I am interested in solo mining and would like to know how to go about it. I want to understand the process, the requirements, and any specific steps I need to follow to start solo mining successfully.
7 answers
SumoMighty
Thu Dec 19 2024
Miners compete against each other to be the first to solve the problem.
HallyuHype
Thu Dec 19 2024
Solo mining is a process where miners connect their mining hardware directly to the
Bitcoin network.
Lorenzo
Thu Dec 19 2024
This connection allows the miner's hardware to participate in the competitive process of solving complex mathematical problems.
Alessandra
Thu Dec 19 2024
The goal of solving these problems is to add a new block to the blockchain.
EchoSeeker
Wed Dec 18 2024
The miner who successfully solves the problem first is rewarded with the full block reward.