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Author Topic: Need help with solomining.  (Read 1418 times)
frostsoar1
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June 24, 2011, 04:26:49 PM
 #1

I have couple questions about solo mining,
Is there a full guide how to setup solomining?
Whats the profit from there? 50BTC if you solve a block and if you dont, 0?

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1480810037
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grue
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June 24, 2011, 04:29:04 PM
 #2

I have couple questions about solo mining,
Is there a full guide how to setup solomining?
yes, search for it
Whats the profit from there? 50BTC if you solve a block and if you dont, 0?
correct. use http://www.alloscomp.com/bitcoin/old_calculator.php to calculate your odds.

It is pitch black. You are likely to be eaten by a grue.

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Cory
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June 24, 2011, 04:34:09 PM
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We generally advise against solo mining if you have less than ~10GHash/s (Over $3000 worth of equipment). Unless you have those kind of resources at your disposal, you should definitely consider joining a pool. You could use a simple program like GUIMiner to mine by yourself or in a pool.

Gabi
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June 24, 2011, 04:38:43 PM
 #4

I strongly suggest you to join a pool
Manko
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June 24, 2011, 06:42:24 PM
 #5

BTC (Bitcoin) mining, join a pool. Nevermind probability, lady luck with ensure you go nuts trying to find a block with anything short of a serious farm. I think someone said 10Ghash/s... well, lol, is all I can say

NMC (Namecoin) mining, join a pool for now, but come the next difficulty adjustment your soloing will pay off well.
Actually, don't bother with NMC mining. Price is dropping, and BTC mining is still more profitable.... just

http://dot-bit.org/forum/index.php?sid=3d0b7f46b241fe8ec6cf20741dfe7634
You'll find info on how to solo mine in there. I got in on The Great NMC Run... my own name for it.... infact I was there a week before the rush.... and done very well, thank you Smiley

NMC Exchange: https://exchange.bitparking.com/main

NMC n BTC Difficulty
http://dot-bit.org/tools/nextDifficulty.php

Keep an eye on that to see which might be best to mine, BTC or NMC

I think that's enough posting for me... time to chill with a beer and a *ahem* while I watch some telly Smiley
frostsoar1
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June 24, 2011, 07:09:30 PM
 #6

So my 1gh/s wont be enough =/.
Ok, thankyou Smiley
One more question, is a bigger pool better or a smaller one?
Because atm I'm mining from Deepbit.

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