Cgminer Solo Mining Bitcoin Core CryptoCoins Info Club
Cgminer Solo Mining Bitcoin Core CryptoCoins Info Club
Solo Mine Bitcoin - Bitcoin-en.com
Is this set up properly for solo mining? : BitcoinMining
Bitcoins Mining - so geht's - CHIP
What is Solo Mining & How it Works for the miners in the ...
solo mine with bitcoin abc and bfgminer
Just for the fun of it..... bitcoin-qt.exe -server=1 -rpcuser=michael -rpcpassword=pass -rpcthreads=4 -rpcallowip=192.168.1.8 -rpcport=8332 -rpcbind=192.168.1.8 bfgminer -o http://192.168.1.8:8332 -u michael -p pass --no-stratum -S opencl:auto --verbose --coinbase-addr 18SHLhskjwg7Sq7c45De8XS6mjke4f3nTb --coinbase-sig "Dan Conrad"
Bitcoin core 0.10 - bfgminer solo mining URL or credentials invalid
I have updated my core node to version 0.10 and now my bfgminer version 5.1.0 stopped working with the following error. [2015-03-04 15:38:23] Failed to recv sock in recv_line [2015-03-04 15:38:23] Closing socket for stratum pool 0 [2015-03-04 15:38:23] Failed to parse a \n terminated string in recv_line [2015-03-04 15:38:23] Initiate stratum failed [2015-03-04 15:38:23] Closing socket for stratum pool 0 [2015-03-04 15:38:23] FAILED to retrieve work from pool 0 http://192.168.47.110:8331 [2015-03-04 15:38:24] 20s: 3.05 avg:62.94 u:63.34 Gh/s | A:218 R:5+0(.17%) HW:0/none [2015-03-04 15:38:44] 20s: 1.87 avg:59.95 u:60.34 Gh/s | A:218 R:5+0(.17%) HW:0/none [2015-03-04 15:38:53] Testing pool http://192.168.47.110:8331 [2015-03-04 15:38:56] Successfully retrieved but FAILED to decipher work from pool 0 http://192.168.47.110:8331 [2015-03-04 15:38:56] HTTP request failed: The requested URL returned error: 404 [2015-03-04 15:38:56] initiate_stratum with sockbuf=0xb637fa30 [2015-03-04 15:38:59] Stratum connect failed with TLS to pool 0: gnutls_handshake() failed: A TLS packet with unexpected length was received. [2015-03-04 15:38:59] Failed to recv sock in recv_line [2015-03-04 15:38:59] Closing socket for stratum pool 0 [2015-03-04 15:38:59] Failed to parse a \n terminated string in recv_line [2015-03-04 15:38:59] Failed to resume stratum, trying afresh [2015-03-04 15:38:59] initiate_stratum with sockbuf=0xb637fa30 [2015-03-04 15:39:01] Stratum connect failed with TLS to pool 0: gnutls_handshake() failed: A TLS packet with unexpected length was received. [2015-03-04 15:39:01] Failed to recv sock in recv_line [2015-03-04 15:39:01] Closing socket for stratum pool 0 [2015-03-04 15:39:01] Failed to parse a \n terminated string in recv_line [2015-03-04 15:39:01] Initiate stratum failed [2015-03-04 15:39:01] Closing socket for stratum pool 0 [2015-03-04 15:39:01] FAILED to retrieve work from pool 0 http://192.168.47.110:8331 [2015-03-04 15:39:04] 20s: 1.14 avg:57.23 u:57.60 Gh/s | A:218 R:5+0(.17%) HW:0/none Nothing else has changed beside the version of my core node. bitcoin.conf has been updated to new rpcallowip standards. Any ideas how to fix it ?
How are people getting into bitcoin mining these days? The Initial cost per GH/s seems too high.
