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Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: cryptowizze on February 01, 2018, 08:20:32 AM



Title: Anyone solo mining alt coins?
Post by: cryptowizze on February 01, 2018, 08:20:32 AM
I'm not asking for you to reveal what coins you are solo mining, just curious of anyone is doing it. I've seen the odd thread in here of people solo mining but seems like not many people do.


Title: Re: Anyone solo mining alt coins?
Post by: Sevarchik on February 01, 2018, 08:26:07 AM
Yes some peoples mine in solo new coins, option avialable in wallets of this coins


Title: Re: Anyone solo mining alt coins?
Post by: TheONLY-1 on February 01, 2018, 08:30:42 AM
Matter of fact is I'm mining solo :)


Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 10, 2018, 09:43:47 PM
I solo mine altcoins and i only have one gtx970 the coins i have succesfully mined are Phoenix, Halcyon, Orbitz, UFO, guncoin hopes this helps if u need any help setting up to try it let me know if i can help in any way and ill try to get u running.solo mining is great there is nothing like finding your first block and seeing that little pic on your wallet makes pool mining seen so bunk but at the same time can also be a complete waste of time


Title: Re: Anyone solo mining alt coins?
Post by: PCW on March 14, 2018, 03:58:10 PM
I solo mine altcoins and i only have one gtx970 the coins i have succesfully mined are Phoenix, Halcyon, Orbitz, UFO, guncoin hopes this helps if u need any help setting up to try it let me know if i can help in any way and ill try to get u running.solo mining is great there is nothing like finding your first block and seeing that little pic on your wallet makes pool mining seen so bunk but at the same time can also be a complete waste of time

I'm trying to do exactly what you've done, solo mine several altcoins.  I don't expect it to be highly profitable but it looks like fun.  

I have some really basic questions:

Is there one piece of software that mines all or many of these coins?
Or does each coin have it's own specific software to use for mining?

From reading I'm getting the impression that the same software (miner) can mine different coins, and I just use different ports.

If that's so, what miner do you use?  I'm on Windows 10 but I can change the OS if it's better.

If you could generally walk me through the process or point me to a site that explains it, I'd appreciate it.


Title: Re: Anyone solo mining alt coins?
Post by: s0ftcorn on March 14, 2018, 04:02:45 PM
You can use ccminer for most coins.  You most of the time dont have a miner for one coin but for one algorithm. So for zcash or bitcoin private thats equihash, for which you can use bminer.
but if you are really new to all this you just use a multipoolminer, that decides for you which coin is most profitable at the moment.
for new coins you have to speculate yourself.


Title: Re: Anyone solo mining alt coins?
Post by: ruplikminer on March 14, 2018, 04:17:38 PM

I solo mine altcoins and i only have one gtx970 the coins i have succesfully mined are Phoenix, Halcyon, Orbitz, UFO, guncoin hopes this helps if u need any help setting up to try it let me know if i can help in any way and ill try to get u running.solo mining is great there is nothing like finding your first block and seeing that little pic on your wallet makes pool mining seen so bunk but at the same time can also be a complete waste of time

Would you say that solo mining have been more profitable than pool? I have 72 x 1070ti and I would be very curious to try it. But I have no clue how to... I would really appreciate if you could give me some more information. Thanks!


Title: Re: Anyone solo mining alt coins?
Post by: mayers8851 on March 14, 2018, 05:47:21 PM
I'm not asking for you to reveal what coins you are solo mining, just curious of anyone is doing it. I've seen the odd thread in here of people solo mining but seems like not many people do.

I mine solo from time to time, it can be very profitable sometimes when new coin is launched.


Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 19, 2018, 10:31:20 AM
I solo mine altcoins and i only have one gtx970 the coins i have succesfully mined are Phoenix, Halcyon, Orbitz, UFO, guncoin hopes this helps if u need any help setting up to try it let me know if i can help in any way and ill try to get u running.solo mining is great there is nothing like finding your first block and seeing that little pic on your wallet makes pool mining seen so bunk but at the same time can also be a complete waste of time

I'm trying to do exactly what you've done, solo mine several altcoins.  I don't expect it to be highly profitable but it looks like fun.  

