Solo mining multiple machines to one wallet

Wellenreiter

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.

jimmy24651

@wellenreiter

How do you do the —rescan option on a windows machine?

Wellenreiter

@jimmy24651 said in Solo mining multiple machines to one wallet:

@wellenreiter

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’
( 2 times the - )

bluebox

@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.

jimmy24651

@bluebox

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?

Wellenreiter

@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

bluebox

“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 Berra

Take your pick.

jimmy24651

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)

bluebox

@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!).

AcidD

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.