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Now I am interested to see how the very large rental I did works in this case. I peaked at a 1ph for a 3 shift rental minutes 24 hours ago.
I spent about .5 btc Since it was only for 4 shifts does my average stay flat. If it is the case a huge short rental is more effective. Since you peak the average hash in under 500%.
say 150 shifts = 500%
If I average 400th over 4 shifts
4/150 x 400th = 10th average right away? and it stays at 10th basically all the way.
I am basing all calcs on a flat pool rate. I know if pool rate gets real high my hash average drops.
So far I am in between an average of 5-6th as I peaked at 1ph over 4 shifts but the 4 shift average was 381th.
I also realize that shift count for 500% varies.
% of the 500% is 90% + 15% so I have 395% left on my rental. I suspect I need 3 more blocks to break even.
first payment was 0.099 waiting on the second.
I spent about .5 btc Since it was only for 4 shifts does my average stay flat. If it is the case a huge short rental is more effective. Since you peak the average hash in under 500%.
say 150 shifts = 500%
If I average 400th over 4 shifts
4/150 x 400th = 10th average right away? and it stays at 10th basically all the way.
I am basing all calcs on a flat pool rate. I know if pool rate gets real high my hash average drops.
So far I am in between an average of 5-6th as I peaked at 1ph over 4 shifts but the 4 shift average was 381th.
I also realize that shift count for 500% varies.
% of the 500% is 90% + 15% so I have 395% left on my rental. I suspect I need 3 more blocks to break even.
first payment was 0.099 waiting on the second.
Where are you renting? Sounds interesting...
Nicehash.
I am renting a few hundred th right now.
Not really seeing how profit can be maximized with this rental service unless you get lucky and find a block on a solo site like solo.CK. Otherwise, it's just a money loop where the platform owner (Nicehash/Wethash) is the only one making a profit. The sellers make what they would at a decent pool and the buyers are just funneling coins trying to get lucky. If the BTC/TH/DAY price was set lower than a buyer could see a constant profit margin. Too risky for me.
I see you fellas. (Good looking on that info Kano)
