Bitcoin QT wallet einrichten

Solo mining for profit is not possible. There are a fixed number of bitcoins released. This means the more people that mine Bitcoin are fighting over the same amount so each miner gets less and less as more people do it. This is called the “difficulty” increase. As a result miners form groups called pools where everyone gets a share of the reward when a reward is obtained. This is because solo mining will takes months, years, or even decades before a reward would be obtained on average.

Solo mining with your computer processor (CPU mining) will simply heat up your computer system. It would take many decades to get a reward (most likely never) and you may damage your system due to the heat.

Solo mining with graphics cards (GPU) is now not profitable even with a pool. A solo mining effort would take many years to see a reward on average (again, most likely never) and may shorten the life of the graphics card.

Even with the new ASICs miners, there are so many people doing it that unless you have a large and expensive setup seeing a reward via solo mining could take months or years. Mining solo with ASIC’s requires different software or you may lose a significant amount of your hashing power. The mining software used for CPU’s and GPU’s uses the ”getwork” method and will not work well with ASICS. You must run software using the “stratum” method. the way to do this is to run the same software used by mining pools. According to the developer of the mining software installing the software to mine with ASICs will not work well with Windows so there is no Windows release. You must run Linux and the pool software must be installed locally on Linux. The instructions for installing .

If you wish to run a CPU or GPU just to see how it works you should understand that Mining has 3 parts.

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