Mining without joining a pool? (mander.xyz)

submitted 3 weeks ago by iii@mander.xyz to c/monero@monero.town

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I'm currently running xmrig, but I'd like to mine without joining a pool. I understand the tradeoffs, that I'm likely to never be the one to mine a block.

Anyone here that does the same? Or knows of a way to do that?

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[-] ReversalHatchery@beehaw.org 1 points 3 weeks ago

I mine mostly because I like the technology, and have (already paid for) CPU cycles spare.

ok but that doesn't explain why you want to do it alone. It's no worse in a pool

Plus, doing it without a pool is a bit like playing the lottery.

is that an advantage?

I should run a node, and in the "pool" section of the xmrig config, point to localhost?

I assume. I never did that, though and I don't know mymonero. but if it were me, I would run the official monero gui wallet, as it is trusted by the community, works good enough, and has an embedded monero node. or featherwallet, but that cannot run a node for you.

running a node will require a lot of storage space, though. if storage usage becomes toohigh, you can prune it so that you get back 2/3 of the space