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Author Topic: viabtc vs solo ck vs mining madness  (Read 213 times)
newbieshi (OP)
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December 14, 2025, 06:48:32 PM
Last edit: December 14, 2025, 08:53:25 PM by newbieshi
 #1

Hey,

viabtc luck rate is zigzaging from mostly %20 to %500 (half hour gaps and sometimes almost 10 hr gaps between block,where real mean is 2hr)
also solo ck is sometimes not producing blocks for 2-3 months and sometimes producing each 2-3 days. (luck is %30 to %300)
other pools kano etc are very rare, i dont know mining madness etc.
in my solo mining debugs with rig rentals ,sha256 demo/ debugs and real life examples ->

i have seen worst luck is 1/16 meaning , 10 min avearage block time and biggest distance between blocks are 160 min.
best luck is million X  of %100 luck for some of solo miners (i mean s/he submitterd around 150 m share and reached the target 150 t difficulty)

regarding the scenario at first phragraph , is mining to  a pool when they it has good luck time is better idea ?
or it's just random, according to poisson %64 of blocks mined in 10 mins , are this edge cases just product of poisson's limits?
every time some exceptions appearing , it's diverging back to mean in final. so, is there explaination
philipma1957
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February 19, 2026, 06:25:50 PM
Merited by ABCbits (2), Nexus9090 (2)
 #2


All of the info below is about solo mining

First assumption = proper coding.
Second assumption = proper fast internet connection for the pool.
Third assumption = you have proper connection to the pool.
Fourth assumption = pool operator is honest.
Fifth assumption= your gear has proper chips proper software proper firmware.


If all of the above are true then luck is just luck and the odds are always [ network hashrate/your hashrate ]

All of the above is for solo mining.

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March 04, 2026, 11:53:02 AM
 #3

But the hashrate on solo pools is unstable. It can rise and fall by up to 1000% in a day. This makes it very difficult to build mathematical models based on this. It's like hoping to win at a casino after just recently winning big.
In most cases, luck plays a role on reputable solo pools, which is what attracts many newbies to solo mining. However, if you mine for a long time, solo mining is unprofitable in the long run.

mikeywith
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March 11, 2026, 02:49:15 AM
 #4

You need to understand what variance is specifically, the coefficient of variation. If you look at the entire network as a whole or just imagine there is only one miner in the entire network, that miner is expected to find 144 blocks a day. Now, what is the chance that they find only half the blocks or 72 blocks a day? a simple CDF[Erlang] would give you the result; it's approximately 1 in 11963147 events or 0.00008% or once in 32,800 years. In plain English, that's almost impossible.

Now take a small miner that is expected to find 2 blocks a day; how likely is he expected to find half that, i.e., 1 block only? That's a 39% chance, which in plain English is VERY POSSIBLE.

Long story short, the less a pool is expected to find blocks, the higher the variance they should expect. Obviously variance goes both ways; the small miner with 1 expected block has a 10% chance of hitting double the number, whereas the large miner with 10 expected blocks has only a 0.01 chance of hitting double that.

By the end of the day, it all doesn't matter in the long run; all pools will pay equally - fees.


Below is a simple Python code that you can run and tweak as you like.


Code:
import math
from scipy.stats import gamma

def mining_luck(expected_blocks, actual_blocks):

    luck_percent = (actual_blocks / expected_blocks) * 100
  sigma = (actual_blocks - expected_blocks) / math.sqrt(expected_blocks)

  
    scale = expected_blocks / actual_blocks
    probability = gamma.cdf(actual_blocks, a=actual_blocks, scale=scale)

    print("Expected blocks:", expected_blocks)
    print("Actual blocks:", actual_blocks)
    print(f"Luck: {luck_percent:.2f}%")
    print(f"Sigma deviation: {sigma:.2f}σ")
    print(f"Probability of this or worse: {probability:.8f}")
    print(f"Approx 1 in {1/probability:.0f} events")


# Example
mining_luck(144, 72)

 
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philipma1957
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March 11, 2026, 03:22:56 AM
Last edit: March 11, 2026, 03:34:00 AM by philipma1957
 #5

Most people don't understand how hard it is to hit a block

We are around 1000eh of gear

1000eh = 1,000,000 ph

1,000,000 ph = 1,000,000,000 th

A 1th bitaxe is a billion to one to hit any given block


So 1/1,000,000,000 the next block

Or 144/1,000,000,000 a single block today

Or 1440/1,000,000,000 a block in 10 days

Or 14,400/1,000,000,000 a block in 100 days

Or 144,000/1,000,000,000 a block in 1000 days

Or 1,440,000/1,000,000,000 a block in 10,000 days this is about 29 years

Or 14,400,000/1,000,000,000 a block in 100,000 days this is about 290 years

I froze difficulty and hashrate  to make easy math

So let's talk now one gives a fuck about 290 years time and 1 bitaxe gives about a 1 out of 70 shot to hit in 290 years

So roll back to 29 years a bitaxe is 1 in 700 which is not particularly good but possible.

BTW I am 69 so 69+29=98

 I do not care about 29 year mining future

So if you are say 30 well 30+29 is 59 years old

So if you are 30 and want to hit a solo block by 59

You could mine a s21xp which is 270th and  reduces the 700 to 1 shot to under 3 to 1

So ask your self can you afford to buy a s21xp mine it for 29 years in a row and have about a 38% chance at a block?


I sure as fuck would never mine that way

But yeah 1 bitaxe until I die yeah who  cares it will be under 1000 usd to do that.

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_______Based in Missouri, USA._________________Your One-Stop Shop for Bitcoin Mining Solutions_____________________Mining Farm Consulting__________
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igorokkk
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March 11, 2026, 06:10:54 PM
 #6

In 2015, you could buy 3 bitcoins for $1,000. Now, you have to wait 38 years to get 3 bitcoins for $1,000. Now imagine what the price of bitcoin will be in another 10 years.
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