New to mining - Mining for 20 hours solo = 0 profit - is it normal?


#1

Hi,

I just started mining for the fun of trying something new out.

I did a set up within a linux vm and I have been mining for almost 21hours.

I got this up to now:

You have validated 105061 transactions!
You have contributed 8.4467 Sol/s on average to the network solution rate.
You have completed 329922 Equihash solver runs.

Balance is 0 and the getinifo has 0.00000

Is it normal since I am mining solo or should I have at least a little 0.000001?

Thanks for the input


#2

I think it's normal since 8,4 h/s is not a lot and their is a slow start reward so very few coins are created every block.....


#3

is there any actual test to make sure there is no error in my setup?


#4

If you are solo mining then you will only have a balance if you mine a block. Contrasted to pooled mining where you get a small trickle of ZEC proportional to what you contribute to the pool. Mining solo is more of a lottery. The current network hash rate is about 1.8mil Sol/s. So the odds of your 8.4 Sol/s finding a block before the rest of the network is pretty slim.


#5

1 chance out of 214285.. lol so should I stop or join a pool or buy some cloud mining?
Any suggestions on cloud mining?


#6

Yes, join a pool. You need 10000s of Sol/S to compete with the pools already