Using this calculator: http://mining.thegenesisblock.com/a/2b4832e52b It seems that only the MOST expensive of hardware will get you past break even, and still be valuable for a few months after you start mining with it. I've been looking at BFL's Monarch cards, which, I think are the best GH/s/$ value right now... except... no one has one. Lots of shenanigans going on with BFL, I feel. Anyway, the USB miners are super convenient and scalable (doesn't require ridiculous hardware to keep adding more of, such as an external PCIe case). But they charge waaay too much for those, don't they? I luckily got one and a half for free with my amazon points, but 700MH/s for $10 (http://mining.thegenesisblock.com/a/cb75fc83ca) doesn't get me much very fast. Each additional USB miner I get would look like this: http://mining.thegenesisblock.com/a/4a740e78a4 I've seen that there are some GH/s miners that are 0.7 to 1 BTC, but those alse seem expensive for the speed. I understand that the increasing difficulty makes it so that you have to invest in some significant hardware initially, then break even, and hope for enough profit to buy better cards with a better GH/s/$ ratio. I feel like the only way to really get into mining is to actually be making the asic cards/chips yourself. :-\ It seems like the only way to get any traction, and be able to upgrade your setup over time is to be achieving around 100GH/s. How are you guys doing it?
cgminer won't mine on 127.0.0.1; "Pool 0 slow/down or credentials invalid"
cgminer.exe -o 127.0.0.1:8332 -u myname -p pass gives me "Pool 0 slow/down or credentials invalid". It works if I connect to a pool instead (-o somepool.com:8332), so I thought it might be the client, but BFGminer works fine on 127.0.0.1, so I know it's not the client. I've had much better luck with BFGminer in general, but it doesn't support Rockminers very well and is sometimes buggy with them. Everyone says to use cgminer with Rockminers so that's why I'm trying. I know it's not silently mining because the Rockminer doesn't light up. I've tried tricking it with http://127.0.0.1 but that doesn't work either. I've searched for hours; apparently I'm the only one on the internet with this problem. Anyway if anyone knows the fix it'd be appreciated.
I run a full Bitcoin node. Lately I've been playing around with setting up solo mining with BFGMiner, just experimenting with CPUs and GPUs, in full knowledge its a purely academic thing with zero chance of succeeding, intending only to deepen my understanding of the system. Seems to work well, for the most part. Except when I point my S9's at the pool, I only get about 250 GH instead of 13.5 TH each. I've made sure to turn off overt asciboost when I point them at my experiment, no effect, and they definitely are connected. Does anyone else play around with this stuff and might know the solution already? FWIW: Ubuntu Bitcoin Core v0.17 BFGMiner v5.5.0 Bitcoin.conf, server, daemon, listen, and txindex set to 1. rpcuser and rpcpassword are set, rpcallowip and rpcport are all good(and proven as I can connect other pcs over the LAN just fine for cpu/gpu) BFGMiner -o http://127.0.01:8332 -u user - pword --generate-to $address --coinbase-sig "LOL" --stratum-port:3333 Any suggestions?
Not understanding how to set up ASICMiner Block Erupter Miner
I google and find lots of pages which tell me how to set this up. The first two steps I get. Download miner, and install driver. The third steps always seems to assume I have joined a pool. Can I set this up without having to join a pool? I understand that I will most likely never make any money here. I am just doing this for fun. And do I need to have a wallet set up to do this? TIA
Can anyone else not get Moonlander2 ASIC USBs working?
mate, something's cactus. 4 Moonlander2 sticks, get ~20MH out of them combined mining LTC @ give-me-coins and/or NLG at coinpool.nl. But: a) Moonlander2s use BFGminer, and apparently BFGminer doesn't like Solo mining (with anything but bitcoin/sha256), so I'm connected to cagecoinpool.com b) cagecoinpool is just not giving me anything, all I'm getting on the debug output is 'Stratum detected new block'. c) cagecoinpool IS working with sgminer with GPUs. I'm getting ~1MH out of my 2 Rx580s (that I normally use for eth). So what gives? Moonlanders + other pools = works GPUs + cagecoinpool = works Moonlanders + cagecoinpool = munted?
