Bitcoin mining update Sept 2024

[@wunwun7520]

hi , why not try solo btc mining ? 😊

[@The_Solartiger]

@@wunwun7520 hi, the chance of me finding a bitcoin block with 4Th/s is virtually zero so I mine to Braiins pool, I mine abound 12 UK pence a day. I ignore electricity costs ( about 20p per kilowatt hour in UK) as this is just for a hobby. I will NOT make any profit unless the price of bitcoin goes crazy. With solo mining you only get a payout IF you find a block. I think a regular daily income no matter how small is better than virtually zero chance of hitting it big. That’s just my opinion, yours may be different. Thanks for the interest. Solartiger

[@wunwun7520]

@@The_Solartiger i just saw many btc miner change their mind , go in solo , i was set my old s9 using single hash board , down clock to 200mhz & power 8v , got 1,45th / min , only 89-90watt and goin solo too 😅, just for fun & trying luck

[@wunwun7520]

@@The_Solartiger Do you mine other coin ? like verus or something profitable ? , please share 🙏

[@The_Solartiger]

@@wunwun7520 I have also mined monero (XMR) a cpu coin in the past. What decides if you make any profit is the price you pay for electricity and your equipment. Electricity prices in the uk are high (approx 20p per Kwhr) so you spend more on power than what your miner mines. You would be better off simply buying your chosen coin rather than mining it and hope it goes up in value in the future. I am mining as hobby/ educational purposes, I won’t make any profit unless something drastic happens and crypto prices go through the roof. I think trying to make money through mining is very difficult due the price of equipment, energy costs, rising difficulty and things like the bitcoin halving etc, hope this is helpful. Thanks solartiger

[@RainBitcoins]

@@The_Solartiger A bitaxe found a block 3 weeks ago....also if you remove the front and rear screens off of your nano it will run much cooler and the fans will slowdown as well.