A new solo mining pool named 'ckpoolau' has recently been launched, which is part of the CKpool network but operates independently from its global and EU counterparts.
Features of the New CKpoolau Pool
The pool is optimized for the Australian region, but it is expected to have low power and remain the lowest in hashrate among all CKpool pools due to high electricity prices in Australia.
Economic Aspects of Solo Mining in Australia
Solo mining in Australia is not cheap. Running a Bitaxe unit can cost up to 22 Australian cents per day, with odds of winning a bitcoin block estimated at once every 14,000 years. Nonetheless, some enthusiasts are drawn to this challenge.
Decentralized Approach to Solo Mining
Kolivas, the founder, who previously ran a zero-fee mining pool, sees the Australian expansion as part of a broader strategy to decentralize access to solo mining globally, even in high-cost environments.
The launch of the CKpoolau pool highlights the effort to expand access to solo mining despite the economic challenges faced by miners in Australia.
