solo mining

[Sniperdude]

ok well im sure this is covered somewhere but im to drunk to look.

I have bfgminer and I mine at 1500 Mh/s. Im looking at some alt coins here and there.


Im wondering how do I set myself up to solo mine. If someone could point me in the right direction I would appreciate it.



thanks

[Kail]

Yo dude,

GUIminer has the option to solo mine and it has a script to do so easily :-) hope it helps. Otherwise get reading buddy cause ya have to make some config files and what not.

[Sniperdude]

Yo dude,

GUIminer has the option to solo mine and it has a script to do so easily :-) hope it helps. Otherwise get reading buddy cause ya have to make some config files and what not.

Will that work for any coin? or does that only work for BTC? I would never find a BTC block solo lol

[Kail]

Only for btc dude.

You will need to make a config file for the altcoin wallet you want to mine to and dump it in its program files store.

Needs to be along the line of altcoin.conf:

server=1
rpcuser=user
Rpcpassword=password
Rcpport=1234 (specify a port)
Allowip=ipofminer

Then start your wallet and point ur miner to the wallet machines ip (I.e. 127.0.0.1 if on same machine), just enter the rpc details where you would usually put the pool details.

Sorry, on mobile so it's hard to write a full instruct-able.

[Ymal54]

http://weknowmemes.com/wp-content/uploads/2012/03/its-dangerous-to-go-solo.jpg

[Trokhon]

Its much better you mine in a pool. This garantees stable income and pays for your effort

[Itun]

Mine on a pool.

Testing your luck might not be a good idea.

[Zaitence]

ok well im sure this is covered somewhere but im to drunk to look.

I have bfgminer and I mine at 1500 Mh/s. Im looking at some alt coins here and there.


Im wondering how do I set myself up to solo mine. If someone could point me in the right direction I would appreciate it.



thanks

Go join a pool, the return will be much much more stable.

[CounterStrike]

ok well im sure this is covered somewhere but im to drunk to look.

I have bfgminer and I mine at 1500 Mh/s. Im looking at some alt coins here and there.


Im wondering how do I set myself up to solo mine. If someone could point me in the right direction I would appreciate it.



thanks

Good luck, its better then gambling...

[zubelutte]

Test it first on some new coin with small difficulty, so you know you doing it right

[Kail]

Test it first on some new coin with small difficulty, so you know you doing it right

Or put bitcoin on testnet.

[cryptocap]

If you do it right, the bottom line is this:
Public pool = guaranteed small amount of btc consistently
Solo pool = potential to mine one block of 25 btc

Notice I said potential, but if you do mine the block, that's quite the gain, even if it takes weeks.

[Sniperdude]

ok well im sure this is covered somewhere but im to drunk to look.

I have bfgminer and I mine at 1500 Mh/s. Im looking at some alt coins here and there.


Im wondering how do I set myself up to solo mine. If someone could point me in the right direction I would appreciate it.



thanks

Go join a pool, the return will be much much more stable.

I wanted to try it on firefly coins, the diff drops as low as double digits. Im sure I can handle that


and thanks guys ill try to set it up tonight after I watch football

[WillyPhilly100]

Solo mining isn't very effective

[BTC_GHD]

I would use a pool if I were you

[Sniperdude]

trust me, I do use a pool


I just wanted to try it out on a very easy coin that has a diff that goes no higher than 3000.

[finalovano]

Mine on a pool.

If solo mine, if your block is orphaned, then the time spent would be waste.

Contribute to a mine and gain lot.

Use coinmarketcap.com to see some promising coins of your interest other than bitcoin

[musicchimp]

I've had a few myself, i'm sorry i can't help you.

[trehoise]

Only for btc dude.

You will need to make a config file for the altcoin wallet you want to mine to and dump it in its program files store.

Needs to be along the line of altcoin.conf:

server=1
rpcuser=user
Rpcpassword=password
Rcpport=1234 (specify a port)
Allowip=ipofminer

Then start your wallet and point ur miner to the wallet machines ip (I.e. 127.0.0.1 if on same machine), just enter the rpc details where you would usually put the pool details.

Sorry, on mobile so it's hard to write a full instruct-able.

This is pretty much it, and starting the <wallet>-qt with --server (maybe server=1 makes that not necessary, not 100% sure).  Then point your miners to your own IP + the rcp port you set. 

I'm torn, I've been trying solo mining on a few alt coins that don't take that long.  I'd LIKE to think that by not sharing, you come out ahead.  But really only if you actually complete all the blocks everytime, otherwise you see nothing back for your time.

[bumpk1nK]

I tried solomining for about a week, but it is depressing to wait for a block. Needless to say I found nothing. I estimated I could find a block once per year 
But it was GPU mining Bitcoin half year ago