Mining Ethereum without pool: understanding of prizes and process
Being the second largest cryptocurrency of market capitalization, Ethereum is becoming increasingly popular among miners who want to use the growing demand. However, the extraction without a swimming pool is not as easy as it may seem. In this article, we deepen the configuration process of mining operations, asking for successful blocks and understanding how Bitcoin prizes are distributed.
CGminer configuration without pool
To extract Ethereum without a pool, you need to use a dedicated hardware device as a graphic card or on request. Here is a step -by -step guide to configure CGminer during solo extraction surgery:
- Download and install CGminer : Visit the official CGminer website ([www.gminer.org] ( and download the software of the selected operating system.
- Configure Górnik : Follow the installation instructions to configure Górnik with the address of Ethereum, mining parameters and other settings.
- Connect to the Ethereum network: use a tool like Electrum or Myetherwallet to connect to Głównegonet Ethereum and configure the wallet.
- Perform the extraction process : Start the CGminer software and start the extraction process.
Request for successful blocks
When you successfully extract the Ethereum block, you will be assigned the new Ether (ETH) in exchange for the calculation force. To request a prize:
1.
- Use the “Blockhash
: Start the" Blockhash in CGminer command to obtain a new block of quick choice. This is necessary to win a prize.
- Heads Award using the “Ethfromaddress` *: Use the” Ethfromaddress “command to transfer the ether from your wallet to the selected bitcoin address (BTC).
Sending BTC prizes
To send Bitcoin Awards, follow the following steps:
- Use the exchange of cryptocurrency : select a replacement such as coinbase or binance to buy BTC with ETH.
- Financia your Bitcoin account : Eth Speap received on the Bitcoin wallet.
3.
Additional considerations
Before setting a mining operation without a pool, remember:
* Costs of the equipment : The cost of the equipment can be significant, especially in the case of personalized platforms.
* Energy consumption : Extraction consumes significant quantities of energy that can contribute to greenhouse gase emissions and increase electricity bills.
* Safety risk : As for any cryptocurrency transaction, there is a safety risk during the transfer of online funds.
In summary, Ethereum’s extraction without a pool requires careful planning, investments in the equipment and understanding of the premium system. Although this may not be the most profitable option, it can still provide decent income for people willing to invest time and resources to establish solo extraction operations.