Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Diamond (DMD) Evolution v 2.0 | NEW wallet, 50% POS Active
by
pallas
on 12/01/2015, 13:58:35 UTC
there is absolute no reason why someone cant go solomining

over long time average earning will always beat pool mining because u have 0 fee 0 transaction cost for withdraw from pool

Not only because of the fees, but solo mining is always more profitable, IF you have the hash power to find blocks frequently enough AND the tools to monitor that hash power. Pool mining has significant overheads, pushpool much more than stratum, but these overheads exist. Using a pool also assumes you accept the possibility that it might malfunction and that *you* cannot fix it. If you want absolute control over your mining earnings, solo mining is the only answer.

I have tried solo mining for about 10 days but I'm generating too many orphans: about 1 out of every 7/8 valid blocks.
It's like having a pool with 10% fee.
Hashpower is ok, probably my network is too slow.