I'm renting rigs from miningringrentals and nicehash for solo pools(ck,viabtc,brains,pyblock) as lottery.Also, i'm debugging cgminer and solomining python codes.
What i have experienced is that ( i know techical stuff sha256 and how poissoin distrubiton etc works) -> with same amount of money,renting big hashpower for smaller
duration seems better than renting low hash power for longer duration . Like renting 10th for 1 day seems better than 1th for 10 day (same amount of money paid).
What are your thoughts? any experiences, ideas?
My thought is that renting huge hashpower behaves like some memory, you are scanning big part that you know it is bigger than target hash. Now,seeing,memorizing and eliminating big part, you are more close to the hash less than target. In brief, i mean that even memorizing the failures and not working on that continiuing on remaining is making one step close to target hash is key succes for renting huge hashpower.
On the other hand renting lower hashpower for bigger period seems , every new block is bringing more randomness ; you are able to scan smaller part of target hash realm in a block. I have seeing that demo-runs with different hashpowers for same time , different time durations -> huge hashpower is reaching bigger diffuculies more often even in xtrem shorter period.
So , my final question is for my gambling style adjustment, instead of renting 10 terahash for 30 days, should i just rent 300 th for a day?
Or you are saying even modifiying one bit of data, it makes sha256 of it totaly random and i'm wrong? i checked sha256 bit operations many
times via
https://sha256algorithm.com/