How to get a Bitcoin address for solo mining
Why you need your own address first
SoloLuck is true-solo and non-custodial — we never hold your coins. Your Bitcoin address is your miner username, and if your rig solves a block the network pays the whole reward straight to that address. So before you mine, you need a Bitcoin address that you control. The good news: getting one is free and takes a few minutes.
Which address type to use
Use a modern native SegWit (bech32) address — it starts with bc1q and gives the lowest fees and the widest support. Taproot addresses (bc1p…) are also fully supported and paid the same way. Older addresses starting 1… or 3… still work, but bc1q is the safe default, and every wallet below can give you one.
Option A — easiest: a Coinbase (or exchange) address
If you already use an exchange like Coinbase, you can mine straight to its receive address:
- Sign up and verify your account.
- Open Send & Receive → Receive → choose Bitcoin (BTC).
- Copy the address it shows (it usually starts with
bc1).
Be aware (honest caveats): an exchange holds the keys for you, so the coins aren't fully in your control; some exchanges rotate the address or restrict mined ("coinbase") deposits; and a freshly-mined block reward needs 100 confirmations (~16–17 hours on average; actual time varies) before it can be spent. Not recommended even for a trial — a solo block can land long after the exchange has rotated or stopped watching that address, and many exchanges reject direct coinbase (mining) deposits. Use the self-custody option.
Can I mine to an exchange (Binance / ByBit / Coinbase) address?
Yes — technically any valid Bitcoin address is eligible, including an Indodax, Coinbase or other exchange deposit address. SoloLuck never whitelists or blocks addresses: whoever’s address is in the block that gets solved is paid by the network, on-chain. That is what fair means here.
But we don’t recommend it, and here is the honest why:
- Exchange deposit addresses can rotate or be retired. A solo block can be months or years away — by then the exchange may no longer watch that exact address, so the reward lands on-chain but never reaches your account.
- Exchanges often don’t auto-credit mining payouts. A block reward is a special “coinbase” output, locked for 100 confirmations (~16–17 hours on average; actual time varies) before it can move, and many exchanges flag or simply don’t process it like a normal deposit.
- You don’t hold the keys. With an exchange address you are trusting the exchange to release a once-in-a-lifetime payout.
The safe way: mine to a self-custody wallet you control (below), then withdraw to Indodax or any exchange later if you want to sell. The reward is identical; you just never risk an exchange swallowing your block.
Option B — recommended: a self-custody wallet (you hold the keys)
A non-custodial wallet means only you control the coins — the right choice if you're serious, since a found block currently pays about 3.125 BTC of subsidy (2024–2028 halving epoch) plus transaction fees.
- Software (free): BlueWallet (mobile), Sparrow or Electrum (desktop).
- Hardware (best for large amounts): Ledger, Trezor, ColdCard.
- Install the wallet and create a new wallet.
- Write the seed phrase (12 or 24 words) on paper and store it offline. Never photograph it, type it into a website, or share it — anyone with it can take your coins.
- Tap Receive and copy your
bc1q…address.
Use the address to mine
Paste your address as the stratum username in your miner. Add .aworkername to track multiple rigs — e.g. bc1q….bitaxe1. The password can be anything. That's it — see the Setup page for the exact host and ports for your device.
Stay safe
- Double-check the address you pasted — Bitcoin transactions can't be reversed and there's no support desk to recover a typo.
- Only ever share your address (it's public, like an email for receiving) — never your seed phrase or private key.
- SoloLuck will never DM you first and never ask for your seed, keys, or a deposit. Anyone who does is a scammer.
- Don't mine to an address you don't control (a borrowed or random one) — if you win, you want to actually own the coins.
FAQ
Do I need a Bitcoin address to mine on SoloLuck?
Yes. Your address is your username and where a solved block is paid — we're non-custodial, so you bring your own. Getting one is free and takes a few minutes.
What address format should I use?
A native SegWit (bech32) address starting with bc1q — lowest fees and widest support. Legacy addresses starting 1 or 3 also work, but bc1q is the safe default.
Is it safe to put my address on the pool?
Yes. A Bitcoin address is public by design, like an email for receiving money. Only ever share the address — never your seed phrase or private key. SoloLuck never asks for those.
I don't have a wallet yet — what's the fastest way?
Install a free self-custody wallet like BlueWallet (mobile) or Sparrow/Electrum (desktop), create a wallet, write the seed phrase down offline, then tap Receive and copy your bc1q address. Done in minutes.
Ready to start solo mining?
Paste your address and copy the config from /setup, watch the pool on /status, and check every claim on /verify. Mine to your own address — that is what makes it truly solo.
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