That's not how it works in this case. Solo CK isn't a traditional pool where they pay out proportionally, you still get the block reward sent to a solo address.
Solo CK just provides the service of managing a node and creating block templates as well as sending work to miners. Solo mining on your own node is cool but most solo miners aren't well equipt to do extensive testing on latency and uptime to make sure they are maximizing their reward potential.
Whoever runs Solo CK takes 2% for this service and it goes to a separate address in the coinbase transaction. Check the pool history to see how this works.
Replies (5)
You don't have to use a pool to mine. Sounds like solo ck just threw a bunch of fancy words to scam you out of 2% worth of your hashrate. There is nothing different about any of those things you mentioned. Any money firmware she's that for you. You don't need a pool to do any of that
There is no such thing as testing latency and uptime. Bandwidth for mining is extremely low. There is no maximizing rewards if you are solo mining. You only get one reward. The block reward if you get it.
Sorry, Maximum valid work* and you are correct but from my experience I wouldn't feel confident that I would be consistently online without bi-weekly outages
From their site: "...running a full bitcoin node that requires both great storage and bandwidth..."
That's just not true. If it were, Bitcoin wouldn't be decentralized. It's a flat out lie.
Noted, your input is appreciated. I have had some problems with my lightning node going down unexpectedly and since I don't check it daily I perceived value in a pool service.
