I'm wondering if it's possible to mine
Bitcoin by myself, without joining any mining pool. I want to know if I can do it solo and still have a chance to earn Bitcoins.
7 answers
Maria
Tue Dec 10 2024
Making money through solo mining is indeed a viable option.
EnchantedSky
Mon Dec 09 2024
Solo miners are rewarded for their efforts in verifying transactions and adding them to the Blockchain.
Elena
Mon Dec 09 2024
As the network difficulty increases, it becomes more challenging to verify transactions, affecting the miner's earnings.
CryptoQueenBee
Mon Dec 09 2024
The rewards received by solo miners are directly proportional to their hardware power.
GyeongjuGrace
Mon Dec 09 2024
Cryptocurrency value also plays a significant role in determining the profitability of solo mining.