Solo mining Bitcoin is lottery mining, but not all lottery mining is done solo. Mining is the process in which new blocks of transactions are constructed and added to the blockchain. The "work" miner's do requires computers with specialized chips (called ASIC's), designed to do one thing, hash the sha256 hashing algorithm. The incentive for adding a new block of transactions to the chain is called the block reward. The block reward is the "proof" this work was done.
Miners from all over the world compete about every ten minutes on average for the next block reward, 24 hours a day, 7 days a week. Learn more about what's involved, and how to lottery mine Bitcoin »
Are you going to hit the Bitcoin lottery one day? Want to know what it takes to solo mine Bitcoin and if it's right for you? Join the lottery mining revolution and get started today, the information is free. Learning about Bitcoin takes time and is a continuous process, we are here to help you, lottery mining makes it fun and exciting for everyone. This is not a get rich quick scheme, learn how you can contribute to and participate in the Bitcoin network by solo mining today.
Bitcoin solo lottery mining requires a plan, money, knowledge, patience, equipment, electricity, and depending on the size of your home operation you will also need a quiet space, cooling and ventilation. All of this is going to be an investment of your time and money so you will need to determine a budget and how much you want to invest. This will be a different amount for everyone, simply because of our life circumstances, DIY skills, gear, knowledge and responsibilities vary greatly. Learn how to determine what's right for you.
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