Solo vs Pool Mining

[SilverLance]

In Solo mining, you're mining alone and if you find a block, you keep the full reward. But the chances of actually hitting a block are super low unless you have a powerful hardware.

In Pool mining, you earn smaller but consistent payouts by teaming up with other miners and sharing the rewards.

So what’s better?

 

[Starmix]

I haven't experienced mining. I don't have any idea about it. But it seems good to mine solo to practice and observe the possible strategy to earn better. And if it doesn't work as plan try to mine via pool mining.

 

[Suba]

With the increasing number of miners, I currently believe mining pools are still more profitable than solo mining. Although solo mining can fully collect all mining block rewards, it often takes a long time, while mining pools offer more stable and consistent rewards, even if miners only receive smaller rewards.