We currently have 170 MH/s at 730W with 6x 570 8GB.
We were calculating the block finding possibility if we try to upgrade and solo mine.
According to our calculations with the current status of the network (total hashrate and daily block times etc.) it becomes much more profitable with solo mining after around
700 MH/s with monthly chance of
> 85% for finding a block.
What do you think? If we don't need to be paid out every month, is it worth it to mine solo with 700 MH/s and work for 1 block a month?
This brings in more than pool.
Or do we miss some detail which will cause the calculations to fail.
https://2cryptocalc.com/eth-mining-calculator?hashrate=700If this seems correct, why would anyone with a high hashrate join a pool? (Apart from going for a steady income)