small pool query

[Riptide_NVN]

I understand it takes longer to find blocks.

Is there a point however where there is no hope of finding a block in any reasonable timeframe?

For instance if you are on a pool with only 3-5 miners.  And hash rate (phi algo) is in the 300 MH/s or less range.  Is it a complete waste of time?

[1715098408]

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[1715098408]

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[1715098408]

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[leonix007]

I understand it takes longer to find blocks.

Is there a point however where there is no hope of finding a block in any reasonable timeframe?

For instance if you are on a pool with only 3-5 miners.  And hash rate (phi algo) is in the 300 MH/s or less range.  Is it a complete waste of time?

There is what you called a pool luck, a probability for mining, there are computations on how to determine a supposedly mining blocks for a pool.

see this thread

https://bitcointalk.org/index.php?topic=1754314.0

take a glance with #3 stated by xhomerx10 kudos to him

 

3) nothing as it is random and unpredictable - though if it is continually unlucky perhaps you should avoid the pool

[Riptide_NVN]

Hey thanks.  I'm sure if I stuck with it long enough a block would be found.

I suppose part of what I'm asking is this: "If there are only a couple miners on the pool are you essentially solo mining at that point?"

Because I know I don't have the hash rate to be doing that.

[leonix007]

Hey thanks.  I'm sure if I stuck with it long enough a block would be found.

I suppose part of what I'm asking is this: "If there are only a couple miners on the pool are you essentially solo mining at that point?"

Because I know I don't have the hash rate to be doing that.

Seems like it, depending on the Pool operators sharing policy when it hits a block, most probably most of the shares are with you a bit difference when solo where all rewards goes to you.

[Riptide_NVN]

Well shoot the other two dropped off and now its just me all by my lonesome.  :/

Probably take a week at this rate to find another block.  Might have to move over to another pool and just write off the last couple days of shares then.  Bummer.