I’m currently running xmrig, but I’d like to mine without joining a pool. I understand the tradeoffs, that I’m likely to never be the one to mine a block.
Anyone here that does the same? Or knows of a way to do that?
Are you aware of p2pool (decentralized pool with 0% tax)? Also there is gupax.io for easy mining setup with p2pool. Oh and then there is gupaxx (notice the two x on the end). Might want to look into this :)
I knew a person who would get hardware from his job for free… he was doing 800 kH/s yet still took him weeks sometimes to find a block.
I’ve been a member of a small pool with around 300 kH/s total mining power, and I know how it feels to find 4 blocks after each other with 300 - 500% effort. It’s randomness doing its thing
I believe there is a way to mine to a decentralised pool that avoids the issues of 51% attacks.
why do you want to do that?
if you really want, you just point xmrig to your local monero node and done, no?
why do you want to do that?
I mine mostly because I like the technology, and have (already paid for) CPU cycles spare. Plus, doing it without a pool is a bit like playing the lottery.
local monero node and done, no?
Aha! I have no such thing as far as I’m aware, since I use the mymonero wallet.
I should run a node, and in the “pool” section of the xmrig config, point to localhost?
I mine mostly because I like the technology, and have (already paid for) CPU cycles spare.
ok but that doesn’t explain why you want to do it alone. It’s no worse in a pool
Plus, doing it without a pool is a bit like playing the lottery.
is that an advantage?
I should run a node, and in the “pool” section of the xmrig config, point to localhost?
I assume. I never did that, though and I don’t know mymonero. but if it were me, I would run the official monero gui wallet, as it is trusted by the community, works good enough, and has an embedded monero node. or featherwallet, but that cannot run a node for you.
running a node will require a lot of storage space, though. if storage usage becomes toohigh, you can prune it so that you get back 2/3 of the space
