Solo Mining vs Pool Mining


#101

I’ve abandoned this experiment, I am back on litecoinpool.org.

Many of us using this setup have found blocks. Unfortunately, it’s very difficult to maintain and does not seem reliable at scale (e.g. 100 or more L3+ units).

I will be revisiting solo mining using this software in the future: Miningcore


#102

nehgekim, this is one of the best posts I’ve found on the topic of solo vs. pool mining. You should put up a donation address so people who find this in the future can thank you for spending almost 3 months of your time not earning income from a pool just to explore the idea and write about it.


#103

Good idea.

Donation address: LaY9tLS9DmbW5FXpnXYCSjVL3hTB7xyLsQ :pray:


#104

How long did it took to find the LTC block(s)? Can one calculate this on given constant hashrate and if yes how to?


#105

I varied. You can use the litecoinpool.org/calc to estimate time to block. Expect there to be 2-5x variance meaning the time it takes you to find a block is likely to vary by 2 to 5 times whatever that calculator says (also goes both ways so it could take 1/2 to 1/5 as much time too).


#106

It depends, you can use litecoinpool.org/calc to get an estimate but you should expect the observed estimated time to block to be 2 - 5 times higher (or lower) since it’s stochastics.

Also noticed I messed up my donation address here when I posted it :confused:

Shamelessly posting it again :pray: LaY9tLS9DmbW5FXpnXYCSjVL3hTB7xyLsQ


#107

Litecoin mining still profitable ?


#108

It depends on many factors, I don’t recommend solo mining though.


#109

Меня тоже интересует соло майнинг разных новых монет. Самое печальное, современные майнеры (софт) не поддерживают GBT, только стратум. Так что либо соло на старых монетах, либо свой стратум пул. Меня интересует больше zcoin(lyra2z), xvg (lyra2r2, blake2s).