The High Stakes of Solo Mining: Lessons for Crypto-Friendly SMEs and Blockchain Payroll Solutions
Solo mining in crypto is a gamble with potentially life-altering payouts, yet the rarity of such wins holds essential lessons for crypto-friendly SMEs. This article delves into the financial aspects of solo mining and offers strategic insights for businesses operating within the crypto space. Learn how to navigate risk and reward optimally while refining your operational strategies in this ever-changing environment.
The Rarity of Solo Mining Wins: A Crypto Contractor Payment Perspective
Think of solo mining as a lottery, but with very low odds. The Bitcoin network’s hashrate is staggeringly high, making it tough for solo miners to hit those block rewards. To put it in perspective, a miner boasting a hashrate of 1 PH/s has only a 1 in…
