Quote:
Originally Posted by Daniel ~ it does sound like to much fun to completely ignore.
Is there an element of chance where the little guy might win a bit...(pun shamelessly intended?) |
Ordinarily, you would mine as part of a pool. So you get a small fraction of every bitcoin found. Shares are based on how much a person contributed.
If you go solo, you could be mining for a very long time before you find 1 bitcoin currently worth over $400. You might get very lucky and mine one sooner rather than later.
But mining in a pool is by far the best way for small timers, because the costs and earnings are more easily predictable.