Bitcoin Forum

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The following thread is the english translation of THIS THREAD from the german subforum (https://bitcointalk.org/index.php?topic=5418994.msg61217725#msg61217725)

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All info on each run will be kept up to date here in the thread in post #2 (https://bitcointalk.org/index.php?topic=5419205.msg61227304#msg61227304)

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::) Dear mining and competing fans, Welcome to citb0in SoloMining group ::)


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https://i.ibb.co/T4mR3GQ/citb0in-group-block-solvers-1000px.png (https://ibb.co/R3zPwKX)

We all are dreaming of finding a valid bitcoin block and getting the reward of currently 6.25 BTC, aren't we ? Welcome to the fascinating world of solo mining :P

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What is it about ?
The BLOCK SOLVERS project was created to enable solomining as a group with a limited number of 10 participants and a small stake of only 0.001 BTC. We will rent SHA256 hash power through MiningRigRentals (hereafter abbreviated as MRR) and directed to the SoloCK pool (https://solo.ckpool.org) with the hope of mining a new block on the Bitcoin blockchain. The number of participants is limited to 10 so that if a hit occurs, the payout amount of approximately 0.625 BTC per participant still remains attractive to each of the participants. The minimum stake per participant is only 0.001 BTC (=1mBTC). Thus, we have a total of 0.01 BTC available per run. With this we can run with a hashrate of e.g. 5 PH/s for about 10h, or 10 PH/s for about 5h, or 1 PH/s for about 42h. If the participants wish so after arrangement to run a higher hash rate for a certain round,  then we could increase the stake per participant to 0.003 BTC instead of the 0.001 BTC. With the total of 0.03 BTC in the pot we could engage a run with enormous 50 PH/s for approx. 3h. However, at least 1 PH/s hash rate will be rented for our runs. As a rule, the stake per slot is 0.001 BTC and with that we can run for 26h with 2 PH/s.

What is the background ?
Most of you certainly know Willis' block partys (https://bitcointalk.org/index.php?topic=5417696.0) which exist and take place for a long time. I myself have already taken part in them because I would like to land a block hit. I love the competition and in a group it is even more exciting and fun. Unfortunately, the stake of 0.01 BTC seemed too high for my circumstances, I just can't afford that in the long run. In the last few months I've been doing my solo runs on my own, but that also at a hight cost of expense in the long run. So solomining as an individuum is really exhausting.
https://i.ibb.co/yB3bKWk/solo-miner-hardwork.jpg (https://imgbb.com/)
Since I know from experience that it is not easy to invest 0.01 BTC as a stake per run and to participate in the long run, I would therefore like to offer an alternative option. This project Block Solvers is an alternative option for group-based solo mining and allows to participate cheaply and regularly. That's why the minimum stake of 1 mBTC (0.001 BTC) and maximum stake of 3 mBTC (0.003 BTC). Together as a group, we are stronger.
https://i.ibb.co/rfTH36j/group-mining.jpg (https://imgbb.com/)

What else is there to know?
Although my offer does not directly compete with Willis' block partys as he is an old hand and trusted member here on the forum, I certainly did not want to start this project without his blessing. Willi is a long time and valued forum member and I respect the diligence and commitment he puts into his own Groupbuy Block Partys. That is why I contacted him beforehand and told him about my project and asked if he sees or even has any objections. In such a case I wouldn't have started it. Fortunately, Willi had nothing to complain and gave me so to speak green light for this. Thanks a bunch @Willi9974. I am fully aware that I do not yet have a special trust status in the forum, which is why there could always be justified doubts and concerns. But I don't want to leave it untried. If it doesn't succeed, then at least it was worth a try. :P On the other hand, I hope that the project will succeed and run regularly, simply because it's a very small risk of only 0.001 BTC and even the worst pessimist and doubter would be able to cope with that  ;D I can't put 6.25 BTC in escrow services as you really can understand, I just don't have that amount. But to provide a little bit of trust I figured I could transparently show everything here in the thread anytime someone feels the need to see it. Although the blockchain already reveals pretty much everything publicly. But I could also post screenshots from the MRR portal if there is interest. Of course, again, these would just be screenshots that anyone could fake, but I'm offering this transparency anyway. Also, I will list all transactions of each participant here in the thread for each run, so that everyone can check that they were valid transactions and I was not faking the participant list. If I post excerpts from the MRR portal history, don't be surprised if our MRR account starts with 0.00000875 BTC starting balance. I had transferred 0.002 BTC from my own wallet privately to our MRR account once, so I can start a test run and set up the pools/servers etc. The trial run was successful, everything worked as expected. There are a few Satoshis left (=0.00000875 BTC) which are still in the account and will be used for our group during the first run. If we actually find our first block and all participants get their reward as expected, the trust will raise and the thread will probably stay alive for a long time which I hope so.

Conditions of participation / Procedure :

• If you want to participate, first check this thread on page 1 in post #2 (https://bitcointalk.org/index.php?topic=5419205.msg61227304#msg61227304) to see if there is a free slot available for the next scheduled run.
• If there are free slots for the next round, then please first send the minimum stake of 0.001 BTC to our group bitcoin address at MRR:
  bc1qtyvxwhwctneje9zjvqkzvp6yqtnqc3xs0sf6vd
• and only then post the completed participation template here in the thread for registering. Pre-bookings (announcements only) without payment cannot be considered.
• Please fill-in the desired round in the participation template.
• It needs 3 confirmations for the amount sent to be credited to the MRR account.
• We use FIFO (First-In-First-Out) so simply said first come, first served  :D If someone has not made it for a run, simply queue and wait for the next run.
• Each run is executed sequentially and never concurrently, so one round after another.
• The payout address used on the soloCK pool is as follows. I assure with the signature that I am the owner of the keys and therefore the owner of the address:

• When participating, you have to enter your Bitcoin address to which you wish to receive the payout in case we solve a block. The payout amount will be paid out proportionally to the members of the corresponding round.
• The payout takes place at the earliest after 100 confirmed blocks from block hit, this is defined by default in the Bitcoin protocol. This means that if we get a block solved, the reward will be sent by the coinbase transaction to the above payout address and only after another 100 blocks can this amount be used to sent the winnings to the participants. This is equivalent to about 1 day. I would like to mention this for the sake of order, because some may not know.
• And last but not least, please vote for a hashrate in PH/s that you would prefer for the corresponding round. This will be voted and announced before the start which hashrate we will start for the respective round. The information in the following overview may vary depending on market prices, but offers an approximate guideline for our voting:

Chance calculation (https://solochance.com/) to hit a block in solo mining using different hashrate examples:

at   1 PH/s --> 1 in 267.342 per block or 1 in 1.857 per 24h
at 2.5 PH/s --> 1 in 106,937 per block or 1 in   743 per 24h
at   5 PH/s --> 1 in  53,468 per block or 1 in   371 per 24h
at  10 PH/s --> 1 in  26,734 per block or 1 in   186 per 24h
at  25 PH/s --> 1 in  10,694 per block or 1 in    74 per 24h
at  50 PH/s --> 1 in   5,347 per block or 1 in    37 per 24h


For this reason I personally favor higher hashrates and accept the shorter runtime for it. The chances are then simply better. However, luck remains luck :)

Participation Template to Fill Out and Post


So I will make the beginning as an example 8)


Settlement and current status
I will always post the current status here in this thread under post #2 and I will also let you know as soon as the group account at MRR is fully loaded and ready to go. I manage all data about the group, the runs, the individual deposits with information like name, amount, TXIDs, etc. in a spreadsheet in Libreoffice Calc, so that I always have insight. There I also manage the individual rentals with corresponding details like start/end time, hashrate, costs, etc. I will try to keep the hard facts of each run clearly organized on post #2, so that there is no need to search laboriously in dozens of sub-pages of this thread. So all the info about the runs will be here on this thread in post #2.

This is the API URI for the live report of our runs:
This can be queried at any time by anyone (even with a mobile phone) and shows the status of the current run but also the historical runs. Anyone interested in learning to understand the meaning of these values and how they are interpreted, can read my HowTo (https://bitcointalk.org/index.php?topic=5411795.0) (in german). The most important and entertaining values are "bestShare", "shares" and "bestEver". If you have any questions about this info page, just post them in the corresponding thread. Currently, of course, the link goes nowhere because no run has started yet and no historical data is available. As soon as we start our first run, the data will appear under this link. In addition, I will name the individual runs with the help of the worker names clearly and meaningfully.

For example, if we should start our first run with 2.5 PH/s and 19h runtime, then as suffix the worker name will be as follows:
.RUN001-2500THs-19h

For example, if the second run should start at 5 PH/s for 10h, then the workername will be:
.RUN002-5PHs-10h

As a result, we have a static and therefore fixed live report URL that does not change and can therefore be saved as a favorite in anyone's Internet browser on the PC or mobile phone to see at any time how the current run or the previous runs have gone. Based on the worker names, you can then distinguish and see the hashrate and duration used for the respective rounds.

Wishlist, Comments, Final Words
If there are any change requests or further ideas, I am of course all ears and open for feedback. Let's decide and vote together and I can gladly implement the results into the thread here by updating it. Finally, despite my due diligence, a short disclaimer: I cannot accept any liability for damage or loss of any kind, please only participate if you agree. Despite the obligatory disclaimer I still want to assure that I will manage this project to the best of my knowledge and conscience as I myself am very interested in a long-term and hopefully successful cooperation. In conclusion: In case of a block hit I would be very happy about a small donation as a thank you for the organizational administration effort, my address can be found in my profile :)

If there are any questions, just let me know. I look forward to an adventurous and hopefully successful experience. Let's go miners ! Let's mine those blocks . . .

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https://i.ibb.co/7y3QFGP/lucky-Solvers.png (https://ibb.co/3hxvH02)

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There are 10 slots available per run. Each slot in the normal runs can be filled with a stake of 0.001 BTC and 0.003 BTC for the power runs. Payments go to the address bc1qtyvxwhwctneje9zjvqkzvp6yqtnqc3xs0sf6vd.

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*reserved*

It won't be long before we're ready to go and wielding the scrapers :D ;D

nozzles - check
Ignition - check
Target - check
Lucky cloverleaf on board - check

Cadets! Fasten your seatbelts, it's about to start ...

https://i.ibb.co/kDxh1xP/rocketlaunch-fasten-your-seatbelt.png (https://ibb.co/bvPrJPG)

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EDIT

Our maiden flight is launched at 05:07 PM and the cloud layer has just been broken. We launched 2.5 PH/s for a total of 20h and 38min.

At the beginning the takeoff jerked a bit because the diff was not adjusted immediately. Hashrate can and will fluctuate during the run. So don't be surprised if we get up to 4-5 PH/s ;) provided by the rig owner for a short time due to the bumpy start. Because the overall result after the end of the run must correspond to the advertised/promised average rate of 2.5PH/s. This means that the rig owner sometimes turns on the tap a bit, so that more hashrate flows and the average hashrate thus equals the booked hashrate. This then always oscillates a little above and below. Just follow it in the live feed. Enjoy the great view and stay tuned...

https://i.ibb.co/P9RnKV5/bitcoin-cowboy-to-the-moon-2.png (https://ibb.co/cCPH0sN)

==> Live API URI on SoloCK Pool (https://solo.ckpool.org/users/1BTC4ALL6a2K1d4Ac4JjNJX7pgfRaaaZNd) <===

May the force be with us  ;D ;) :)

Nice detailed thread, perhaps you should sum it up, you know, we human beings nowadays don't seem to have enough mood to spare on reading long threads.

I think I have a proposal for you, I would guess that most users won't trust you with a whole block (nothing personal) but many would still trust you with 20$ / 0.001 BTC, so why not act a like a pool for Willis' block party?

