Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Carterwyang on January 21, 2014, 06:53:19 AM



Title: should I mine solo?
Post by: Carterwyang on January 21, 2014, 06:53:19 AM
I have a network of computers, so i'm wondering if it would be more profitable for me to mine litecoins solo instead of in a pool, reason being I don't see everyone of the workers coming up when mining let me kno what you think.


Title: Re: should I mine solo?
Post by: dmpotter on January 21, 2014, 07:16:53 AM
I have a network of computers, so i'm wondering if it would be more profitable for me to mine litecoins solo instead of in a pool, reason being I don't see everyone of the workers coming up when mining let me kno what you think.

not litecoins, but there is many crapcoins you could do that with. You really need to look at the current difficulty and reward amount. Sure, you might find a block on your own, but would it be greater than what you would get cumulatively from a pool?


Title: Re: should I mine solo?
Post by: Carterwyang on January 21, 2014, 11:29:58 PM
how often do you think i'd find a block with 20 different miners?


Title: Re: should I mine solo?
Post by: anderl on January 22, 2014, 01:59:43 AM
how often do you think i'd find a block with 20 different miners?

Assuming your 20 computers are going to CPU mine LTC I'm guessing about 200Khs for all 20.

You should expect to win a block roughly every 993 days

If each computer has an  decent GPU in it, not a embedded ones, but not high end then I'm guessing 4000Khs for all 20 so you can expect a block every 49 days.

Without knowing any of your technical specs I don't even know what to tell you.


Title: Re: should I mine solo?
Post by: Carterwyang on January 22, 2014, 08:31:48 AM
lol pooled mining it is