|
TR8888 (OP)
|
 |
July 16, 2016, 06:58:47 PM |
|
As title, I expect a block every 0.97 days but as we know, That can vary, A lot.
Pool or solo?
|
|
|
|
|
20kevin20
Legendary
 Offline
Activity: 1134
Merit: 1598
|
|
July 16, 2016, 07:01:22 PM |
|
Pool. Mining solo is all about luck. With the difficulty increasing, it will become harder and harder each day to mine it. Calculate how much ETH you would get per day from pool mining, and compare it to the stats you have got from the solo mining calculator. Wish you the best!
|
|
|
|
|
|
LucioTan
|
|
July 16, 2016, 11:50:28 PM |
|
Pool. Mining solo is all about luck. With the difficulty increasing, it will become harder and harder each day to mine it. Calculate how much ETH you would get per day from pool mining, and compare it to the stats you have got from the solo mining calculator. Wish you the best!
I agree with it. I don't recommend solo that it requires the right setting for you to have a block. It is very hard for the noobs to adjust their own geth server and update their nodes especially if they do no know the right setting for this. But, solo mining gives higher return if all settings are perfectly modified. Now, when it comes to pool mining, you will not have to calibrate the settings as they are the one who will do it. Of course, the returns are much lower compared to a solo mining that is perfectly set. But the risk of not getting a block is lower. |
|
|
|
|
|
ps_jb
|
|
July 17, 2016, 12:52:36 AM |
|
As title, I expect a block every 0.97 days but as we know, That can vary, A lot.
Pool or solo?
Pool |
|
|
|
|
generalt
Legendary
Offline
Activity: 1096
Merit: 1021
|
|
July 17, 2016, 04:26:45 AM |
|
Pool. With network hash rate over 4th 700mh is very little. 700/4000000 = 0.0175% chance of finding the block roughly.
|
BTC: 1GENERALrtBAjEv2Ps5cmEW1FADnXh1bCZ
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
|
July 17, 2016, 05:57:45 AM |
|
i would do solo if you add another 0 to your hashrate, that hashrate was good 3-5 months ago to solo mine not now anymore
|
|
|
|
|
|
TR8888 (OP)
|
|
July 17, 2016, 07:08:43 AM |
|
Thanks for the info  |
|
|
|
|
|
asdalani
|
|
July 17, 2016, 10:34:38 AM |
|
i would do solo if you add another 0 to your hashrate, that hashrate was good 3-5 months ago to solo mine not now anymore
That is right. If you have 5 to 10GH/s and have a very good network connection, you can do solo mining. |
|
|
|
|
greaterninja
|
|
July 17, 2016, 10:55:52 AM |
|
As someone who usually solo mines it really depends on your internet connection and your ability to administrate your servers, miners, and the environment
If you have low latency to most servers and high upload + download, then I'd say solo mine.
Solo mining involves keeping your server up, keeping the power on, keeping the miners up, monitoring hash rate.
The plus of Solo mining is that you get the transaction fees + uncles + block rewards.
Solo mining requires lots of monitoring and lots of patience.
For example I could find 6-8 blocks in one day or it can be 8 days before I find a block. This sort of variance can make one doubt their situation or go nuts.
|
|
|
|
|
antantti
Legendary
Offline
Activity: 1176
Merit: 1015
|
|
July 17, 2016, 11:53:30 AM
Last edit: July 17, 2016, 12:16:24 PM by antantti |
|
All the information you need is there on greaterninja's post. Don't listen to guys who never mined single block.
Eth is really fast coin, if you have a reliable network connection with low latency you will find blocks. I earned better solo than pool with only 100MH when nethash was 0.5TH.
|
|
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
|
July 17, 2016, 12:24:30 PM |
|
All the information you need is there on greaterninja's post. Don't listen to guys who never mined single block.
