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Title: Thank goodness for pools. All paid up. Post by: bcpokey on June 15, 2011, 05:35:59 PM So, I know that a lot of people are concerned about the centralization of bitcoin hasing into pools. And I can understand that, but from an individuals perspective, let me just say I'm glad that they're there.
I started mining about end of April, and continually expanded my hashing power from the single 6870 I had to the point where I reached the electrical limit of my house (not that impressive actually as this house is wired ridiculously stupidly. There is a 20A breaker connected to NOTHING and every other outlet is on 2 other breakers, except the kitchen which has ~100AMPs sigh). As of the difficulty change today I have completely paid off everything, all the cases, psus, gpus, mbs, ram hds, electricity, everything. All this without finding a single block. That's right, somehow in almost 2 months I've found zero blocks. Had solo mining been the only option and network growth had been similar, I would have had to commit seppuku or basically given up on bitcoin, despite liking the project very much. So I say again, thank goodness for pools! I'll continue happily mining away and if I find blocks for the pool great, if not, well at least I'm still contributing sorta. Title: Re: Thank goodness for pools. All paid up. Post by: kokojie on June 15, 2011, 08:18:42 PM yep, variance is the killer. Even some smaller pools that has something like 20 GH/s, could go for weeks without finding a single block.
Title: Re: Thank goodness for pools. All paid up. Post by: true on June 16, 2011, 01:16:04 AM What is your hashrate?
I'm at around 3Gh/s now, and near the beginning of the year, I was slightly ahead of the curve. Some time in March or April, though, I just stopped finding blocks. Switched to pools in late April. Haven't found one since. Tested miners, they're working fine. Now I'm doing some Namecoin and I have found blocks, though I'm still slightly on the unlucky side. But you aren't alone in finding nothing. Title: Re: Thank goodness for pools. All paid up. Post by: rezin777 on June 16, 2011, 01:22:42 AM I was about to say that I haven't found a block for weeks (after quite a good streak), but I checked and apparently I found one today! :D
Title: Re: Thank goodness for pools. All paid up. Post by: Clavulanic on June 16, 2011, 03:22:32 AM Yeah, funny how it works. When I first started I had around 750mhash/s and found 2 blocks, I bumped up to slightly over 1ghash/s and found one more. This wall all over 2 months. Now I'm at ~2.5ghash/s and haven't found anything in quite some time :) For those of us that are trying to pay off our mining rigs through mining and trying to stay in the positive pools are a great asset for us.
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