Yes, you can mine solo, but if you start with just miners that do not generated enough hashes, you will end up not getting any mining reward. You will need to buy thousands miners that will cost you billions in dollars in order to mine solo. But, if you think you will mine solo at home with some GPU or ASIC and think you will get reward, if it happens, that mean you are lucky because the chance that you wi get a single mining reward (6.25 btc) is less than 0.001% because of the mining difficulty of bitcoin which is very high. Even if you use billion to set up mining farm, you will still want other small miners to join you, that is how the business work which will still result to mining pool. Gone are the days of mining solo.
Well, i'd like to approach this from a different angle.. OP is posting in a bitcoin subforum, and the odds of solving a block for the bitcoin blockchain using 2 GPU's is so close to 0 that in reality it's ok to say that it's impossible...
Sure, you can solve a block using pen and paper... But you'll have a better chance of winning your state lottery 10 times in a row while sitting on the toilet on new years eve (i didn't do the actual odds calculations).
Dear all, i am new member.still i doing very small of mining at home.i have 2 RX580 8GB cards.i was used for minig some of website.( i cant tell that name here.i think its not good) so my qustion is i want to know how to mine solo.without any website. I wad planing to upgrade my mining Hadware.before i upgrade i would like to know that.can i mine solo without any involment.
THANK YOU GUYS!
Clearly you cannot mine Bitcoin with graphic cards. If you want to mine with those you may try to ask in the
Mining (Altcoins) part of this forum. You can mine altcoins and sell them for Bitcoin (if you mine altcoins listed on exchanges).
Also, I strongly believe that you have not much of a chance for solo mining. The coins that have market value will most probably need you to mine in a
mining pool because of the overly high difficulty.
So while asking there
what coins to mine, also ask for
pool recommendations and maybe the
right software and
configuration too.
THANKS GUYS.
i mean solo mining like this video.please can you check the video and tell me is it good.
https://www.youtube.com/watch?v=uU1lTtklZRQ&feature=emb_logo