When it comes to mining Ethereum, there are two options: solo mining and pool mining. In this article, we will focus on solo mining with Awesome Miner.
Solo mining means that you are mining by yourself and not with a pool of other miners. When you solo mine, you have a greater chance of finding a block and receiving the full reward for that block.
However, solo mining is more challenging and may take longer to find a block.
Awesome Miner is a popular choice for solo miners as it has many features that make it easy to use and manage your mining operation. Awesome Miner can be used to monitor and control your Ethereum miners, as well as other crypto miners such as Bitcoin and Litecoin.
To get started with Awesome Miner, you first need to download and install the software. Once installed, you will need to create a new Ethereum miner profile.
To do this, click on the “Add/Edit” button in the “Ethereum” section.
In the “New miner profile” window, give your miner a name and select the “Solo mining” option. Then enter the URL of your Ethereum node, which you can find in your node’s configuration file (usually called “node-config.
json”). Finally, enter your Ethereum address so that rewards can be paid out to you.
Once your profile is created, you can start mining by clicking on the “Start Mining” button. Awesome Miner will then start connecting to your node and begin searching for blocks.
When a block is found, the reward will be paid out to your Ethereum address.
Mining Ethereum solo with Awesome Miner is a great way to earn rewards for supporting the network. However, it is important to remember that solo mining is more challenging than pool mining and may take longer to find blocks.