Mining Bitcoin solo

[zen2]

Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then
to start solo mining for example with 25 TH/s and catch block with little luck??

Thank you in advance for your time.

[1715033066]

1715033066

[RoadStress]

Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then
to start solo mining for example with 25 TH/s and catch block with little luck??

Thank you in advance for your time.

It is possible to find a block even with 1GH/s, but highly unlikely. Without any difficulty increase it will take an average of ~80 days to find a block with 25TH/s, but you might be lucky to find 2+ blocks in those 80 days or you can find a block in 1 year.

[transient858]

Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then
to start solo mining for example with 25 TH/s and catch block with little luck??

Thank you in advance for your time.

What is your goal with solo mining? If you are trying to profit from mining, look else where.

[os2sam]

Hi i see the network of bitcoin have not many miners like i thought

How have you come to this conclusion?

[bitkings]

Definitely, you can, even for as less as 100GH/S, you can always do solo-mining, but you just have to download all the blockchain data which is like 20Gb....

[goozman96]

Definitely, you can, even for as less as 100GH/S, you can always do solo-mining, but you just have to download all the blockchain data which is like 20Gb....

You can do solo mining via offered services too, such as http://solo.ckpool.org/

[Rabinovitch]

What is your goal with solo mining? If you are trying to profit from mining, look else where.

Yep, with 25 Th it's better mine at pool - same profit for several monthes (3-4) as if he catch a block...

[timk225]

At 40 BILLION difficulty, solo mining bitcoin is like climbing up the side of a mountain by yourself with a hammer and chisel and starting to create the next Mount Rushmore.

That odd analogy just came to me, so I had to type it.

So in other words, don't bother solo mining.  No profit.  And if there's no profit, it ain't worth doing.

[goozman96]

At 40 BILLION difficulty, solo mining bitcoin is like climbing up the side of a mountain by yourself with a hammer and chisel and starting to create the next Mount Rushmore.

That odd analogy just came to me, so I had to type it.

So in other words, don't bother solo mining.  No profit.  And if there's no profit, it ain't worth doing.

Nice analogy. But there's still always the possibility of finding a block. Winning the lottery isn't probable, but millions still play it.

[Ruthful]

At 40 BILLION difficulty, solo mining bitcoin is like climbing up the side of a mountain by yourself with a hammer and chisel and starting to create the next Mount Rushmore.

That odd analogy just came to me, so I had to type it.

So in other words, don't bother solo mining.  No profit.  And if there's no profit, it ain't worth doing.

Nice analogy. But there's still always the possibility of finding a block. Winning the lottery isn't probable, but millions still play it.

Finding a block will net around 9.5K(USD) worth of bitcoin at current price.
I'm not familiar witrh the lottery system you guys have there so I can't really say  how much a lottery win stacks to this in terms of cost(lottery ticket vs mining rig purchase and maintenance) and winning odds.

[OverHash]

At 40 BILLION difficulty, solo mining bitcoin is like climbing up the side of a mountain by yourself with a hammer and chisel and starting to create the next Mount Rushmore.

That odd analogy just came to me, so I had to type it.

So in other words, don't bother solo mining.  No profit.  And if there's no profit, it ain't worth doing.

Nice analogy. But there's still always the possibility of finding a block. Winning the lottery isn't probable, but millions still play it.

Finding a block will net around 9.5K(USD) worth of bitcoin at current price.
I'm not familiar witrh the lottery system you guys have there so I can't really say  how much a lottery win stacks to this in terms of cost(lottery ticket vs mining rig purchase and maintenance) and winning odds.

Essentially solo mining is a game of odds, you could find a block in 10 seconds or it could take you 1 year (highly exaggerated) where as pooled mining payouts are more regular (although chance still plays a part).

[avw1982]

Its possible but the chance isn't that big you found a block.

[allcoinminer]

Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then
to start solo mining for example with 25 TH/s and catch block with little luck??

Thank you in advance for your time.

A straight answer to your question is no your effort is not value for the time spent to find the block.
Your 25TH is a little more, but that's not enough to think to do solo mining.
If you only want to consider it as a lottery then try it, but power consumption will be a major issue.
Consider pool mining with your 25TH if you get more than what you spend on electricity charge.

