M45Core.com
New York City, USA
Solo Bitcoin Mining Pool

Solo Mining 101

A simple guide to what the stats mean in a solo pool.

TL;DR
PAYOUT Only when you find a block
SPEED Hashrate (not shares/min)
SHARES Activity signal the pool uses for stats
REALITY Most hobby miners lose money at normal power rates

Shares/min is like counting steps

Think of mining like walking. Each share is a step you tell the pool you took. Shares per minute tells you if you kept moving, but not how heavy your backpack is.

Shares/min means nothing on its own. The pool uses shares/sec (and how hard each share was) to estimate your hashrate. Hashrate is the only number that reflects mining power.

Shares are just "I'm still here" notes - only a block earns the reward.

Footnote: why shares/min can change

The pool can raise or lower your share difficulty so you submit at a steady pace.

That means shares/min can go up or down even if your miner's hashrate is the same.

Solo vs "normal" pools

Solo mining is simple: if your miner finds a block, you get the reward. If you do not find a block, you get nothing (even if you sent lots of shares).

This pool uses split coinbase: when a block is found, it pays the miner that actually discovered it (your address is in the block; no pool wallet holding your funds).

Most other pools split rewards between many miners to make payouts feel steady. Solo mining trades that smoothing for transparency and the chance at a full block.

Reality check: most hobby miners pay more for electricity and hardware than they earn, so treat mining as a hobby rather than guaranteed income.

This link is a rough "Bitaxe-style" example: 1 TH/s at ~15 J/TH (about 15 W) and $0.12/kWh with a 2% fee. It is an approximation and cannot predict solo luck.