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10 sats \ 2 replies \ @kingzing131 11 May \ on: Bitaxe miner pros and cons ?? 🤔 bitcoin_beginners
It only earn like 32sats per day, so the ROI is non existent. Solo mining is the way to go, but then the chances to win a block is astrologically low.
Personally I started off solomining but changed to pool mining later on. Helps me to zap some SATs without needing to move SATs around from onchain
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0 sats \ 0 replies \ @cristaiji OP 11 May
That's really helpful info. Thanks.
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0 sats \ 0 replies \ @allmightyrandom 11 May freebie
This is really low. And you can withdraw from pool at any time with lightning? I started the other way around. But stopped solomining some time ago. If your hashrate is constant you can sell it to plebs on a daily basis. They probably pay you more. Or you can make some special deals like 1-10% of blockreward go to you if a block has been found. What if your Bitaxe really finds a block while mining for a pool that pays you 32sat a day and even keeps 2% of it? It is not impossible.