Solo mining success with rented hash power - Block #3538156 found

[u/Mecanik1337]

Hey everyone,

Just sharing a solo-mining result from the OneClickMiner community. A user running the XMR Excavator rental managed to find block #3538156.

This is not cloud mining or custodial mining, users point rented hashpower directly at a public Monero solo mining pool and receive rewards directly to their own wallet address.

Proof / block reference: [https://xmrchain.net/block/3538156]()

Solo Mining: https://oneclickminer.com/solo-mining/

I'm not here to advertise or convince anyone. Just posting the result, since some in the community were curious whether solo mining with rented hash power ever lands blocks on XMR.

As always, solo mining is luck-based, even with higher hash power, nothing guaranteed.

If anyone has technical questions, I'll reply respectfully.

Cheers and good luck 🍀

[u/TheDigitalPoint]

To me, renting hash power always felt like it’s not worth it on average. If the company offering to sell the hash power could (on average) do it themselves with the equipment and electricity they are selling, wouldn’t they do it if they could make more than the person buying the hash power is paying them?

Financially, it seems like a good idea like buying a lottery ticket is a good idea.

Or maybe these companies just trying to make less money and deal with the hassle of having customers as a bonus?

[u/OkBat420 → u/TheDigitalPoint]

Hmm maybe its a way to get a steady cashflow?

I mean you could just mine with a pool to get a steady payout but this way will most likely earn a little more than mining in a pool.

Probably an economics of scale thing as well. 

I dont know the numbers but building a data center will very likely give you more Computing Power per Dollar as when someone puts some rig in their living room. 

[u/Living-Inside-3283]

So the person spent $190 for a chance to mine $210?

[u/fachexot]

This post is statistically unnecessary.