I'm considering mining cryptocurrencies, but I'm not sure if it's worth doing it solo. I want to understand the pros and cons of solo mining versus joining a mining pool. Should I invest in solo mining or is it better to collaborate with others?
6 answers
EthereumEmpress
Sat Dec 14 2024
This method, however, necessitates patience as it may take significantly longer to discover blocks.
Giovanni
Sat Dec 14 2024
In contrast, pool mining is generally favored for mining altcoins or bitcoins.
Martino
Sat Dec 14 2024
This preference stems from the efficiency and speed it offers in finding blocks.
KimonoElegance
Sat Dec 14 2024
Solo mining holds the potential to yield higher returns in the long run compared to pool mining.
Emanuele
Sat Dec 14 2024
For those considering solo mining, it's crucial to possess substantial hash power.