I have some really basic questions:

Is there one piece of software that mines all or many of these coins?
Or does each coin have it's own specific software to use for mining?

From reading I'm getting the impression that the same software (miner) can mine different coins, and I just use different ports.

If that's so, what miner do you use?  I'm on Windows 10 but I can change the OS if it's better.

If you could generally walk me through the process or point me to a site that explains it, I'd appreciate it.

ok first sorry for not getting back to you sooner and let me see if i can help so basically to answer the first question like the other guy said ccminer works for most everything besides ethash and eqihash algorithims the version i use personally is ccminer-x64-2.2.4-cuda9 because i had problems getting some of the others to work but that one has been solid for me the only time i use a different program is when i use nsgminer-win64-0.9.4 to mine ufo because something about its core makes it not work with ccminer i have used it to mine some of the samew coins i mine with ccminer but i swear it seems like i never find blocks using this program with the exception of the 2 ufo blocks i hit 40 minutes apart the first time i tried it but havent hit nothing since
first of you have to make a conf file in the coins folder located in C:\Users\yourpcname\AppData\Roaming so say for phoenixcoin i use this right here just make new text file in folder paste this

rpcuser =mat420 (change this to your username same as used in the bat to launch)
rpcpassword = x  
rpcallowip = 127.0.0.1
rpcallowip = localhost
rpcport = 9554
daemon = 1
server = 1
gen = 0
maxconnections = 64
dns = 1
checkpoints = 1
listen = 1
dnsseed = 1
banscore = 50
bantime = 14400
addnode=prometheus.phoenixcoin.org:9555
addnode=menoetius.phoenixcoin.org:9555
addnode=atlas.phoenixcoin.org:9555

then rename the txt phoenixcoin.conf
now for the bat this is what i use
add a new txt file in the miner folder that u use and copy this changing the username to exactly what u used in conf file same with password then rename pxc_solo.bat or something u choose

setx GPU_FORCE_64BIT_PTR 0
setx GPU_MAX_HEAP_SIZE 100
setx GPU_USE_SYNC_OBJECTS 1
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_SINGLE_ALLOC_PERCENT 100
ccminer-x64.exe -a neoscrypt -i 22 -o http://127.0.0.1:9554 -u mat420 -p x

assuming you were using same ccminer as me and this is for nvidia cards i basically use this as a template for anything im trying to  solo mine changing the algo if nessasary and the rpcport to match what is used and matches what is in the conf for nsgminer this is my bat

nsgminer --neoscrypt -w 128 -I 18 -o http://127.0.0.1:9554 -u mat420 -p x --no-getwork --no-stratum --verbose --text-only --coinbase-addr your coin address  

that would be to mine phoenix with it this is also on windows 10 and technically poenixcoin.conf file is in the same folder as the qt but normally it is where i said first and this should go without saying you need the qt running and the blockchain fully sync before u can  solo mine
and if this helped you out feel free to tip me a beer if not no worries
BTC 1FNruRuDCapGhWQdUoX1nokTTSanfDjcim




Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 19, 2018, 10:39:28 AM

I solo mine altcoins and i only have one gtx970 the coins i have succesfully mined are Phoenix, Halcyon, Orbitz, UFO, guncoin hopes this helps if u need any help setting up to try it let me know if i can help in any way and ill try to get u running.solo mining is great there is nothing like finding your first block and seeing that little pic on your wallet makes pool mining seen so bunk but at the same time can also be a complete waste of time

Would you say that solo mining have been more profitable than pool? I have 72 x 1070ti and I would be very curious to try it. But I have no clue how to... I would really appreciate if you could give me some more information. Thanks!

definetly 100% i do and if i had your power i would be trying for the good coins not the ones i can mine hopefully my quick explanation to the op can help but feel free to ask questions and ill help if i can


Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 19, 2018, 10:52:18 AM

I solo mine altcoins and i only have one gtx970 the coins i have succesfully mined are Phoenix, Halcyon, Orbitz, UFO, guncoin hopes this helps if u need any help setting up to try it let me know if i can help in any way and ill try to get u running.solo mining is great there is nothing like finding your first block and seeing that little pic on your wallet makes pool mining seen so bunk but at the same time can also be a complete waste of time

Would you say that solo mining have been more profitable than pool? I have 72 x 1070ti and I would be very curious to try it. But I have no clue how to... I would really appreciate if you could give me some more information. Thanks!

hey i was looking at your sig what is that mkt coin i noticed alot of people were mining it on bsod now not so much but i never heard of the coin whats it about


Title: Re: Anyone solo mining alt coins?
Post by: Geraldo on March 19, 2018, 01:52:43 PM
I do solo mining since 2015. With and without Hardware.
With hardware, I do solo mining to QT Wallet, and technical explanation has posted above. This way worked for new coins.

