Questions tagged [single person]

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Caterina Caterina Tue Jun 11 2024 | 7 answers 1383

Can a single person mine Bitcoin?

Could you please elaborate on the feasibility of a single individual engaging in Bitcoin mining? I'm curious to understand the technical requirements, economic viability, and potential challenges involved in this process. Could a single miner successfully compete with larger mining pools or organizations? What factors would determine their success in this endeavor? Would it be more profitable to mine Bitcoin alone or to join a mining pool? I'm also interested in knowing if there are any specific tools or strategies that a solo miner could utilize to enhance their chances of success. Thank you for your insights.

Can a single person mine Bitcoin?

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