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Offline Swat

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does solo mining work?
« on: November 12, 2013, 11:25:27 AM »

Hello all,

Great to see things are moving here, love the Keyhotee project  :)
I got a question about solo mining. I am mining for almost 3 days now, using ubuntu 13.10 64bit and still found nothing.
Using a I5 running 4 threads
Now I am wondering if I am doing something wrong.

Any help will be appreciated.

Mining info:
{
"version" : 80500,
"protocolversion" : 70001,
"walletversion" : 60000,
"balance" : 0.00000000,
"blocks" : 12817,
"timeoffset" : -1,
"connections" : 8,
"proxy" : "",
"difficulty" : 0.00012097,
"testnet" : false,
"keypoololdest" : 1384113899,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"errors" : ""
}
« Last Edit: November 12, 2013, 11:29:48 AM by Swat »

Offline ryen123

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Re: does solo mining work?
« Reply #1 on: November 12, 2013, 11:29:23 AM »
There's nothing wrong. The difficulty increase has made it very very difficult to mine solo. I too haven't found a block since.
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Offline ruletheworld

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Re: does solo mining work?
« Reply #2 on: November 12, 2013, 12:14:46 PM »
You'll need to join a pool to realistically mine anything. The overall computation power in the pools is crazy high, and you're competing against multiple of those.
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Offline Swat

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Re: does solo mining work?
« Reply #3 on: November 12, 2013, 12:26:38 PM »
Thank people.
I am trying Coyote Miner now. but it seems to be down at this moment  ::)

Offline bg002h

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Re: does solo mining work?
« Reply #4 on: November 12, 2013, 02:22:43 PM »
Is there a mining difficulty calculator?  Suppose I wanted to know how many weeks it would take to get a 50/50 chance of mining 1 block at 100 cpm, is there any way to figure this out?

Offline auto2nr1

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Re: does solo mining work?
« Reply #5 on: November 12, 2013, 05:23:58 PM »
I mined for a whole day on a pool and got a little over 1 PTS is that normal with the difficulty now?

Offline phoenix

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Re: does solo mining work?
« Reply #6 on: November 12, 2013, 07:01:23 PM »
Low payouts are normal if you aren't running a whole lot of machines. Remember, your payout is proportional to the amount of computing power that you're contributing to the pool. You're competing with everyone else in the pool for a piece of what the pool earns, which is proportional to how much computing power the pool is computing to the network.
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Offline Amazon

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Re: does solo mining work?
« Reply #7 on: November 13, 2013, 01:01:37 AM »
highly suggest you to join a pool.
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