https://preview.redd.it/5r9soz2ltq421.jpg?width=268&format=pjpg&auto=webp&s=6a89685f735b53ec1573eefe08c8646970de8124 What is Bitcoin? Bitcoin is an experimental system of transfer and verification of property based on a network of peer to peer without any central authority. The initial application and the main innovation of the Bitcoin network is a system of digital currency decentralized unit of account is bitcoin. Bitcoin works with software and a protocol that allows participants to issue bitcoins and manage transactions in a collective and automatic way. As a free Protocol (open source), it also allows interoperability of software and services that use it. As a currency bitcoin is both a medium of payment and a store of value. Bitcoin is designed to self-regulate. The limited inflation of the Bitcoin system is distributed homogeneously by computing the network power, and will be limited to 21 million divisible units up to the eighth decimal place. The functioning of the Exchange is secured by a general organization that everyone can examine, because everything is public: the basic protocols, cryptographic algorithms, programs making them operational, the data of accounts and discussions of the developers. The possession of bitcoins is materialized by a sequence of numbers and letters that make up a virtual key allowing the expenditure of bitcoins associated with him on the registry. A person may hold several key compiled in a 'Bitcoin Wallet ', 'Keychain' web, software or hardware which allows access to the network in order to make transactions. Key to check the balance in bitcoins and public keys to receive payments. It contains also (often encrypted way) the private key associated with the public key. These private keys must remain secret, because their owner can spend bitcoins associated with them on the register. All support (keyrings) agrees to maintain the sequence of symbols constituting your keychain: paper, USB, memory stick, etc. With appropriate software, you can manage your assets on your computer or your phone. Bitcoin on an account, to either a holder of bitcoins in has given you, for example in Exchange for property, either go through an Exchange platform that converts conventional currencies in bitcoins, is earned by participating in the operations of collective control of the currency. The sources of Bitcoin codes have been released under an open source license MIT which allows to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the software, subject to insert a copyright notice into all copies. Bitcoin creator, Satoshi Nakamoto What is the Mining of bitcoin? Technical details : During mining, your computer performs cryptographic hashes (two successive SHA256) on what is called a header block. For each new hash, mining software uses a different random number that called Nuncio. According to the content of the block and the nonce value typically used to express the current target. This number is called the difficulty of mining. The difficulty of mining is calculated by comparing how much it is difficult to generate a block compared to the first created block. This means that a difficulty of 70000 is 70000 times more effort that it took to Satoshi Nakamoto to generate the first block. Where mining was much slower and poorly optimized. The difficulty changes each 2016 blocks. The network tries to assign the difficulty in such a way that global computing power takes exactly 14 days to generate 2016 blocks. That's why the difficulty increases along with the power of the network. Material : In the beginning, mining with a processor (CPU) was the only way to undermine bitcoins. (GPU) graphics cards have possibly replaced the CPU due to their nature, which allowed an increase between 50 x to 100 x in computing power by using less electricity by megahash compared to a CPU. Although any modern GPU can be used to make the mining, the brand AMD GPU architecture has proved to be far superior to nVidia to undermine bitcoins and the ATI Radeon HD 5870 card was the most economical for a time. For a more complete list of graphics cards and their performance, see Wiki Bitcoin: comparison of mining equipment In the same way that transition CPU to GPU, the world of mining has evolved into the use of the Field Programmable Gate Arrays (FPGA) as a mining platform. Although FPGAs did not offer an increase of 50 x to 100 x speed of calculation as the transition from CPU to GPU, they offered a better energy efficiency. A typical HD/s 600 graphics card consumes about 400w of power, while a typical FPGA device can offer a rate of hash of 826 MH/s to 80w of power consumption, a gain of 5 x more calculations for the same energy power. Since energy efficiency is a key factor in the profitability of mining, it was an important step for the GPU to FPGA migration for many people. The world of the mining of bitcoin is now migrating to the Application Specific Integrated Circuit (ASIC). An ASIC is a chip designed specifically to accomplish a single task. Unlike FPGAs, an ASIC is unable to be reprogrammed for other tasks. An ASIC designed to undermine bitcoins cannot and will not do anything else than to undermine bitcoins. The stiffness of an ASIC allows us to offer an increase of 100 x computing power while reducing power consumption compared to all other technologies. For example, a classic device to offer 60 GH/s (1 hashes equals 1000 Megahash. 1GH/s = 1000 Mh/s) while consuming 60w of electricity. Compared to the GPU, it is an increase in computing power of 100 x and a reduction of power consumption by a factor of 7. Unlike the generations of technologies that have preceded the ASIC, ASIC is the "end of the line" when we talk about important technology change. The CPUs have been replaced by the GPUs, themselves replaced by FPGAs that were replaced by ASICs. There is nothing that can replace the ASICs now or in the immediate future. There will be technological refinements in ASIC products, and improvements in energy efficiency, but nothing that may match increased from 50 x to 100 x the computing power or a 7 x reduction in power consumption compared with the previous technology. Which means that the energy efficiency of an ASIC device is the only important factor of all product ASIC, since the estimated lifetime of an ASIC device is superior to the entire history of the mining of bitcoin. It is conceivable that a purchased ASIC device today is still in operation in two years if the unit still offers a profitable enough economic to keep power consumption. The profitability of mining is also determined by the value of bitcoin but in all cases, more a device has a good energy efficiency, it is profitable. Software : There are two ways to make mining: by yourself or as part of a team (a pool). If you are mining for yourself, you must install the Bitcoin software and configure it to JSON-RPC (see: run Bitcoin). The other option is to join a pool. There are multiple available pools. With a pool, the profit generated by any block generated by a member of the team is split between all members of the team. The advantage of joining a team is to increase the frequency and stability of earnings (this is called reduce the variance) but gains will be lower. In the end, you will earn the same amount with the two approaches. Undermine solo allows you to receive earnings huge but very infrequent, while miner with a pool can offer you small stable and steady gains. Once you have your software configured or that you have joined a pool, the next step is to configure the mining software. The software the most populare for ASIC/FPGA/GPU currently is CGminer or a derivative designed specifically for FPGAS and ASICs, BFGMiner. If you want a quick overview of mining without install any software, try Bitcoin Plus, a Bitcoin minor running in your browser with your CPU. It is not profitable to make serious mining, but it is a good demonstration of the principle of the mining team.
