Mining solo ? in a pool ? How to choose ?

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Alzeboss
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Mining solo ? in a pool ? How to choose ?

Post by Alzeboss » Sat Dec 30, 2017 7:59 pm

Read this may help you to choose : https://en.bitcoin.it/wiki/Pool_vs._solo_mining
What is Pooled Mining?

Pooled mining "pools" all of the resources of the clients in that pool to generate the solution to a given block. When the pool solves a block, the 12.5 BTC generated by that block's solution is split and distributed between the pools participants.
What is Solo Mining?

Solo mining is when a miner performs the mining operations alone without joining a pool. All mined blocks are generated to the miner's credit.
Pros/Cons

Pool Mining Pros

Pooled mining generates a steadier income.
Pooled mining can generate a 1-2% higher income (before fees, if any) due to long polling provided by the pools.

Pool Mining Cons

Pool mining can suffer interruptions from outages at the pool provider.

Pools are subject to DOS attacks and have other downtimes, too. Backup pools and solo mining can be configured for these cases.

Pooled mining tends to generate a smaller income due to fees being charged and transaction fees not being cashed out.

There are zero fee pools. Until now, transaction fees are not cashed out by any pool.

Pools might be part of attack scenarios.

Solo Mining Pros


Solo mining is less prone to outages resulting in higher uptime.
Solo mining doesn't incur any fees. For each discovered block, 12.5 BTC and the transaction fees are paid to the miner.

Solo Mining Cons

Solo mining tends to generate more erratic income.
Solo mining wastes time due to only supporting getwork pull.


B2Bcoin lover 8-)

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