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Other => Beginners & Help => Topic started by: cryptominersl on January 07, 2021, 10:50:18 AM



Title: Help for mine
Post by: cryptominersl on January 07, 2021, 10:50:18 AM
Dear all, i am new member.still i doing very small of mining at home.i have 2 RX580 8GB cards.i was used for minig some of website.( i cant tell that name here.i think its not good) so my qustion is i want to know how to mine solo.without any website. I wad planing to upgrade my mining Hadware.before i upgrade i would like to know that.can i mine solo without any involment.

THANK YOU GUYS!


Title: Re: Help for mine
Post by: Charles-Tim on January 07, 2021, 10:56:15 AM
Yes, you can mine solo, but if you start with just miners that do not generate enough hashes, you will end up not getting any mining reward. You will need to buy thousands of miners that will cost you millions to billions of dollars in order to mine solo.  But, if you think you will mine solo at home with some ASIC or GPU and think you will get reward, if it happens you get reward, that mean you are lucky because the chance that you will get a single mining reward (6.25 btc) is less than 0.0000001% because of the mining difficulty of bitcoin is very high and getting more difficult as more miners are joining. Even if you use millions to billions of dollars to set up mining farm, you will still want other small miners to join you, that is how the business work which will still result to mining pool. Gone are the days of mining solo.


Title: Re: Help for mine
Post by: NeuroticFish on January 07, 2021, 10:57:52 AM
Dear all, i am new member.still i doing very small of mining at home.i have 2 RX580 8GB cards.i was used for minig some of website.( i cant tell that name here.i think its not good) so my qustion is i want to know how to mine solo.without any website. I wad planing to upgrade my mining Hadware.before i upgrade i would like to know that.can i mine solo without any involment.

THANK YOU GUYS!

Clearly you cannot mine Bitcoin with graphic cards. If you want to mine with those you may try to ask in the Mining (Altcoins) (https://bitcointalk.org/index.php?board=160.0) part of this forum. You can mine altcoins and sell them for Bitcoin (if you mine altcoins listed on exchanges).
Also, I strongly believe that you have not much of a chance for solo mining. The coins that have market value will most probably need you to mine in a mining pool because of the overly high difficulty.
So while asking there what coins to mine, also ask for pool recommendations and maybe the right software and configuration too.


Title: Re: Help for mine
Post by: mocacinno on January 07, 2021, 11:00:03 AM
Yes, you can mine solo, but if you start with just miners that do not generated enough hashes, you will end up not getting any mining reward. You will need to buy thousands miners that will cost you billions in dollars in order to mine solo.  But, if you think you will mine solo at home with some GPU or ASIC and think you will get reward, if it happens, that mean you are lucky because the chance that you wi get a single mining reward (6.25 btc) is less than 0.001% because of the mining difficulty of bitcoin which is very high. Even if you use billion to set up mining farm, you will still want other small miners to join you, that is how the business work which will still result to mining pool. Gone are the days of mining solo.

Well, i'd like to approach this from a different angle.. OP is posting in a bitcoin subforum, and the odds of solving a block for the bitcoin blockchain using 2 GPU's is so close to 0 that in reality it's ok to say that it's impossible...

Sure, you can solve a block using pen and paper... But you'll have a better chance of winning your state lottery 10 times in a row while sitting on the toilet on new years eve (i didn't do the actual odds calculations).


Title: Re: Help for mine
Post by: cryptominersl on January 07, 2021, 11:08:57 AM
Yes, you can mine solo, but if you start with just miners that do not generated enough hashes, you will end up not getting any mining reward. You will need to buy thousands miners that will cost you billions in dollars in order to mine solo.  But, if you think you will mine solo at home with some GPU or ASIC and think you will get reward, if it happens, that mean you are lucky because the chance that you wi get a single mining reward (6.25 btc) is less than 0.001% because of the mining difficulty of bitcoin which is very high. Even if you use billion to set up mining farm, you will still want other small miners to join you, that is how the business work which will still result to mining pool. Gone are the days of mining solo.

Well, i'd like to approach this from a different angle.. OP is posting in a bitcoin subforum, and the odds of solving a block for the bitcoin blockchain using 2 GPU's is so close to 0 that in reality it's ok to say that it's impossible...

Sure, you can solve a block using pen and paper... But you'll have a better chance of winning your state lottery 10 times in a row while sitting on the toilet on new years eve (i didn't do the actual odds calculations).
Dear all, i am new member.still i doing very small of mining at home.i have 2 RX580 8GB cards.i was used for minig some of website.( i cant tell that name here.i think its not good) so my qustion is i want to know how to mine solo.without any website. I wad planing to upgrade my mining Hadware.before i upgrade i would like to know that.can i mine solo without any involment.

THANK YOU GUYS!

Clearly you cannot mine Bitcoin with graphic cards. If you want to mine with those you may try to ask in the Mining (Altcoins) (https://bitcointalk.org/index.php?board=160.0) part of this forum. You can mine altcoins and sell them for Bitcoin (if you mine altcoins listed on exchanges).
Also, I strongly believe that you have not much of a chance for solo mining. The coins that have market value will most probably need you to mine in a mining pool because of the overly high difficulty.
So while asking there what coins to mine, also ask for pool recommendations and maybe the right software and configuration too.


THANKS GUYS.
i mean solo mining like this video.please can you check the video and tell me is it good.

https://www.youtube.com/watch?v=uU1lTtklZRQ&feature=emb_logo



Title: Re: Help for mine
Post by: cryptominersl on January 07, 2021, 11:25:01 AM
at now i doing mining in some website.i know its a not mining.its share my hadware to that web.anyhow i can earn oneday 4$.i want to know can i earn money for anyother good site or using some of software?


