Ethereum solo mining reddit

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May 28, 2018

For example, if you're hashing at 50 Mh/s, you'll be almost guaranteed to find 1 eth / day, so the stretch isn't bad at all. Solo mining is a lottery unless you have a few dozen GPUs. Explanation. Target block time in Monero is 2 minutes, based on that and your share in the network hashrate you can calculate how frequently you will find blocks. Let H be the network hashrate, and h be your own hashrate.

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Solo mining using same computer where the wallet runs 2. Solo mining using mining rig where you don’t have your wallet setup. Jan 05, 2021 · Due to these and some other reasons, people often want to know how to mine Ethereum on Windows 10 or about the best Ethereum miner for Windows 10. Mining Ethereum - Hardware. If you want to mine Ethereum on Windows 10, you’ll have a couple of choices when it comes to hardware. GPUs You can find all Ethereum mining settings in help page.

If you're mining solo you won't see anything in the status until you find a block or uncle. There are no "shares" when you mine solo. You either find the block or you don't. At your hash rate it will take you a bit more than a day, ON AVERAGE, to find a block, but it could easily be a number of days before you find one, or an uncle.

Ethereum solo mining reddit

Whenever I try to start mining on phoenixminer, it connects and then says it’s disconnected by the pool. With solo mining, you are only rewarded for blocks that you solve, so you may go a day or three (or more) without solving a single block, but be rewarded with 3 ETH once you solve it (if you solve it). But while mining with a pool, you are rewarded for blocks that you contribute to solving, even if you don't solve it yourself. short answer too, that will take the exact opposite stance as @nicolas-massart ;) in the long run you'll be always better off mining solo, ever because you get uncles and pay no fees pool mining reduces your variance, period.

Quick Guide on Solo GPU Mining Ethereum on Windows 14 Aug 2015. AS requested here comes a simple guide on how to solo mine Ethereum Ether coins on a local system or within a network with multiple mining rigs. Note that at this point it is already pointless to try local solo mining with CPU only, and if you do not have enough GPU power available

Ethereum solo mining reddit

But while mining with a pool, you are rewarded for blocks that you contribute to solving, even if you don't solve it yourself. short answer too, that will take the exact opposite stance as @nicolas-massart ;) in the long run you'll be always better off mining solo, ever because you get uncles and pay no fees pool mining reduces your variance, period. this reddit post is quite interesting, it's basically @vitalik-buterin asking as to why people mine in pools. Which means, another up tp 7/8 of the 3 Ether from the block – on top. So many Ether… After all, we want to point out that Ether solo Mining requires a lot of luck.

I'm new to Ethereum and mining. I would like to start mining for Ether Oct 17, 2020 Mining Resources. Below is a non-exhaustive collection of mining resources developed for Ethereum Classic. If you have questions, there is an active Mining channel in the Ethereum Classic Discord.Here is a plentiful Video BIOS Collection by TechPowerUp. I use it to point to DwarfPool as my 6 GPUS would not mine anything on their own solo.

Ethereum solo mining reddit

Here is a plentiful Video BIOS Collection by TechPowerUp. Oct 21, 2020 · Four years ago, Ethereum CPU mining was rather popular. Today, this method isn’t profitable due to the high complexity of the calculations. For a long time, Ethereum mining was the prerogative of GPU rig owners. But in 2018 Chinese engineers created ASICs for mining ETH. However, Ethereum mining with graphics cards is still relevant. Of The best hardware is a Gaming PC equipped with one or more high-end video cards.

Back. Patch de Leon. 03/10/2021. 8 min read Hashing @ 220MH/s mining Ethereum 1 / 2 My first ether mining rig :) have a mix of different GPUs (rx 580, rx 570, 1080ti and 2080 Super) hashing @ around 220MH/s peak on HiveOS. There are talks in the YouTube mining community of a demonstration to show the eth devs that the miners are the more important to the success of Ethereum than they acknowledge.

Solo mining may give you larger rewards if you mine a block, but the chances of actually mining a block alone are slim to none. Profitable Ethereum solo mining pool. Stable payments. Low pool fee. Best mining pool 2021.

There are two main ways to mine ethereum – solo mining or pool mining. Pool Mining (working together) Work with others to mine and share rewards; Get paid per share, on a hourly or daily basis; Less random / dependent on luck; Pools take some fees (0.5-3% depending on pool) Solo Mining Sep 24, 2020 · You can view a list of active Ethereum mining pools on MiningPoolStats, and each mining pool has detailed mining guides for mining on the pool. In general, it’s good to choose a pool that has a reasonable share of network hashrate (e.g. greater than 10%) to ensure regular payouts, has a good reputation, and charges reasonable pool fees. Jan 14, 2021 · Here’s the mining pool distribution on the Ethereum network: When mining with a pool, your chances of getting a steady stream of income rise dramatically, as opposed to solo mining. Solo mining may give you larger rewards if you mine a block, but the chances of actually mining a block alone are slim to none. Jul 08, 2018 · The purpose of this post is to explain about Solo Mining.

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Accurate Ethereum mining calculator trusted by millions of cryptocurrency miners. Updated in 2021, the newest version of the Ethereum mining calculator makes it simple and easy to quickly calculate mining profitability for your Ethereum mining hardware.

Geth just says Commit new mining work. Haven't seen … Hi!Im currently solo mining Ethereum Classic with 60 mhs.Do you tgink i will hit a block soon?I got about 45 % on my miner page. 30 Dec 2020 There are two main ways to mine ethereum – solo mining or pool mining.

Any luck solo mining bitcoins reddit next ethereum. How to solo mine any Altcoin – Solo mining new and low difficulty coins. Is it still mining? October 4, Autoplay 

Small, Merged mining can be done on a "solo mining" basis, PPLNS  Abstract—Ethereum is the largest blockchain platform sup- porting smart get Ether by mining blocks, purchasing from markets, or from [Online]. Available: https://www.reddit.com/r/CryptoKitties/c (2017) Pool vs. solo mining. [O 9 Nov 2019 Once you've decided to become an Ethereum miner and have your meme stock among members of Reddit's WallStreetBets forum, was a  12 Nov 2020 And one of the problems that a novice Ethereum miner faced was the choice of a mining pool. In this article, we will compare the top 10 ETH co-  25 Nov 2020 My Journey to Becoming a Validator on Ethereum 2.0 | Blockchain as we build 2.0 alongside it, but as Vitalik Buterin said in a recent Reddit AMA: Essentially, the Proof of Stake consensus mechanism relies on “miner 17 Jan 2018 This is our first time building an AMD Ryzen platform to mine with and it came out just fine! We tried solo mining for a bit with the Titan V as the  Solo mining and pooled mining.

It helps to monitor a wide range of options, e.g., light client, developer chain, transaction pool, API, networking, gas price oracle, virtual machine, miner, etc. May 28, 2018 · So to solo mine any other Altcoin all you have to do is apply the same procedure.