Without hardware, I create private pool then renting hashrate from Nicehash. I do this for old coins (mostly need more hashrate). Calculate profitability for its coins, then go for solo mining.


Title: Re: Anyone solo mining alt coins?
Post by: PCW on March 20, 2018, 12:37:31 AM

ok first sorry for not getting back to you sooner ...

...and if this helped you out feel free to tip me a beer if not no worries
BTC 1FNruRuDCapGhWQdUoX1nokTTSanfDjcim


No problem on the timing.   The information was worth the wait.

Interestingly, before asking my questions a few days back, I hadn't found anything on solo mining. I think primarily because I was only looking at posts, articles, videos, etc. from the past couple of years.  My rationale was that anything crypto-related before a few years ago was going to be too ancient, but when I did expand my searches back, I did find information similar to what you provided but I really couldn't trust it completely because of its age. 

I appreciate the more up-to-date information that you provided as I piece it all together; the moment that I have something to tip with, I certainly will!

In the meantime, I have 2 questions:

1. If you solve a block, how do the coin gods know where to send the block reward?  i.e., where does the wallet come into play in all of this?

and

2.  A conceptual question.  In pool mining, I understand that the pool tells the miner what to mine i.e., the nonce.  In solo mining does the miner decide the sequence to mine?  Or is it random within the program?  Like if 2 miners start mining with the same setup, will they be trying to solve the exact same thing?  Or can I mine whatever set of numbers I want?  I'm sure I have a conceptual misunderstanding here.  Can you clear this one up for me.  Thanks.


Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 20, 2018, 01:33:26 AM

ok first sorry for not getting back to you sooner ...

...and if this helped you out feel free to tip me a beer if not no worries
BTC 1FNruRuDCapGhWQdUoX1nokTTSanfDjcim


No problem on the timing.   The information was worth the wait.

Interestingly, before asking my questions a few days back, I hadn't found anything on solo mining. I think primarily because I was only looking at posts, articles, videos, etc. from the past couple of years.  My rationale was that anything crypto-related before a few years ago was going to be too ancient, but when I did expand my searches back, I did find information similar to what you provided but I really couldn't trust it completely because of its age.  

I appreciate the more up-to-date information that you provided as I piece it all together; the moment that I have something to tip with, I certainly will!

In the meantime, I have 2 questions:

1. If you solve a block, how do the coin gods know where to send the block reward?  i.e., where does the wallet come into play in all of this?

and

2.  A conceptual question.  In pool mining, I understand that the pool tells the miner what to mine i.e., the nonce.  In solo mining does the miner decide the sequence to mine?  Or is it random within the program?  Like if 2 miners start mining with the same setup, will they be trying to solve the exact same thing?  Or can I mine whatever set of numbers I want?  I'm sure I have a conceptual misunderstanding here.  Can you clear this one up for me.  Thanks.

if your using ccminer thats what the server=1 in the conf file does is make your qt wallet client automatically be were the rewards get sent thats why it has to be running both together and in nsg miner you add your address in the bat --coinbase-addr Po8YFga1Jbjz******CCTWXesU18Z thats were rewards get sent
as for the second question im not entirly sure but i believe in solo mining everybody is just racing to solve the block the fastest untill it tells the client that that block has been found then everybody just goes at the next block but i could be wrong there is no shares in solo because all shares are for in pool mining is a way to judge how much work u put in to solving the current block to determin how much you get rewarded in proportion to all other miners but that could be wrong too im not 100% possitive to say thats how it works for sure and the little yay it says everytime you find a share pool mining with ccminer it does that when u find a block solo mining and nsgminer says found block for pool 0 when u find one not the new block detected that means someone else found one but not you personally and dont worry about tipping me i just put that there because there really isnt much solo mining info out there and i figured someone might stumble apon this and get themself going and throw a few bucks my way you never know i probably would have because it took me some time to get running and im sure u understand also looking for info on it


Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 20, 2018, 04:24:40 AM
here are some pics
https://imgur.com/k5Bv5ce
https://imgur.com/UshXUVX
https://imgur.com/COqkE9A
https://imgur.com/oSGqHG8
https://imgur.com/BWbsstX


Title: Re: Anyone solo mining alt coins?
Post by: Lab_Rat on March 20, 2018, 06:11:06 AM
I'm not asking for you to reveal what coins you are solo mining, just curious of anyone is doing it. I've seen the odd thread in here of people solo mining but seems like not many people do.

For new altcoins, this can be done, but essentially it does not have any economic sense. If mining in the pool is possible, then it is better to use the pool. In general, it is better to mine liquid currencies  and buy the liked altcoins.


Title: Re: Anyone solo mining alt coins?
Post by: LeChuckDE on March 20, 2018, 06:56:49 AM
Of Course.
I am mining Ethereum Solo with 31,5 GH/s from 900 GPUs



Title: Re: Anyone solo mining alt coins?
Post by: Geraldo on March 20, 2018, 09:14:00 AM
Of Course.
I am mining Ethereum Solo with 31,5 GH/s from 900 GPUs

You are the man!  ;)
How many blocks solved each day by the way? Am curious to compare with pooled mining estimation.
Have you tried other Ethash coins? Music coin maybe?


Title: Re: Anyone solo mining alt coins?
Post by: ciciteng on March 20, 2018, 11:40:40 AM

Holly cow! Are you mining solo for all of this?


Title: Re: Anyone solo mining alt coins?
Post by: MetaSk on March 20, 2018, 11:49:11 AM
Solo mining is profitable only for fresh coins and it last shortly. In case you have few hundred cards you coul solo mine literally anything and still have regular payouts :)


Title: Re: Anyone solo mining alt coins?
Post by: Kronos21 on March 20, 2018, 12:16:24 PM
I'm not asking for you to reveal what coins you are solo mining, just curious of anyone is doing it. I've seen the odd thread in here of people solo mining but seems like not many people do.
I would not recommend you to do it. Solo mining can be used only by those who believe in the opportunity to win the lottery. Now the profit margin of many coins has decreased to the minimum level. This is assuming that you will use the services of pools. The profit margin of solo mining will have a negative indicator. Are you ready to work at a loss?


Title: Re: Anyone solo mining alt coins?
Post by: Geraldo on March 20, 2018, 02:00:30 PM
Solo mining is profitable only for fresh coins and it last shortly. In case you have few hundred cards you coul solo mine literally anything and still have regular payouts :)

I do solo mining with old coins (many times).
The main purpose of mining is solving blocks. When most people think a new coin is better for solo mining equal to the new coin would have a ton of miner. And it will be unprofitable for solo mining.

Remember: Fewer miners = Low Network Hashrate = Low difficulty = You will solving more block = More profit

So, Network Hashrate would be the first thing to be considered.


Sometimes people will forget the old coins, especially the new miners, it will be an advantage for us, right? Back to "Remember" point above.
Calculate these few things to get the most profitable coin for solo mining, Network Hashrate, Difficulty, Block Reward (how many coins you get every time you solve a block), don't forget about block time, and the last thing that needs to check is coin price. and You are ready for Solo Mining!  ;)


I'm not asking for you to reveal what coins you are solo mining, just curious of anyone is doing it. I've seen the odd thread in here of people solo mining but seems like not many people do.
I would not recommend you to do it. Solo mining can be used only by those who believe in the opportunity to win the lottery. Now the profit margin of many coins has decreased to the minimum level. This is assuming that you will use the services of pools. The profit margin of solo mining will have a negative indicator. Are you ready to work at a loss?

With the right calculations, Solo Mining truly different with the lottery.
Same as you, I didn't recommend for a un-experience miner to do solo mining.

OP - If you want to do it, just learn how to do it, and go for Solo Mining. You'll get a ton experience.