See Willi doesn't want to have to deal with more than 10 folks per run which we all understand, so he wants each person to join in with 0.01BTC, many of us can't afford to play with that amount every week, so why not collect 0.001 BTC from 10 guys and then send it to willi as 0.01BTC and then if willi hits a block you get that 0.001BTC and pass it to your guys?

I'd assume willi might even be willing to do that for you assuming your guys don't trust you even with 1 block / 10 worth of BTC, even if willi doesn't want it, I am sure someone else who is trusted enough by most people here would be willing to do it for you at a small cost if not for free, you can have a public agreement with willi that if your group address wins anything the amount has to go to 10 addresses.

By doing something like that you will bypass the trust issue, Willi would be able to do his runs more often since you will be helping him collect enough BTC for the run, the small fish who can't afford $200 to play with will be happy to risk 20$, it's a win-win for almost everyone involved (except for you of course since you will be doing a bit of work  :D), but it does seem like you are going to enjoy it anyway.

Well, we've been running a fun run like this on kano.is since early in the year (0.0006 per person x 10)
The main difference is that on kano.is you get to see all the stats, not just 'at the moment' with no history and the false luck stats of that other solo pool and it's false claim of anonymity.

Of course I don't want large runs like willi on kano.is coz gambling 10's of thousands of dollars per run is not what I'm interested in helping people do, it's a fun run anyone can get involved in, like getting a cheap lottery ticket, not desperate gambling.
And willi's claim that he can ignore a run that didn't get a block, to make his stats look better, is dodgy at best.
(if it did get a block, guess what, he would have included it)

@mikeywith:
Thanks for your feedback, really appreciate your thoughts. Your suggestion is justified. We had already talked about this in the original post in the German subforum, CoinEraser also suggested that (https://bitcointalk.org/index.php?topic=5418994.msg61220122#msg61220122). I had thought about that as well (https://bitcointalk.org/index.php?topic=5418994.msg61220205#msg61220205), I think Willi would certainly support that as well. I also thought about a solution of using MultiSig with Willy together and stuff like that. However, following dilemma remains: Because with an escrow service, I would never get the opportunity to build up my trust status step-by-step. I would always be dependent on third parties and the trust in me would not grow a step through it, regardless of whether we hit a block or not.

I just have to go through it and hope for trust. I can't force it in any case. Hopefully, some will dare to do so because of the low stakes. I myself hope of course that we will solve a block some day, on the one hand because I wish it anyway, but above all because then I will get the opportunity to prove whether it was right to put trust in me. So if we get the first block hit and I pay out all members, the trust would increase very strongly and rapidly, we are talking about high amounts after all. In such a case, of course, I also wish that the corresponding winners leave a positive feedback on the boards trust system. On the other hand, I could also be a bad boy and in case of a block hit I would keep the reward myself and never show my face here again. Yes, everything is conceivable, and as a participant you are right to worry about that. However, due to the low stake of 0.001 BTC, the risk is very very small. I think that's why the response was so great and it started very well so that the boat was quickly full. Without trust, of course, this does not work. Therefore, I had also stated in the disclaimer, if someone has doubts please do not even join.

At this point I can only emphasize once again that I run this time-intensive project with the best knowledge and conscience and will do everything to make everyone happy. I try hard, I like to learn and I am open for everything, also for criticism. Members from the German forum may be able to attest that I am very dedicated and have a steep learning curve. I hope that I can continue to make a positive contribution to this forum and that this will make some of us happy with a potential win.

I would like to present everything as clearly and transparently as possible to those who are interested, so that no questions remain unanswered. Otherwise, I will be confronted with DM and recurring same questions. By the detailed explanation and description, the interested person can divide the time and read through if interested or not. This is not intended for someone who has no time to invest for reading and understand what this is all about and how things work. I myself would not send bitcoins to a complete stranger without knowing the details. Everyone is different, some want to know only superficially, some with details. I prefer the latter, because that covers both sides  ;)

That is once again typical Kano. Trying to talk others down in order to present hisself as the hero in a kind of advertising campaign (https://bitcointalk.org/index.php?topic=5405177.msg61123391#msg61123391).
@kano:
In dozens of your posts, you attack other pool operators and complain that their advertising claim "direct mining anonymously with an own Bitcoin address" is a lie and misleads people. You have already received a very accurate and true reply (https://bitcointalk.org/index.php?topic=5405177.msg61124027#msg61124027) that hits the nail on the head. By the way, CK speaks clear and transparent words on the bottom of its website (http://solo.ckpool.org):
Everyone knows that in Bitcoin you are not anonymous but pseudonymous. Despite this, I prefer to mine with my own address on a pool and know that any profit would be transferred directly to the address I provided. Correct me if I'm wrong, but on your pool you can't mine directly with your own address but any profit goes directly to a bitcoin address controlled by you --> 1Cz6q6YqxmXbV8aFnQKFftMykFFBdt1Jtw (https://mempool.space/address/1Cz6q6YqxmXbV8aFnQKFftMykFFBdt1Jtw). If you die in an accident or something else bad happens, your users would have a long time to hope for their profit payout. And as for the "anonymity" issue you always try to pick on, if I'm not mistaken then you require your users to create a Discord key so you can exclude them from the timeout limit which you created where they get kicked when not identified. The user who registered on your pool gets an ID from your website and you unlock him for Discord use. So you have a direct assignment of all your Discord users to the corresponding account on your Kano website. Masks down, right? So I don't understand why you are trying so hard to defend the word "anonymity" when you yourself are doing everything you can to break it. We all know you have personal disputes with Con Kolivas (CK pool). I would politely ask you, in the interest of all forum users, to keep your personal differences with -CK- to yourself and not hijack and abuse other threads with content about CK and his pool to do so. I hope and thank you for your understanding.

@jbrogan:
Thank you so much for joining. You're registered and ready for rounds #002-006. Welcome on board mate!

EDIT1:
@all:
While I was typing this, we have a new best share on run #001 ==> 2.52 T  ;D

EDIT2:
Hello cadets, it was nice that you flew with us. I hope you enjoyed the flight even though we didn't hit a block up there in the universe :P


These stats are posted in post #2 (https://bitcointalk.org/index.php?topic=5419205.msg61227304#msg61227304) and will be kept up to date there for future runs. We didn't mine a block, but our best share of 2.52 T is more than respectable for our maiden run. Scored a T right in our first round. Let's hope for more big T's and preferably in double digits and even better starting with a 4 ;D 8)

Round #002 is open, there are slots left. Let's go people, let's venture into the next round to solve this block

Not sure what you are doing wrong, but it's far from time intensive.

LOL, my post was pretty simple and factual, clearly you have some issues to deal with.

Not sure why you have some issue with that post.
It's stating facts.
You send your bitcoin address across the internet on average once every 3 seconds to that pool.
That pool sends it to you once about every 30 seconds.
Odd that people like that idea and call it anonymous.
He knows other stuff about you also, like most pools.

Still not sure what the problem is.
To use any pool you have to provide all sorts of information.
To connect, to view the web site, to see your stats, to get a payout.
If you don't like a pool, then don't use - I certainly have no issue if you don't want to use my pool.
The problem with all these pools calling themselves anonymous, is that it's a fantasy misleading people.
Lots of pools like misleading people, they've been doing it for many years.

Yeah except that is at the bottom, in the middle of the last paragraph. At the top it says in bold:

Then of course there's the fact that your quote is also false.
Your IP is know to the pool. Any access to the website is know to the pool.
... and of course anyone can lookup your full pool stats with your bitcoin address.

Really? You certain? And yet he says it is anonymous at the top in bold :)

Yes indeed, I don't send your bitcoin address out over the internet to you every 30 seconds.
Only the pool address.

Indeed. Who knows what might happen if I get hit by another truck, like I have in the past :)
They sure cause some damage when you bounce off them, even wearing body armour.

Well at least get your facts correct :)
As is clearly stated on the pool web site
Secondly, sorry but that's how discord works, if you don't have a role, you can be timed out.
Oddly enough, there's people who join and don't get a role and stick around without that happening also.
I don't even know why people without a role get timed out, you'd have to go ask Discord.

The 10 minute thing is simply a setting that says you can't post until 10 minutes after you join.
While you have no idea about dealing with spam, hackers, bots and such, that 10 minute setting I have enabled seems to stop that happening in the Discord channel.
Over the many years there's been very few such issues (but not zero)

Odd you should say that. I'm not defending it anywhere, I'm pointing out how it doesn't exist.

And yet ... I'm not doing that.
You seem to be the one ranting at me for some unknown reason.

I noticed you glossed over the fact that you get false stats from that pool :)

citb0in Musk ...

Though to the Moon for this trip ;)

Good concept - which has been around for some time, but if it is a well oiled machine it should be a nice way to Gamble on the Block ;)

#crysx #cwi

Run #002 started with 5 PH/s for 09h48min

Where can We see this? ...

#crysx #cwi

Run #002 finished, unfortunately we didn't solve a block  :'(


Just look at the Live API feed URL for our payout address (https://solo.ckpool.org/users/1BTC4ALL6a2K1d4Ac4JjNJX7pgfRaaaZNd). You will find all relevant information on the runs in post #2 (https://bitcointalk.org/index.php?topic=5419205.msg61227304#msg61227304)

Run #003 is open and pending, there are three slots available.

What is TXID?

I'm not sure if I understood your question, but --> See HERE (https://learnmeabitcoin.com/technical/txid) or HERE (https://wiki.bitcoinsv.io/index.php/TXID) for an explanation. Please open a new thread if you have questions related to TXID or similar general bitcoin related questions. Thank you

if you meant "What is the deposit address for this group solo mining run, then you can find all info in post #1 (https://bitcointalk.org/index.php?topic=5419205.msg61227301#msg61227301) in section "Conditions of participation / Procedure :"

Hey this all sounds very tempting and exciting

I would like to participate and hope that I have filled out the template correctly. I have sent 0.002 BTC for participation in runs 3 and 4.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: yoshimitsu777
My stake: 0.001 BTC for #003, 0.001 BTC for #004
My TXID: 0e347b57e6416ed5b13caab2b9c4bd423782c7eb68a06d1d2959ea3bbd8dc8d4
My payout address: bc1qz20k0f2gzzdeva4vwnnqek89egqeznh439nyx7
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Hello and welcome on board  :)
you are registered and ready for round 003 & 004

stay tuned - good luck

EDIT: 2 slots are open for run #003 ...

thank you

Who still wants to jump on, there is 1 slot available for pending run #003. Stake is only 0.001 BTC.

EDIT:
Run #003 is full and launched with 5 PH/s for 09h20min, Live Stats (https://solo.ckpool.org/users/1BTC4ALL6a2K1d4Ac4JjNJX7pgfRaaaZNd)

 :) :) :) Good luck BlockSolvers !!!!  8) 8) 8)

EDIT:
Run #003 has finished. Unfortunately no block hit :'( Our best share was 22.48 G. We got 5.03 PH/s in average which corresponds to 100.55%, all good. As always, all info about the run has been posted in Thread #2 (https://bitcointalk.org/index.php?topic=5419205.msg61227304#msg61227304).

The next upcoming run #004 is already almost filled, there are 3 slots left, the stake is 0.001 BTC per slot. Hopefully we will solve a block in this round ...

EDIT:
RUN #004 has been started with 5 PH/s for 09h 48min ... GOOD LUCK BLOCK SOLVERS !!!

EDIT:
Run #004 finished with a Best Share of 168.19 G. Unfortunately no block hit :'( The total diff submitted was 40.72 G which is quite good. This is so far just below the best value from run #001, where we had 2.54 T as best share. In run #004 we had a hashrate average of 5.1 PH/s, which equals 102.03%, so we did really well.

Maybe we can do one more run so we can enjoy a nice Christmas present ? I voted for 10 PH/s for the upcoming run #005, just to increase the chances for a block hit. Come on BLOCK SOLVERS, we will crack the block ...

