geez i wish i could have hashrate like yours, i think i only use for pools only. Title: Re: Finally got my 125 Th/s mining up , Whats the next step ? Post by: philipma1957 on December 26, 2016, 02:16:01 PM six days all in a pool 1 day all in solo mining.
easy way to solo mine is https://bitcointalk.org/index.php?topic=763510.0 http://solo.ckpool.org/pool/ Title: Re: Finally got my 125 Th/s mining up , Whats the next step ? Post by: Exoskeleton on December 28, 2016, 03:21:51 AM I'd join a pool. I had bad luck when I was solo mining for a few months. I didn't find a block even though I "should" have found almost 2 before I decided to join a pool finally. This was back in 2013 when blocks were worth 25Btc. So if I had been in a pool instead I could have mined another 35-40Btc back then which would have helped a lot even if coins were only worth $100 each.
Trust me, once you go for month or two solo mining and still have $0 to show for it your gonna be crushed. And then the electricity bill comes. And perhaps a credit card bill for the miners with interest (I hope not, but I know a few of these types that order miners on credit). Not good. If you had amazing luck you could find a block right away and perhaps stay ahead of the curve forever. In that case you'd be happy you never decided to join a pool. Can you take the risk of no returns whatsoever, which is a negative after electricity? If so do you feel lucky? |