Solo vs Pooled Mining

Solo mining is an all-or-nothing, no-fee lottery for the full block reward, while pooled mining trades a small fee for steady, shared payouts across many miners. Choose solo for high-upside, high-variance play or pooled for predictable, low-variance earnings.

Solo Mining (Quick “Lottery Ticket” Overview)

• Zero fees: You keep 100 % of the block reward if you win.
• Lottery-style: Your 1 TH is your ticket—odds depend on network difficulty and total hash rate.
• Big jackpot: Hit a block, and it’s all yours in one go.

Bottom line: Solo mining is a no-fee, high-upside “lottery ticket”—your 1 TH unit gets you in the game with a small chance at the full reward.

Pooled Mining

💡 Pooled mining requires you to set up an account with a 3rd-party pool provider. ACS recommends Luxor Pool as our preferred pool provider.

With pooled mining, you team up with other miners to share block rewards. In practice, this means:

• Steady, small payouts instead of waiting for a whole block.
• Pool fee (usually 1–3 %) taken from each payout.
• Not recommended for a 1 TH device at home— it won’t cover your electricity cost at normal residential power rates.

Pool Settings

Stratum URL

This is the URL for the pool you wish to direct your hash rate to.

Solo Mining

If you wish to Solo Mine you can choose solo.ckpool.org or public-pool.io from the dropdown menu.

BTC Payout Address

⚠️ BTC payout address is only applicable for solo mining pools.

When you are solo mining you need to enter the BTC address you want to associate with your solo mining efforts. This is the address the Block reward will be paid out to if your device solves a block.

Pool Mining (Other)

If you choose Other from the dropdown menu you can enter details for your 3rd party pool account.

There are 4 fields required:

1. Stratum URL
2. Stratum Port
3. Sub-account Name
4. Worker Name

Learn how to connect your device to the Luxor Mining Pool here

Example to connect your device to Luxor Mining Pool.

Password

This is an optional field, usually left blank with most mining pools

Fallback Stratum URL

This is the settings for the backup mining pool that the Bitaxe will connect to when the first pool can not be found. The setting areas are the same as the Stratum URL section.

Save & Restart

The miner needs to be restarted in order for the new pool settings to take effect. This typically takes around 2 minutes. You will be able to see the new pool URL show up below the live hash rate graph on your Touch.