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Lightning network is good with small amount of BTC
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May 04, 2022, 07:27:38 AM |
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If you want to mine cryptocurrencies like bitcoin, ethereum and many others, you will need to join a mining pool, the reason for joining a mining pool is because you can add up your mining hashrate to the mining pool to be able to solve the mining difficulty and get the mining reward.
If you only want to mine solo, it may not be profitable as the chance to solve the mining difficulty is unlikely but not that it is not possible. In this year alone, there have been some solo miners that mined bitcoin and ethereum, I have known of three bitcoin solo miners that mine a block this year but they have a high hashrate but far low if compared to mining pool and the chance they solve the difficulty and receive the reward is very low and it is like it is not possible because of the low chance but it happened.
I will advice you to join a mining pool but very possible you can solo mine and solve the mining difficulty, just that the chance is more than very low and I will not advise that.
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