What is solo mining?

Solo mining is an attempt to confirm blocks of transactions on the blockchain alone, as an individual miner. In other words, solo mining is a way of mining cryptocurrencies without pools . Pools are groups of miners that act as a single miner on the blockchain. By doing that, the miners make sure that they earn rewards steadily.

Can You Mine a coin solo?

In Crypto getting in early is the key so keep looking at Altcoin announcement thread of Bitcoin Talk to find out newly launched coins. Once you found the gem, setup the miner, and start mining solo to hit a block on your own. Believe it or not, solo mining is very much possible and even with a single GPU you can hit a block. What!?

What is Musicoin mining?

The Musicoin mining platform appeared on the internet in beta version on February 11, 2017, the day when mining (creation) of the $ MUSIC digital coins began. It was created by Isaac Mao and adopts the concept of ” Sharism “.

How much money does a solo miner get?

For instance, for a block of Zcash (ZEC) miner gets 10 coins (currently $2400), for a block in Ethereum network – 3 ETH coins or $900. There are also lower rates, for example, a block of Pirl will give you 10 coins ($4), Ethereum Classic – 5 coins ($84). Ah, don’t forget about His Majesty Bitcoin…12.5 coins or $82530! So Why SOLO Mining is a Game?