Quote from: testadimerlo on July 25, 2014, 01:07:51 PM

Quote from: coinsolidation on July 25, 2014, 10:31:15 AM

New Wiki Page: Solo Mining

Following multiple queries as to how to set up solo mining, I have finally managed to document Solo Mining on the Wiki.

If there are any questions or clarifications required please ask.

Proving the theory

Part of the rationale behind Bitmark's Block Chain configuration is the notion that more rewards per day will create a healthier network.

I have proved the theory twice myself already, and now I've challenged a small solo miner to help me prove it also.

He has 1.7 MH/s, and is therefore on the edge of luck. By the average network hashrate he should manage marginally over 1 block per day. Since you can only find complete blocks, this means he will get 20 or 40 BTM per day, 1 or 2 blocks. If he mined on a pool he would generate 20-21 BTM each day, by taking this challenge we can prove if solo mining is viable, and if our theory is sound.

The challenge I have set him is to see how lucky he is, he will mine for exactly 24 hours and report back as to how many blocks he finds. I will double whatever rewards he gets for doing this challenge.

^{getMarked Funding Goal: 0.9/8 BTC, with 1.15 BTC pledged.}

Sorry for my noob question but I m not tech astute. Does it mean that if I rent a rig I would have more or less 20-21 BTM each day, right ( it mines only in the pool)?
I was watching at nicehash but if someone would suggest me a better service for rent a rig it will be appreciated ( and a pool with the related port, I don't see it in the OP)

thanks again

If you decide to rent a rig, there are 2 pools where you can mine BTM:

http://xhash.net
http://miningpool.co

On each of them you'll find the stratum adresses and all the information you need to set up your rigs.

Hope this helps