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I see that solomining is being popular again due improvements on the machines such as the Bitaxe guys, but im not sure how realistic it is to find any profit. If anyone in a western nation is using those or similar machines, considering the cost of electricity, the cost of maintenance (im not sure how many times you need to switch fans, cables, pcb boards or whatever) and considering that you may need to stack a number of Bitaxe machines to get anywhere, has anyone found anything? And could you explain what models are the best ones to buy for a solo mining adventure? I always wanted to try my luck in the mining world, and I think I could find a way to get some cheap electricity, but I would need to run the numbers and see if it would make sense. okay it is a 1th miner. with zero cost for miner and zero cost for power it earns 4.5 cents a day on a standard pool like viabtc. that is about 16 dollars in a year. since a block is about 280,000 bucks it would take you about 17000 years to hit a block. you could mine bch which is about 1000 dollars so if you point to a bch solo pool it takes about 60 years to hit a block of that. But you can earn small pieces of a block? I don't remember. I mined altcoins like 10 years ago. Now that you mention it, yes I think with pools, you didn't need to fill the entire block and you got a gain? or you were still joining forces but still the block only goes to one party and not split? I don't even know how mining works since after I had some fun mining dogecoins back then I got tired of it, but only recently I saw some interest again due Bitaxe. I need to study this more. If you can get fractions, how much would it take to get like 2k a month in profit?
I see that solomining is being popular again due improvements on the machines such as the Bitaxe guys, but im not sure how realistic it is to find any profit. If anyone in a western nation is using those or similar machines, considering the cost of electricity, the cost of maintenance (im not sure how many times you need to switch fans, cables, pcb boards or whatever) and considering that you may need to stack a number of Bitaxe machines to get anywhere, has anyone found anything? And could you explain what models are the best ones to buy for a solo mining adventure? I always wanted to try my luck in the mining world, and I think I could find a way to get some cheap electricity, but I would need to run the numbers and see if it would make sense. okay it is a 1th miner. with zero cost for miner and zero cost for power it earns 4.5 cents a day on a standard pool like viabtc. that is about 16 dollars in a year. since a block is about 280,000 bucks it would take you about 17000 years to hit a block. you could mine bch which is about 1000 dollars so if you point to a bch solo pool it takes about 60 years to hit a block of that. But you can earn small pieces of a block? I don't remember. I mined altcoins like 10 years ago. Now that you mention it, yes I think with pools, you didn't need to fill the entire block and you got a gain? or you were still joining forces but still the block only goes to one party and not split? I don't even know how mining works since after I had some fun mining dogecoins back then I got tired of it, but only recently I saw some interest again due Bitaxe. I need to study this more. If you can get fractions, how much would it take to get like 2k a month in profit?
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nestlefof
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I see that solomining is being popular again due improvements on the machines such as the Bitaxe guys, but im not sure how realistic it is to find any profit. If anyone in a western nation is using those or similar machines, considering the cost of electricity, the cost of maintenance (im not sure how many times you need to switch fans, cables, pcb boards or whatever) and considering that you may need to stack a number of Bitaxe machines to get anywhere, has anyone found anything? And could you explain what models are the best ones to buy for a solo mining adventure? I always wanted to try my luck in the mining world, and I think I could find a way to get some cheap electricity, but I would need to run the numbers and see if it would make sense. okay it is a 1th miner. with zero cost for miner and zero cost for power it earns 4.5 cents a day on a standard pool like viabtc. that is about 16 dollars in a year. since a block is about 280,000 bucks it would take you about 17000 years to hit a block. you could mine bch which is about 1000 dollars so if you point to a bch solo pool it takes about 60 years to hit a block of that. But you can earn small pieces of a block? I don't remember. I mined altcoins like 10 years ago. Now that you mention it, yes I think with pools, you didn't need to fill the entire block and you got a gain? or you were still joining forces but still the block only goes to one party and not split? I don't even know how mining works since after I had some fun mining dogecoins back then I got tired of it, but only recently I saw some interest again due Bitaxe. I need to study this more. If you can get fractions, how much would it take to get like 2k a month in profit?
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arthuroliveira120612
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I see that solomining is being popular again due improvements on the machines such as the Bitaxe guys, but im not sure how realistic it is to find any profit. If anyone in a western nation is using those or similar machines, considering the cost of electricity, the cost of maintenance (im not sure how many times you need to switch fans, cables, pcb boards or whatever) and considering that you may need to stack a number of Bitaxe machines to get anywhere, has anyone found anything? And could you explain what models are the best ones to buy for a solo mining adventure? I always wanted to try my luck in the mining world, and I think I could find a way to get some cheap electricity, but I would need to run the numbers and see if it would make sense. okay it is a 1th miner. with zero cost for miner and zero cost for power it earns 4.5 cents a day on a standard pool like viabtc. that is about 16 dollars in a year. since a block is about 280,000 bucks it would take you about 17000 years to hit a block. you could mine bch which is about 1000 dollars so if you point to a bch solo pool it takes about 60 years to hit a block of that. But you can earn small pieces of a block? I don't remember. I mined altcoins like 10 years ago. Now that you mention it, yes I think with pools, you didn't need to fill the entire block and you got a gain? or you were still joining forces but still the block only goes to one party and not split? I don't even know how mining works since after I had some fun mining dogecoins back then I got tired of it, but only recently I saw some interest again due Bitaxe. I need to study this more. If you can get fractions, how much would it take to get like 2k a month in profit?
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