Title: Re: Anyone solo mining alt coins?
Post by: LeChuckDE on March 20, 2018, 06:00:34 PM
Of Course.
I am mining Ethereum Solo with 31,5 GH/s from 900 GPUs

You are the man!  ;)
How many blocks solved each day by the way? Am curious to compare with pooled mining estimation.
Have you tried other Ethash coins? Music coin maybe?

I am mining 2 - 3 blocks a day, best was 7 blocks at one day, but got them with a luck of under 20 % each.
Other coins are not such profitable like ethereum at time.
Got a private multipool with Ethereum, Ethereum Classic, Expanse with autoswitching between coins.
I am only mining the "big 3" DaggerHashimoto coins, but in fact only ethereum, based on profitablity.







Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 21, 2018, 01:23:59 AM

yes sir with one gtx970  is all i have so for people sayimg solo is not worth it i just think thats not true trust me i wouldnt be trying to mine ether or nothing like that but believe me when i say i make alot more just mining pxc solo then i would ever make mining anything in a pool with my card


Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 21, 2018, 01:40:48 AM
I'm not asking for you to reveal what coins you are solo mining, just curious of anyone is doing it. I've seen the odd thread in here of people solo mining but seems like not many people do.
I would not recommend you to do it. Solo mining can be used only by those who believe in the opportunity to win the lottery. Now the profit margin of many coins has decreased to the minimum level. This is assuming that you will use the services of pools. The profit margin of solo mining will have a negative indicator. Are you ready to work at a loss?

you just shouldnt go around telliung people things that are not true, yes to an extent it is true but i have one gtx970 and i solo mine pxc mostly and i have rarly had a day go by that i did not make more mining it then i could have mining(pool) the most profitable coin with the same power


Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 21, 2018, 01:49:54 AM
Solo mining is profitable only for fresh coins and it last shortly. In case you have few hundred cards you coul solo mine literally anything and still have regular payouts :)

I do solo mining with old coins (many times).
The main purpose of mining is solving blocks. When most people think a new coin is better for solo mining equal to the new coin would have a ton of miner. And it will be unprofitable for solo mining.

Remember: Fewer miners = Low Network Hashrate = Low difficulty = You will solving more block = More profit

So, Network Hashrate would be the first thing to be considered.


Sometimes people will forget the old coins, especially the new miners, it will be an advantage for us, right? Back to "Remember" point above.
Calculate these few things to get the most profitable coin for solo mining, Network Hashrate, Difficulty, Block Reward (how many coins you get every time you solve a block), don't forget about block time, and the last thing that needs to check is coin price. and You are ready for Solo Mining!  ;)


I'm not asking for you to reveal what coins you are solo mining, just curious of anyone is doing it. I've seen the odd thread in here of people solo mining but seems like not many people do.
I would not recommend you to do it. Solo mining can be used only by those who believe in the opportunity to win the lottery. Now the profit margin of many coins has decreased to the minimum level. This is assuming that you will use the services of pools. The profit margin of solo mining will have a negative indicator. Are you ready to work at a loss?

With the right calculations, Solo Mining truly different with the lottery.
Same as you, I didn't recommend for a un-experience miner to do solo mining.

OP - If you want to do it, just learn how to do it, and go for Solo Mining. You'll get a ton experience.

Exactly thank you man i agree 100% and it is definitely great learning experience and alot of us just do this as a fun hobby and finding your first solo block is a experience everyone should experience, and also if people try it and it doesnt work for them im sure theyll just stop there not gonna keep mining at a loss for long so whats it gonna hurt

also quick question for you were do you get your info to help decide which coins you might try mining ????


Title: Re: Anyone solo mining alt coins?
Post by: Geraldo on March 21, 2018, 04:52:43 AM
-snip-
You are the man!  ;)
How many blocks solved each day by the way? Am curious to compare with pooled mining estimation.
Have you tried other Ethash coins? Music coin maybe?

I am mining 2 - 3 blocks a day, best was 7 blocks at one day, but got them with a luck of under 20 % each.
Other coins are not such profitable like ethereum at time.
Got a private multipool with Ethereum, Ethereum Classic, Expanse with autoswitching between coins.
I am only mining the "big 3" DaggerHashimoto coins, but in fact only ethereum, based on profitablity.

