FLUX solo mining

While ethereum’s mining difficulty is not as high compared to bitcoin, it is still a difficult, energy and computationally intensive process that discourages the average person. However, a lot of solo miners remain in the ethereum ecosystem and continue to make a profit from their mining activities .

Although in solo mining, it is hard to find blocks, it can offer users the highest returns over time than pool mining can offer. However, the process will depend on multiple factors; hence solo miners must maintain their patience .

For someone to mine solo, one must first create a full node and communicate directly with the blockchain . This is what mining pools actually do. Mining pool operators will set up a bitcoin node (or any other cryptocurrency’s node) and act as a single miner. Only that this miner will have absurdly high hashing power.14 Oca 2022