Bitcoin Forum

Other => Beginners & Help => Topic started by: AbusiveMeow on July 05, 2013, 02:03:53 PM



Title: What's the deal with teams? - BTCGUILD
Post by: AbusiveMeow on July 05, 2013, 02:03:53 PM
I was just wondering what exactly teams were , along with an explanation of what solo mining actually is.


Title: Re: What's the deal with teams? - BTCGUILD
Post by: cesmak on July 05, 2013, 04:23:49 PM
I don't know about btcguild teams are for, but "Solo mining" means to mine without the use of a pool and is done by activating personal wallet (bitcoin-qt) server option and to configure a miner software (cgminer or another) to use your wallet to receive an, eventualy, block you discover but at actual hash power of the network the possibility to find a block (25btc) by "solo mining" can be achieved (in reasonable time) only with an hash power of hundreds of Gh/s.

Hope i''m clear enought..


Title: Re: What's the deal with teams? - BTCGUILD
Post by: AbusiveMeow on July 05, 2013, 05:09:46 PM
so would btc guild be considered a pool?


Title: Re: What's the deal with teams? - BTCGUILD
Post by: cesmak on July 05, 2013, 09:01:24 PM
Yes of course. BtcGuild is a pool.


Title: Re: What's the deal with teams? - BTCGUILD
Post by: Mr.Dreamanonym on July 05, 2013, 09:02:19 PM
Yes of course. BtcGuild is a pool.

You're the pool yes !