Cryptocurrency Q&A Can I solo mine etc.?

Can I solo mine etc.?

SakuraBlooming SakuraBlooming Sat Dec 28 2024 | 5 answers 1412
I'm interested in solo mining for Ethereum Classic (ETC). I want to know if it's possible for me to mine ETC by myself, without joining a mining pool. Can I solo mine etc.?

5 answers

SkylitEnchantment SkylitEnchantment Mon Dec 30 2024
In this mode, there is no teamwork or collaboration with other miners. You are entirely responsible for your mining efforts.

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StormGlider StormGlider Mon Dec 30 2024
The reward structure in SOLO mode is straightforward: if you find zero blocks, your reward is zero. This can be risky for miners who are not confident in their hashing power or mining setup.

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CryptoPioneer CryptoPioneer Mon Dec 30 2024
For Ethereum Classic SOLO mining, we recommend it only for experienced users. This is because mining solo requires a high level of technical expertise and a strong understanding of the mining process.

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DavidLee DavidLee Mon Dec 30 2024
Additionally, solo mining Ethereum Classic is only viable if you can find at least 2-3 blocks in 24 hours. This ensures that your efforts are rewarded and that you are not wasting your time and resources.

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CryptoQueen CryptoQueen Mon Dec 30 2024
SOLO mode is a unique mining approach where miners operate independently.

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