Ethereum solo mining

[borgy]

We currently have 170 MH/s at 730W with 6x 570 8GB.

We were calculating the block finding possibility if we try to upgrade and solo mine.

According to our calculations with the current status of the network (total hashrate and daily block times etc.) it becomes much more profitable with solo mining after around 700 MH/s with monthly chance of > 85% for finding a block.

What do you think? If we don't need to be paid out every month, is it worth it to mine solo with 700 MH/s and work for 1 block a month?
This brings in more than pool.

Or do we miss some detail which will cause the calculations to fail.

https://2cryptocalc.com/eth-mining-calculator?hashrate=700



If this seems correct, why would anyone with a high hashrate join a pool? (Apart from going for a steady income)

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[badbart]

We currently have 170 MH/s at 730W with 6x 570 8GB.

We were calculating the block finding possibility if we try to upgrade and solo mine.

According to our calculations with the current status of the network (total hashrate and daily block times etc.) it becomes much more profitable with solo mining after around 700 MH/s with monthly chance of > 85% for finding a block.

What do you think? If we don't need to be paid out every month, is it worth it to mine solo with 700 MH/s and work for 1 block a month?
This brings in more than pool.

Or do we miss some detail which will cause the calculations to fail.

https://2cryptocalc.com/eth-mining-calculator?hashrate=700



If this seems correct, why would anyone with a high hashrate join a pool? (Apart from going for a steady income)

No way, you might go months without finding a block.  I have 4.9gh/s and wouldn't think about solo mining eth.  To solo mine I would need to find a least 3 blocks a day.  Why solo mine when over a long enough periods its equal to pool mining. 

[Sy]

can any one tell me how to mine ethereum solo with GPU ? AMD GPU


what to download and how to configure it

I tried solo mining once and, trust me it was not profitable at all unless you have a huge mining rig. Even if you get lucky to find a block, most of the gains will be eaten up by electricity + maintenance bill.