Bitcoin Forum
April 23, 2024, 12:35:31 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Solo Mining??  (Read 1320 times)
us11csalyer (OP)
Member
**
Offline Offline

Activity: 266
Merit: 12

Streamity Decentralized cryptocurrency exchange


View Profile
September 09, 2011, 02:52:31 AM
 #1

I am running a Q6600 and ASUS EAH6850 OCed to engine 905/MEM 750 @ 1.57v\
GUIMiner - v2011-08-24
I get roughly 225Mhash/s with -v -f80 -w128 aggression =11
I have it configured to allow the computer to still be used for internet and videos.

My question is can I pause solo mining or will it mess me up on probability?

1713875731
Hero Member
*
Offline Offline

Posts: 1713875731

View Profile Personal Message (Offline)

Ignore
1713875731
Reply with quote  #2

1713875731
Report to moderator
1713875731
Hero Member
*
Offline Offline

Posts: 1713875731

View Profile Personal Message (Offline)

Ignore
1713875731
Reply with quote  #2

1713875731
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713875731
Hero Member
*
Offline Offline

Posts: 1713875731

View Profile Personal Message (Offline)

Ignore
1713875731
Reply with quote  #2

1713875731
Report to moderator
1713875731
Hero Member
*
Offline Offline

Posts: 1713875731

View Profile Personal Message (Offline)

Ignore
1713875731
Reply with quote  #2

1713875731
Report to moderator
nmat
Hero Member
*****
Offline Offline

Activity: 602
Merit: 501


View Profile
September 09, 2011, 03:12:31 AM
 #2

Why don't you pool mine? With that setup it will take you ~10 months to find a block if the difficulty doesn't change. Regarding your question, you can pause it and it won't affect probability.
bcforum
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
September 09, 2011, 03:19:36 AM
 #3

Your probability doesn't change if you pause mining. If you buy a lottery ticket every week and your odds are 1/x you'll win that week. If you skip buying a ticket one week you have no chance of winning that week, but next week (assuming you buy a ticket) they are 1/x you'll win.

With mining, you buy as many tickets as you can (by mining) in a 10 minute period (the target block rate.) If you pause mining for 5 minutes in the middle of a block you have reduced your chance of finding a winning ticket by 50% in that period, but only in that period.

For reference, 200MH/s is about 60 tickets/minute and it takes approximately 1.8 million tickets (on average) to win.

If you found this post useful, feel free to share the wealth: 1E35gTBmJzPNJ3v72DX4wu4YtvHTWqNRbM
us11csalyer (OP)
Member
**
Offline Offline

Activity: 266
Merit: 12

Streamity Decentralized cryptocurrency exchange


View Profile
September 09, 2011, 03:31:54 AM
 #4

IDK, I just thought I'd give solo a try.

What do you think of this?

A local store has old dell pcs with a single pci-e16 slot. Would it be better to build a 3gpu rig on newegg or get these cheap (75USD per pc) from the store and throw in a gpu? The used PCs have 325-400W PSUs. I can pick four of them up for 250.00.

Here is the build I was thinking about going through newegg

160GB Sata2 HDD
1gig of ddr3 800
athlon 2 XII
ASrock Mobo with 3 pci-ex16 slots
cooler master 850w PSU with 6 6+2pin connectors. 66Amps 792W on 12+ rail

Roughly 370 dollars before video cards. (I have extra dvd drive, ect)
What 3 video cards would work on the 850W PSU?

Or do you know a better build for someone wanting to get his feet wet in bitcoin.

Boyne7
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
September 09, 2011, 04:11:28 AM
 #5

more rigs = more power = less efficiency, more heat.

you'd be better off with a single rig with 3 cards.
us11csalyer (OP)
Member
**
Offline Offline

Activity: 266
Merit: 12

Streamity Decentralized cryptocurrency exchange


View Profile
September 09, 2011, 04:22:12 AM
 #6

Thanks. I'm thinking if I can get 3 6950s and unlock them I'll be able to hit around 1500 Mhash/s Since I'm able to push my ASUS EAH6850 to do 225 24/7 with the flag that lets other apps run without lag. 260ish Mhash/s if dedicated solely to mining.

Bitcraft
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
September 09, 2011, 04:52:09 AM
 #7

Not worth it to solomine with that M/hash.
us11csalyer (OP)
Member
**
Offline Offline

Activity: 266
Merit: 12

Streamity Decentralized cryptocurrency exchange


View Profile
September 09, 2011, 05:39:07 AM
 #8

I'll stick to deepbit. I'm hoping bitcoin value goes back up. This is a fun hobby and it'll be nice if it pays for the electric. Here it is 9cents per Kw.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!