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: jbrogan
My stake: 0.005 BTC for 50ph run and for 007+
My TXID: 3aee3841f7b235185097422273a76f7cf782a03470b36de634abcc6c1c000e34
My payout address: bc1qqsnxxuhgqfyy8xt5gp8de3s8narqut0d2q4qan
My comment: 50ph special run and 5ph normal run
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

@jbrogan
thanks for participating. You are registered for the big 50 PH/s run in round #007, as well as the normal runs #008 and #009. Good luck to all of us!

EDIT:
@Atrax, welcome and thanks for joining BLOCK SOLVERS. You're subscribed for runs #005 to #007

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: yoshimitsu777
My stake: 0.001 BTC for #005, 0.001 BTC for #006, 0.003 BTC for #007
My TXID: 8262e471bae6f779b3522c53ac54e685ff5acebca49800cbc8d460ba90b2f564
My payout address: bc1qana6786aa038zcct3w0uasr2qt4l07xs6re7fx
My vote for hash rate: run005=2.5 P, run006=10 P, run007=50 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

lets crack this block guys

Thank you. Your bet has arrived. I have registered you for the appropriate runs. Good luck  :)

EDIT: There are currently 3 slots free and available for run #005, stake is only 0.001 BTC

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: juandaaguirre2
My stake: 0.005 BTC #005, #006 and #007
My TXID: 398b112ba6c67f7a7d89c8769044b8a7ed7a811660821180b063f32e3a3c9e37
My payout address: bc1q43pt2fy5lf2vy3jl9xdnzfw3qma2rtk0gpdvd5
My vote for hash rate: 5PH/s und 50PH/s (;
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Hello and thanks for participating. You have been registered. Run #005 is full and we will start soon, stay tuned and watch thread #2 for stats. Good luck ! :)

EDIT:
Run #005 has been launched with 5 PH/s for about 09h48min. Good luck BLOCK SOLVERS !!! Let's rock this block

EDIT:
Run #005 is finished. In this run we achieved our highest ever TotalDiff submitted share value of 42.16G. For comparison: in run #001 we had a best share of 2.52 T but in #005 we submitted higher TotalDiff. Nevertheless, it was not enough for a block. Hopefully we will have more luck next time.

For round #006 there is still one slot open. So if you want to be there, hurry up. The same goes for our big run #007, which is scheduled at 50 PH/s.

Hopefully we crack our first block soon and can celebrate.

---

EDIT:
The last slot for the next round just got filled by MinoRaiola and run #006 just started, with 5 PH/s for the expected duration of 09h48min.
Let's all keep our fingers firmly crossed ... Good luck to us 8)

We achieved a best share of 21.53 G right in the first minute, not bad  ;) That's as much as we scored in the whole last run #005. If it continues like this, it might get interesting. Hopefully, luck will accompany us.  8)

EDIT:
Run #006 has finished with a best share of 53.33 G and a TotalDiff of 41.59G. All stats have  been updates in post #2

Next upcoming run #007 with 50 PH/s for 3 hours is scheduled for 06/Dec/2022 06:00 PM (UTC)

Since it's directly relevant to this thread, I'll first post a quote written by the OP


Alas this thread is exactly the same.
The 6.25 BTC ONLY goes to his wallet.
So his quote is very specifically saying that risking giving all the 6.25 BTC to him:
"I would definitely not take such risks with such high amounts of currently > 6.25 BTC. All pools without exception that do not allow direct mining with one's own private Bitcoin address are NO-GO and red flag"

Which is exactly what is happening here also, the BTC only goes to his private address and alas to a person who is also basically unknown.
i.e. he is literally and emphatically saying that the people here in the run shouldn't risk it.

... in my pool fun run the BTC goes to my pool wallet then from there to each person.
So it's me you have to trust :)
But apparently the fact that I've paid out hundreds of millions of $ in BTC in the past doesn't count.

Ha ha, you really managed to make me laugh, amazing  ;D ;D ;D  You're really pitiful. Keep making a fool of yourself.

EDIT:
@SANGR3AL thanks for joining, you're registered for #008-#012

EDIT:
@grappi thanks for joining, you're registered for #008-#010

EDIT:
Run #007 has been started with 50 PH/s for 3hours

* * * GOOD LUCK @LL * * *

---

EDIT:
Run #007 finished at 09:03 PM UTC. Too bad, unfortunately no block hit :-\
Our achieved best share was 585.95 G, if it would have been two decimal places more the block would have been ours :'(
We couldn't make a new record, our high score still is run #001 with 2.52 T. At least it became our second best best share now :P
We got a total of 100.37% of the advertised hashrate, at least it went great in that regard.

Keep trying, we're not giving up. Round #008 still has free slots.

Thanks for taking part @all and have a nice Santa Claus Eve.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: juandaaguirre2
My stake: 0.005 BTC #008 - #012
My TXID: abd74cd97c773db15a4334c698316158dedeb158c4c156a63a30c7258e02c50a
My payout address: bc1qevxhk2086flnrj70fyju273sxkdp63yf8w7ge6
My vote for hash rate: 2.5PH/s
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Hello juandaaguirre2 and thanks for your stake. You have been registered for runs #008-012  :)
Good luck.

EDIT:
Hello mondayshot and welcome on board. You have been registered for runs #008-015. Good luck

EDIT: Both run #008 and #009 still have 4 slots available. Anyone who feels like starting a X-MAS run could still join in. If there are still 4 participants for the two runs, we could start one run on Christmas Eve (24/Dec) and the other one on Christmas Day (25/Dec). The runs would probably take place with 2,5 PH/s if you look at the current votings, that would be about 21h runtime per run. Stake is only 0.001 BTC

https://i.ibb.co/7jRX2qb/xmas.jpg (https://ibb.co/7jRX2qb)

Let's be surprised, maybe there is a gift for us?

Name: c1pzo
My stake:0.005 #008 - #012
My TXID: 2e4319c3130209c02236a2accfbecdd96172d92cebbe0214db568337967603ee:8
My payout address: 3QPixYTwXeXjjTD2CFSWh89pYBrDt7EGZb
My vote for hash rate: 2.5PH/s

Hello c1pzo and welcome on board  :)

You have been successfully registered for runs #008 - #012. However, I saw that you overpaid 0.00036722 BTC. Was that by mistake or did you just want to donate the rest to the BLOCK SOLVERS group for a good cause?  ;D If you want, I can send you back this amount of overpaid 0.00036722 BTC minus a small transaction fee to the payout address you provided or another one of your choice. Or alternatively you can send 0.00063278 BTC and register for round #013. Tell me what you prefer.

If 3 more participants register until tonight or tomorrow, run #008 and #009 would be ready to start. I'm curious, maybe it's still a Christmas gift? ;)

Good luck to all of us and have a Merry Christmas.

The 0.00036722 excess is for the BLOCK SOLVERS group
hope it is the little magic touch that was missing to find a block.
 
thank you citb0in, it's been a long time I hoped to see a group like yours born.

Merry Christmas everyone aslo to
kano the grinch.

Dear c1pzo,

a very generous gesture for which I would like to express my sincere thanks on behalf of the citb0in BlockSolvers group. Hopefully this will be our lucky charm!

Member Sangr3al has reallocated his stake from three future runs and put it into the current run #008. So Run #008 is full and also started in the meantime. Thanks to c1pzo's extra satoshis, we were able to set Run #008 to last exactly 22h, otherwise it would be a few minutes less. Many thanks again at this point.

RUN #008 has been started and is on-going ...
=> Live Stats CKpool (https://solo.ckpool.org/users/1BTC4ALL6a2K1d4Ac4JjNJX7pgfRaaaZNd) <=

Dear Block Solvers, good luck to all of us and most of all Merry Christmas to everyone out there, including the Grinch :D Stay healthy, best wishes to you and yours.

"shares": 406563098449, are all rejected ???

// 20221225071948
// https://solo.ckpool.org/users/1BTC4ALL6a2K1d4Ac4JjNJX7pgfRaaaZNd

{
  "hashrate1m": "3.17P",
  "hashrate5m": "2.54P",
  "hashrate1hr": "2.42P",
  "hashrate1d": "1.39P",
  "hashrate7d": "497T",
  "lastshare": 1671971101,
  "workers": 9,
  "shares": 406436098449,             
  "bestshare": 2524747400019.633,
  "bestever": 2524747400019,
  "worker": [
    {
      "workername": "1BTC4ALL6a2K1d4Ac4JjNJX7pgfRaaaZNd.2500T-22h",
      "hashrate1m": "3.17P",
      "hashrate5m": "2.54P",
      "hashrate1hr": "2.42P",
      "hashrate1d": "1.39P",
      "hashrate7d": "277T",
      "lastshare": 1671971101,
      "shares": 41482000000,
      "bestshare": 39383470032.04522,
      "bestever": 39383470032
    }
  ]
}

how do you come to the conclusion that shares are rejected? that live stats do not reveal any signs of rejected shares. The line you highlighted are the amount of shares times the share difficulty.

Run #008 finished and unfortunately went without a block hit. Our best share we achieved was 39.38 G but we set a new record in total diff transmitted with 44.8 G in this hash rate category. Not bad and with a little luck it might have worked out.
Run #009 has 3 slots open and we could start that next round soon. Let's get this block in year 2022 BlockSolvers ...

Okkk.. sorry my mistake looking quickly it looks like it's not moving.
So you lock the diff? .100000000  why does it change like this?

"shares": 406436098449,"shares": 409759098449

Whatever  i want to change my vote to 5 PH/s for RUN#009 we have to change to find the winning recipe.

Hi c1pzo,

I don't set it myself, the pool (CKpool) does it automatically, the difficulty is set to 1 million (1,000,000) for the hash rate category we usually mine in. It can vary, called "varDiff" and so the diff gets synced between the pool and the miner to achieve an optimum value. Keep in mind that the stats on the CKpool are only updated every 60sec. So if you press F5 several times to refresh the page, you will only see a refresh of the data displayed there every 60 sec.

According to your wish, I have set the voting for the upcoming round #009 to 5 PH/s.

Ok thank you citb0in for your quick response ,I want to do like  SANGR3AL and move my participations on the 009 so if you agree roll it on 5 ph

Alright c1pzo. As per your request, I've removed your stake from run #010 to #012 and moved it to Run #009. So run #009 is full and was started a few minutes ago. We have 5 PH/s for 10h21min and hopefully we crack the Christmas block. Keep your fingers crossed for us, good luck everyone!

EDIT:
Run #009 is over, unfortunately no block mined. We have reached a best share of 127.68 G. In the rental period there were a few dropouts, so we were generously given 1 extra hour for free by the operator. It all worked out, because we received a total of 102% of the advertised hash rate, so everything was okay.

Let's go to the next run, maybe the round number # 010 will bring us more luck? Line up now BlockSolvers and let's finally dig a block.

If a few more people come forward with a 0.001 BTC stake, then we could organize a New Year's Eve run and try our luck at the turn of the new year. Let's go solo miners. The stake of 0,001 BTC should be easy to realize for most of you :-X Maybe we will get it done until tonight and we can start a run. Who knows, maybe we'll have New Year's luck

https://i.ibb.co/VNKgLgC/bitcoin-firework1.png https://i.ibb.co/DQpnMrr/2022-12-31-12-25-30.png

---

From the bottom of my heart a wish a HAPPY NEW YEAR 2023 to you and yours.
Above all, good health combined with lots of love and happiness! All the best for 2023 !!

https://i.ibb.co/DtjghDz/happy-new-year-2023.jpg

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: Jack_Dennis
My stake: 0.001 BTC for #010
My TXID: f313b93fe3d8e1f62d92ce72c2cc89b3ad55fccab67165b32293dda790086234
My payout address: bc1qm342dsrkh3szjf0s7x558tl4whelc4xls66gv4
My vote for hash rate: 2.5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Hi Jack_Dennis,

welcome onboard :) you have been registered for run #010.

