Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JPC]JackpotCoin#Unique JHA Algo#Ultra Fast Trans#1st True PoW/PoS Hybrid
by
Tyr808
on 23/06/2014, 21:32:21 UTC
have 77mh/s. Want to solo mining. Any advice?

Solo mining is basically mining to your wallet.  Look on the first page for how to set up the jackpot.conf file.  I'd suggest setting your rpcallowip to 127.0.0.1 if you're mining on the same machine as wallet, or 192.168.1.* if you trust your lan security and will be using multiple rigs.  make sure you have a proper user and password too, I've heard of people losing their funds due to poor security on their wallet with rcp.  Also, it's not worth solo mining, even with 77mh at this point.  Join a pool with low fees.  https://www.minep.it/pool/jpc/ has a great ui, great performance, and 0.75% fee. 

Why do you say solo mining isn't worth it now?  Diff is in the 300-400s which is high, but not insane.  At 77Mh 2 blocks a day would likely eclipse the profits found in a pool, right?



Difficulty fluctuates a lot it's mid 500s currently and unless you have ultra massive hash you'll receive more payout for being in a pool anyway if a jackpot is hit. As long as the fees are low, stability of a pool is probably preferable with that much hash. I've had my wallet unsync a few times with no network issues.

Just my personal advice added along with the instructions on solo mining.