PSA: bfgminer doesn't work with bitcoin classic via GBT
Bfgminer doesn't work "out of the box" with bitcoin classic nodes via GBT. Before you get your pitchforks, its not like Luke-jr snuck some code in recently to cause an incompatibility. He is, however, unwilling to make it work as he doesn't "support altcoins" (even though bfgminer has had support for scrypt ASICs for quite some time). Still waiting for a reply from Luke-jr on whether he will merge support for bitcoin classic if someone else maintains that piece of code. Hopefully he will, as I think it would look bad on classic to have separate mining software. At that point it looks more like an altcoin. I won't speculate as to whether or not this is something Luke-jr would like to achieve. I'm no developer, but from what I can tell its a problem with block version checks in bfgminer or libblkmaker. Shouldn't be too hard to change. I also think this ought to get some visibility from people who can actually change the code without breaking it. If any large miner is running miners with bfgminer (or potentially anything based on libblkmaker) and it just immediately doesn't work with bitcoin classic, I doubt they're going to bother to figure this all out themselves. They'll just switch back to Core. Note that cgminer works fine, (but is unfortunately not stable on my setup). And I was honestly not trolling Luke-jr on this issue. I really would like to be solo mining on a bitcoin classic node.
Setting up solo mining just targeting USB erupters? PC/Mac?
I am having trouble trying to get solo mining started on either my PC or Mac. I have a PC set up that is using three 7950s that are mining Litecoins. I'd like to have my 2 USB erupters solo mining Bitcoins for fun on the same system. I have the drivers installed for the USB miners and my system recognizes them. I am starting Bitcoin-QT as -server My bitcoin.conf looks like this: listen=1 server=1 rpcuser=user rpcpassword=pass I set up a BFG .bat like this: bfgminer.exe -o 127.0.0.1:8332 -O -u user -p pass When I launch that, BFG just crashes. I have also tried it with CGminer and that crashes also. I'd like to keep CGminer on the cards Litecoin mining and use BFG for the USB miners. How do I get BFG to work just with the USBs? Also, do I need to input a Bitcoin address somewhere so if I did solve something I get the payout? Sometimes, I do more work on my Mac and am also trying to set up the USBs to mine on a Mac using Diablo miner. Will that work the same way as the PC setup once we get it figured out? Thanks for any help.