Good luck and thanks for joining.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: yoshimitsu777
My stake: 0.002 BTC for #010 and #011
My TXID: 6cd236222be8ec2b918289272c12bc9c943739ee1459204888a80bfeb4093eb2
My payout address: bc1qana6786aa038zcct3w0uasr2qt4l07xs6re7fx
My vote for hash rate: 5 PH
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Hello Yoshimitsu777. You are successfully registered for round #010 and #011.  :)

Additional info:
Power run #20 has been updated and is open for deposits. Stake per slot is 0.007 BTC. We rent the enormous hashrate of 100 PH/s for about 3 to 3.5 hours.

https://i.ibb.co/Dt3XrGk/2023-01-06-10-22-21.png

With this tremendous hash rate we would have very good chances to crack the block. Let's rock that block  ;)

perfect.i will also join power 20 run and send money next week or so
100 petahash very big and nice

i just deposited 0.007 BTC for participating in power run with 100 ph/s

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: yoshimitsu777
My stake: 0.007 BTC for #020
My TXID: 25251fc1621579e6e665dbbd8d2869ee320728850bd0e340c8fd48d92360c73f
My payout address: bc1qana6786aa038zcct3w0uasr2qt4l07xs6re7fx
My vote for hash rate: 100 ph/s
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

i am totally excited and cant wait for it

Nice  :) You have been successfully registered for the power run #20 with 100 PH/s. I am also very excited and looking forward to it. We just need more people to join and hopefully we can launch this power run soon. Stay tuned  8)

Hello,

For me there is a huge mistake in the calculation of the winning chances :


You can't say for example that there are 144 blocks mined each 24h (=1 each 10 min) and thus if we run the miner 24h non-stop we multiply our chances by 144.
Yet this is the reasonning applied as for example : with a hash rate of 50 PH/s --> chance per block = 1/5347 --> chance per 24h = 144/5347 = 1/37 which is false.

Since the draws are independent for mining each new block, the chances are constant as long as the hash rate is constant and no matter how many times you repeat the mining attempts.

There is a topic in wikipedia that gives a better explanation : https://en.wikipedia.org/wiki/Gambler%27s_fallacy (https://en.wikipedia.org/wiki/Gambler%27s_fallacy)

If the project of @Willi9974 is also based on the assumption that we increase the chances by mining for longer periods of time, then a lot of people might be loosing their money.

Correct.


You seem to have something mixed up. Willi9974 meant the following: if you would for example mine with an existing total amount "x" with 25 PH/s hashrate for 6h duration, then the chances of a block hit are exactly the same as if you would mine with the same amount "x" with 50 PH/s for 3h duration, which with 5 PH/s hashrate for 30h duration. And this is a correct statement.

Solo mining as it is done here and also by Willi9984 is clear to everyone and should be considered gambling. You should only bet as much as you are willing to lose.
The values are derived from solochance.com (https://solochance.com). For further questions about the calculation and the background, you are welcome to contact the developer in this thread (https://bitcointalk.org/index.php?topic=1613825.0).

Sorry, I insist because people might be fooled (and loose money) by the chances of mining a block that were announced.

You say that I'm correct about the Gambler's Fallacy but you are still talking about time. Hashrate and only hashrate matters for the probability of mining a block.

[chance with 50 PH/s for 3h] > [chance with 25 PH/s for 6h] > [chance with 5 PH/s for 30h] that is simply because you can remove "for xh".

The post should be edited to :

Chances to mine a block are :

at   1 PH/s --> 1 in 267.342 per block
at 2.5 PH/s --> 1 in 106,937 per block
at   5 PH/s --> 1 in  53,468 per block
at  10 PH/s --> 1 in  26,734 per block
at  25 PH/s --> 1 in  10,694 per block
at  50 PH/s --> 1 in   5,347 per block

and yet I didn't check the latter, it could be worse.

The calculation in "solochance.com" is also wrong. I don't know if it's intentionally to just encourage people to use a solo-mining service.

The more I have dealt with it, the more clearly I agree with you. You are absolutely right. There's no guarantee you'll hit a block with any amount of hashrate, simply better odds the more hash rate you use. Time is useless in that calculation. I have adjusted the original post in this section. Thank you for your attention and advice.

They do not increase the chances by mining for a longer period with a lower hashrate, but also, no one is losing money, I am not sure why are you taking the time factor out of the equation when you are hashing against x for x period.

To put this in a simpler form, when you pay 100$ you get 100 shares, in other words, 100 shots to solve a block, whether you take those chances in 1 minute or over the course of 10 days it makes exactly no difference, the chances of those 100 shares hitting a block remain the same.

What really matters here is the TOTAL NUMBER of shares you submit, not how FAST you submit them, every share is an independent event that has the ability to be a block solver, if what you think is true then mining pools would operate in a different manner.

Binance and Viabtc will join forces to increase their hashrate, say each has 10EH worth of hashrate, they would mine for Binance wallet with 20EH for 12 hours, and then 20EH for Viabtc wallet for the remaining 12 hours, and then at the end of the day, they would end up with more coins than having mined individually for 24 hours with 10EH each, that is not true by any means.

The fact is, that 20EH produced 20EH per second for 12 hours which is the same number of shares that 2*10EH*24 hours, you are missing a major point here which is the power you rent is sold as in Hashes per SECONDS.

And as for the Gambler's fallacy, it has nothing to do with why OP's initial numbers are correct,  not sure why he agreed to your claim and changed the post. :D


If anyone still thinks that 50PH for 3 hours doesn't have the exact same chances of hitting a block with 25PH for 6 hours, go ahead and email all the large 10 pools that make up 90% of the hashrate and tell them you found a cheat code for mining, let them join their 300EH together and mine to one wallet every 24/10 hours so they can increase their chances of hitting blocks and end up with more BTC by the end of the month.

And a second point is: when you rent the hashrate, the more hashrate you rent at the same time, the higher the price, you get less shares for the same budget. So rather rent less speed but longer time.
At the end the same price, but you get more shares. Cost per share is lower at lower speed. Supply and demand on a hash rental place.

Best regards,
Willi

In my opinion, two different statements are considered, both of which are correct and are unintentionally mixed, which is why they lead to different opinions.

A)
What akaki meant is that the odds calculation related to the block is correct. To illustrate it in another example: you have a dice and the goal is to roll a six. You are only allowed to roll once every 10min. To the question "What is the chance to roll a six?" the correct answer is always the same, it is "1/6", so the probability is 0.16667 % to roll a six. Just because you are allowed to roll again the dice 10min later, it does not mean that the probability to roll a six increases. It always and steadily remains 1/6.

B)
What mikeywith and willi9974 mean refers to the comparison between using 50 PH/s for 3h or renting 10 PH/s for 30h with the same money available for the hashrate rent. Here, the factor of the amount of use comes into consideration, since you have to rent the hashrate on the marketplace at the prices available. And inevitably coupled to the hash rate and the price is also the factor time. Therefore, this consideration should only be compared within this group (B), but not mixed with (A).

What the creator of the solochance.com website and many others do is: they multiply/divide the probability of a block hit (related to the block) by the number of 10min periods and thus mix the result with time. However, the time factor has no consideration in the probability calculation. The result of the thus faked probability is thereby glossed over.  At least that's how I understood it, which is why I think that both statements are correct.

I have to disagree, akaki put and end to all speculation by saying


The quoted statement is just wrong, the correct statement would be


or





I don't think this is what he meant, but anyways, this illustration is wrong, there is no such thing as "roll once every 10 min" you roll as often as you can, it's just that difficulty that "ensures" you only get 2016 six in 2 weeks assuming you don't increase the rolls.


 

The numbers on solochance.com are perfectly correct, looking at akaki post history, I am surprised to why he is confusing himself, he seems to be pretty good at math, maybe missing the logic.


Let's clear up some confusion:

The difficulty adjusts based on the time it took to solve the previous 2016 blocks (more like 2015 blocks due to some bug in the code but can be ignored for now)

So, if the difficulty of the previous epoch was 10 units, and the time it took to solve 2016 blocks was 2 weeks, the difficulty will stay at 10 units, this brings the question, how did the pace of finding blocks get to exactly 2 weeks or 10 minutes average block time? it's because the NUMBER of hahses produced by miners remained the same.


So epoch A had a diff of 10 units and the number of hashes was 1000, based on the difficulty of 10 those 10000 shares can only possibly find 2016 blocks in a period of 2 weeks/avg block time was 10 mins.

see that 10 units of difficulty couldn't care less how the 1000 hahses were generated, if all the miners shutdown their gears for 13 days and do manage to hash 1000 hashes on the 14th day, the block average will still be 10 mins and thus no diff change will accur.

using the dice analogy, you are required to roll 6 at the first epoch, the protocol wants you to hit just one 6 every 10 mins, if you manage to hit more 6s in under 10 mins, the requirement will change, and you are now forced to roll two 6s in a row, now that will need 10 mins to happen, if you do more rolls and manage to hit two 6s in less than 10 mins you will be required to roll three 6s and so on.

while rolling a die every time is an independent event, you will still hit a 6 on average every 6 rolls, you can test it yourself, roll a dice 60000 times and you will likely get 10000 six :D,

Still at the dice analogy, the bitcoin dice is actually 2^256, the number of dice sides that can solve a block is determined by the difficulty/target, simply put, with the current difficulty of 37.89T every hash has 1 in 37,885,054,421,573 chance of hitting a block.

let's do more math for fun, the time it takes you to find a block is

time in seconds = difficulty * 2^32 / hashrate in seconds

with 50PH the equation is

((37885054421573 * 2^32 / 50000000000000000) / (3600))  = 903 hours
 on average to hit a block, let this 903 hours sink in for a while because we will use it later, and by the way, the division by 3600 is just to convert seconds to hours.

so the above equation suggests that IF you hash 50,000,000,000,000,000 (50PH) every second for 903 hours, you are likely to hit a block, that is 50000000000000000*60*60*903 hashes in a total of 162,540,000,000,000,000,000,000 hashes submit over the period of 903 hours gets you a block on average.

*(60*60 to convert seconds to minutes > minutes to hours )


Now let's say I want to produce the same hashes in just 9.03 hours instead of 903 hours, 9.03 hours has 32,508 seconds, so 162,540,000,000,000,000,000,000/32,508 = 5,000,000,000,000,000,000 hashes/second ( 5000PH)

using the same equation above we now have

((37885054421573 * 2^32 / 5000000000000000000) / (3600)) = 9.03 hours.

now just for fun, I want to produce the same number of hashes over the course of 9,030 hours, without doing any more equations, I know I can just hash at 5 peta hash/second for 9,030 and still get the same result as 50PH over 903 hours, but while the calculator is still open, why not?

5 petahash = 5000000000000000

((37885054421573 * 2^32 / 5000000000000000) / (3600)) = 9039 hours.


Notice how everything here revolves around the total number of hashes (162,540,000,000,000,000,000,000), if I hash them at a rate of 50PH/S i need 903 hours, if I hash them at 5000PH/second all I need is 9.03 hours, if I hash them at 5PH/second I'll need 9039 hours.

By now, it should be clear that it's all about the TOTAL NUMBER of hashes you submit, so back to Nicehack or any rental services, you actually pay per HASH, when you go buy those 162,540,000,000,000,000,000,000 hashes on nice hash you will pay x BTC and it's up to you how fast you want to "consume" them.

for economical reasons and supply/demand, it's sometimes wiser not to put massive orders in the order book as that could trigger a price increase.


Also, it's perfectly fine and correct to say


akaki insisted that you can't say so, not sure what's the reasoning behind it, the difficulty does keep block inteverals at 10 minutes average, so using 144/day to get a daily chance for x hashrate/second is perfectly correct.

@mod: Since this topic is very off-topic and for reasons of clarity and sense would be better in the technical part of our forum, I hereby ask a moderator to move the last 9 posts starting from post #46 (https://bitcointalk.org/index.php?topic=5419205.msg61600133#msg61600133) into the subforum Development & Technical Discussion (https://bitcointalk.org/index.php?board=6.0). You could the thread title "probability / chance of hitting a block" or anything else you might find useful for it. Thanks a bunch in advance.