[Klubknuckle]

Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then
to start solo mining for example with 25 TH/s and catch block with little luck??

Thank you in advance for your time.

I actually prefer not to solo mining as its consider gambling. And I prefer primedice for that..

[thompete]

Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then
to start solo mining for example with 25 TH/s and catch block with little luck??

Thank you in advance for your time.

I actually prefer not to solo mining as its consider gambling. And I prefer primedice for that..

Well not everyone considers mining as gambling
You can definitely catch a block solo mining at 25th/s. But there is always a factor of luck with it .

[Afrilyana]

Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then
to start solo mining for example with 25 TH/s and catch block with little luck??

Thank you in advance for your time.

that's impossible things

[picolo]

At 40 BILLION difficulty, solo mining bitcoin is like climbing up the side of a mountain by yourself with a hammer and chisel and starting to create the next Mount Rushmore.

That odd analogy just came to me, so I had to type it.

So in other words, don't bother solo mining.  No profit.  And if there's no profit, it ain't worth doing.

Nice analogy. But there's still always the possibility of finding a block. Winning the lottery isn't probable, but millions still play it.

Solo mining will only make you save the third party risk and fee of the pool so it's barely adding variance to your result and huge variance since you could easily mine 6months and not find a block or get a lower than expected result for years.

[cyberpinoy]

Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then
to start solo mining for example with 25 TH/s and catch block with little luck??

Thank you in advance for your time.

Yes it is possible with a little luck, with 25Thash of power you should reasonably be able to produce roughly 500 million shares or more a day. so feasably with some luck you could certainly hit a block.

Proof for you "You can never solo mine its not worth it you will NEVER solve a block" Junkies. Here is how many shares it took for the last few block on the Bitcoin Affiiate Network Mining pool (The best mining pool in the world) i mine in who has had some pretty good luck past couple days.

332726     1,109,971,162   <-------- 1 Billion only
332719   67,048,976,224   
332598   36,691,044,876   
332497       342,491,990   <-------- 342 Million only
332496   27,023,335,912

So to honestly and unbiasedly answer your question YES with a little luck and 25 THS you Could, COULD, POSSIBLY solve a block.

You could also mine for 3 or more months and not solve anything

[picolo]

Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then
to start solo mining for example with 25 TH/s and catch block with little luck??

Thank you in advance for your time.

Yes it is possible with a little luck, with 25Thash of power you should reasonably be able to produce roughly 500 million shares or more a day. so feasably with some luck you could certainly hit a block.

Proof for you "You can never solo mine its not worth it you will NEVER solve a block" Junkies. Here is how many shares it took for the last few block on the Bitcoin Affiiate Network Mining pool (The best mining pool in the world) i mine in who has had some pretty good luck past couple days.

332726     1,109,971,162   <-------- 1 Billion only
332719   67,048,976,224   
332598   36,691,044,876   
332497       342,491,990   <-------- 342 Million only
332496   27,023,335,912

So to honestly and unbiasedly answer your question YES with a little luck and 25 THS you Could, COULD, POSSIBLY solve a block.

You could also mine for 3 or more months and not solve anything

This is called Gambling.

If you mine in a pool you will lose 1% of the expected revenue but you will destroy variance.

[avw1982]

Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then
to start solo mining for example with 25 TH/s and catch block with little luck??

Thank you in advance for your time.

Yes it is possible with a little luck, with 25Thash of power you should reasonably be able to produce roughly 500 million shares or more a day. so feasably with some luck you could certainly hit a block.

Proof for you "You can never solo mine its not worth it you will NEVER solve a block" Junkies. Here is how many shares it took for the last few block on the Bitcoin Affiiate Network Mining pool (The best mining pool in the world) i mine in who has had some pretty good luck past couple days.

332726     1,109,971,162   <-------- 1 Billion only
332719   67,048,976,224   
332598   36,691,044,876   
332497       342,491,990   <-------- 342 Million only
332496   27,023,335,912

So to honestly and unbiasedly answer your question YES with a little luck and 25 THS you Could, COULD, POSSIBLY solve a block.

You could also mine for 3 or more months and not solve anything

So better don't try it