-9 upvotes, 4 direct replies (showing 4)
View submission: Any solo miners use one of these?
[deleted]
Comment by Sneaksketch at 01/02/2025 at 17:04 UTC
11 upvotes, 0 direct replies
My head and logical thinking is what brought me to ask the group and find a collective knowledge or experience greater than my own.
Appreciate the reply
Comment by scrub-muffin at 01/02/2025 at 17:20 UTC
2 upvotes, 0 direct replies
Couldn't you join a pool and mine a little bit by increasing their hash rate. Given the cost of the unit and the cost of power buying BTC is probably a better option, but the idea that you have to mine by yourself and constantly get nothing isn't really true.
Comment by pablo_in_blood at 01/02/2025 at 17:59 UTC
2 upvotes, 0 direct replies
They are ‘capable’ of it in a literal sense. It’s just very unlikely. As others have posted, it’s comparable to buying a lottery ticket, which a lot of people do anyway - and this has the additional positive add-on of helping to secure the network. As an investment, these things definitely make no sense, but we shouldn’t knock people for enjoying the technology and doing a bit of light gambling to boot.
Edit: btw, I do actually know someone in real life who won the lottery. It is a real thing that happens even if it’s statistically very unlikely. Again, it doesn’t make lottery tickets a ‘good investment’ but a single lottery ticket is of course ‘capable’ of being a winning ticket, it’s not a literal scam.
Comment by OffThread at 01/02/2025 at 17:12 UTC
4 upvotes, 1 direct replies
They can and have multiple [1]times before[2].
1: https://mempool.space/block/00000000000000000000f0235e50becc0b3bc91231e236f67736d64b1813704b