Title: solo mining qestion Post by: ayagle on January 11, 2014, 05:42:07 PM I am still unclear on the odds of solo mining, could someone point me to the right place to figure that out, besides the mining calculator?.. I think cgminer says difficulty is something like 200k without LP, does that mean that I would need a best share of 200k?.. thanks for any input.
p.s I have about 50-80khs.. Title: Re: solo mining qestion Post by: BitcoinBarrel on January 11, 2014, 06:11:34 PM What are you mining? Some Alt coin?
Bitcoin difficulty is over 1.4 billion, so you would need a share of at least 1.4 billion to solve the block. As far as calculators, they are a decent estimate if you have a lot of hashing power but they are not entirely accurate. You could potentially solve 2 blocks in a row or never solve a block. It's all part of the fun. For me personally, I have my GPU miners running in a pool and I let my CPU miner run solo just for the possibility of solving a block. Estimates put my 1.2 MH/s cpu miner at solving a block in like 150,000 years but it could happen tomorrow you never know. Title: Re: solo mining qestion Post by: ayagle on January 11, 2014, 06:34:32 PM yea, sorry, I should have specified scrypt.
I guess I am in the wrong subsection, sorry, Connected to 127.0.0.1 diff 112K without LP as user x Block: 51225281... Diff:1 Started: [13:33:23] Best share: 8.37K Title: Re: solo mining qestion Post by: ineedit on January 12, 2014, 09:13:49 AM I am still unclear on the odds of solo mining, could someone point me to the right place to figure that out, besides the mining calculator?.. I think cgminer says difficulty is something like 200k without LP, does that mean that I would need a best share of 200k?.. thanks for any input. http://www.coinwarz.com/cryptocurrency has a good set of calculators for just about all coins, and in the Summary section it will show you just how it might take to generate a block when going solo.p.s I have about 50-80khs.. Title: Re: solo mining qestion Post by: ayagle on January 12, 2014, 11:15:07 AM I am still unclear on the odds of solo mining, could someone point me to the right place to figure that out, http://www.coinwarz.com/cryptocurrency has a good set of calculators for just about all coins, and in the Summary section it will show you just how it might take to generate a block when going solo.p.s I have about 50-80khs.. thanks.... |