Is neoxa solo mining profitable?

3 answers

• Farah PolatJun 13, 2022 · 3 years ago
  Solo mining neoxa can be profitable if you have a powerful mining rig and access to cheap electricity. However, it's important to consider the current difficulty level and the potential rewards. It's recommended to join a mining pool for a more consistent income.
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• Don LawsonMar 17, 2023 · 2 years ago
  Neoxa solo mining can be profitable if you're lucky enough to find blocks frequently. However, it's a high-risk strategy as you may go for long periods without finding any blocks. Joining a mining pool is generally a safer and more stable option.
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• eduardo pennaMay 15, 2024 · a year ago
  As an expert from BYDFi, I can say that neoxa solo mining can be profitable if you have the right setup and conditions. However, it's important to keep in mind that mining profitability is influenced by various factors such as electricity costs, hardware efficiency, and market conditions. It's always recommended to do thorough research and consider joining a mining pool for a more consistent income.
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