---

Hi @mikeywith and sorry for late reply. I took time today to look at this question and better understand the connections. Thank you for your detailed explanation, which helped me a lot to understand. For a better understanding I wrote a Python program in parallel to be able to implement and compare what I learned right away. Please correct me if I made any incorrect statements or thoughts about this below.

First things first.

Wikipedia says:
Probability is the branch of mathematics concerning numerical descriptions of how likely an event is to occur, or how likely it is that a proposition is true. The probability of an event is a number between 0 and 1, where, roughly speaking, 0 indicates impossibility of the event and 1 indicates certainty. The higher the probability of an event, the more likely it is that the event will occur. A simple example is the tossing of a fair (unbiased) coin. Since the coin is fair, the two outcomes ("heads" and "tails") are both equally probable; the probability of "heads" equals the probability of "tails"; and since no other outcomes are possible, the probability of either "heads" or "tails" is 1/2 (which could also be written as 0.5 or 50%).

For the sake of simplicity lets not considering the competition from other miners. In that case, if only you participate in the Bitcoin mining network as a solo miner and the difficulty remains static, then the probability of finding a block is equal to 1 since you provide the entire hashrate of the network. It's certain that we will hit the block. The only thing we need to know is the expected average time to hit the block. To calculate the expected time until we find a block, we can calculate the average number of hashes needed to find a block. The average number of hashes needed to find a block can be calculated by multiplying the difficulty of the network by 2^32.

So the average number of hashes needed to find a block is:
<current difficulty> * 2^32 = 37,590,453,655,497.09 * 2^32 = 161,449,769,092,163,668,279,296

To calculate the expected time until you hit the block we divide the average number of hashes/sec needed to find a block by the hashrate of the solo miner. Let's take for example the Bitmain Antminer S19 XP @ 140 TH/sec or 140,000,000,000,000 hashes/sec. Thus:
average number of hashes per second / hash rate of the miner = time in seconds needed to find a block.
161,449,769,092,163,668,279,296 / 140,000,000,000,000 =  seconds


= 36.57 years

Note, however, that this is an average time and it may take longer or shorter to find the block. The scenario explained so far can be compared to VanitySearch for a better understanding, where you try to search for a matching hit with your GPU. You are the only searcher and it is certain that you will land the hit in the future even if it would take light years in the case of very complex calculations. But also here, like VanitySearch, you can give an expected time at which you will find what you are looking for. The probability to find a match is 1.

I want to know the probability of a given hash rate to hit a block within the time frame of 10 minutes. Following formula only takes into account the miner's hash rate and the current network difficulty. It assumes that the miner is the only one mining on the network and that the network difficulty remains constant.

P = (hash rate of solo miner) * 600 / (difficulty * 2^32)

- 2^32 is used because Bitcoin uses double SHA-256 and thus there are 2^32 possible solutions per each block. A better explanation can be found HERE (https://bitcointalk.org/index.php?topic=1682.msg3553972#msg3553972)

Two examples:
hash rate: 140 TH/s will result in probability of 0.0000005203 (decimal value) or expressed as a percentage value = 0.00005203 %
hash rate:   50 PH/s will result in probability of 0.0001858163 (decimal value) or expressed as a percentage value = 0.01858163 %

- this probability so far only applies to a single block for the given time frame of 10 min and not a continuous mining period
- the total network hash rate is not used directly in the calculation, but it is used indirectly through the current network difficulty we retrieved

I fully agree to:

Now let's take all the other miners into consideration, so we are competing against them. I guess that @akaki meant that after a block discovery the cards are reshuffled and it has no meaning what had taken place in the past. From the time of each new block the point of view starts again from zero.

I still fully agree to akaki's statement which sounds correct to me. An essential characteristic of that is memoryless, the intervals between any two events are independent of, and statistically identical to, each other.

However, you say that you can calculate the probability of finding a block within 1 day (=24 hours) by multiplying the result we got before (probability per 10-min = 0.0000005203) by the number of 10-minute intervals in a day (=144). So you say 0.0000005203 * 144 = 0.0000749232 (decimal value) which represents the probability of hitting a block with 140 TH/s within one day. The probability is 144 times higher and if you extend this to a whole week or month the probability raises accordingly. If I understood correctly from what you said, the reason for this is that if the network difficulty remains constant the probability of finding a block within a certain time frame is directly proportional to the number of 10-minute intervals in that time frame. This is because the probability of finding a block is determined by the miner's hash rate, the current network difficulty, and the number of possible solutions for each block (2^32) which remains constant. But this approach does not take into account the fact that once a block is found, everything is reset and you start from scratch. This is exactly what akaki says and wanted to point out and in my opinion is also correct. Other important points that should not be ignored are: the Difficulty changes every 2016 blocks and is therefore variable. You cannot simply use the previously calculated probability per block as a basis and multiply it by a time span x, that would not be correct in this context.

Another point worth considering in this context would be the difference between probability and chance. There is a lot of information about this on the Internet, e.g. HERE (https://www.differencebetween.com/difference-between-probability-and-vs-chance/). These two terms are often used mixed.

Finally, since you are competing against other miners in the real case, you can determine the probability of a block hit within a block period for the solo miner quite simply as follows. When mining Bitcoin, the miner performs a double SHA-256 hash of the block header, and the miner's goal is to find a value that is less than the target. The target is a 256-bit number that is dynamically adjusted by the protocol every 2016 blocks (about two weeks) to ensure that the average time to find a block is 10 minutes. The target is inversely proportional to the difficulty, so the lower the difficulty, the higher the target, and vice versa. The difficulty is a measure of how difficult it is to find a block relative to the easiest it can ever be. The hashrate is measured in hashes per second. The probability of adding a block as a solo miner are determined by the number of hashes the miner's rig is computing per second in relation to the total number of hashes that all of the machines on the network are computing each second. The probability of finding a block for a solo miner is determined by the miner's hashrate relative to the total network hashrate and the difficulty of the network so a miner with a higher hashrate can perform more hashes per second and thus have a higher probability of finding a block.

Here is some output from the Python program I wrote during this excursion. The part with brown color is not correct in my opinion but I have included it in the output for comparison reasons.

Alas, this is where you both are getting confused, there is no such thing as "reset", you are not competing against any other miners, you are competing against the difficulty and your only weapon is the number of hashes, your luck doesn't reset with every block, it resets with every hash, every hash has the same exact chance of hitting a block regardless of the status of the network, other miners when was the last block found, who found it, or anything else.

Saying that you are competing against other miners suggests that if other miners pull out and stop hashing, your chances of hitting a block will increase, which is false, even if everyone else stops mining and you are left alone, your chances will change by 0%, if your initial chances were to hit a block in 10 days, it will still be the same.

In the first half of your post, it seems like you cleared the confusion, at least got the correct logic for the most part, but the quoted part is where things got messed up, it's a popular belief for many people to fall into, this is the inverse way of thinking that just because 9 minutes have passed since the last block, the chances to hit a block in the following 1 minute is higher, no, it doesn't work this way, every single share submitted to the network has exactly the same chance of hitting a block.

You need to ditch the idea that tells you that miners are mining the same exact same block, and you can only start mining a block when one is done, you need to understand that every hash is trying to mine its own block if it manages to do so, it simply tells the other miners "hey guys, I am going to name my block 1011, so please if any of you manages to find a block, use a different name "1012", don't let this give you the illusion that everyone is now mining block "1012" , NO! NO!, everyone is mining their own random block, and IF they hit one, they will name it "1012".

So long story short, there is no "RESET" here, every share CAN find a block at any given time, and the chances of your hashes hitting a block are 100% independent from every other hash anyone else has.


Now as to why using 144 blocks a day is perfectly valid, it's because the difficulty was set to ENSURE that IF the hashrate was stay constant (i.e the number of hashes for the period of 2 weeks) remains the same, the total shares combined will only find 144 blocks every 24 hours or 2016 in 2 weeks, or 1 every 10 mins, all valid representation of the code which simply calculate the total timespan between the last 2016 blocks against the target timespan which is 2 weeks in seconds.

To understand the last part more, you need to think of all miners as one miner (but please don't let this confuse you with the previous part), all miners combined have x amount of hashes to try, in theory, those x hashes combined will find a block every 10 mins.

If things are not crystal clear by now, I am sorry, I don't think I can make this any clearer, hopefully, someone else who knows how to explain things better can chime in.

@mikeywith: thank you so much for the effort you put in to explain this in such detail. You have really helped me with this. It helped a lot in understanding after reading through this several times and reading and delving into various sites around bitcoin. I am quoting the key points you mentioned.


Very important and accurate points. I have now understood that only the current Difficulty plays a role in the probability calculation for a block find and is used as the basis of the calculation. The Bitcoin Wiki (https://en.bitcoin.it/wiki/Difficulty) page has further assisted in understanding this.

this was also a very helpful information, thanks!

I think this topic belongs in the "technical section" of the forum. I had already asked the moderators to do this, but unfortunately it hasn't been implemented yet. I have meanwhile manually opened a new thread (https://bitcointalk.org/index.php?topic=5437062.0) and the relevant posts here #46 to #56 from this topic were moved (quoted) in the new thread as takeover. Let's discuss this matter further there, so that this thread here of the project "Block Solvers" remains clear and does not run further into off-topic.

For your information: I have undone the change in the info page #1 and reset it to the original state.

For all other questions or comments about "probability calculation" please have a look at the linked thread (https://bitcointalk.org/index.php?topic=5437062.0).

Thanks for the attention and support.
citb0in

@mikeywith: thank you so much for the effort you put in to explain this in such detail. You have really helped me with this. It helped a lot in understanding after reading through this several times and reading and delving into various sites around bitcoin. I am quoting the key points you mentioned.


Very important and accurate points. I have now understood that only the current Difficulty plays a role in the probability calculation for a block find and is used as the basis of the calculation. The Bitcoin Wiki (https://en.bitcoin.it/wiki/Difficulty) page has further assisted in understanding this.

this was also a very helpful information, thanks!

I think this topic belongs in the "technical section" of the forum. I had already asked the moderators to do this, but unfortunately it hasn't been implemented yet. I have meanwhile manually opened a new thread (https://bitcointalk.org/index.php?topic=5437062.0) and the relevant posts here #46 to #56 from this topic were moved (quoted) in the new thread as takeover. Let's discuss this matter further there, so that this thread here of the project "Block Solvers" remains clear and does not run further into off-topic.

For your information: I have undone the change in the info page #1 and reset it to the original state.

For all other questions or comments about "probability calculation" please have a look at the linked thread (https://bitcointalk.org/index.php?topic=5437062.0).

@mod: You can safely delete #46 to #56 as I have successfully moved them to the new thread #2 in the technical sub-forum (https://bitcointalk.org/index.php?topic=5437062.msg61667263#msg61667263)

Thanks for the attention and support.

---

Now back to the topic. Run #10 still has 3 open slots. Stake is 0.001 BTC as usual

And for those who are interested in more power, take a closer look at the Power Run #20 :)

C'mon Block Solvers . . .

Hi Mate ...

I'm happy to fill those slots.

What do You need?

#crysx #cwi

Hi chrysophylax. Just check the thread #1 (https://bitcointalk.org/index.php?topic=5419205.msg61227301#msg61227301), it's everything explained there ;) If you like to fill the 3 slots of run #10 then send 0.003 BTC to bc1qtyvxwhwctneje9zjvqkzvp6yqtnqc3xs0sf6vd with the filled template that contains your name, your stake, TXid, your payout address and your vote for the desired hash rate. Looking forward to your deposit and hopefully we could launch run #10 soon ...  :)

Sure ...

I will look at that this afternoon and organize it.

