Bitmain S1's and my own private pool

[jjj0923]

hey folks I'm new to mining and have a few S1's on the way - I'm going to take a risk and try to find and mine my own coin instead of joining a pool - no risk no reward right?

how difficult or easy is it to create my own little pool of miners using the Bitmain S1's

oh - my pool will be 1800 Gh/s - if that matters - 10 S1's

thanks in advance

Jeff

[davida]

Have you calculated the probability of ever finding a block with this setup?   Off the top of my head you will have much less than 1% chance of EVER finding 1 block and this is assuming you will leave the machine running for years. 

I can imagine after a full year of no results and also the increasing difficulty you will get fed up wasting money on the electric and cost of depreciating hardware for nothing.

[jjj0923]

I had a friend with a similar setup find a block in three days - it's all luck

that said - can you answer my question?

[davida]

I don't really know but it should be easy for you to find the answer, it's already been discussed a lot here....  I know you have to run full bitcoin node on pc, and then basically point your mining hardware to your pc instead of the pool or something, don't quote me on that though.

Sure, why don't you just ask your friend if he is already set up?

[jjj0923]

I don't really know but it should be easy for you to find the answer, it's already been discussed a lot here....  I know you have to run full bitcoin node on pc, and then basically point your mining hardware to your pc instead of the pool or something, don't quote me on that though.

Sure, why don't you just ask your friend if he is already set up?

my friend is not using S1's we has home built boxes but thanks for the insight - much appreciated - I will continue to scour the forum looking for an answer.