Solo mining involves mining cryptocurrency alone. This may mean that you own all the coins that you mine. However, you must have your own hardware for that. So, what are some of advantages of solo mining?
Solo mining involves mining cryptocurrency alone. This may mean that you own all the coins that you mine. However, you must have your own hardware for that. So, what are some of advantages of solo mining?
I think solo mining will be very good because only the miner owns every thing he mines, if he mines plenty coins, he owns every thing all by himself, he would not be worried about sharing anything with anyone else.
Solo mining gives you full control over your mining process. This is a major benefit. However, when it comes to making profits, solo mining is not so great. THis is the major disadvantage of solo mining.