Thanks Mate!

#crysx #cwi

Is this Correct?

---

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
My BCT Forum Name : chrysophylax
My Stake for Runs : 0.003BTC for #010 at 0.001BTC for Each Slot (8,9,10)
My TXID for Payment : bab3465959985606a9f8beb80869cac09fb16fd83d3af4bc33b5cb8b3db54dce
My PayOut Address : 1A9zUUcoghLwMRLvdhtaYuUZmq47W9fJQT
My Vote for HashRate : 3PetaHash
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

---

The BTC Address is a one of the Binance Exchange Addresses so it may change later. Just doing this as a test/play basis :) ... I more than likely will only want 3 positions in any of the Sessions I enter into. It is just for fun after all.

Let Me know if all is well. I checked all the transaction details and they all check out. The Money is in the wallet right now.

https://btc.cryptoid.info/btc/address.dws?bc1qtyvxwhwctneje9zjvqkzvp6yqtnqc3xs0sf6vd.htm
https://btc.cryptoid.info/btc/tx.dws?811857420.htm

#crysx #cwi

Hello chrysophylax. Your stake has been gratefully received, I have just updated the list. There was still one slot free, I had overlooked it because I had a typo in the numbering of the number of participants :) but I have filled the remaining slot, so we are now complete for round #10 and can start soon.

I will prepare everything and start the run #10 with 2.5 PH/s soon.... Stay tuned

Great ...

I am curious to see how this all goes.

#crysx #cwi

Run #10 just started at 2.5 PH/s for a run time of about 21.7h. Let's keep our fingers crossed that we find a block. Good luck Block Solvers !!!
As usual, all statistic updates in thread #2 (https://bitcointalk.org/index.php?topic=5419205.msg61227304#msg61227304) under run #10

---

We got 1.13 T  ::) :) come on, a little bit more .. c'mon

---

EDIT:
We achieved 1.13 T. If we had 43.05 T then the block would have been ours. Too bad, only little had been missing. Submitted total diff was 44.3 G. All stats posted as usual on page #2. Round #11 is next and there are plenty of free slots available, stake as usual only 0.001 BTC per slot. If the power runs #15 or #20 are filled before, they will of course start independently from the normal runs. Let's go solo miners ... let's finally mine the block and collect the reward 8)

Name: Forum Gholly
My stake, for runs: .001 BTC for #011
My TXID:831effa7076905847c002dc9016ec02ceb80bb3e5b733a6b38997fa4da52c3ff
My payout address: bc1q8z868rqv6f3h3gl94qsr58qhd2hhx75qhkmwgr
My vote for hash rate:  2 PH

I am having trouble getting this to post...

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: 43.6T
My stake, for run: 0.001 BTC, for #011
My TXID: 33da3ad43f5ad83143b46291b6237ce2397207424b7efbba4ac760ebd2ad1ee1
My payout address: bc1qa984hqgagyyw6cvesl60xmu3p398sl9wh5uy8w
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Hi and thanks for participating. You were successfully registered for run #11

Thank you.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: 43.6T
My stakes, for run: 0.001 BTC each, slots 8, 9, 10 for #011
My TXID: 2e1c78fa3aaf11c2b7673ba5bd6a441a4cfff8977f9ca9cbde53e7d2ec5c4546
My payout address: bc1qa984hqgagyyw6cvesl60xmu3p398sl9wh5uy8w
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Alright... It looks like someone really wants to activate run #011 :) don't mind and look forward to starting soon. According to the votes we will launch run #011 with 5 PH/s. Hopefully we also crack a block (or two?  ;D), that would be really awesome.

FYI: as I just see on the hash power marketplace, prices have gone up. With our pot 0.01 BTC we can run 5 PH/s for 8h. Or alternatively: We vote again together for the hash power for round #011 and if we decide to start with 2.5 PH/s, then the price would be much cheaper. Then we can run a total of 24hrs and 50min at 2.5 PH/s with the funds we have. Or we wait until cheaper rigs become available again, which allow us 5 PH/s at more favorable conditions. But currently there is no cheap rental option at 5 PH/s.

To all participants for run #011 --> do you want to start right away or should we start at a specific start time like today (13/Mar/2023) at 06PM UTC? And please give feedback for hashrate.

May as well start now knowing what the rate is.

I will bring my votes down to 2.5 PH/s as well.

Thanks for your feedback. So we're considering starting with 2.5 PH/s. Let's wait for some more feedback of the other participants for round #011 . . .

Definitely.

2.5 P for almost 25 hours surely is better than 5 P for 8 hours. Just going by the total number of "tries" it would get at it. Unless I am missing something.

Higher number of overall tries for the longer run should be better than a shorter run with a higher hashing power that then results in a much lower overall number of tries for that run. Again, unless I am missing something. I literally just got here.

I am arguing against my own 5 P vote now. :) even though Willi's 20 P "go big or go home" is very hard to ignore.

I'll wait until 06:30 PM for feedback. If no more contrary opinions flow in, I would launch #011 with 5 PH/s for approximately 12h. Stay tuned ...

---

EDIT:
a cheap rig with 5 PH/s has become available. This is priced almost exactly like the 2.5 PH/s we would have taken. The offer is good! So we could also run 5 PH/s and indeed now with this cheap rig it would be 5 PH/s for about 12h. What do you think? Do we go with 5 PH/s at the start after all? need some input guys. This is a good opportunity

Is the 2.5 P more or less still around just under 25 hours? If it is, and it hasn't jumped well over the 25 hours, I would go with the 5 P for the 12 hours.

Price changed. The 2.5PH/s was cheaper. I will focus on that, because we can rent longer and benefit from this.

We go 2.5 PH/s for 27h 30min.  ;) that's much better

I would go with the 5 P, it is more competitive in a shorter amount of time. The overall difference will not be as great as before, between the 2.5 P and the 5 P if the 5 P can now be had for around 12 hours.

Edit: I saw the last update. Okay. Agreed. Anything over 24 hours now brings the advantage back to the 2.5 P.

run #011 has been launched. We are hashing with 2.5 PH/s for 28h and 12min ==> SoloCK Live-Feed (https://solo.ckpool.org/users/1BTC4ALL6a2K1d4Ac4JjNJX7pgfRaaaZNd)

Good luck !!  :)

Good luck. :)

I noticed earlier that I had posted 27h30min for the total run time. And I saw that the available 0.01 BTC from our pot was not fully used. I guess that at the time of the launch the prices have fallen slightly and thus improved in our favor. Therefore, I just used the remaining coins and bought an "extension" of 42min. So our lap runs not only 27h30min but in total 28h12min. This is just for information, so do not be surprised if run #011 runs a little longer :)

Thank you.

Run #011 has been completed, unfortunately without a block hit. We got 100% of the rented hashrate and achieved a total diff of 57.3 G. Too bad it didn't work out.

---

Check out the power run #015 with 25 PH/s and MEGA run #020 with 100 PH/s. Hopefully we crack a block with them at high hashrate. Would be great to hit a block, the profit per slot is high, because we're only 10 participants per round. Let's fill them and rock the blocks with a high hash rate guys ...

Where do we check those runs?

Read post #1 and #2 (https://bitcointalk.org/index.php?topic=5419205.msg61227304#msg61227304) of this thread:


You send your stake to the mentioned address and you post the template here, so I can register you for the particular runs:

for example, if you wanna participate on run #012 and #015 you send 0.004 BTC to the address address mentioned #2 and then you fill and post the template here:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: soul_trader
My stake: 0.003 BTC 0.001BTC each for #012,#013,#014 and 0.003 BTC for #015
My TXID: 1dfb22e445a2115bad26c7c445ade09c304c026ce0882aef61db64e238982697
My payout address: 188NQfP467hVg9UhR4GUYuQkh3Hxc6J2Ju
My vote for hash rate: 5P for #012,#013,#014 and 25P for #015
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

@soul_trader: you have been successfully registered. Thanks and good luck!

Fingers crossed!Hope God will let us be lucky!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: markdil
My stake: 0.001 BTC for #012
My TXID: 681de697126f62e6002024e3eb1d860aa57f10ccdd4c9757b8b54cb6580e191b
My payout address: bc1qnq9cg3uly3zmdpr200rtgjz50hff2hnswkvrqw
My vote for hash rate: 2.5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

you're in markdil, thank you. Good luck to all of us  8)

Hello Avokiwi. Thank you. You are registered for run #012. Good luck  :)

We have 3 free slots left for run #012 and hopefully we can launch soon

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: markdil
My stake: 0.001 BTC for #012
My TXID: 5bdd5f0372f0863d9ecfbc42edb2bacf3f0aa50f66a3763774a78d7b50ab31ab
My payout address: bc1qnq9cg3uly3zmdpr200rtgjz50hff2hnswkvrqw
My vote for hash rate: 2.5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

OK, I am in again. Let's get this party started! There is a block waiting with RUN #012's name on it! ;D

Hope so ;) there are 2 slots left for standard run #012. As soon as they get filled we will launch . . .

Good morning everyone. Run #012 is filled and was just started with 2.5 PH/s for 28h14min. I wish us all good luck :P 8) :) :) :)

---

new current best share -> 312.2 G

I missed this one.

Will you allow 1 more to join even though it has started? I will pay twice the BTC for one spot and keep it going a bit longer.

sorry, this is not possible at all. Just subscribe for the next standard run #013 or even the power run #015 or mega run #020 ;)

---

Run #012 finished at 11:15 AM UTC. We got extra time because there were a few hashrate drops in between. With MRR, you actually get the performance for the amount of coins you pay for. Either the hashrate is increased and/or the time is extended. We reached our 100.1% in run #012 so everything is fine. Our best share was 354.26 G and all other stats are posted in thread #2. It's a pity that there was no block find, but I still think we achieved good values with 2.5 PH/s.

Next standard run is #013 and for those who want to go with higher hash rate power have a look at #015 and #020 ;) Looking forward to a block hit. Let's go BlockSolvers

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: markdil
My stake: 0.001 BTC for #013
My TXID: c1909005e3c4657701b8ccb214c4f44b967c5d43ee4b0aa9072fcca5f4c8ed87
My payout address: bc1qnq9cg3uly3zmdpr200rtgjz50hff2hnswkvrqw
My vote for hash rate: 2.5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

+++++++++++++++++++++++++++++++++++++++
Name : iwantmyhomepaidwithbtc2
My stake : 0.002 for #13 and #14
My TXID : 97c1278b56fe7d4fcbbdee62d84e214b5234a7e9555a904fcdeca140eacb5bd2
My payout address: bc1qruv49ns4ssdx2r949ugnm2q50cavajfq3aydz8
My vote for hash rate : 5 ph/s
+++++++++++++++++++++++++++++++++++++++

https://i.ibb.co/dGGwm93/1.png

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: 43.6T
My stake, for run: 0.002 BTC (2 spots), for #013
My TXID: 379883026da01496e1d87204efbe1fb2c2497eb9cfeb5567acc6ab8dcf83cdd2
My payout address: bc1qa984hqgagyyw6cvesl60xmu3p398sl9wh5uy8w
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

you've been registered appropriately, thanks.  :)

There are two slots left open for run #013 which will start propably @ 5 PH/s soon ...

EDIT:
I've picked slots 9+10 for run #013 which is now ready to launch. Stay tuned, we'll launch soon ...

EDIT:
Oh! I see that someone else at the same time also spent 0.002 BTC, obviously to fill run #013 :) so we had same idea. Whoever you are, I will wait for your template post here. If you don't mind, I suggest following: I take slot 9 and you can take slot 10. And the other slot will be filled for run #014. Is that ok for you MisterX ? I already moved 0.001 BTC of my stake to slot #014 to free one slot for #013.

Sorry, I confused it. MisterX is iwantmyhomepaidwithbtc2 and did spend 0.002 BTC with transaction ID 97c1278b56fe7d4fcbbdee62d84e214b5234a7e9555a904fcdeca140eacb5bd2 today 31/Mar/2023 at 06:35 PM already. That transaction is still unconfirmed. Hopefully it'll get confirmed soon ...

