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Between April, 2015 and April, 2016 I have found 18 blocks, totaling 450 coins. With today’s rates that would equate to $201,600.00, for those of you who are skeptical I will provide links in this book to show you the generation transactions on the blockchain.
Recently 25 bitcoins would be worth $11,000.00, plus or minus depending on the worlds markets, and is how much you would earn if you found a block now.
With solo mining, it is possible to spend $5.00, or .01BTC to create an order while renting only 5 TH and being lucky enough to find a block worth over $11,000.00, I’ve done it twice and have seen others on the solo mining pool I’m going to tell you about do it as well.
In this game, you can turn $100 into $50,000 in a matter of days, and you can also turn $50,000 into $0.00 in a couple of days as well. No matter how much you start off with, if you find a block, now you will have to choose whether to walk away with 25 bitcoins, or take them and try your own strategy to multiply your winnings. The strategies for solo mining are endless, in this game you make your own luck.
This is why some people compare solo mining to playing the lottery, Whether you are lucky and find a block or not will depend not only on how much you are willing to risk, but also which address you are mining to, when you begin, and how long you try.

Why is Solo Mining similar to playing the lottery?

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  • Q+A with Andreas Antonopoulos – Author of Mastering Bitcoin: Unlocking Digital Cryptocurrencies
  • Bitcoin for Beginners
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  • Mastering Bitcoin Unlocking Digital Cryptocurrencies
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  • Mastering Bitcoin Unlocking Digital Cryptocurrencies
  • Mastering Bitcoin Unlocking Digital Cryptocurrencies
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Join the technological revolution that’s taking the world of finance by storm. Mastering Bitcoin is your guide through the seemingly complex world of bitcoin, providing the knowledge you need to participate in the internet of money. Whether you’re building the next killer app, investing in a startup, or simply curious about the technology, this revised and expanded second edition provides essential detail to get you started.

Bitcoin, the first successful decentralized digital currency, is still in its early stages and yet it’s already spawned a multi-billion dollar global economy. This economy is open to anyone with the knowledge and passion to participate. Mastering Bitcoin provides the knowledge. You simply supply the passion.

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  • How Bitcoin Works Under the Hood
  • Bitcoin Internals A Technical Guide to Bitcoin
  • Bitcoin Internals A Technical Guide to Bitcoin PDF
  • Bitcoin Internals A Technical Guide to Bitcoin PDF
  • The Bitcoin and Blockchain Technology Explained
  • Bitcoin – Transaction block chains
  • How Bitcoin Works Under the Hood
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  • Solidity in 2 Minutes
  • Bitcoin – the most dangerous open source project
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"There are three eras of currency: Commodity-based, politically-based, and now, math-based." – Chris Dixon, Internet Entrepreneur and Investor (as quoted by bitcoin.org)

"Bitcoin will do to banks what email did to the postal industry" – Rick Falkvinge, IT Entrepreneur

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  • Understanding Bitcoin Cryptography, Engineering and Economics The Wiley Finance Series
  • Understanding Bitcoin Cryptography, Engineering and Economics The Wiley Finance Series
  • Understanding Bitcoin Cryptography, Engineering and Economics The Wiley Finance Series
  • Understanding Bitcoin Cryptography Engineering and Economics The Wiley Finance Series
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Discover Bitcoin, the cryptocurrency that has the finance world buzzing

Bitcoin is arguably one of the biggest developments in finance since the advent of fiat currency. With Understanding Bitcoin, expert author Pedro Franco provides finance professionals with a complete technical guide and resource to the cryptography, engineering and economic development of Bitcoin and other cryptocurrencies. This comprehensive, yet accessible work fully explores the supporting economic realities and technological advances of Bitcoin, and presents positive and negative arguments from various economic schools regarding its continued viability.

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Bitcoin is the first digital currency in human history that does not require a central clearing authority. The technological implication of this invention is profound: it opens the possibility of building a completely distributed financial system where no centralized authorities are needed to conduct financial transactions.

This book is the ultimate answer to the often asked, but even-more-often unsatisfactorily answered question: HOW DOES BITCOIN WORK?

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