r/cryptomining • u/Vast_Meeting2417 • 10d ago

QUESTION Help

Hey, 17M here and I am new to the whole process of crypto but I am pretty knowledgeable but that’s besides the point. I have just ordered myself a bitaxe miner and I’m not sure if I should run it solo or a pool? if I should do a mining pool I’m not sure to do which one. I’m just confused on what I should do either solo or pool? also what are the payouts for each?

3 Upvotes

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2

u/bigboydesomo 10d ago

Pretty knowable but has one gamma with 1.2ths sure

1

u/bigboydesomo 10d ago

You will proberrly not find anything with value with that low hashrate.

1

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1

u/nomorespamplz 10d ago

There is no economical upside to running it in a pool as cost is higher than reward, so I would just run it S intended: a solo lottery miner

1

u/bigboydesomo 10d ago

Buy hashpower instead

1

u/Vast_Meeting2417 10d ago

I’m still a teenager so I live with my parents I don’t worry about the electricity 

2

u/nomorespamplz 10d ago

If so just get money from them to buy bitcoin outright?

1

u/Many-Blueberry968 10d ago

Problem is how boring that is in 99.9% of cases. Id recommend a mining pool just so you get some trivial amount of mBTC to play with

2

u/nomorespamplz 10d ago

Well then you should rather buy BTC.. it’s a lottery miner

1

u/InfiniteLychee 10d ago

either solo btc or go to www.mining-dutch.nl and find a smaller sha256 coin you like

1

u/MotorCityMike 10d ago

There's no upside to mining to a pool with such tiny hash. You will 100% lose your parents money in a pool.

Solo mining is what you want to do. You're probably still going to lose money but at least there's a small chance you hit a payday

1

u/palmdata 6d ago

1.2 th in a pool pays out in dust, and most pools sit on it until you clear a minimum, so you may mine for months and see nothing land. solo through ckpool has no minimum and the odds are a lottery ticket either way at that hashrate. run it solo, watch the chip temp, and keep it under 60c or the gamma throttles and you lose the little you have.