I've decided to give a try to cpuminer 2.4.3 and in console output I see 8 threads running with hashrate of 1875 khash/s each.
What are my chances in this configuration?
Any comments welcomed.
Thanks.
You will almost never mine a block on the main network. Unless you somehow live for a million plus years. Or you could be EXTREMELY lucky. What are my chances in this configuration?
Any comments welcomed.
Thanks.
The network is 936,068,808 GH/s = 936,068,808,000,000 KH/s
Code:
Chances of a Block: 1875 / 936,068,808,000,000 = 0.000000000002% chance
Chances of Winning the Powerball: 1 / 292,201,338 = 0.000000003% chance
If your assignment is mine bitcoins from "nowhere" you should mine with a pool, it is the only way you can generate coins. In a week you'll have the dust amount of 0.00000005, which is five satoshis.
Or find an altcoin that is CPU only to mine crypto from nowhere.
But you are referring to MAINNET, right?
This thread is about BITCOIN mining in TESTNET and I would appreciate I you could provide me some info about that (if you posses any):
- chances of block?
- are there any active testnet pools?
- considering the hardware I mentioned in first post, better CPU or GPU for mining?
BTW, my experiment with cpuminer 2.4.3 solo mining failed... Left it for a night and it consumed all the memory, including 4GB swap.