Dear friends,
Ive been mining for more than a year now, using ethermine shared pool.
I heard about solo mining like 3 months ago, so I wanted to try!
I am currently mining on eth.solopool with 1.0gh/s, it have been 1 week and I havent found a block or uncle.
If anyone is more experienced with solo mining , some other solo mining pools or whatever that would help I would appreciate
Thanks!
According to the probability calculator, with 1 terahash on ETH your probability to find a block is 29 days.
https://2cryptocalc.com/calculator/ETH?hashrate=1000&diffPage=currentYes this is true but he needs to understand this is based on a rough estimate since he is solo mining. He can find the block in 1 day or find it in 6 months. Obviously if he finds it in 1 day then it was worth it but it could also take 5 months 29 days, he will give up and switch to pool mining.
Generally like the above poster has said, you shouldn't solo mine coins like ETH or BTC. Sure you get to save 1% in fees from the pool but the variance is just not worth it.
If you want to solo mine with 1 GH/s you should try other coins with less hashrate like ETC or EXP.