Blocks found by hardware - solo.ckpool

[JohnPruett]

How do you rent mining power?

[Sledge0001]

How do you rent mining power?

You can rent hashpower from Nicehash https://www.nicehash.com/guide/nicehash-buying-guide or MiningRigRentals https://www.miningrigrentals.com/

It's just basically renting someone else's hardware, select the algo you want to mine (SHA256 or SHA256AsicBoost for BTC mining) and you set up the pool that you want it to mine to. Pay up and then go!

[kano]

Of course the catch with renting hash rate is that the 'expected' result is a loss.
i.e. you expect, on average, to pay more BTC per block than the BTC you get from a block.

What you will get in reward may be nothing or may be many times more than you pay.
However, the more often you do it, the closer to the 'expected' result you will get.

[Coinfarm ventures]

Of course the catch with renting hash rate is that the 'expected' result is a loss.
i.e. you expect, on average, to pay more BTC per block than the BTC you get from a block.

The only exceptions seem to be coin profit switching or pool hopping (with a custom stratum proxy that seamlessly switches pools). There are some algos where these methods can yield a bigger margin even after accounting for the rental 'premium' and a 1% pool fee. If rental isn't available at good prices, you can always try to go ask individual mining farms to rent a bunch of hashrate for a fixed monthly price. Maybe they'll be happy with a 1-2% premium.

[kano]

Pool hopping makes no difference unless the pool is run by an idiot and using Prop payout.
None of the well known pools are stupid enough to do that.

This area is about BTC, so whatever scams you 'think' you can do with scamcoins is off topic.

[nullama]

It's well known now that a block was found recently by a member of this forum in solo.ckpool with a Compac F:



Of course the chances of getting a block get better the faster you hash, but it can be anyone really, even a tiny USB miner.

I like the concept of solo mining, it's more than just the money.