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Author Topic: 10PHs in 1 day vs 1PHs in 10 days  (Read 1841 times)
philipma1957
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May 13, 2015, 01:18:30 AM
 #21

Id ask more of what can I afford to risk, since its based on what you can afford really.

Say you go with the huge performance 10 PHs, question is that can you still continue even if the value drops? lol. As oppose to the other smaller hash performance you can since, its less intial risk and can be made for the loss.

Leverage is just accelerated risk, if its not done right which is the 10 PHs.

yes this is true.  if I rent 10 ph for 24 hours at a bargain rate (.0095)  say at our current diff of 47b    point it at antpool   I should make a profit.

If I point 1 ph at antpool for 10 days I should profit (.0095) same bargain rate  I should make an identical profit.

That is rate world of 0 variables other then 10 x = 1 x 10

real world the 10 ph rental has almost 0 chance of being (0.0095)  as it is too big and will raise the price = a problem 10 x 1


you will also fuck your share up  since 10+70 = 80 ph  of which you have 10 so your share is ⅛  or .125% x 1 for 1 day

1ph is  1 + 70 = 71 your share is 1/71 x 10 days = 10/71 or 0.140 %  so if the mining is to a pool and not solo  1 ph for 10 days is absolutely better then 10 ph for 1 day. = a really big problem for 10 x 1



So solo may be =.

But shared pool is not =  

so A simple question needs a complex answer.  any shared mining 1 for 10 days will be better.

10 for 1 day needs more analysis.

my bolded statement is something big farms have realized  thus they hardly add hash with more hash.  they swap  higher cost power hash for cheaper  cost  hash.  but don't increase their hash rate.

ie 10th of s-3's swapped  to 10th of s-5 =  8000 watts vs 5200 watts

In our  op's question  10ph is almost  certain to be more costly  then 1 ph over 10 days

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Muhammed Zakir
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May 13, 2015, 08:35:55 AM
 #22

Id ask more of what can I afford to risk, since its based on what you can afford really.

Say you go with the huge performance 10 PHs, question is that can you still continue even if the value drops? lol. As oppose to the other smaller hash performance you can since, its less intial risk and can be made for the loss.

Leverage is just accelerated risk, if its not done right which is the 10 PHs.

 -snip-

It is a good calculation and thanks for it but OP is asking which has higher chance of finding a block.

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May 14, 2015, 12:10:07 AM
 #23

Id ask more of what can I afford to risk, since its based on what you can afford really.

Say you go with the huge performance 10 PHs, question is that can you still continue even if the value drops? lol. As oppose to the other smaller hash performance you can since, its less intial risk and can be made for the loss.

Leverage is just accelerated risk, if its not done right which is the 10 PHs.

 -snip-

It is a good calculation and thanks for it but OP is asking which has higher chance of finding a block.

I think philipma1957 is right you have the same chance finding a block mining with 10PH for 1 day as 1PH for 10 days but renting 1PH for 10 days will cost slightly less as you're paying less for the rigs. Assuming that difficulty stays the same over the 10 days of course.
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May 14, 2015, 12:51:25 AM
 #24

If you would have did 1 or 3 days at anotpool it would have been a nice sucess.   

Look at stats: Pool Lucky (24H / 3D / 1W / 2W / 1M / 3M / All Time) : 126.00% / 122.00% / 108.00% / 107.00% / 102.00% / 103.00% / 102.00%

So on 24 hours you could have almost had a 30 percent profit if using nice/westhash.  That is luck but wow.
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