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Author Topic: How good is 10TH/s?  (Read 2220 times)
Finksy
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October 16, 2015, 01:10:27 AM
 #21

More realistically than trying to anticipate a time frame to find a block (because by nature that is impossible due to probability), is to look at every block that's found.  

At this moment, with 10 TH/s you have approximately a 1 in 46,338 chance of holding the magic hash every time a block is found.  Those odds do not lower at every block as the calculators would have you believe, they are the same odds every time (until difficulty is adjusted, and personally I would plan for a ~3% average difficulty increase between now and the halving)

You could have a 1 MH/s miner and the first hash that goes out is the winner, or likewise you could have 1 PH/s and go weeks without a block. Do yourself a favour and look at some of the medium-sized pools (like Eligius for example) and look at the block history and their luck.  The variance is huge, and they are operating with 14 PH/s.  For you to solve 1 block within 300 days would require flat difficulty and >100% luck in comparison.  Imagine how it would play out if "your" block was a 25% luck block (you would have to mine for ~3.25 years with your hashrate keeping up with difficulty if that was the case).

I hope this makes sense.

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knowhow
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October 18, 2015, 06:42:59 PM
 #22

I wouldnt now buy any miner with 10ths i would buy bitcoin direct and trade it mining with 10th looks a huge value,but as people already said the time to find a block will take too much time with luck.Nowadays without free energy i guess most people are buying btc direct instead mining .. even cloud companies arent getting  new investments.
hedgy73
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October 18, 2015, 06:46:22 PM
 #23

OP created a new account then posted this question on 4th October, 14 days ago and hasn't been back since.

Why do people do that, it really fucks me off Huh.
VirosaGITS
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October 18, 2015, 10:41:49 PM
 #24

OP created a new account then posted this question on 4th October, 14 days ago and hasn't been back since.

Why do people do that, it really fucks me off Huh.

Maybe they are trying to generate discussion for their main account? No i really don't know. Half the questions in beginner/help and mining support i reply to are single post account that post and don't even log back in after that.

Is it that hard to make a bookmark and come back to it later on? Or are they just giving up on BTC instantly because its "so much trouble"?


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Amph
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October 19, 2015, 06:39:21 AM
 #25

OP created a new account then posted this question on 4th October, 14 days ago and hasn't been back since.

Why do people do that, it really fucks me off Huh.

they are farming account, there is no other explanation

they know that posting in the off-topic section alone, is not seen well by signature manager
notlist3d
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October 19, 2015, 06:46:17 AM
 #26

OP created a new account then posted this question on 4th October, 14 days ago and hasn't been back since.

Why do people do that, it really fucks me off Huh.

they are farming account, there is no other explanation

they know that posting in the off-topic section alone, is not seen well by signature manager

Only other I can think of is they did not want to be looked like as a "newbie" on a question.   If they are farming it they are doing so well. 

Although you could be right.  I think if they get 1 post in activity they can eventually gain it.  So that part sounds like farmer.    Which I don't understand I get enough of the boards on my one account.  I can't imagine trying to farm.
knowhow
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October 19, 2015, 11:38:32 PM
 #27

OP created a new account then posted this question on 4th October, 14 days ago and hasn't been back since.

Why do people do that, it really fucks me off Huh.

Well usually most of us dont search for the op but the thread ,if we see a thread moving 2 pages daily means there is some interest at it.And well replying here will give an idea to the new members that find this forum and wanna know their income,soo its like a support to know.But well what is the point to them to make a new post and reply once with their accounts just to get activity? Or new post to count signature?
YuginKadoya
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October 28, 2015, 08:53:32 AM
 #28

Well usually most of us dont search for the op but the thread ,if we see a thread moving 2 pages daily means there is some interest at it.And well replying here will give an idea to the new members that find this forum and wanna know their income,soo its like a support to know.But well what is the point to them to make a new post and reply once with their accounts just to get activity? Or new post to count signature?

Or Maybe OP has a rank up account and this is his other account then his main account will increase post by posting here while this account is simply making Threads just that his main account will gain post. maybe? hehe  Huh
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