Eth is really fast coin, if you have a reliable network connection with low latency you will find blocks. I earned better solo than pool with only 100MH when nethash was 0.5TH.
well now it's 9x higher, also factor in the diff that it isn't linear with the hash, but probably higher so you most likely need more than 9x your old hashrate, which was 100MH |
|
|
|
|
greenuser
Sr. Member
Offline
Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
|
|
July 17, 2016, 12:42:37 PM |
|
Have a bash at solo, I mined 2 blocks in the first 36 hours of mining with only 11Mh/s on just one HD7870, and everyone told me solo with only 11Mh/s was pointless. 10eth in less than a week.  Don't you just love it. You can always switch to a pool after a week if you don't get lucky. My best advice for you is..... take advice from people that seem happy, and ignore the miserable miners that moan and complain. You may not get rich either way but you will enjoy it all the more. But then i am only a few miles away from "GCHQ Bude" so my connection is the best in the world. http://www.cornishguardian.co.uk/north-cornwall-spy-station-centre-new-edward/story-19609712-detail/story.html |
|
|
|
ybelevi
Member
Offline
Activity: 132
Merit: 10
|
|
July 17, 2016, 12:53:50 PM |
|
definitely pool
|
|
|
|
|
antantti
Legendary
Offline
Activity: 1176
Merit: 1015
|
|
July 17, 2016, 01:23:18 PM |
|
Especially if you are generating coins for the pool more than you are earning I would definetely try solo. Someone mines a block every 14 seconds.
lol nethash is 1T, 2T, 3T, 4T you don't solomine... How many times have I seen that comment here?
|
|
|
|
|
|
TraderETH
|
|
July 17, 2016, 01:41:27 PM |
|
How can we get 700MH? We should understand about it for first time before we choose solo or use a pool, because we don't know every bodies has 700MH.
|
|
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
|
July 17, 2016, 02:31:14 PM |
|
Especially if you are generating coins for the pool more than you are earning I would definetely try solo. Someone mines a block every 14 seconds.
lol nethash is 1T, 2T, 3T, 4T you don't solomine... How many times have I seen that comment here?
i solo mine, but only when i can get block fast enough not above 1 day on average, i don't take into account luck strike, those does not count at all Have a bash at solo, I mined 2 blocks in the first 36 hours of mining with only 11Mh/s on just one HD7870, and everyone told me solo with only 11Mh/s was pointless. 10eth in less than a week. Don't you just love it. You can always switch to a pool after a week if you don't get lucky. My best advice for you is..... take advice from people that seem happy, and ignore the miserable miners that moan and complain. You may not get rich either way but you will enjoy it all the more. But then i am only a few miles away from "GCHQ Bude" so my connection is the best in the world. http://www.cornishguardian.co.uk/north-cornwall-spy-station-centre-new-edward/story-19609712-detail/story.htmlthat is just luck, do your really that this cna be considered a good estimate of how good you can do in solo mining? onbiously not, you will get your next block in 1 month if ever unless you got those block months ago when diff was really low |
|
|
|
|
|
pehoko
|
|
July 18, 2016, 01:55:18 PM |
|
solo/pool mixed mode about 70/30% ... will be my choice maybe.
|
|
|
|
|
antantti
Legendary
Offline
Activity: 1176
Merit: 1015
|
|
July 24, 2016, 09:45:04 PM |
|
You should try that solomining now (etc).
|
|
|
|
|
|
LoneRangir
|
|
July 25, 2016, 02:28:26 AM |
|
if you have a reliable network connection with low latency
What is a low latency, say to ethpool.org. I just pinged it at 66ms. Is that "low"? |
|
|
|
|
|
asdalani
|
|
July 25, 2016, 12:32:05 PM |
|
if you have a reliable network connection with low latency
What is a low latency, say to ethpool.org. I just pinged it at 66ms. Is that "low"? That is quite low. You can choose the server close to your site. But 66 ms is already very good for connection. |
|
|
|
|
Poll
