Never add any external IP to your config file.įor this tutorial we’ve chosen Ravencoin. Configure the miner and point it to RPC IP / Port of the computer where the wallet is running. 
Create a config file, config the RPC port, ensure the server is setup and allows the IP address of your hardware. Find a new coin and ensure the network hashrate is low to solo mine. This guide assumes that you have your hardware ready (CPU, GPU or ASIC). If you feel the coin is worth your time then quickly setup the mining environment and start solo mining. Once you found one, do your research before you get in to the mining scene. Not all of them have attained its popularity and not all of them have mining pools setup initially. There are tons of new coins that you can choose from if you head over to Bitcoin Talk announcement thread. The most suitable ones are the newly launched altcoins where the network difficulty will be too low. Apply this solo mining guide only on coins in which you could expect results. Totally forget about Bitcoin, Litecoin, Ethereum, Monero, Zcash and all other popular Cryptocurrencies. We can’t tell how long as It all depends on several factors. However technically there is a chance of mining a block if you maintain proper communication with the network and keep submitting shares constantly. You could either mine a block or you could never solve a block even after mining for a long time. Solo mining is just like winning a lottery and there is no magic number that’ll guarantee results. But theoretically there is math involved and the answer to this question completely depends on the network hashrate and your hardware power. They always say that solo mining only works out for a lucky few. Before we get in to solo mining guide we’ll see if solo mine really works out and if so what type of coins comes under this solo mining category. #BEST COIN MINING HOW TO#
Here this is a beginners guide and a quick tutorial on how to solo mine cryptocurrencies. Believe it or not, solo mining is very much possible and even with a single GPU you can hit a block.
Once you found the gem, setup the miner, and start mining solo to hit a block on your own. In Crypto getting in early is the key so keep looking at Altcoin announcement thread of Bitcoin Talk to find out newly launched coins. Isn’t it? You’ll find such opportunity once in a while and it always leads to profit in a short period of time. That feeling when you get in early before a large group of miners join the party and raise the difficulty is something special.
0 kommentar(er)
