Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
conv3rsion
on 20/05/2013, 19:27:52 UTC
First solo block:

https://blockchain.info/tx/cba743ea1b7904c5624e0ee75f12d177ceb214c07f8e8b55ff2eb082404eb54a?show_adv=true

From now on the solo result of ASICMINER will have "Mined By ASICMiner" within the CoinBase.

You're not including transactions?

What?

https://blockchain.info/block-index/383941

Transaction Fees   0.1392 BTC


My question now going forward (for everyone, not specifically Friedcat), for an company like this, is there any advantage to using the pools at all?

Solo mining provides

1) No operator fees
2) All transaction fees (which have been consistently rising since Bitcoin started)
3) Less risk from pool owner trust
4) Less risk from pool downtime and DDOS attacks

At a cost of
1) More variance (who cares when you have significant hash power)