Title: small pool query Post by: Riptide_NVN on February 15, 2018, 01:27:49 PM I understand it takes longer to find blocks.
Is there a point however where there is no hope of finding a block in any reasonable timeframe? For instance if you are on a pool with only 3-5 miners. And hash rate (phi algo) is in the 300 MH/s or less range. Is it a complete waste of time? Title: Re: small pool query Post by: leonix007 on February 15, 2018, 03:23:04 PM I understand it takes longer to find blocks. Is there a point however where there is no hope of finding a block in any reasonable timeframe? For instance if you are on a pool with only 3-5 miners. And hash rate (phi algo) is in the 300 MH/s or less range. Is it a complete waste of time? There is what you called a pool luck, a probability for mining, there are computations on how to determine a supposedly mining blocks for a pool. see this thread https://bitcointalk.org/index.php?topic=1754314.0 take a glance with #3 stated by xhomerx10 kudos to him Quote 3) nothing as it is random and unpredictable - though if it is continually unlucky perhaps you should avoid the pool Title: Re: small pool query Post by: Riptide_NVN on February 15, 2018, 03:29:00 PM Hey thanks. I'm sure if I stuck with it long enough a block would be found.
I suppose part of what I'm asking is this: "If there are only a couple miners on the pool are you essentially solo mining at that point?" Because I know I don't have the hash rate to be doing that. Title: Re: small pool query Post by: leonix007 on February 15, 2018, 03:42:47 PM Hey thanks. I'm sure if I stuck with it long enough a block would be found. I suppose part of what I'm asking is this: "If there are only a couple miners on the pool are you essentially solo mining at that point?" Because I know I don't have the hash rate to be doing that. Seems like it, depending on the Pool operators sharing policy when it hits a block, most probably most of the shares are with you a bit difference when solo where all rewards goes to you. Title: Re: small pool query Post by: Riptide_NVN on February 15, 2018, 07:22:19 PM Well shoot the other two dropped off and now its just me all by my lonesome. :/
Probably take a week at this rate to find another block. Might have to move over to another pool and just write off the last couple days of shares then. Bummer. |