Almost same as pooled mining, with 31.5 GH/s seems you get 2.4 ETH (Calculator say) ATM. But with solo mining, you have a chance to get 3 and more ETH. It seems a good choice for solo mining at yours Hashrate.

also quick question for you were do you get your info to help decide which coins you might try mining ????

Everywhere.
Old thread coin Ann, even Whattomine, Coinwarz, wherever. If you know the key, it will make you have a different view with regular miners when seeing some coin with technical info.


Title: Re: Anyone solo mining alt coins?
Post by: Cryptoipad on March 21, 2018, 04:58:44 AM
We have to mining discussion should be solo users cryptocurrency.the altcoin if that digital money of mining process We will also require you to download some files from external site we haven't encountered any problems with any of the tools we are about to recommend, but we assume no responsibility for anything you do to your hardware or software while mining Altcoins or any other cryptocurrency.the people's required solo mind profit from altcoin.we will decided that I want to mine a bunch of altcoins and completely disregard short term profitability mining of solo process system.


Title: Re: Anyone solo mining alt coins?
Post by: josh07 on March 21, 2018, 05:58:01 AM
for me I'm not familiar with mining in altcoins but I'm also learning mining because I do not want to go into something like mining if you do not have enough skills to do it so I'm studying mona before I try. because its users are pretty good at mining so I've been studying mining very well to make it even better.


Title: Re: Anyone solo mining alt coins?
Post by: funnel on March 21, 2018, 02:53:59 PM
I solo mine almost every day but only for 15 minutes. I just like playing the lottery, and maybe one day I'll get lucky and hit a block.

My solution was to set up my own stratum pool in a virtual machine so I can just use any ccminer. I did it mostly because I wanted to learn how to set up a pool.


Title: Re: Anyone solo mining alt coins?
Post by: Geraldo on March 21, 2018, 03:48:35 PM
I solo mine almost every day but only for 15 minutes. I just like playing the lottery, and maybe one day I'll get lucky and hit a block.

If your hashrate 50% or more from the Global Hashrate, 15 minutes "may enough", but also you need to consider coin's Block Time. Based on my experience, ideally one hour.


Title: Re: Anyone solo mining alt coins?
Post by: LeChuckDE on March 21, 2018, 05:53:21 PM
Quote

also quick question for you were do you get your info to help decide which coins you might try mining ????

<probability to mine next block> = <your hash rate> / <total hash rate>
<blocks in month> = <seconds in month> / <avg block time>
<blocks mined per month> = <probability to mine next block> * <blocks in month>
<revenue per month> = <block reward> * <blocks mined per month>
<earnings per month> = <revenue per month> - <expenses>


Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 21, 2018, 10:07:48 PM
Quote

also quick question for you were do you get your info to help decide which coins you might try mining ????

<probability to mine next block> = <your hash rate> / <total hash rate>
<blocks in month> = <seconds in month> / <avg block time>
<blocks mined per month> = <probability to mine next block> * <blocks in month>
<revenue per month> = <block reward> * <blocks mined per month>
<earnings per month> = <revenue per month> - <expenses>

good stuff thanks for this im sure even with my limited programming experience i can make a nice little calculator using this


Title: Re: Anyone solo mining alt coins?
Post by: Kryptowolf512 on March 22, 2018, 08:05:41 AM
It really depends on your current hashrate. I wouldnt solo mine with only 1 GPU... You really need a farm for it, or as someone said already, the coin is fresh out and the difficulty is really low


Title: Re: Anyone solo mining alt coins?
Post by: mat4202 on March 22, 2018, 11:38:19 AM
It really depends on your current hashrate. I wouldnt solo mine with only 1 GPU... You really need a farm for it, or as someone said already, the coin is fresh out and the difficulty is really low

why not i do with my one gtx970 i mine pxc and i make more then i could pool mining the most profitable coin at the time


Title: Re: Anyone solo mining alt coins?
Post by: Geraldo on March 22, 2018, 02:16:26 PM
why not i do with my one gtx970 i mine pxc and i make more then i could pool mining the most profitable coin at the time

Point taken!
Really, I like what you do. When we know the key, with whatever devices we have, we can do Solo Mining. Keep going!


