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Title: ASIC Mining, Pool or Solo? Post by: magnum962 on June 08, 2013, 08:07:02 AM Hi all,
I am hoping to buy into the following: https://bitcointalk.org/index.php?topic=200067.0 At what hashrate would it be OK to go for Solo mining instead of Pool mining? Thanks. Title: Re: ASIC Mining, Pool or Solo? Post by: mikal on June 08, 2013, 08:14:36 AM Pool is almost always a better choice if you want to get anything. You can find calculators that show you average time to get the first block (like http://www.bitcoinx.com/profit/). At a few GH/s it is months on average. And difficulty still goes up.
Title: Re: ASIC Mining, Pool or Solo? Post by: J35st3r on June 08, 2013, 08:35:51 AM Solo mining risks orphaned blocks (no money!) unless you are very well connected to the rest of the bitcoin hashing network. Don't even consider it unless you have an enormous hash rate.
But answering your main point. Current nethash is around 120THash/sec, solving a block every 10 minutes. Just work backwards from how often you want to solve a block. Once per day needs around 1THash. 50GHash may solve one block a month. |