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Author Topic: Solo Mining Farm Probability  (Read 672 times)
FIZTONIC
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November 20, 2015, 10:01:41 PM
 #1

Hello Everyone, I used to be a big Bitcoin miner back in 2012 and would like to get back into it. I just had some questions about the probability of finding a block based off my current stats and was hoping perhaps someone could point me in the right direction.

I recently reloaded the FIZTONIC pool which is now in beta testing and I am running 2TH/s on it by myself. Electricity is free for me so that is not a problem, but I would like to know how long it would take for me to be able to solve a block with only 2TH/s. I know it isn't likely, but I was looking for a general estimate. It's been so long for me since I've been around. Thank you all for your help.
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-ck
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November 20, 2015, 10:26:35 PM
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With 2TH it will take you approximately 1650 days on average to find a block at current difficulty.

Developer/maintainer for cgminer and ckpool/ckproxy.
ZERO FEE Pooled mining at ckpool.org, 1% Fee Solo mining at solo.ckpool.org
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philipma1957
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November 20, 2015, 11:42:30 PM
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@ op  whats up with your signature?

I ask because  you are listed as  a newbie  and  if you read this thread


https://bitcointalk.org/index.php?topic=1135806.0;all


you may find you will be questioned about a new pool.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
FIZTONIC
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November 20, 2015, 11:57:28 PM
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@ op  whats up with your signature?

I ask because  you are listed as  a newbie  and  if you read this thread


https://bitcointalk.org/index.php?topic=1135806.0;all


you may find you will be questioned about a new pool.

Yes I was a small pool operator in 2012 and then did not have time and had to payout and close the server. I am now restarting it now that I have more time. I created an account here this morning in hopes to build trust and restart the server I used to run back then. Many people of course do not trust it but if you read this thread: https://bitcointalk.org/index.php?topic=1256779 you will see my post about the server.
philipma1957
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November 21, 2015, 04:11:52 AM
 #5

@ op  whats up with your signature?

I ask because  you are listed as  a newbie  and  if you read this thread


https://bitcointalk.org/index.php?topic=1135806.0;all


you may find you will be questioned about a new pool.

Yes I was a small pool operator in 2012 and then did not have time and had to payout and close the server. I am now restarting it now that I have more time. I created an account here this morning in hopes to build trust and restart the server I used to run back then. Many people of course do not trust it but if you read this thread: https://bitcointalk.org/index.php?topic=1256779 you will see my post about the server.

as -ck told  you leave someone  escrow funds.  make an effort.

To any miner  reading this use some common sense please.

look into some reliable pools with a track record of making payments.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
LuckyYOU
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November 21, 2015, 09:21:54 PM
 #6

With 2TH it will take you approximately 1650 days on average to find a block at current difficulty.

Remember that this number is based on todays calculation. In prospect to the future you should at a min. of 10% - 15% to this number.

IF you bought some cheap S4 (2TH) at 300 USD, it could be a waste of your money, since it's not likely that you will ever earn something substantial towards ROI.

However, if your luck is to find 1 block before july 7 (the halving), your profit would be unmeasured. USD 8250 -/- your investment ;0

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