How does a solo mining pool work?

BFGMiner is GPU/ASIC mining software that also supports solo mining using a local bitcoind ! This software will bridge our mining hardware to our local satellite Bitcoin node. For Ubuntu, all you need to do is install the dependencies and then build normally. Then build it.

In solo mining, you’d be mining for the block rewards alone . In pool mining, you’d be mining for the block rewards together with other people. In other terms, mining is similar to scavenging for treasure. You can either search for it alone or form a group of people and search for it together.

How the SOLO Mining Pool Works. SOLO mining is a type of cryptocurrency mining while using your own (or leased) hardware but without any help from other miners. If you find a solution for a block — you get the coins if you don’t — you get nothing.15 Eyl 2017

The rule of thumb I recommend is to solo mine when you have enough hash power to generate at least one block per day on average and use a pool if you have less than that.