What are merits and demerits of Solo (single) mining? Table of Contents
There are three methods of mining: solo (single) mining, pool mining, and cloud mining, each of which has different characteristics, advantages, and disadvantages.
When starting mining from now on, it is important to understand each character well and choose the method that suits you.
What is Solo (single) mining?
“Solo mining” is to prepare a computer by yourself and participate in mining by yourself.
It seems that there are many cases where people who are familiar with computers also participate as hobbies.
How can I mine Bitcoin with StormGain?
Merits of solo mining
Since solo mining participates in mining alone, the rewards obtained for successful mining are larger than those for pool mining and cloud mining.
Demerits of solo mining
If you do not succeed in mining, there will be days when you will not get any rewards, and the rewards will vary widely.
In addition, there are features such as having to prepare various equipment by yourself and having some knowledge of computers.
With StormGain, you can easily start mining Bitcoin.
You don’t need to have the knowledge or special computers to get started, but you can start mining immediately once you opn an account.
Please click "Introduction of StormGain", if you want to know the details and the company information of StormGain.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...