Nevertheless, so I take both slots of #013 and we're ready to go ... stay tuned

---

Run #013 has been successfully launched at 5 PH/s for approximately 14h 31min
Good luck BlockSolvers !!!  ;) 8)

Hey OP,

Sorry I've put a 10 sat/vb fee as I thought the next run would start on tomorrow, I didn't thought it will be late.

So I increased the fee to try to avoid any potential issue, Here is the new txid : 25e91d05453b6f7c09dd291eb13082a9b1f2a401b3bf889722eca65c426ee47a

Good luck to all of us guys!

FYI --> There were dips and drops during the rental hashrate of current run #013. We have therefore again been assigned extra time and increased hashrate, so that we get 100% of the paid performance. Currently we are running permanently above 5 PH/s and due to the extra time it will probably run a bit longer.

---

Run #013 unfortunately ended without a block find. We got 100% performance in total through the extension, which is what we paid for. We unfortunately only scored a best share of 39.28G, but funnily enough we delivered 55.5G shares, not bad. Still, I would have preferred a block hit. Well, hope is not given up. Hopefully it will work out with the PowerRun #015 or MEGArun #020 ...

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: markdil
My stake: 0.001 BTC for #014
My TXID: 22cfc70e140a4650f30b5fd8044ddf1eaeaa6a137f38dc470c4334075828b524
My payout address: bc1qnq9cg3uly3zmdpr200rtgjz50hff2hnswkvrqw
My vote for hash rate: 2.5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

"If at first you don't succeed, try, try again."  :) ;D

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: 43.6T
My stake, for runs: 0.001 BTC each, for #014 and #016
My TXID: 0b24ea12170cfe2c70374eeaa1875b8cf2cced3f8573873f2ee941b06b5795cf
My payout address: bc1qa984hqgagyyw6cvesl60xmu3p398sl9wh5uy8w
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

No one else willing to trigger 14th and 15th runs??

Hmmm ...

I'll gamble!

How would You go about filling them in?

#crysx #cwi

Hi chrysophylax,

check #1 (https://bitcointalk.org/index.php?topic=5419205.msg61227301#msg61227301) and #2 (https://bitcointalk.org/index.php?topic=5419205.msg61227304#msg61227304)  :)

TL;DR


Choose the run(s) you want to participate in and according to the slots you wanna fill send your payment to the mentioned bitcoin address. Then post the template with your details (see following example):

HTH ?  ;)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: 43.6T
My stake: 0.003 BTC for #015
My TXID: d955dc52ec38ca54221b8e579a93ebc5bc151071cd38fb28e288744bf8141373
My payout address: bc1qa984hqgagyyw6cvesl60xmu3p398sl9wh5uy8w
My vote for hash rate: 25 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Thanks 43.6T, you have been successfully registered for run #015 which will obviously be launched @ 25 PH/s for the duration of approx. 08h 015min (depends on current hash market rates). There are 4 slots left . . . let's go BlockSolvers 8) 8) 8)

It takes a bit too long to fill the seats…

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: yoshimitsu777
My stake: 0.001 BTC #14, 0.003 BTC #15
My TXID: 17b4dd261f7292545bd914bca4f70cfe6e00a43a5828f948e915723ae055e993
My payout address: bc1qana6786aa038zcct3w0uasr2qt4l07xs6re7fx
My vote for hash rate: 5 PH #14, 25PH #15
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

@yoshimitsu777: you have been successfully registered for runs #014 and #015. Good luck!  8)


Hi chrysophylax. You wanted to join in, didn't you? Run #014 currently has two free slots, the stake per slot in this standard run is only 0.001 BTC. Power Run #015 will run at 25 PH/s and the bet per slot is 0.003 BTC. Let's go, we are waiting for you ... join us ;) I replied to your questions HERE (https://bitcointalk.org/index.php?topic=5419205.msg62040473#msg62040473)

---

Run #014 is filled. However the current state at market place for 5 PH/s rigs is not satisfying. Those for 2.5 PH/s rigs are much better and that's why I am suggesting to run #014 at 2.5 PH/s. But I need some feedback from the registered users of this run.

@soul_trader, 43.6T, yoshimitsu777, iwantmyhomepaidwithbtc2
Do you agree to run at 2.5 PH/s for 27h30min ?

I myself have changed my vote to 2.5 PH/s, so it should actually be enough now from the majority vote :) according to this, the majority vote is 2.5 PH/s. But I still ask if the rest agree with this.

EDIT:
In order to keep the prices and availability of the hash rate marketplace from changing to our disadvantage I have just started run #014 at 2.5 PH/s. This is in line with the majority vote and I hope it is ok for most people.

Run #014 is active @ 2.5 PH/s and can be followed in the live dashboard (https://solo.ckpool.org/users/1BTC4ALL6a2K1d4Ac4JjNJX7pgfRaaaZNd). Good luck to all of us, hopefully we will get a great Easter present from the Easter bunny :)  ;)

What is wrong with the hash!It seems it’s not working as supposed to

There were drops, yes. I checked the history and I also notified the rig owner. But it's nothing to worry about. If there are drops in hash rate we got time extended or hash rate boost. At the end we get what we pay for and we pay for what we got. Even if it fails completely we got refund the rest of what we paid for so we can continue. Don't worry ;)

EDIT: I have now opened a support ticket (rental dispute) with refunding the rest. I will wait for MRR and in the following I will look for another rig to spend our coins at for finishing this run. As soon as I got some news I will post it here

MRR are Good ...

We have most of our Rental machines through them also.

Could You reserve the last three positions for Run #15 for Me Please?

I will organize the BTC later today - I just don't have access at the moment.

Thanks!

#crysx #cwi

Ok, will do so. You're in the list. Please send the coins as soon as possible. Thank you.


We have been refunded 0.00658103 BTC for the cancelled run #014 which I invested into another rig. We'll mining again with 2.5 PH/s for 17h 28min.

Hash is up and down,no solid pace!MRR seems to be either power shortage or price increase.
When do we run #15 but with solid 25th?

that's right, it's not going very smoothly at the moment. Nevertheless, what I wrote before applies: we lose nothing, but we only pay for what we receive and vice versa. The power round #015 with 25 PH/s will be another rig and we hope that this will go smoothly. The past power run #007 with 50 PH/s went off beautifully.

have this gone well? how many BTC you mined until the moment using how many machines in how long?

Isn’t nicehash more stable?

yeah, rig owner contacted me already. Has problems and will refund. I will wait for the refund and go on with the next rig ... pfff

At the moment we're hashing again... 2.5 PH/s for 12h

Thanks ...

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
My BCT Forum Name : chrysophylax
My Stake for Runs : 0.009BTC for #015 at 0.003BTC for Each Slot (8,9,10)
My TXID for Payment : a5aa330eddba5f49b5834e762ee73891b242ba523b7de6ed11d8b9f6bc3e6885
My PayOut Address : 1A9zUUcoghLwMRLvdhtaYuUZmq47W9fJQT
My Vote for HashRate : 30PetaHash
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

https://www.blockchain.com/explorer/addresses/btc/bc1qtyvxwhwctneje9zjvqkzvp6yqtnqc3xs0sf6vd

#crysx #cwi

Run #014 ended with a hiccup. In spite of everything, we got the hashrate (performance) we paid for. This can be seen from the good total diff transmitted of 54.3G. Unfortunately, #014 did not find a block....

---

We launched POWER Run #015 with 25 PH/s which will run for 07h and 29min. Let's hope we will get a block hit with this high hashrate. Fingers crossed BlockSolvers, hopefully it will be an Easter Monday present 8) :)

Current best share 430.83 G

Seems lo luck this time as well😞

we're at 99% so everything is fine. It might happen that you watched the live dashboard in the dips but it's worth mentioning that we reached the 30 PH/s peaks several times already. Till now this rig performs very good.

EDIT:
Power Run #015 is over and unfortunately did not hit a block. We got +2 extra hours because the hashrate collapsed towards the end. We had reached several peaks and 30 PH/s at the first half of our run which was great. The bottom line is that we got 100% of the hash rate we paid for, so everything was fine. The best share achieved has unfortunately not changed since the beginning. We had reached 430.83 G shortly after the start and that's where it stayed. However, we have cracked the highscore in the total sum of the submitted shares --> we have submitted a full 150.87 G total shares, which was enormous and even clearly more than the value of the past Power run #007 with 50 PH/s at that time. That's something to be proud of!

Let's go to the next standard run #016 with 0.001 BTC stake per slot or we fill the MEGA run #020 with 100 PH/s and hope to crack one or more blocks with this gigantic hashrate within the runtime. That would be great!

This is the Luck of the Draw ...

There is always a chance when We are in the running, which guarantees nothing, but the chance itself.

One thing is certain - if We don't try, We are Guaranteed NOT to get anything at all :)

I'll be in the big one - just got to decide how many positions I want, if any is left.

#crysx #cwi

that's right. Nothing ventured, nothing gained. Every single hash attempt counts and it can go bang at any time and the block is mined. Of course, you always need a portion of luck. Even if you were to mine at 50 EH/s, luck is part of the game. I am looking forward to the MEGA run #020 with a monstrous 100 PH/s and really hope that we crack one or more blocks with it, as far as luck will be on our side.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
My BCT Forum Name : citb0in
My Stake for Runs : 0.001 BTC for #016
My TXID for Payment : 6195649299c15ed372d9ff1a93ee96d528431b08551fe1b0394ffcb1eb7aeebf
My PayOut Address : bc1qseak9255jlgn9q6awqwlxz7ae9dh4dzp9eyhvj
My Vote for HashRate : 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

New Here. This sounds Awesome. I don't know if it was asked before can we buy more then 1 share per run?

yes, of course. If you look carefully at post #2 (https://bitcointalk.org/index.php?topic=5419205.msg61227304#msg61227304) will see that some users occupy more than one slot in a single run.

This is my first time trying one of these group runs at a block.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
My BCT Forum Name : yettihead
My Stake for Runs : 0.001 BTC for #016
My TXID for Payment : 5c049eee277aa6fbb806c4e64af35e19f0dd84dd8ce06eba4ad1918f0a1ac780
My PayOut Address : bc1qr4z7ujdwz7wawmp02m5g233yq2ttnphdmdll6v
My Vote for HashRate : 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Thanks,
yettihead

Hi yettihead,

you have been successfully registered for #016. Hopefully you bring beginner's luck so that we all benefit :)

Let's rock  8)

Yesterday someone sent 0.001 BTC stake and thus secured the ticket for the upcoming run #016. But I haven't seen any reply with the filled template here in the thread yet. So I don't know who transferred the coins. Hereby I ask kindly the unknown participant to fill and post template, so that I can put him on the list of participants. Thank you.

Hi there! That was me haha. I just forgot to fill out the template - thanks for reminding!
I hope you don't mind, but I just cannot find my TXID..

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: Jack_Dennis
My stake: 0.001 BTC for #016
My TXID: ?
My payout address: bc1qm342dsrkh3szjf0s7x558tl4whelc4xls66gv4
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Thanks again and good luck to everyone! :)

Hi Jack_Dennis. I need the TXID to subscribe you to this run. Without it, anyone could claim that slot. Thanks for your understanding.

here is the TX Jack_Dennis  :D :D :D :D but that doesn't mean I sent it :P

no. That's not

fixed :P. Hope you hit a block soon!