Title: Re: Anyone solo mining alt coins?
Post by: Chaki on March 22, 2018, 02:32:11 PM
Solo mining is a good choice to start mining,. When people want to have experience in mining then they can do solo with one coin to mine, specially when they don't have the right mining tolls yet.


Title: Re: Anyone solo mining alt coins?
Post by: LeChuckDE on March 23, 2018, 03:49:07 PM
im a solo miner to...but it takes too much time to reach my minimum withdawal because my pc is not in high end specs...

solomining has no minimum withdraw .... it's binary, 0 - you don't find a block | 1 - you find a block and get full reward


Title: Re: Anyone solo mining alt coins?
Post by: Vitali.cz on April 13, 2018, 07:25:16 AM
It really depends on your current hashrate. I wouldnt solo mine with only 1 GPU... You really need a farm for it, or as someone said already, the coin is fresh out and the difficulty is really low

why not i do with my one gtx970 i mine pxc and i make more then i could pool mining the most profitable coin at the time

Hi Mat!

Could you please help me with solo?
I did everything you wrote, but receiving "Method hot found".
Trying to solo END coin.

Thank you for your instructions for solo mining!!


Title: Re: Anyone solo mining alt coins?
Post by: funnel on April 13, 2018, 09:47:41 AM
Use nevermore ccminer https://github.com/brian112358/nevermore-miner/releases with options: --no-getwork --no-stratum --coinbase-addr=YOUR_WALLET_ADDRESS


Title: Re: Anyone solo mining alt coins?
Post by: terlesbogli on April 13, 2018, 12:55:54 PM
I don't Mine any coins but looking forward on it . i research about on how to mine altcoins if they profitable last time i joined in some cloud mining then i realized what if i mine altcoins . im focusing here in forum reading about mining strategies.


Title: Re: Anyone solo mining alt coins?
Post by: Basmic on April 13, 2018, 01:24:18 PM
I do not recommend solo mining. It could have worked 6-7 years ago. But now it is not profitable. Powerful pools produced almost all the blocks. You will work in the minus. Can you imagine how many miners there are in the world? They are all against you. You think that you can contrast themselves around the world? Lol.


Title: Re: Anyone solo mining alt coins?
Post by: SpceGhst on April 13, 2018, 02:42:56 PM
I have come to believe that in the long run pool mining and solo mining equal out.  Regardless of your hash rate, if given enough time for even the highest difficulty coins, you will eventually find a block.  And I’d bet the reward for that block will be pretty even to what you would have made pool mining. 

The one thing you can’t account for is the “luck” factor.  If you happen to hit a block while soloing before you should have, you’re ahead of the game.  If it’s taking longer to find a block than the calculators say, then you’d been better off pool mining.  But like I said, it evens out in the long run.

Personally, I’ve found blocks solo mining Musicoin, Akroma and Pegascoin (before the reward was reduced).


Title: Re: Anyone solo mining alt coins?
Post by: Korako on April 13, 2018, 04:59:33 PM
Yep, just starting to do it at scale.

Plus I used to mine Litecoin and Doge back when you could do it on a desktop computer.


Title: Re: Anyone solo mining alt coins?
Post by: stomachgrowls on April 13, 2018, 06:20:19 PM
I do not recommend solo mining. It could have worked 6-7 years ago. But now it is not profitable. Powerful pools produced almost all the blocks. You will work in the minus. Can you imagine how many miners there are in the world? They are all against you. You think that you can contrast themselves around the world? Lol.
If you compare and contrast we would basically see the difference when we are soloing in mining and as being said this would only be worth if we done this thing on previous years but seeing out the market which do have big pools then you will easily see the disadvantage if you tend to go with solo.Profitability thinking isnt suited on solo but when it comes to hobby and just testing it out and explore up mining system then proceed.


Title: Re: Anyone solo mining alt coins?
Post by: Vitali.cz on April 16, 2018, 12:31:26 PM
Use nevermore ccminer https://github.com/brian112358/nevermore-miner/releases with options: --no-getwork --no-stratum --coinbase-addr=YOUR_WALLET_ADDRESS

Thanks, I know about nevermore, but ccminer gives better hashrate. That's why I'm asking mat4202 to help.