SEEKING ANSWERS TO ? OF: SOLO MINER POTENTIAL REALISTICALLY?? 2022-23

[Mr INTEGRITY]

Dear  Senior/knowledgeable/very experienced  miners,  could  I  gain  your  thoughts  please...

Please  kindly  bestow  any  information  you  would  you  kindly  help  in  as  much  depth  as
possible  with  this  question  as  I  require  more  than  just  yes/no  :

Is  it  really  worth  it  as  an  individual  these days  given  all  the  mining  farms  and  their
power,  to  achieve  solo  results?  it's  just  I'm
genuinely  curious  about  the  realistic  potential  of  the  individual  miner  gaining  positively?
thoughts please?

Many  thanks  in  advance.

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[philipma1957]

Dear  Senior/knowledgeable/very experienced  miners,  could  I  gain  your  thoughts  please...

Please  kindly  bestow  any  information  you  would  you  kindly  help  in  as  much  depth  as
possible  with  this  question  as  I  require  more  than  just  yes/no  :

Is  it  really  worth  it  as  an  individual  these days  given  all  the  mining  farms  and  their
power,  to  achieve  solo  results?  it's  just  I'm
genuinely  curious  about  the  realistic  potential  of  the  individual  miner  gaining  positively?
thoughts please?

Many  thanks  in  advance.

Maybe
Maybe not.


First off what is your power cost?

If 6 cents a kwatt you can split mine.

Ie point most of you hashrate to a pool like viabtc.com
point a small fraction to cksolo.org


if you earn 1 dollar a day at viabtc,com

that dollar can cover the loss at the solo pool.


It is not easy to make a profit mining any btc at this moment.

a higher very loud s19 pro cost 2000 usd or more it burns 75 kwatts a day. at 6 cents a kwatt that is $4.50 cost it will earn  6 dollars a day at viabtc.com $1.50 daily profit if you have six cent power.

point a cheap low power miner to solo.ckpool.org

the Apollo https://bitcointalk.org/index.php?topic=5340015.0

or use a modded s9 with 1 hash board. use braiins software. it will burn 10 kwatts a day or 60 cents.

so 1.50-.60 = 90 cent daily profit and a shot to hit a block on the solo pool.

you need 6 cent a kwatt power cost.

you need 240 volt power.

you spend about 2000 s19 pro
you spend about  100 s9
cost 2100

about 2200 days later (7 years) you could break even.

of course if the modded s9 hits a block you will profit.


Most people do not have 6 cent a kwatt power. 10-22 cent is more common.

In the usa most do not have 240 volt power.

[mikeywith]

This is like going to a coffee shop forum and asking if their business is making them any money, if everyone was honest enough you would hear all kinds of answers, one will say they got rich in 2 years, someone else will tell you they have been making coffee for 5 years and have yet to ROI their espresso machine, another one will tell you his story of losing his house for the loan he took to open his business, all of them could be valid answers.

The same thing applies to mining, there are many different factors involved, your power rate, capital, is it a loan or your own money? capacity? the distance between your house and the nearest neighbor, do you come from a country that's friendly to Russia and enjoys cheap gas and oil or are your country's gas reserves running out and they are going to double up on the power prices? you might think I am joking, but I am dead serious, all the factors mentioned above are critical in determining a successful mining business vs a dead one.

I can't possibly list all the things you need to consider, but if you provide as much information as you can, the answers you get will be more likely to be accurate.

[Ben Barubal]

Dear  Senior/knowledgeable/very experienced  miners,  could  I  gain  your  thoughts  please...

Please  kindly  bestow  any  information  you  would  you  kindly  help  in  as  much  depth  as
possible  with  this  question  as  I  require  more  than  just  yes/no  :

Is  it  really  worth  it  as  an  individual  these days  given  all  the  mining  farms  and  their
power,  to  achieve  solo  results?  it's  just  I'm
genuinely  curious  about  the  realistic  potential  of  the  individual  miner  gaining  positively?
thoughts please?

Many  thanks  in  advance.

    Do you have an idea about solo mining? it is important that you know this matter. Because Solo mining if you're at the pool you're getting rewards of course based on your hash rate shares sent to the pool every time the pool finds a bluff you're solo mining you're not getting any rewards at all until you single-handedly that block and at that point, you do get the full block reward all bonus rewards.

It's like a lottery ticket or it's like a gamble as well. And what I can suggest here is solo mining on Ethereum.

[2double0]

Solo mining these days need hard luck on your end to be able to find a block because you will need a lot of capital to either set up your own pool with a huge mining setup or go with the flow and give highest hashrate to a pool which is already finding too many blocks. The second one is worth going for because pools are giants, so fighting against a giant whale and trying to win as a small fish will only keep you defeated for long because even if you go for chances, there comes the luck factor that even if it shows that you will get a block mined in a year or so, it will be based on the luck of your mining equipment.

[JustEmilyR]

Dear  Senior/knowledgeable/very experienced  miners,  could  I  gain  your  thoughts  please...

Please  kindly  bestow  any  information  you  would  you  kindly  help  in  as  much  depth  as
possible  with  this  question  as  I  require  more  than  just  yes/no  :

Is  it  really  worth  it  as  an  individual  these days  given  all  the  mining  farms  and  their
power,  to  achieve  solo  results?  it's  just  I'm
genuinely  curious  about  the  realistic  potential  of  the  individual  miner  gaining  positively?
thoughts please?

Many  thanks  in  advance.

Hello friend, I have a BTC mining machine but currently it has not been giving me the profits it was giving me a while ago, even taking into account that my electricity cost is low.

It is not easy to make profit mining any btc at the moment of that I am sure.

It will all depend on the cost per watts you have in your country and there you make an evaluation. Don't think the profits will be immediate.

Don't invest too much money in a machine for now, try to buy an economical one and be patient.