Beraturker (OP)
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January 20, 2016, 11:12:40 AM |
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What Is The Chance Of Finding A Solo Block With 1Th/s?
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-ck
Legendary
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Activity: 4242
Merit: 1644
Ruu \o/
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January 20, 2016, 11:18:58 AM |
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Average time for a block with 1TH is every 5634days 23hr 0min 39sec Which means your chance of finding a block is 1 in 5635 per day at the current difficulty.
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Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel 2% Fee Solo mining at solo.ckpool.org -ck
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Beraturker (OP)
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January 20, 2016, 11:21:28 AM |
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Average time for a block with 1TH is every 5634days 23hr 0min 39sec Which means your chance of finding a block is 1 in 5635 per day at the current difficulty.
Thanks.. And how do you calculate that? Do you have a link?
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Elphamyto
Member
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Activity: 117
Merit: 16
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January 20, 2016, 11:43:47 AM |
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Laviathon
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January 20, 2016, 04:41:20 PM Last edit: January 21, 2016, 03:04:50 AM by Laviathon |
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Like ck- said. However crazier things have happened. You have people with 20 ths mine for 6 months and not find one and you have people with 1 s5 pop a block within an hour of turning on there miner. The odds are definitely not in your favor of that happening though.
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Darwin84
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January 21, 2016, 02:33:13 AM |
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But don't forget in 15 years when you find a block BTC will be about $1.2mill so $30 mill is still a winning proposition. unless power goes to $100/kwh
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Laviathon
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January 21, 2016, 03:03:08 AM |
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But don't forget in 15 years when you find a block BTC will be about $1.2mill so $30 mill is still a winning proposition. unless power goes to $100/kwh
It would be amazing if those numbers come to be true.
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AliceWonderMiscreations
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January 21, 2016, 03:13:30 AM |
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But don't forget in 15 years when you find a block BTC will be about $1.2mill so $30 mill is still a winning proposition. unless power goes to $100/kwh
It would be amazing if those numbers come to be true. The only way they could come to be true is if the dollar is worth a lot less. In today's dollar, no way.
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I hereby reserve the right to sometimes be wrong
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OneInchWonder
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January 21, 2016, 03:40:53 AM |
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Might have a better change to play the Lottery then mine solo with 1 TH.
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get.uber.com/drive/?invite_code=brianp6308ue
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Laviathon
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January 21, 2016, 04:06:37 AM |
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But don't forget in 15 years when you find a block BTC will be about $1.2mill so $30 mill is still a winning proposition. unless power goes to $100/kwh
It would be amazing if those numbers come to be true. The only way they could come to be true is if the dollar is worth a lot less. In today's dollar, no way. Its all supply and demand. It could be real possibility when you are are only getting 3 bitcoins per block find here in a few years. Those numbers are probably inflated some but it could be. We do have a non physical fiat worth about $420 a coin right now.
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AliceWonderMiscreations
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January 21, 2016, 07:55:26 AM |
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But don't forget in 15 years when you find a block BTC will be about $1.2mill so $30 mill is still a winning proposition. unless power goes to $100/kwh
It would be amazing if those numbers come to be true. The only way they could come to be true is if the dollar is worth a lot less. In today's dollar, no way. Its all supply and demand. It could be real possibility when you are are only getting 3 bitcoins per block find here in a few years. Those numbers are probably inflated some but it could be. We do have a non physical fiat worth about $420 a coin right now. No. Bitcoin is introducing people to the concept of crypto-currency that is neither controlled nor backed by government. But by the time demand for crypto-currency in the mainstream reaches that kind of demand, there will be at least one (probably more than one) alt-coin helping to meet the demand. Kind of like AOL introduced the mainstream to the Internet but now is no longer a major player in providing Internet service. Bitcoin is the place to be now, but there is no reason why alt-coins can't provide supply to meet the growing demand once the masses grasp the concept.
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I hereby reserve the right to sometimes be wrong
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