1)
How do I set up the Antminer (worker) if I want to solo mine LTC? (I have only found videos where they input the Pool worker under "General Settings")
Albortz, before we jump into answering 2-4 can we clarify why you want to 'solo mine' LTC? Solo mining is very rare today and can lead to long periods with no rewards. If you simply want to mine a single coin like LTC, NVC or Bela, the easiest way is to find a coin specific pool and simply point your miner at the pool following the pools setup instructions.
I suggest you read this:
https://www.litecoinpool.org/beginners-guide and then think about these questions
a) Do you want to get the maximum profit per day from your miner? At 27c per Kwh, I suggest you consider this.
b) Do you simply want to accumulate LTC, NVC or Bela?
c) You are mostly interested in securing the LTC, NVC or Bela networks?
If you answered yes to a. and .b then I suggest you mine on Prohashing and get your daily profits paid out in any % of LTC, NVC and Bellacoin you choose. You can choose any number of coins and any % from over 200 coins to be paid out in and you will earn far more than mining any single coin.
If you answered b and c. then you just need to mine one of the coin specific pools and get paid out directly.
In terms of setup and managing an L3+ you'll find an excellent L3 tutorial here on the left:
https://www.eastshore.xyz/tour/Thank you for your fast reply
I was using different calculators online and they all told me i could make a tiny profit (atm with the momentary difficulty).
The goal is to diversify my capital a bit. If I buy LTC today I would receive around 153 LTC. If I mine more than that and cover the running costs (assuming price is stable and nothing breaks down) I would be better off. And I don't have to risk loosing my money in case of a exchange rate drop. Beside that obvious idea, I like the idea of supporting and having this little adventure lol
I assumed the Est. Rewards would be based on my Hashing power of 504MH/s and the total Hashing Power of the network. I thought that this is the ave. payout of coins I could expect solo mining.
I know that its impossible to mine SHA-256 solo and I expected the same from LTC (due to the market cap) but i hoped, NVC and Bela would be less crowded and I might be able to achieve my Est. Rewards solo mining.
For Bela I found the mining pools listed on the .org site, but they have almost no Hash Power at all. 3 x L3+ would have more than the complete pool in most cases.
I will check out pro hashing in case I want to have payouts in multiple coins and collect a little stock to diversify
I hope that all made sense and if i am way off, please tell me. It seems LTC solo mining is stupid, but what about other less valuable coins. Like Bela or NVC i.ex.?
Also if you are at 29cents/kWh. Please buy Baikal miners. They are selling out very fast. But they draw very lil electricity and you can probably make money even on 1$+ electricity price. Scrypt(L3) algo coins can go down again like few months ago and you will be barely making money especially with big ammount on new machine influx.
I checked them out, beside the fact, that they are all sold out, they seem to be super expensive compared to the Antminer. And using the online calculation I get either just 1$ profit a day or in most cases even a loss.
But I will take a look around when new machines come on the market. I am really happy I found this forum
