Solo mining multiple machines to one wallet
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Ok…
I have decided to go ahead and pull the trigger on solo mining. I have been using give- me-
coins since I started this mining adventure, and I have been royally screwed…I have solved 39 blocks for them, and have only been paid out 1,093 coins. With a 40 coin block reward, it’s not difficult to see why I’m ready to spread my wings…
This is my question:
I have 3 rigs running, but I would like to have them all mine into one desktop wallet. I have all of the machines on the same network. I currently have the wallet on this PC, and I have 2 cards in this PC solo mining successfully.
Making it as clear and concise as possible, how to I need to structure my feathercoin.conf file on this machine to accept the other machines, and to what location would I steer the miners on my other 2 machines to make this work?
Please make any answers easy to understand!! I have learned a lot about all of this so far, but I still don’t know much! =o)
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Yo, because you are solo mining…you dont really need to have them all mining to one client unless you really want to.
With solo mining there’s no concept of shares or stratum so there is no advantage to “pooling” solo miners. Simply install the client and a miner on each machine. Point the miner at the local client and start mining.
While you can have all the machines pointed to a single client (just give the miner the machine-name or LAN IP address of machine w/ feathercoind/wallet) doing so introduces a single point of failure. If the machine with the wallet goes down you lose the entire mining network until you fix it. If each machine is using a local feathercoind/wallet and it goes down you only lose 1/3rd of the network.
If you feel you must have centralized control I would strongly recommend setting up a private pool and pointing all your rigs towards that. While you still have a single point of failure the server can be simplified to only run the client and pool daemon with no other applications. That combined with no OpenCL/GPU driver complexity and no massive heat/power draw should result in a more stable single point of failure. If your rigs are no climate controlled (warehouse). The pool server could be put in a clean climate controlled enviroment which should improve uptime. While I strongly recommend fully decentralizing your rigs I would consider this option rather than pointing multiple rigs to same wallet on one rig. Of course it makes more sense the more rigs you have.
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Yeah…I did some reading after making this post which convinced me not to mine this way, because if my host computer went down (update, breaker trip, etc), then my other rigs would be mining for nothing.
The main reason that I wanted to do it that way was so that I wouldn’t ahve to wait for the blockchain to download again…HA!!!
I went ahead and downloaded the wallet onto each of my other machines, and have been patiently (not so much) waiting for it to download. I think the first one I did is now and 3 weeks…hopefully I don’t have much longer.
Thanks for the reply, though, man!
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If you have the blockchain downloaded to one machine, you can copy feathercoins data directory to the other machines and remove the contained wallet.dat file from those machines before starting feathercoind/feathercoin-qt with the --rescan option.
That way you don’t have to download the full block chain again.
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How do you do the —rescan option on a windows machine?
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@jimmy24651 said in Solo mining multiple machines to one wallet:
How do you do the —rescan option on a windows machine?
The simples way is to open a cmd window, change to the feathercoin binary’s directory and start feathercoin with the rescan parameter: ‘feathercoin-qt.exe --rescan’
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@jimmy24651 said in Solo mining multiple machines to one wallet:
I have been using give- me-coins since I started this mining adventure, and I have been royally screwed…
I have solved 39 blocks for them, and have only been paid out 1,093 coins. With a 40 coin block reward, it’s not difficult to see why I’m ready to spread my wings…
Not to belabor the point (I think I answered you in another thread), but just because you are noted as the solver of a block in a pool doesn’t mean you get the entire block reward.
All miners in a pool contribute their hash power to find the solution, and are given a percentage of the block reward based on that relative compute power, a.k.a share rate.
If it wasn’t done that way, then a pool wouldn’t be a pool; it would be the same thing as solo mining.
You weren’t getting screwed.
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I really don’t understand what you are having trouble understanding here…let me say it again, one more time, and hopefully you’ll understand my point…hopefully…
While I was mining into the give-me-coins pool, I solved 39 blocks. 39 blocks. These are the same 39 blocks that I would have solved if I had been solo mining…only…I wasn’t solo mining. I was mining with a pool. Since I was mining in a pool, I had to split these 39 blocks with the other miners in the pool. Yes, I TOTALLY understand that all the other solved blocks were split with me as well, but that is irrelevant. If I had solved those 39 blocks solo, I would have almost 1600 coins. Instead, since I was in a pool, I ended up with 1,093.
Where’s the disconnect? Do you think that I don’t understand what I’m talking about, or are you just vehemently against solo mining for some reason?
The simple math says that on a long enough time line (in my case, about a month and a half), I will come out on top by solo mining. YOU may not, and that’s fine. YOU don’t have to…but I will… I have now witnessed it with my own 2 eyes…plus, you know, the whole decentralization thing is quite appealing as well…but what do I know?
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@jimmy24651 said in Solo mining multiple machines to one wallet:
Do you think that I don’t understand what I’m talking about, or are you just vehemently against solo mining for some reason?
Gentlemen, please cool down.
There also misunderstandings due to the fact that a high number of members are not native english speakers.I think both of you are right, so no reason to fight here
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“You are entitled to your opinion. But you are not entitled to your own facts.”
― Daniel Patrick Moynihan“Neither comprehension nor learning can take place in an atmosphere of anxiety.”
— Rose Kennedy“I wish I had an answer to that because I’m tired of answering that question.”
—Yogi BerraTake your pick.
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I don’t want to beat a dead horse, but I do want to share a FACT which I have found since I started solo mining.
Today, I mined my 1000th coin since I started solo. The first day that I put the miners working solo was January 7th. I will politely allow you to do your own math. After you do your own math, I will politely allow you to come to your own conclusion about whether or not I should’ve chosen to solo mine. Regardless, I am happy that I did!! =o)
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@jimmy24651 said in Solo mining multiple machines to one wallet:
I don’t want to beat a dead horse, but I do want to share a FACT which I have found since I started solo mining.
I never passed any judgement in choosing solo vs. pool. My posts are still there to read, I don’t delete posts.
Today, I mined my 1000th coin since I started solo. The first day that I put the miners working solo was January 7th. I will politely allow you to do your own math. After you do your own math, I will politely allow you to come to your own conclusion about whether or not I should’ve chosen to solo mine. Regardless, I am happy that I did!! =o)
Pool: 110 coins per day. (That’s what you said).
Solo: 1000 coins ÷ 14 days = ~72 coins per day… :man_shrugging:
I’m not at all dissing your decision to solo mine, Jimmy. Look, you’ll probably hit some better luck solo mining and hit three blocks a day, who knows. I’ve merely been pointing out that the “blocks solved by you” stat on the pool site is just that; a stat, meaningless in a pplns reward scheme. At this point I’ll defer to the mods and call a truce here. ;) :grinning:
By the way, I don’t do windows mining any more, but if you’re willing to learn and use linux you could easily get ~780 MH/s out of each of those 1060’s. I’ll keep updating my analysis and can show how it was all done (when I get the time!).
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Both of you are right, both of you are wrong. xd
This really is just a mater of how lucky the mining rigs are. :-)
if you solve 39 blocks at a pool or 39 blocks solo, you will obviously get more as a solo miner because you dont need to split the reward with anyone.
one of the benefits of mining at a pool is that you are somewhat protected if the difficulty shoots up a lot, where as a solo miner you’re still on your own localised hashrate…if you factor “luck” the same solo miner with the same hashrate could be incredibly lucky and mine the same or more blocks than a pool even if the difficulty was higher…it’s very very unlikely but it’s not impossible…and if you looked over a 1 month period then it would still look like it’s profitable to solo mine.
