Bitcoin Forum

Bitcoin => Mining => Topic started by: charbo on June 07, 2011, 06:40:37 AM



Title: A quick question about minning im confused
Post by: charbo on June 07, 2011, 06:40:37 AM
My friends and I have the posibility to mining an entire block with (aprox) 6000~7000 Mhash, its better this way or create an account with many workers as possible?

thanks in advance


Title: Re: A quick question about minning im confused
Post by: bleedkira on June 07, 2011, 06:43:16 AM
If you're asking whether pooled mining or solo mining is better, in your case you could probably pull off solo mining for a while but your payouts will be large and sporadic vs. small and predictable.


Title: Re: A quick question about minning im confused
Post by: charbo on June 07, 2011, 06:52:07 AM
when i must change to solo mining?


Title: Re: A quick question about minning im confused
Post by: error on June 07, 2011, 06:53:19 AM
when i must change to solo mining?

There's no strict rule.

As a general guideline, if you can find a block in less than two weeks on average, you should probably mine solo.


Title: Re: A quick question about minning im confused
Post by: bcpokey on June 07, 2011, 07:08:58 AM
I agree, but with reservation. Don't forget there can be huge variances. Look at deepbit, they have 2250Gigahash/second[/u] and they still hit block times of 2.5 hours. In theory with 281 times less processing power you could see 281 times as long to break a block (or in other words a month+). Soloing is something more people should do, but it bears the unfortunate downside of potentially being a very painful thing to wait and watch.


Title: Re: A quick question about minning im confused
Post by: charbo on June 07, 2011, 07:15:36 AM
thanks, will try with workers 2 weeks and will see, i can die watching for 2 weeks the fuck$") guiminer, and have much less info about the gpus that are minning :S


Title: Re: A quick question about minning im confused
Post by: bleedkira on June 07, 2011, 07:24:20 AM
Just know that if you try solo mining for 2 weeks and switch to pool mining, you walk away with nothing.


Title: Re: A quick question about minning im confused
Post by: charbo on June 08, 2011, 04:56:08 AM
Just know that if you try solo mining for 2 weeks and switch to pool mining, you walk away with nothing.
i know that :D