Title: Re: Help for mine
Post by: akirasendo17 on January 07, 2021, 11:33:44 AM
at now i doing mining in some website.i know its a not mining.its share my hadware to that web.anyhow i can earn oneday 4$.i want to know can i earn money for anyother good site or using some of software?
If you have videocard then you can mine altcoins like ethereum for example, its true what other said you can't use that for bitcoin mining,
what do you mean with a website, i think the website, you are talking about is just a gui is just a statistics its normal, so that you can monitor your hash or are you slowing down how much did you earn something like that, also you can go to the mining section, they can answer almost everything,
when it comes to mining good luck, in your mining.


Title: Re: Help for mine
Post by: Welsh on January 07, 2021, 12:16:11 PM
at now i doing mining in some website.i know its a not mining.its share my hadware to that web.anyhow i can earn oneday 4$.i want to know can i earn money for anyother good site or using some of software?
You can calculate how much you'll earn a day "solo" mining with your graphic cards via a difficulty calculator. (Search up "Bitcoin mining difficulty calculator on your preferred search engine). It won't be much, if anything at all. If you want to get into mining, I would suggest a dedicated mining device, specifically made for mining. Since, you'll be degrading your valuable GPUs at a much faster rate than with a dedicated mining device, since they factor in the load that mining requires, whereas gpus don't usually do so.



Title: Re: Help for mine
Post by: cryptominersl on January 07, 2021, 12:29:49 PM
at now i doing mining in some website.i know its a not mining.its share my hadware to that web.anyhow i can earn oneday 4$.i want to know can i earn money for anyother good site or using some of software?
You can calculate how much you'll earn a day "solo" mining with your graphic cards via a difficulty calculator. (Search up "Bitcoin mining difficulty calculator on your preferred search engine). It won't be much, if anything at all. If you want to get into mining, I would suggest a dedicated mining device, specifically made for mining. Since, you'll be degrading your valuable GPUs at a much faster rate than with a dedicated mining device, since they factor in the load that mining requires, whereas gpus don't usually do so.


at now i doing mining in some website.i know its a not mining.its share my hadware to that web.anyhow i can earn oneday 4$.i want to know can i earn money for anyother good site or using some of software?
If you have videocard then you can mine altcoins like ethereum for example, its true what other said you can't use that for bitcoin mining,
what do you mean with a website, i think the website, you are talking about is just a gui is just a statistics its normal, so that you can monitor your hash or are you slowing down how much did you earn something like that, also you can go to the mining section, they can answer almost everything,
when it comes to mining good luck, in your mining.


THANK YOU VERY MUCH FOR YOU TWO.
As your knowledge can you tell me what is the best site for mine ethereum or anyother coins.


Title: Re: Help for mine
Post by: plr on January 07, 2021, 12:47:35 PM
Dear all, i am new member.still i doing very small of mining at home.i have 2 RX580 8GB cards.i was used for minig some of website.( i cant tell that name here.i think its not good) so my qustion is i want to know how to mine solo.without any website. I wad planing to upgrade my mining Hadware.before i upgrade i would like to know that.can i mine solo without any involment.

THANK YOU GUYS!

Solo mining is out now, you cannot keep up with small hashes and you are up against huge mining pool, there is no way you can match these mining pool, in fact many small miners are selling their mining rigs, and just decide to buy coins to HODL, you can mine other coins but do your own research on the potential of the coin that you want to mine.


Title: Re: Help for mine
Post by: NeuroticFish on January 07, 2021, 01:54:32 PM
i mean solo mining like this video.please can you check the video and tell me is it good.

https://www.youtube.com/watch?v=uU1lTtklZRQ&feature=emb_logo

1. I don't know for that website, but a quick search told that it should be legit. They have a not-really-updated announcement also on this forum (https://bitcointalk.org/index.php?topic=2459256.0).
2. If you edited eth_pool.bat like in the video, that's pool mining. And as I said, in solo mining you'll probably get nothing.
3. Last time I've been mining it was not recommended to mine to an exchange address, what the video recommends (Binance); you may be better with your own address.
4. As idea, you may also look for pool that automatically exchanges the mined ETH into BTC for you.
5. Make sure you understand that at the end of the month your electricity bill will be higher and these earnings should also cover that.
6. I don't know if the earned 4$/day is OK, but as I said, you should ask these things the actual miners in the actual mining subforum.



Title: Re: Help for mine
Post by: cryptominersl on January 07, 2021, 02:08:05 PM
i mean solo mining like this video.please can you check the video and tell me is it good.

https://www.youtube.com/watch?v=uU1lTtklZRQ&feature=emb_logo

1. I don't know for that website, but a quick search told that it should be legit. They have a not-really-updated announcement also on this forum (https://bitcointalk.org/index.php?topic=2459256.0).
2. If you edited eth_pool.bat like in the video, that's pool mining. And as I said, in solo mining you'll probably get nothing.
3. Last time I've been mining it was not recommended to mine to an exchange address, what the video recommends (Binance); you may be better with your own address.
4. As idea, you may also look for pool that automatically exchanges the mined ETH into BTC for you.
5. Make sure you understand that at the end of the month your electricity bill will be higher and these earnings should also cover that.
6. I don't know if the earned 4$/day is OK, but as I said, you should ask these things the actual miners in the actual mining subforum.


Dear actually I mining nicehash.i will attach images.the thing is earlier in nicehash site I earn 0.00012245 btc per day.but that time I got low dollar rate. Because that time Bitcoin price lower than now.but now I can earn 0.00010892 btc per day.but now I got higher $ rate. Because btc up now. I think nicehash cheating. That’s why I need to know anyother solution like direct mining.i don’t want Btc mining.anyother coin also ok. Can you guys recommend anyother site or software for me.