SoloMining
6,923 views
7 Discussing
Hot
Latest
#SOL #solomining
Solana’s Weekly DEX Volume Surpasses $11B, Hitting Record High
Solana-based decentralized exchanges (DEXs) witnessed a record-breaking week. According to DeFiLlama, over $11.25 billion worth of digital assets were traded on Solana DEXs last week, a staggering 156% increase compared to the previous week. This surpasses the previous record of $9.88 billion, set in mid-December 2023.
Orca and Raydium emerged as the top contributors to this surge, boasting trading volumes of $4.5 billion and $3.52 billion, respectively, in the past seven days. Both platforms have experienced a more than 100% increase in activity compared to two weeks ago.
This surge coincides with a broader market rally, with various cryptocurrencies reaching multi-month highs. SOL gained 30% in a week, reaching a 22-month peak by the end of last week. Additionally, popular Solana-based meme coins like Bonk (BONK) and Dogwifhat (WIF) have also seen significant gains.
While the trading volume on Solana DEXs is impressive, it's important to note that the total value locked (TVL) within the Solana ecosystem remains considerably lower than its all-time high. Currently, the TVL sits at around $2.6 billion, according to DeFi Llama, significantly less than the $9.9 billion peak reached in November 2021
Solana’s Weekly DEX Volume Surpasses $11B, Hitting Record High
Solana-based decentralized exchanges (DEXs) witnessed a record-breaking week. According to DeFiLlama, over $11.25 billion worth of digital assets were traded on Solana DEXs last week, a staggering 156% increase compared to the previous week. This surpasses the previous record of $9.88 billion, set in mid-December 2023.
Orca and Raydium emerged as the top contributors to this surge, boasting trading volumes of $4.5 billion and $3.52 billion, respectively, in the past seven days. Both platforms have experienced a more than 100% increase in activity compared to two weeks ago.
This surge coincides with a broader market rally, with various cryptocurrencies reaching multi-month highs. SOL gained 30% in a week, reaching a 22-month peak by the end of last week. Additionally, popular Solana-based meme coins like Bonk (BONK) and Dogwifhat (WIF) have also seen significant gains.
While the trading volume on Solana DEXs is impressive, it's important to note that the total value locked (TVL) within the Solana ecosystem remains considerably lower than its all-time high. Currently, the TVL sits at around $2.6 billion, according to DeFi Llama, significantly less than the $9.9 billion peak reached in November 2021
Introducing Bitaxe Supra with the BM1368
Solo Satoshi released a video of Bitaxe Supra with BM1368, a home-scale and open-source mining machine that is easy to set up at home and available with the use of wifi. It has a 15 - 18 watts of electricity usage with a capacity to hash for 733 GH/s.
If you buy this model, the stand will be included as well.
Are you ready for solo mining 🔥
#Bitaxe #solomining #houseminer #BTCmining
$BTC $STX $ORDI
Solo Satoshi released a video of Bitaxe Supra with BM1368, a home-scale and open-source mining machine that is easy to set up at home and available with the use of wifi. It has a 15 - 18 watts of electricity usage with a capacity to hash for 733 GH/s.
If you buy this model, the stand will be included as well.
Are you ready for solo mining 🔥
#Bitaxe #solomining #houseminer #BTCmining
$BTC $STX $ORDI
Mining Pool vs. Solo Mining: Why Teamwork Wins?
There was a time when solo mining was profitable—you found a block, got the reward, life was good! But times have changed. Today, network difficulty has skyrocketed to the point where mining alone is like trying to catch a golden fish in the ocean.
Why is a mining pool better?
Stable income – Instead of rare big payouts, you receive regular rewards for contributing to the total hashrate.
Less downtime – Strong pools ensure stable operation and distribute the load efficiently.
Lower fees – Exchange-backed pools or large platforms offer competitive conditions, often with bonuses.
I was curious to run a small poll on Reddit to see what miners are using, and I was pleasantly surprised by the positive feedback on WhiteBIT new mining pool, White Pool. I wouldn’t say I was shocked, but it's impressive to see them succeed in such a competitive niche. Apparently, they’re doing a great job—kudos to them!
Sure, solo mining gives you a chance at a huge payday, but in 2024, it’s more of a lottery 🎟️ than a strategy. If you want stable earnings instead of relying on luck, a mining pool is your best friend.
#SoloMining #miningpool #miningBTC #CryptoExchange
There was a time when solo mining was profitable—you found a block, got the reward, life was good! But times have changed. Today, network difficulty has skyrocketed to the point where mining alone is like trying to catch a golden fish in the ocean.
Why is a mining pool better?
Stable income – Instead of rare big payouts, you receive regular rewards for contributing to the total hashrate.
Less downtime – Strong pools ensure stable operation and distribute the load efficiently.
Lower fees – Exchange-backed pools or large platforms offer competitive conditions, often with bonuses.
I was curious to run a small poll on Reddit to see what miners are using, and I was pleasantly surprised by the positive feedback on WhiteBIT new mining pool, White Pool. I wouldn’t say I was shocked, but it's impressive to see them succeed in such a competitive niche. Apparently, they’re doing a great job—kudos to them!
Sure, solo mining gives you a chance at a huge payday, but in 2024, it’s more of a lottery 🎟️ than a strategy. If you want stable earnings instead of relying on luck, a mining pool is your best friend.
#SoloMining #miningpool #miningBTC #CryptoExchange
See original
Lone Bitcoin Miner Hits 'Jackpot' of 266,000 USD – Luck or Strategy?
A lone Bitcoin miner has just achieved a milestone by successfully processing a transaction block without participating in a mining pool, thus receiving a reward worth 266,000 USD. This is a rare event in the world of Bitcoin mining, leading many to wonder: Is solo Bitcoin mining truly feasible, or is it just luck?
Details of the Lone Miner’s 'Jackpot'
Last Friday, an anonymous miner successfully processed Bitcoin block number 888,737. This block contained 2,327 transactions, and the reward this miner received included:
Details of the Lone Miner’s 'Jackpot'
Last Friday, an anonymous miner successfully processed Bitcoin block number 888,737. This block contained 2,327 transactions, and the reward this miner received included:
Are you a #NerdMiner enthusiast and love solo mining? Now you can use our service to solo mine starting from just €1.99!
Learn more and start mining today! findtheblock.com
#SoloMining #Bitcoin #CryptoMining #BTC
Learn more and start mining today! findtheblock.com
#SoloMining #Bitcoin #CryptoMining #BTC
Login to explore more contents