I've heard about this concept called self-mining but I'm not entirely sure what it means. Could someone explain to me what self-mining is all about?
6 answers
Riccardo
Fri Dec 13 2024
Mining cryptocurrency on an individual basis is commonly referred to as solo mining.
GalaxyWhisper
Fri Dec 13 2024
In solo mining, individuals utilize specialized hardware to engage in the process.
SeoulSerenity
Fri Dec 13 2024
One such hardware option is an application-specific integrated circuit (ASIC) miner.
CryptoEnthusiast
Fri Dec 13 2024
ASIC miners are designed specifically for mining cryptocurrency and offer high efficiency.
DondaejiDelightfulCharmingSmileJoy
Thu Dec 12 2024
Alternatively, individuals can use other devices capable of mining, such as powerful computers with dedicated graphics cards.