Right off the bat, I want to specify that I know this is ridiculously unlikely to ever find a block. I just upgraded my mining equipment and I am thinking I would like to use my old block erupters and antminers to run solo mining as a sort of lottery - in case one day I strike it lucky. In the meantime, my main mining equipment will be pointed to my usual pool. This is only for my own enjoyment! That being said, can someone verify if I have this set up properly? I have figured out how to start my Bitcoin-qt in server mode, and I have established the .bat file for BFGminer as: bfgminer.exe -S antminer:all -o 127.0.0.1:8332 -u me -p mypassword --set-device antminer:clock=x0b81 Is that correct? I start it up and have verification that my miners are hashing, but I also get the following line from BFGMiner: "No suitable long-poll found for http://127.0.0.1:8332" I have read on other threads here that if the miners are hashing it is working despite that error line. I would like to make sure as I don't have a background in programming so this is still pretty confusing to me. Also, without specifying a payout address, any new block found will be credited directly to the bitcoin client wallet I am running as a server, correct? The text from the BFGMiner readme file is not clear on this point, and suggests my line should be: bfgminer.exe -S antminer:all -o 127.0.0.1:8332 -u me -p mypassword --set-device antminer:clock=x0b81 --coinbase-addr myaddress --coinbase-sig "something else goes here" Thanks in advance for the help. I know this will probably be fruitless, but I think it will be fun to play these old miners as a Vegas-style gamble and use my main equipment as my "real" mining. I'm asking this partly because the directions in the readme file are vague: "BFGMiner supports solo mining with any GBT-compatible bitcoin node (such as bitcoind). To use this mode, you need to specify the URL of your bitcoind node using the usual pool options (--url, --userpass, etc), and the --coinbase-addr option to specify the Bitcoin address you wish to receive the block rewards mined." While I understand that this means a payout address can be entered, it does not specify if a payout address MUST be entered. I was under the impression that mined coins are paid directly to the bitcoin wallet that functions as a server. " If your bitcoin node does not support longpolling (for example, bitcoind 0.8.x), you should consider setting up a failover pool to provide you with block notifications." I'm pretty sure this is in reference to the long-poll error I am getting, but I'm not sure what it means.
Miners: You'll (very likely) need to upgrade your Bitcoin Core node soon to support BIP66 | Peter Todd | Jun 12 2015
Peter Todd on Jun 12 2015: Summary The BIP66 soft-fork recently passed the 75% support threshold. This means that 75% of the hashing power has upgraded to support BIP66; 25% of the hashing power has not. Once 95% of the hashing power has upgraded, blocks created by the 5% who have not upgraded will be rejected. If you operate a pool, solo-mine, or mine on p2pool you'll very likely need to upgrade your Bitcoin Core node to support the BIP66 soft-fork, or your blocks will be rejected. If you only sell your hashing power to a centralized pool you do not need to do anything. How does the Bitcoin protocol measure BIP66 support? Miners that have upgraded to support BIP66 create blocks with the version field set to 3; non-upgraded miners set the version to 2. Bitcoin Core measures BIP66 support by counting how many blocks with version >= 3 exist in the blockchain within the last 1000 blocks. If 750 out of the last 1000 blocks support BIP66, blocks with the version set to >= 3 that do not follow the BIP66 rules are rejected; if 950 out of the last 1000 blocks support BIP66, blocks with version < 3 are rejected. When will the 95% threshold be reached? It's unknown exactly when the 95% threshold will be reached. The BIP34 soft-fork went from 75% to 95% support in a about two weeks, however more or less time is possible; it's possible that the 95% threshold will be reached in just a few days. How can I monitor BIP66 adoption? See Pieter Wuille's graphs:
http://bitcoin.sipa.be/ver-50k.png http://bitcoin.sipa.be/ver-10k.png http://bitcoin.sipa.be/ver-2k.png The 'ever' and '50k' graphs show the 75% and 95% thresholds. What software supports support BIP66? Bitcoin Core releases later than v0.10.0 support BIP66. In addition, v0.9.5 supports BIP66, however we recommend that you upgrade to v0.10.2 If you run a pool, you may also need to upgrade your pool software as well. For instance, eloipool versions prior to May 22nd 2015, git commit f5f4ea636fb38f38e6d9a04aad1f04427556a4bc, do not support BIP66. (For Eloipool, cb8a5e8fbb4bfdfe9e35f670082603caff65e1b2 is a clean merge that should work for any branch more recent than 2013 April 6) Solo miners and decentralised miners using GBT need to also update their mining software to a currently supported version of BFGMiner to get support for v3 blocks. The official BFGMiner binaries include this update with 5.1.0, 4.10.2, and 3.10.9. What is BIP66? BIP66 - "Strict DER signatures" - is a soft-fork that tightens the rules for signature verification, specifically the way that signatures are encoded. The Bitcoin Core implementation currently relies on OpenSSL for signature validation, which means it implicitly defines Bitcoin's block validity rules. Unfortunately, OpenSSL is not designed for consensus-critical behaviour (it does not guarantee bug-for-bug compatibility between versions), and thus changes to it can - and have - affected Bitcoin software. (see CVE-2014-8275) By tightening these rules BIP66 reduces the risk that changes to OpenSSL will cause forks in the Bitcoin blockchain, as seen previously by the March 2013 fork. Secondly reducing our dependency on OpenSSL is a step towards replacing OpenSSL with libsecp256k1, a signature validation library from Pieter Wuille and Gregory Maxwell, that is designed for consensus-critical applications, as well as being significantly faster than OpenSSL. Is it possible that the BIP66 soft-fork will not happen? In theory yes, though it is unlikely and rejection of BIP66 would be a very ugly process. Unfortunately the existing soft-fork mechanism provides no mechanism for a soft-fork to expire, so once set in motion there is no clean way to stop a soft-fork. There is a proposal from Wuille/Maxwell/Todd, to reform how soft-forks are adopted that aims to fix this issue, as well as allow multiple soft-forks be adopted in parallel: http://www.mail-archive.com/[email protected]/msg07863.html 'peter'[:-1]@petertodd.org 0000000000000000127ab1d576dc851f374424f1269c4700ccaba2c42d97e778 -------------- next part -------------- A non-text attachment was scrubbed... Name: signature.asc Type: application/pgp-signature Size: 650 bytes Desc: Digital signature URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150611/d56b6e78/attachment.sig> original: http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-June/008578.html
Complete noob question. How do I start mining solo with BFGMiner on Windows 7? Explain it like I'm 5.
