<p>Yielding literally "more" units of one currency compared with another isn't necessarily a good thing. Would you rather have <a href="https://www.google.co.nz/search?q=5%20us%20dollars%20to%20japanese%20yen&amp;ie=utf-8&amp;oe=utf-8&amp;aq=t&amp;rls=org.mozilla:en-US:official&amp;client=firefox-a&amp;channel=fflb" rel="nofollow noreferrer">5 Japanese Yen or 5 US dollars</a>?</p>

<p>The choice between mining solo or pooled is mainly one of variance; would you rather take a chance on trying to solve a block yourself, trying for a full block reward, or would you rather earn an amount roughly proportional to the work done (and probably pay a small fee for the privilege)? Unless you have a large amount of mining capacity, you may end up with nothing if you mine solo. Most people choose to pool mine for that reason.</p>

<p>You may find <a href="https://bitcoin.stackexchange.com/q/594/516">this question</a> of interest, discussing solo mining vs pooled.</p>

<p>When it comes to time to solve a block, that's a completely different question, but <a href="https://bitcoin.stackexchange.com/q/4219/516">this might help you</a>. It will differ depending on the currency you choose (difficulty and perhaps hashpower will be different for each).</p>

CC BY-SA 3.0
2013-04-07T19:20:37.570Z
2013-04-07T19:20:37.570Z
2017-04-13T12:47:33.743Z
Highly Irregular
<p>What you should depends on your particular situation.
The advantage of solo mining is that there is no fees, so all the credit goes to you, but if the difficulty changes before mining one block, then you've wasted recourses. (so you need to look at the average block mining time versus the expected difficulty-change-period of the currencies you're considering mining and see how much wasted mining you expect to do, with your mining rig, and if that is higher or lower then the pool fees)</p>

<p>On the other hand if the average block mining time is very small (a few seconds for some currencies sometimes like fastcoin and others) then there are going to be a lot of blocks solved during the time it takes to transfer and confirm the results, in which case the mining rig with the fastest internet connection to (wherever the results are transfered to) will have the biggest advantage (which most of the time (if not always) is the pool created by the creators of the coin).</p>

CC BY-SA 3.0
2013-08-01T00:29:41.287Z
2013-08-01T00:29:41.287Z
Jo Rijo
<p>I have a not-so-good miner in terms of mining, like with CPU mining with LTC, it goes to 15 kHash/s which is pretty low.</p>

<p>I thought nor pool mining nor solo mining will earn me much when at this speed. But what if when mining other crypto-currencies like NVC, TRC or PPC? They have a lower difficulty level and probably would yield more in solo mining.</p>

<p>Simple question is that, if I want to mine them, what should I do, solo or pooled? and Why?</p>

<p>Also, how much time approximately will it take to mine one block of any of these at this speed?</p>

<mining-pools><litecoin><mining-profitability><solo-mining><peercoin>
Solo vs Pool mining for new crypto-currencies?
Akshat Mittal
# Solo vs Pool mining for new crypto-currencies?

(Asked by: username_0 on 2013-04-07)

I have a not-so-good miner in terms of mining, like with CPU mining with LTC, it goes to 15 kHash/s which is pretty low.

I thought nor pool mining nor solo mining will earn me much when at this speed. But what if when mining other crypto-currencies like NVC, TRC or PPC? They have a lower difficulty level and probably would yield more in solo mining.

Simple question is that, if I want to mine them, what should I do, solo or pooled? and Why?

Also, how much time approximately will it take to mine one block of any of these at this speed?

**Tags:** mining-pools, litecoin, mining-profitability, solo-mining, peercoin


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## 2 answers

### Answer by username_1 on 2013-04-07. Score: 1

Yielding literally "more" units of one currency compared with another isn't necessarily a good thing. Would you rather have [5 Japanese Yen or 5 US dollars](https://www.google.co.nz/search?q=5%20us%20dollars%20to%20japanese%20yen&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a&channel=fflb)?

The choice between mining solo or pooled is mainly one of variance; would you rather take a chance on trying to solve a block yourself, trying for a full block reward, or would you rather earn an amount roughly proportional to the work done (and probably pay a small fee for the privilege)? Unless you have a large amount of mining capacity, you may end up with nothing if you mine solo. Most people choose to pool mine for that reason.

You may find [this question](https://bitcoin.stackexchange.com/q/594/516) of interest, discussing solo mining vs pooled.

When it comes to time to solve a block, that's a completely different question, but [this might help you](https://bitcoin.stackexchange.com/q/4219/516). It will differ depending on the currency you choose (difficulty and perhaps hashpower will be different for each).


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### Answer by username_2 on 2013-08-01. Score: 1

What you should depends on your particular situation.
The advantage of solo mining is that there is no fees, so all the credit goes to you, but if the difficulty changes before mining one block, then you've wasted recourses. (so you need to look at the average block mining time versus the expected difficulty-change-period of the currencies you're considering mining and see how much wasted mining you expect to do, with your mining rig, and if that is higher or lower then the pool fees)

On the other hand if the average block mining time is very small (a few seconds for some currencies sometimes like fastcoin and others) then there are going to be a lot of blocks solved during the time it takes to transfer and confirm the results, in which case the mining rig with the fastest internet connection to (wherever the results are transfered to) will have the biggest advantage (which most of the time (if not always) is the pool created by the creators of the coin).


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