madmartyk
Legendary
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Activity: 2688
Merit: 1030
Yes I am a pirate, 300 years too late!
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January 21, 2014, 04:10:03 PM |
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Yep, I'm at 1.4 and they are flying by... Maybe time to switch back to DOGEs!! Much profit!! LOL
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vaelrock
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2014, 04:12:46 PM |
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I could have solo a few hundred blocks also 2 days ago, and would be sitting on nearly 80M batcoin right now. But I don't think a crypto can have value if a single person has 25% of it all when it forked like that (except for the premine). So if there's anybody currently owning more than 50% of the total hashrate, thinkg about it twice : you're killing the coin trustworthiness and so its value.
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Prinzert
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Activity: 58
Merit: 0
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January 21, 2014, 04:13:45 PM |
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30 mins mining solo and got almost 3m BAT
Really? Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT......
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.Batman. (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2014, 04:46:36 PM |
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30 mins mining solo and got almost 3m BAT
Really? Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT...... Even less if block time is correct
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account has been hacked and ownership has been restored! this act has reincarnated us so stay tuned for updates!
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vaelrock
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2014, 05:17:48 PM |
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30 mins mining solo and got almost 3m BAT
Really? Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT...... Even less if block time is correct You can mine 1.5M in 20mn easily if you have a big hashrate and the network hashrate is low. ex : - diff retargets at block 5000 to 0.2 (~9.54MH/s on average for the last 40 blocks) - you bring 19MH/s - block time average is then 30s for the next 40 blocks - you get 2/3 of the 40*2,400,000 BATs = 1,600,000 BAT in 20 mn - once the diff retargets, you switch coin and wait for the next diff retarget - the next 40 blocks will be mined in no less than 3 hours instead of 1, users get screwed. Yes this is totally unfair, like what the multipools do. That's why a low diff coin is easily killable.
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Prinzert
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Activity: 58
Merit: 0
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January 21, 2014, 05:24:43 PM |
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30 mins mining solo and got almost 3m BAT
Really? Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT...... Even less if block time is correct You can mine 1.5M in 20mn easily if you have a big hashrate and the network hashrate is low. ex : - diff retargets at block 5000 to 0.2 (~9.54MH/s on average for the last 40 blocks) - you bring 19MH/s - block time average is then 30s for the next 40 blocks - you get 2/3 of the 40*2,400,000 BATs = 1,600,000 BAT in 20 mn - once the diff retargets, you switch coin and wait for the next diff retarget - the next 40 blocks will be mined in no less than 3 hours instead of 1, users get screwed. Yes this is totally unfair, like what the multipools do. That's why a low diff coin is easily killable. There's what is possible if you don't retarget every block. But there is also what is observed. Which is that the blocktime remained 90+ seconds, the network hashrate didn't suddenly jump to two or three times what it was ( to account for a miner with incredible luck and high hashrate ). And the estimated retarget difficulty didn't spike. Difficulty remained around 1.2, and network hashrate remained around 50-60Mh/s He would've had to bring like 180 Mh/s on his own....and the observed blocktime still would've had to change...
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vaelrock
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January 21, 2014, 05:27:34 PM |
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He may have been extremely lucky ! Or most probably, he mined 3m in 30mn, but not 3M. m = x1000 :x
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Prinzert
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Activity: 58
Merit: 0
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January 21, 2014, 05:30:03 PM |
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He may have been extremely lucky ! Or most probably, he mined 3m in 30mn, but not 3M. m = x1000 :x
That is true, he is using the small m. That I can believe. Although I'm not sure how he would've hit 5% of a block while solo mining ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Kanamatras
Jr. Member
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Activity: 56
Merit: 10
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2014, 05:32:46 PM |
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30 mins mining solo and got almost 3m BAT
Really? Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT...... Even less if block time is correct You can mine 1.5M in 20mn easily if you have a big hashrate and the network hashrate is low. ex : - diff retargets at block 5000 to 0.2 (~9.54MH/s on average for the last 40 blocks) - you bring 19MH/s - block time average is then 30s for the next 40 blocks - you get 2/3 of the 40*2,400,000 BATs = 1,600,000 BAT in 20 mn - once the diff retargets, you switch coin and wait for the next diff retarget - the next 40 blocks will be mined in no less than 3 hours instead of 1, users get screwed. Yes this is totally unfair, like what the multipools do. That's why a low diff coin is easily killable. There's what is possible if you don't retarget every block. But there is also what is observed. Which is that the blocktime remained 90+ seconds, the network hashrate didn't suddenly jump to two or three times what it was ( to account for a miner with incredible luck and high hashrate ). And the estimated retarget difficulty didn't spike. Difficulty remained around 1.2, and network hashrate remained around 50-60Mh/s He would've had to bring like 180 Mh/s on his own....and the observed blocktime still would've had to change... Actually that's exactly what happend.... At the time as i started mining(on our pool) the diff was 60k(de difficulty shown at your miner) then it fell to 39k and now its 89k.... and after the retarget it will drop again...
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n0nplusultra miningpools (http://n0nplusultra.net) Donations: | LTC: LKanaDzY9QCwdtUmxmoDvaEuYYj19j6H2q | BTC: 1KanaDwgQUhLU1QS9c6uoj1k6R7kdqgKNx |
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bitcoinmake
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Activity: 32
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January 21, 2014, 05:34:03 PM |
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So how is BAT doing these days, what's the latest from the developer?
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.Batman. (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2014, 05:44:33 PM |
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yes it is! right now we are working on a small design changes on the thread itself, we have a lot of news to bring, now when we all good ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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account has been hacked and ownership has been restored! this act has reincarnated us so stay tuned for updates!
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narf
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January 21, 2014, 05:49:20 PM |
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batesresearch
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Activity: 2424
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January 21, 2014, 06:16:37 PM |
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Visit Satoshi's Place, a Bitcoin Hub based in Bury, Manchester, UK. Website: https://satoshisplace.co.ukGoals: Educate & Onboard users in to Bitcoin. Lightning network⚡️
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minersbest
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Activity: 42
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January 21, 2014, 06:49:07 PM |
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jamieebotwin
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Activity: 809
Merit: 1000
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January 21, 2014, 07:26:29 PM |
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How do I mine this Solo? What do I have to do to use my GPU? What settings do I need? I want to try and get my Miners Best Shares Back!
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madmartyk
Legendary
Online
Activity: 2688
Merit: 1030
Yes I am a pirate, 300 years too late!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 21, 2014, 07:34:33 PM |
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with the diff going up and the net hash rate getting bigger, you may want to stick with a pool.
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Tarka
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Activity: 49
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January 21, 2014, 07:42:19 PM |
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Word. We're rolling... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Round Shares [Submitted shares since last found block (ie. round shares)] Est. Shares 4316 (done: 28.87%) Pool Valid 1246 Your Valid 656 Pool Invalid 16 (1.27%) Your Invalid 16 (1.27%)
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tw0r
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January 21, 2014, 07:47:15 PM |
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OK, lets continue... BTCatcoin to the moon...
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Let's color the MOON: Y9o4ck6cAb1M8hzZrgd2L2uaJnNJcVp284
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littlemc
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January 21, 2014, 07:49:40 PM |
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woohooo keep on rollin' baby ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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jamieebotwin
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Activity: 809
Merit: 1000
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January 21, 2014, 07:51:35 PM |
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with the diff going up and the net hash rate getting bigger, you may want to stick with a pool.
That is what I started to do.
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