Cryptocurrency Q&A
Is solo crypto mining worth it?
Is solo crypto mining worth it?
ShintoMystic
Mon Dec 30 2024
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7 answers
1296
I'm considering whether it's worthwhile to engage in solo crypto mining. I want to understand if the potential benefits outweigh the risks and costs involved in this activity.
7 answers
lucas_clark_artist
Wed Jan 01 2025
Miners collaborate in teams to discover blocks.
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Leonardo
Wed Jan 01 2025
When a block is found, the rewards are distributed among the participating miners.
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Alessandra
Wed Jan 01 2025
Solo mining offers a different scenario where the miner keeps all the rewards.
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LightningStrike
Tue Dec 31 2024
However, if a solo miner fails to find a block, they receive nothing.
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Chiara
Tue Dec 31 2024
This aspect makes solo mining inherently risky.
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