No, you didn't fix anything. You're just trying to research and you do it wrong  ;D :P That's not the correct TXID. You should at least distinguish inputs and outputs  :D

@Jack_Dennis: Ok mate, thanks for your contact. You have been successfully registered for run #016. Thanks for participating and good luck  8) :)

will wait Jack_Dennis then  ;D
edit
you just rolled him in, keep us updated on the run stats :)

sure, will do - as usual. Wanna join ? There are 4 slots left for standard run #016 and MEGArun #020  ;)

The average transaction fees within a single block has been very high for weeks as most of you might know. This means that the return on a block find would be extremely high, because in addition to the reward of the prospected block, all the transaction fees are added as a bonus. All those who mine a block in this period are doubly happy because the yield increases significantly. So Solominers, where are you? Let's try our luck. There are still 4 places available in both the standard run #016 and the MEGArun #020. It would be great if we could fill those slots within a short time so that we don't miss this chance. Above all, most are looking forward to the MEGArun #020 which will hopefully rock with the aimed gigantic 100 PH/s. Guys, that could be our big chance to mine or or more blocks.

Let's go BlockSolvers, Let's mine those blocks

Here is some more beginners luck, let me know if i screwed anything up or didn't give you what you need.  :)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: kkmonte
My stake: 0.001 each BTC for #016-019, 0.007 BTC for #020 (0.011 total)
My TXID:   f351dd98d3645c37e343b8314e61555eaa76339690e14c8f60104d029d1a280d       
My payout address: 3E3qNFBVuh11AmBDyGJYhT5D6v5eGKo5jo
My vote for hash rate: 5 P for #016-019, 100P for #020
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

kkmonte

OK giving this a go!  Let's find a block
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~`
name: TIRMINE
My stake, for runs: 0,001 BTC for #016
My TXID: e37ca5bf2e0068a117d8d5caf7b45719c006a661716c8ea1f7df6a48cc75cdbd
My payout address: 36U6aBLyTndVsER59HyV4SqWvVqzjV5ESC
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Thank you!

@kkmonte , @TIRMINE: You've been successfully registered for the particular runs. Thank you.

@all: there are 2 slots left for standard run #016 and 3 slots left for MEGArun #020.

Hello, first time here.  I sent coins for a spot in the upcoming run.  It'll take a little bit to confirm, but I'll post info in just a bit.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: kaulfuss
My stake, for runs: 0,001 BTC for #016
My TXID: 953dcf995702575c30e0122eeffc5dc5e4f08c19fe03714e9dd71384d159da9e
My payout address: 1MVFBkkRXyRhQeQTVsVoNP7t8KCiTpdjZ5
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Hi kaulfuss and thanks for participating in our runs. You've been registered for run #016.

There's only one last slot open for run #016.
Stay tuned and hopefully we can start soon and mine a block ;)

ok i'll chip in another share for 016 so we can kick this thing off.  here is the last piece.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: kkmonte
My stake: 0.001 #016
My TXID:  87fe9e64721c6f9988988fa0935f4349b8b0346718299351b3d0477996d6d47e     
My payout address: 3E3qNFBVuh11AmBDyGJYhT5D6v5eGKo5jo
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Nice!

Ok guys, we launched run #016 and it'll run about 11 hours. Let's cross the fingers  ::) GOOD LUCK TO ALL  :P ;) :)

Awesome!  Lets Go!  Hope we find the block all!

can someone explain the difference between the first set of metrics and the second?

 "hashrate1m": "2.64P",
 "hashrate5m": "2.89P",
 "hashrate1hr": "3.6P",
 "hashrate1d": "329T",
 "hashrate7d": "413T",
 "lastshare": 1684710340,
 "workers": 6,
 "shares": 879336856264,
 "bestshare": 430834785657.0473,
 "bestever": 2524747400019,
 "worker": [
  {
   "workername": "1BTC4ALL6a2K1d4Ac4JjNJX7pgfRaaaZNd.5PH-11h",
   "hashrate1m": "2.64P",
   "hashrate5m": "2.89P",
   "hashrate1hr": "3.6P",
   "hashrate1d": "326T",
   "hashrate7d": "48.2T",
   "lastshare": 1684710340,
   "shares": 6821406464,
   "bestshare": 8292423213.317903,
   "bestever": 8292423213
  }
 ]

I think the top part is his wallet address (so all time of all of the runs combined).  The bottom set of numbers is just this run (this worker name only).  So what to look for is the bottom best share, needs to be 40+T or whatever the difficulty is.

Hi TIRMINE,

Currently, at the time of writing the status board of our mining process on soloCK pool looks like that:


What you need to focus on is the second block with the workername .5PH-11h as the suffix:
This equals to 12.1 G

When we're finished, the second block will remain a few days (maybe 7 or 14 days, I am not sure...) in that status page, I guess for about 7 or 14 days or something like that... What gets never removed however is the value "bestever:" at the first block. This indicates the best share that ever achieved using that BTC address for mining. This was 2,5 T and was a very high and nice share.

So just focus on the second block, "bestshare:" line and pray for a number higher than 49549703178592.7 ;)

Hope this helps.
citb0in

EDIT: Our best share climbed to 14.97 G as of the time of finishing this post :D

---

EDIT: Run #016 was finished with a best share of only 14.97 G, too bad. Let's go to the next round #017 or to the soon filled MEGArun #020 on which probably most will look forward to because it will run with gigantic 100 PH/s. Hopefully with this monstrous hash rate finally the block will fall ;) Still need 3 members to launch the MEGArun #020 , let's CRACK THIS BLOCK guys

got it.  thanks!

let's go solo miners out there, where are you? there are 3 spots left for the massive MEGArun #020. The fees in every single newly mined block have been very high for weeks, which means that when we find a block we are not only happy about the block reward but also about additional 0.6 to 0.9 BTC. And if we are lucky enough with the monstrous 100 PH/s we might even find two (or three?) blocks within the run time, who knows ..

The stake is only 0.007 BTC that should be manageable for everyone. The possible profit per participant and per block about 0.67 BTC ;) let's crack this damn block(s)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: yoshimitsu777
My stake: 0.007 for run 20
My TXID: 8e6e504833f29142b926558ac6e098212356d341f45996bf22de553456169f2f
My payout address: bc1qana6786aa038zcct3w0uasr2qt4l07xs6re7fx
My vote for hash rate: 100 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

You've been registered, thank you.

There are 2 slots left for the MEGArun #020 ... so can not take long and hopefully we crack one or more blocks with that 100 PH/s MEGArun :P

based on my calculations 0.07 should have 6 hours of 100 ph why only 3 hours?

Hello @thepeterson,

according to todays market place and current rates at MRR (where we rent hash rate) the 0.07 BTC suffice for 3h50min. Looking forward to your stake and hopefully we can start soon and smash some block(s)  8)

do you pay 5 bitcoin for 1ehs?

www.miningrigrentals.com

---

There's only one slot left for MEGArun #020 so hopefully we can start soon...  8) :) :P

I filled the last slot of MEGArun #020 , so we are ready to launch. Ok guys, do you have any special request for a specific start time? I would otherwise start the MEGArun #020 with 100 PH/s at Friday, 09th June about 04PM (UTC), as long as there are no objections.

ready to go!

Cadets, buckle up ...
the rocket is launched and hopefully successfully carries the 100 PH/s hashrate into the universe.
May the force be with us and hopefully we crack a block (gladly more).

https://i.ibb.co/88MSwzx/230609-18-34-06-screenshot.png

good luck to us  ;) :)

---

*sniff*  :'( :'(  unfortunately we did not hit a block, we had no luck. The best share remained at 862.34 G.

Let's go for run #017 guys ... take your seats  :)

Glad to see You still going ...

I MUST Apologize for the last request with You Mate. I got so inundated with our MasterCoin Coin finishing and the Pool and Release that I had no time for anything else.

So are You all full for the big 100PH - or is there positions left?

#crysx #cwi

See post #2, MEGArun with 100 PH/s already passed.

Is there anyone interested in participating in pending run #017 (https://bitcointalk.org/index.php?topic=5419205.msg61227304#msg61227304) ?

I realize it's frustrating not to have landed a block hit, I feel the same way. But if you don't try, you can't win. Every participation in a new run brings new chances, to be precise, even every single hash attempt is a chance to crack the magic block. Completely independent of what the past has looked like. Every single hash attempt is a lottery ticket.

The stake of the standard rounds is a mere 0.001 BTC, which is really a piece of cake and feasible for everyone. The maximum number of participants per round is limited to 10. This guarantees a high payout per participant in the event of a block discovery, i.e. around 0.6 BTC which corresponds to approx. 16,000 EUR (~ 17,600 USD).

Please give me feedback if there is still interest in general, if you have change requests or if there is no interest at all. In case of latter, if there is no more interest in general, I would refund the users @mondayshot and @kkmonde the already paid participation amounts for rounds #017, #018 and #019 and shut-down this project.

Thank you very much in advance and good luck and success to all solo miners!
citb0in

I See ...

O Well - I guess You can't win them all :)

#crysx #cwi

As suggested and agreed in the German citb0in Block Solvers thread (https://bitcointalk.org/index.php?topic=5418994.msg63190472#msg63190472), we have decided to combine our stakes from rounds #017, #018 and #019 so that we can launch #017. I myself have also taken the remaining three slots of round #017 to fill it up and make it ready to go. As soon as the coins have arrived, I will launch run #017...  :)

Run #017 has been launched @ 1 PH/s for approx. 93 hours

GOOD LUCK @ll
https://i.ibb.co/88MSwzx/230609-18-34-06-screenshot.png

---

Run #017 is finished, unfortunately without a block hit. Here are the stats, which were also added to the list in post #2 of this thread as usual:


The rented hash power was 100.13% so more than ok.

is this still on fire I just landed here because of your signature.

Im gonna try it next payment from my signature if this still fire and do you accept non Btc as deposit since the fee is crazy lately I can send USDT or pretty much coin from the Binance as long the fee is low hahaha

Hi buddy. The last run #017 just ran the other day, nothing planned at the moment. But if we get 10 slots full, we could start #018. Unfortunately we have to wait until these sick transfer fees have calmed down.
No altcoins are accepted. Pure BTC here ;) thanks for your understanding.

@all: come on, join us ... let's launch another run! It's christmas time  ;D 8)

Hi Mate ...

What is the Total Amount Required to set a Mining Session off?

I don't mean individually, I mean a Total amount You normally limit for a set HashRate.

#crysx #cwi

10 slots per 0.001 BTC = 0.01 BTC

anyway, do you have a winning rate or a spreadsheet with analytics on it?

The difficulty seems high just look at the https://solochance.com/ we need 500 PH to get Chance per day: 1 in 6  :o

Cool concept guys. I only just stumbled upon it. Did any of your runs result in a solved block?

Unfortunately not (yet). As you see in the 1st pages the latest run was executed quite a long time ago. If we could fill the slots, I've no problem to organize the next run. Maybe 2025 is our lucky year? ;)

Hi Mate ...

Do You have a chance to chat on Skype or even Telegram?

#crysx #cwi

Hi. No, I don't use messengers. But you can talk freely here on forum or reach out via direct message here.

If I remember correctly, you often gave the impression of being interested in the past, but in the end you never went along and simply didn't get in touch. It just occurs to me when I read your name :)

Yup ...

That is Me.

I am simply way too busy and have been for a long time now. I run a number of Businesses and Companies with CryptoTechnologies being the Core of the 'other' Businesses I have, including one of the largest EquiHash Farms in the Southern Hemisphere.

Which I wanted to speak to You about. Simply put, if You want it in the open here, I would much like Us to discuss a way of making what You have created here a MUCH larger operation, and the logistics behind this being more Your expertise, where Mine is more the Business Side of the Table.

Which is why I prefer to chat NOT on here - since I am on here very irregularly - and Skype/Telegram are the easiest ways of getting to Me and Discussion more private.

If there is any interest at all, We can discuss further. If not, then I appreciate Your Time and will look at other ways of making this operational on a larger, more professional and Profitable way.

I like what You have built here, which is why I am approaching You NOW, since I am ready to establish a HashingGroup as part of theFARM system under My Company's Umbrella.

Thanks Mate!

#crysx #cwi