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?
With the Monero GUI Wallet, almost any standard computer can start mining with a simple click! You can even choose how many cores you want to mine with.
p2pool aside; yes u can (solo) mine without pool and your own node.
./xmrig -o address:port -u walletAdress --daemonaddress:port section is for node address, not pool.
And don’t forget the malicious nodes.
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.
p2pool
That’s it thanks
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 should run a node, and in the “pool” section of the xmrig config, point to localhost?
and add
--daemonto commandline or"daemon": trueto config.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