I have a machine built with Windows 7, and have my Bitcoin-qt wallet. Now all I need to know is how to start mining solo with BFGMiner. I'm not going to join a pool, and most FAQs only list joining pools when starting BFGMiner, but not solo mining. I have no clue how to proceed. Also, are there any other mining software that the community might recommend? Any help would be greatly appreciated. Thanks! EDIT: Okay people. I know about hash rates, ASIC processors, and the diminishing number on returns for mining solo with increasing difficulty. That's not my concern. I just need to know how to start BFGMiner in solo mode to start mining. Anybody have an answer? This is for testing purposes, and my own curiosity. Any help would be appreciated.
Hey redditors, Just recently got into mining, started with bitcoins but my rig is a little too slow to keep up with all the ASICs so I have moved to mining altcoins. My most recent venture has been with middlecoin and it WAS working great, but after about 20+ hours of mining I awoke this afternoon to find that my Kh/s had been steadily dropping all night and around 20 minutes before I walked up to my computer bfgminer said middlecoin.com:3333 is not responding. Now I am trying to re-establish a connection but all I get is the error in the title. I have tried running cgminer with the same .bat and I still get the same error. I have taken down my firewall and still cannot get it to work. I am also solo mining feathercoins with my cpu, I dont know if that may cause some issues but even with feathercoin-qt not on it still wont connect to the servers. Any help is greatly appreciated, thanks!
Bitcoin Solo Mining Faq - Invertir En Bitcoin Canada . Bitcoin solo mining faq - Invertir en bitcoin canada Have enough hash power to do without a pool. What is Solo Mining How it Works for the miners in the bitcoin. 1 Goto Start> All Programs> Speedcoin Wallet and open Speedcoin Config File. Bitcoin solo mining faq. How to Mine Bitcoin on a Mac Computer Skills Envato Tuts+ Jun 30 What are the ... I'm completely new to Bitcoin, so my understanding of mining is still improving. I downloaded BFGMiner, and now I would like to perform some solo mining. (I would rather have it use my GPU, but if a CPU is noticeably easier than I'll go that route first.) "BFGMiner supports solo mining with any GBT-compatible bitcoin node (such as bitcoind). To use this mode, you need to specify the URL of your bitcoind node using the usual pool options (--url, --userpass, etc), and the --coinbase-addr option to specify the Bitcoin address you wish to receive the block rewards mined." While I understand that this means a payout address can be entered, it does ... Solo mining is the process of mining alone as we told earlier. We are aware that when you connect yourself to a pool, the process that mainly happens is that all miners get connected to the same bitcoin-client to confirm transactions. This helps to increase the probability of “finding” a block directly. Further, the block provides incentives from the shares from all miners. If you do the ... Download and install the ASIC Bitcoin Miner software like CGMiner, BFGMiner, and many other choices . For a solo miner, the mining software connects you to the blockchain (Bitcoin Core). The main job of the Bitcoin Miner software is to deliver the mining hardware’s work to the rest of the Bitcoin network. Finally, launch Bitcoin Miner software with localhost (127.0.0.1), the rpcport (Y ...
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