LightningStrike
Tue Dec 10 2024
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7 answers
1327
Is it possible to mine Bitcoin alone?
I'm wondering if it's feasible for me to mine Bitcoin by myself. I've heard about Bitcoin mining and I'm interested in trying it out, but I'm not sure if it's something that can be done solo or if it requires a large group or special equipment.
Caterina
Sat Jul 13 2024
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5 answers
1319
Can you mine bitcoin alone?
Could you please elaborate on the feasibility of mining Bitcoin as an individual? I've heard conflicting reports about whether it's still profitable for solo miners in today's market. With the increasing difficulty of mining and the centralization of mining pools, I'm curious if an individual with limited resources stands a chance at successfully mining Bitcoin. What factors should one consider before embarking on such a venture? Additionally, what alternatives or strategies could a solo miner pursue to increase their chances of success?
