What Is SOLO Mining? Why Is It Called “Lottery-Style”?
1. What Is SOLO Mining?
SOLO mining, short for Solo Mining, means you don’t join a shared hash rate pool.
Instead, you either run your own full node or connect to a SOLO mining pool.
Your hash power directly competes in the network’s block-finding race.
If you find a hash that meets the difficulty target, you earn the entire block reward.
If you don’t — you get nothing.
That’s the essence of SOLO mining: high risk, high reward.
2. Why Is It Called “Lottery-Style”?
SOLO mining is compared to a lottery because the result is unpredictable and depends entirely on probability.
But here’s the difference:
Lottery → You buy a ticket and wait for a single draw.
SOLO Mining → Your miner keeps “drawing” continuously by trying hashes until a new block is found.
3. How to Understand the “Drawing Frequency”?
In the Bitcoin network, a “draw” happens every time a new block is created:
On average, 1 block every 10 minutes
That’s about 52,560 draws per year (365×24×6)
All miners worldwide are participating in the same global lottery at each block interval.
Whether you “win” depends on your share of total network hash power.
The higher your hash rate, the more “tickets” you have — but winning still depends on luck.
4. Two Ways to SOLO Mine
Independent Node
Fully decentralized — you handle block broadcasting and reward collection yourself.
SOLO Pool
Easier to connect, lower maintenance difficulty.
But the probability and reward logic remain the same.
5. Summary
SOLO mining is like buying lottery tickets — the outcome is purely based on probability.
However, this “lottery” isn’t occasional — it’s a continuous process driven by blockchain:
1 draw every 10 minutes
52,560 chances per year
You can mine via an independent node or a SOLO pool — the core logic stays the same.
High risk, high reward. It’s worth a try — but don’t rely on luck alone!
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