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0 sats \ 1 reply \ @m0wer OP 17 Jul \ parent \ on: Is Bitcoin solo mining “staying humble”? Or should BitAxes pool mine instead? AskSN
But isn't that just gambling with extra steps?
Sure, you can bet 10x in a row in the roulette and get an even higher upside.
But somehow I wouldn't do that with my own money but would spend a considerable amount for hardware and electricity to achieve something similar.
I mean what's the difference with pool mining and then betting those sats in a few years?
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0 sats \ 0 replies \ @OT 17 Jul
With a 500GH/s miner you only win about 10-15 sats per block (Ocean). You make more sats posting on SN. The only way to do it is solo mining even though it's likely never going to happen.
Someone paying for expensive equipment and spending a significant amount on their electricity bill should probably just use a pool.
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