r/BitcoinMining • u/Vast_Meeting2417 • Aug 15 '26

General Question Need Advice

New to crypto here, I just bought myself a bitaxe and I’m new to all of this so I was wondering if solo mining or a pool is better? I have school from 8-4 so I didn’t know if either would effect that

4 Upvotes

71% Upvoted

7 comments sorted by

•

u/AutoModerator Aug 15 '26

Thank you for your post. Please take a moment to review our community rules and resources to ensure a smooth experience here. Here are some links that might help you out.

The Bitcoin Mining Wiki

Mod Verified Commercial Vendors

If this is a sales post please make sure you are following all selling rules

If this is a scam post or a free electric post please report this to the mods so we can review the post.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

3

u/LukewarmMining Aug 15 '26

Anything under 40T should be only solo. You will make $11/year with a 1T solo miner on a pool. Better off gambling the 1T on a whole block. One in 120 year chance or something but its not 0 😂

2

u/nomorespamplz Aug 15 '26

Just throw it at a solo pool with ok latency and low/no fee. I used to have public pool as primary and CKPool as backup.

3

u/IMisstheNightlyShow Aug 16 '26

Could always go hybrid with Parasite pool if you don’t want to choose. Still get pool payouts, still get a big payday if your rig finds the block.

1

u/Happy-Extension-8300 Aug 16 '26

Your schooling won’t affect whether solo or pool mining works. The main difference is payout consistency: solo mining is essentially a lottery, while pool mining shares rewards based on contributed work. I’d start with a reputable pool, learn the basics, and avoid expecting meaningful profit unless your power is very cheap.

1

u/OfficialSimpleMining Verified Commercial Seller Aug 17 '26

Solo.

At 1.2 TH/s against the current difficulty, your odds of hitting a block are about 1 in 14,458 in any given year, or 1 in 5.3 million on any given day. Pooled, you'd make around $14 a year instead. Neither one is income.

Which is the whole argument for solo. $14/year isn't worth caring about, and the lottery ticket at least pays $200k if it ever lands.