SoloPool.org vs. CT Pool

In a solo mining pool, each miner works autonomously, where only the individual who successfully mines a block receives the full reward, leaving others in the pool without any earnings. The duration required to locate a block is influenced by the miner's hashrate along with a degree of randomness. Once mining begins, an accurate evaluation of the average hashrate can only be made after at least 30 minutes have passed, and this assessment relies on the shares the miner submits, which may differ from what the mining software indicates. Additionally, mining pools are designed to hold your coins only for the time necessary to validate transactions and facilitate payouts. Each pool adheres to a reward mechanism connected to block discovery, known as SOLO, where rewards are exclusively given for successful block finds, without compensation for shares submitted or the time spent mining. The process of mining is quite complex and the outcomes can greatly vary; for example, a miner might uncover nine blocks while experiencing a luck value below 20%, yet simultaneously achieve a block with an extraordinary luck value of 700%, showcasing the unpredictability inherent in this field. This fluctuation in luck not only underscores the difficulties faced but also adds to the thrill associated with solo mining, where each attempt can yield vastly different experiences.

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