What is Solo Mining & How it Works for the miners in the ...

Solo mining for Gits and Shiggles

I run a full Bitcoin node. Lately I've been playing around with setting up solo mining with BFGMiner, just experimenting with CPUs and GPUs, in full knowledge its a purely academic thing with zero chance of succeeding, intending only to deepen my understanding of the system. Seems to work well, for the most part.
Except when I point my S9's at the pool, I only get about 250 GH instead of 13.5 TH each. I've made sure to turn off overt asciboost when I point them at my experiment, no effect, and they definitely are connected. Does anyone else play around with this stuff and might know the solution already?
FWIW: Ubuntu Bitcoin Core v0.17 BFGMiner v5.5.0
Bitcoin.conf, server, daemon, listen, and txindex set to 1. rpcuser and rpcpassword are set, rpcallowip and rpcport are all good(and proven as I can connect other pcs over the LAN just fine for cpu/gpu)
BFGMiner -o http://127.0.01:8332 -u user - pword --generate-to $address --coinbase-sig "LOL" --stratum-port:3333
Any suggestions?
submitted by NDragon951 to BitcoinMining [link] [comments]

Setting up solo mining just targeting USB erupters? PC/Mac?

I am having trouble trying to get solo mining started on either my PC or Mac. I have a PC set up that is using three 7950s that are mining Litecoins. I'd like to have my 2 USB erupters solo mining Bitcoins for fun on the same system. I have the drivers installed for the USB miners and my system recognizes them.
I am starting Bitcoin-QT as -server
My bitcoin.conf looks like this: listen=1 server=1 rpcuser=user rpcpassword=pass
I set up a BFG .bat like this: bfgminer.exe -o 127.0.0.1:8332 -O -u user -p pass
When I launch that, BFG just crashes. I have also tried it with CGminer and that crashes also. I'd like to keep CGminer on the cards Litecoin mining and use BFG for the USB miners.
How do I get BFG to work just with the USBs? Also, do I need to input a Bitcoin address somewhere so if I did solve something I get the payout?
Sometimes, I do more work on my Mac and am also trying to set up the USBs to mine on a Mac using Diablo miner. Will that work the same way as the PC setup once we get it figured out?
Thanks for any help.
submitted by PoisonCoyote to BitcoinMining [link] [comments]

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Solo mining is the process of mining alone as we told earlier. We are aware that when you connect yourself to a pool, the process that mainly happens is that all miners get connected to the same bitcoin-client to confirm transactions. This helps to increase the probability of “finding” a block directly. Further, the block provides incentives from the shares from all miners. If you do the ... As a side project I decided to buy a secondhand Bitcoin ASIC, an Antminer S5, and give a shot at solo mining on testnet so that I could generate some coins. Unlike on mainnet, which has so much mining competition that you’ll probably never find a block, the difficulty on testnet is low enough that solo mining is worthwhile. The following instructions should work for any ASIC that uses ... Hello, Being new to this and just getting started this evening seeing BTC2/BTCs as a better Altcoin then BTC which I have mined with success I have a question as to Solo Mining. With BTC bitcoin.conf you set GEN=1 to mine Right now I have my for my BTCs Conf I have it blank, as shown in the comma... SOLO MINING: BFGMiner supports solo mining with any GBT-compatible bitcoin node (such as: bitcoind). To use this mode, you need to specify the URL of your bitcoind node: using the usual pool options (--url, --userpass, etc), and the --coinbase-addr : option to specify the Bitcoin address you wish to receive the block rewards: mined. If you are solo mining with more than one instance of ... Solo Mining Success Story. When our ZEC Solo mining pool just launched, it needed some testing. We didn’t have enough our own ZEC mining rigs back then, so the only option left was renting rigs at Nicehash. Block of ZEC – 10 coins ($2400), so to find one block we had to spend about $2400. Quite sad, but we had no other options. We ordered ...

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How to mine bitcoins (solo mining) with the core client ...

Newbie guide for those who want to try solo bitcoin and litecoin mining, using bfgminer and cgminer. The config files shown in the video are available in the... http://btcguild.com/index.php?page=support§ion=blockerupter How to BitCoin mine using fast ASIC mining hardware - Duration: 27:15. ... Red Fury ASIC BitCoin Miner Setup With BFGMiner - Duration: 2:59. TingaWinga5 18,376 views. 2:59. How to setup Gridseed 5 ... Good Day ! Here's how you use BFGMiner in Mining Bitcoins, and other Cryptocurrencies. Step 1: Download BFGMiner Step 2: Extract BFGMiner Step 3: run BFGMine... BFGMiner on Mac Setup Guide ----- BFGMiner website: http://www.bfgminer.org Install ASICMiner driver: http://www.si...

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