When people think of Bitcoin mining, the image that comes to mind is often a warehouse full of screaming Antminers, massive power bills, and centralised mining pools swallowing up rewards. In a high-cost country like Singapore, many would assume that crypto mining is a losing game — especially when electricity rates are among the highest in Asia.
But here’s the plot twist: solo mining — yes, the "lottery-style" version of mining — might just be the smarter, leaner, and more efficient play in the Lion City.
Let’s unpack why.
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⚡ Singapore’s Electricity Reality
Let’s get one thing out of the way: Singapore’s average residential electricity rate is around $0.27 SGD/kWh, and it can be higher for commercial accounts.
Here’s what that means in practice:
Miner Power Draw (W) Monthly Cost (24/7) Cost @ $0.27 SGD/kWh
Antminer S19 (110 TH/s) 3250 W ≈ 2,340 kWh ≈ $632 SGD/month
Bitaxe Gamma (1.2 TH/s) 30 W ≈ 21.6 kWh ≈ $5.83 SGD/month
NerdMiner V2 (55 MH/s) 1.5 W (USB) ≈ 1.08 kWh ≈ $0.29 SGD/month
Let that sink in — a NerdMiner can mine solo all month for under 30 cents.
So how does this play into the solo vs pool mining debate?
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⚔️ Solo Mining vs Pool Mining: Strategic Breakdown
Feature Pool Mining Solo Mining
💸 Cost per Month (ASIC) $600+ (ASIC, 3kW) $0.30 – $6 (low-watt devices)
⚡ Power Efficiency Low (needs serious hash to profit) High (ultra-low power devices shine)
💰 Reward Type Fractional payouts Full block reward (jackpot if lucky)
🔐 Privacy & Custody Pool sees wallet & stats Full control, no exposure
🧠 Technical Difficulty Plug & play Slightly more complex
🎯 Ideal For Consistent income seekers Decentralized believers, hobbyists
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🎰 Why Solo Mining Wins in Singapore
1️⃣ Low Electricity, Big Potential
With power-efficient miners like the Bitaxe Gamma or NerdMiner V2, you can mine for less than a kopi-o per month. In contrast, even a single Antminer could run you over $600/month — and you’d still need to pool-mine just to break even.
If your NerdMiner or Bitaxe Gamma hits a block solo? That’s 6.25 BTC (≈ SGD $500,000 as of June 2025). A low-cost, high-upside lottery — powered by just a USB plug.
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2️⃣ No Pool Fees or Middlemen
Solo miners skip:
Pool fees (1–3%)
Withdrawal fees
Shared rewards
You mine to your own wallet, your own rules. And with decentralized pools like SoloMining.io or Public Pool IO, you don’t even need to run a full node.
Or — take it a step further and host your own public solo pool using Umbrel + a static IP. At SoloRigs.com, we’ll soon offer that setup too.
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3️⃣ Perfect for Urban Living & Education
Singapore is compact, hot, and regulated. Running an S19 in your HDB flat? Not practical.
But a Bitaxe fits in your hand, and a NerdMiner looks like a geeky desk toy. These rigs are:
Whisper quiet
Low heat
Safe for kids & schools
Great for educational kits, youth programs, or hands-on crypto demos
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4️⃣ Brand Power: Be the Decentralization Hero
When you solo mine, you’re not just mining Bitcoin — you’re upholding the ethos of decentralization. You’re doing what Satoshi envisioned: a peer-to-peer, fair, global system without central points of control.
And that’s the spirit behind SoloRigs.com — helping everyday people reclaim mining, one micro-rig at a time.
📣 Final Word
In Singapore, pool mining is a rich man’s game with low returns. But solo mining — done smartly — is a high-conviction bet on decentralization, wrapped in low power and high reward potential.
If you believe in Bitcoin, decentralization, and innovation — stop renting your hashpower to a pool. Solo mine. Own your journey.
> 🎯 Start your solo mining journey today at SoloRigs.com — where every block you find is 100% yours.