Is solo mining with a decent rig worth it?

[wnet]

Hello all,

I remember mining Bitcoin in 2018-2019 and making decent profit but nowadays its pretty hard to make good profit with a normal computer. I've been thinking about buying ASIC miners and trying to solo mine but I have no idea how to solo mine or if it's worth it to try. Are there any good guides on solo mining?

also if you guys could suggest me a good ASIC miner, I'd appreciate it

[nullama]

It really depends on what you're after, and what kind of budget you have.

The first thing to establish is if you want to have maximum performance and you don't care about noise, heat, energy consumption, etc. If that's the case, then just grab a few Bitmain Antminer S19 Pro+ Hyd which will give you 198Th each at 5445W and 50db. There are other good ones as well if you can't find that one, here's a good list: https://www.asicminervalue.com

On the other hand, if you want to mine at home with a quiet machine, then grab one or more Apollo BTCs and/or Compac Fs. Those are currently the best silent miners for home. Each Apollo can generate between 2-3TH/s+ depending on the amount of heat/noise/power you want. Each Compac F can run at about 300GH/s and are basically as quiet as you can manage to get a fan to run as they come without a fan although they need one.

That's the hardware part done, now for the pool, there are a few out there, but the simplest one to run is ckpool solo as you just need to point the miner to the pool, no need to register or anything: https://solo.ckpool.org

[wnet]

snip

Thank you for the information. I'm just curious, if I would be to do an experiment with, let's say, 10 ASIC usb stick miners, how much BTC would I make in one day on  a normal pool (not solo)?

[philipma1957]

snip

Thank you for the information. I'm just curious, if I would be to do an experiment with, let's say, 10 ASIC usb stick miners, how much BTC would I make in one day on  a normal pool (not solo)?

you do not want the stick miners. 10 x 300gh = 3th that is about 33 cents a day

if you want small you can buy a 1 board s9 clock it low and get 3th the same 33 cents.

but the cost to buy 10 stick miners is in the 1000's

and the cost to buy an s9 is in the 100's


if you want small you can do the Apollo there is a thread on it here maybe it is 400 or 500 for a full kit.

I would buy the Apollo or a 1 board s9 over 10 usb sticks

all off the top of my head. but close enough to understand the math favors the usb sticks the least.

[nullama]

snip

Thank you for the information. I'm just curious, if I would be to do an experiment with, let's say, 10 ASIC usb stick miners, how much BTC would I make in one day on  a normal pool (not solo)?

you do not want the stick miners. 10 x 300gh = 3th that is about 33 cents a day

if you want small you can buy a 1 board s9 clock it low and get 3th the same 33 cents.

but the cost to buy 10 stick miners is in the 1000's

and the cost to buy an s9 is in the 100's


if you want small you can do the Apollo there is a thread on it here maybe it is 400 or 500 for a full kit.

I would buy the Apollo or a 1 board s9 over 10 usb sticks

all off the top of my head. but close enough to understand the math favors the usb sticks the least.

Yeah, spot on.

I'll add that the Compac F does run more a bit more efficiently than the Apollo. Each USB miner mines 300GH/s at 15W, whereas the Apollo gets about 2.1TH/s at 120W (extremely quiet and efficient mode). Based on those numbers, the 7 USB miners required to match the Apollo hashrate consume 105W.

But the price difference is huge, 7 USB Miners would cost you $1,629.98 [1, 2], whereas one Apollo BTC with power supply is sold for $574.99 [3]

Also, something important specially for a newbie, the Apollo is ready to go in one single unit, and you can easily attach more if you want to. You just connect it to your computer, power it and you're ready to mine. The Compac Fs are great, but you need to tinker a bit more with them, get proper USB hubs that give you at least 2.4A per port, get proper fans and make sure they're running, tweak parameters for each stick, etc. Also for 7 sticks you'll probably need 2 USB hubs, so that's two power connections instead of one for the Apollo, etc. It's just more difficult to scale with the sticks.

[1]: https://bitcoinmerch.com/products/4-x-gekkoscience-compac-f-with-fan-upgrade-bitcoin-merch%C2%AE-10-port-usb-hub-combo-up-to-1-4-th-s
[2]: https://bitcoinmerch.com/products/3-x-gekkoscience-compac-f-with-fan-upgrade-bitcoin-merch%C2%AE-7-port-usb-hub-combo-up-to-1-05th-s
[3]: https://shop.futurebit.io/products/pre-order-apollo-btc-a-bitcoin-asic-miner-and-desktop-class-computer-running-a-full-node-and-much-more-batch-1-ships-in-late-april-to-may?variant=33404745351267

[philipma1957]

I have done the sticks
I have done s9's


I have done the Apollo >>>> I still have the Apollo and it almost has paid itself off.

[NotATether]

Also, something important specially for a newbie, the Apollo is ready to go in one single unit, and you can easily attach more if you want to. You just connect it to your computer, power it and you're ready to mine. The Compac Fs are great, but you need to tinker a bit more with them, get proper USB hubs that give you at least 2.4A per port, get proper fans and make sure they're running, tweak parameters for each stick, etc. Also for 7 sticks you'll probably need 2 USB hubs, so that's two power connections instead of one for the Apollo, etc. It's just more difficult to scale with the sticks.

Factor in the costs of the USB hubs and fans and you're looking at an extra Compac F in price to pay for.

Also, that's a lot of daisy chaining to do on a computer. Don't you think that would mess with kernel drivers a little and maybe cause a panic [Of course, never try this on Windows, as the OS will go up in flames before such a configuration is deployed at full speed].

[kano]

...
Also, that's a lot of daisy chaining to do on a computer. Don't you think that would mess with kernel drivers a little and maybe cause a panic
...

Nope.

The USB Ferrari miners are too expensive from anyone at the moment coz people are willing to pay way too much for them since they are hard to get.
That's the actual cause.

[T0asti]

I have done the sticks
I have done s9's


I have done the Apollo >>>> I still have the Apollo and it almost has paid itself off.

Since when is your Apollo miner running?