Holy crap I found a block!

[ttyson]

Dear fellow miners,

That in and of itself is not a big deal.  What is rather cool however, is that I'm mining with a single Block Erupter that I bought on eBay for $300.  My hash rate hovers around 38 Gh/s.  That means of the current Total Hash Rate of 55,000 TH/s or so, I represent a scant 0.069091%.  I didn't just find a block, I crushed it with a share value of 15.6G.  Was I solo mining?  Hell no.  I'm contributing a minuscule amount of work to the Eligius pool.  Nevertheless, there is my block.  Height 298,562. See? Lightning can and does strike.  If any of you feel bad about the fact that earned +0.00016263 BTC instead of 25 BTC for my efforts, my address is 19cK8nHieqXxZbWoYFSdSgm2Q3Cb5CEPN6  Donations welcome!!

Happy Mining!,
Tony  

[1715389467]

1715389467

[1715389467]

1715389467

[1715389467]

1715389467

[1715389467]

1715389467

[1715389467]

1715389467

[TheRealSteve]

At some point these low hash rate devices really work well in the margins of any pool (eventually rounding errors will mean zero payout), and you're better off with the solo mine   Still, congrats!

[Crossbow376]

At some point these low hash rate devices really work well in the margins of any pool (eventually rounding errors will mean zero payout), and you're better off with the solo mine   Still, congrats!

At some point, it will be not profitable to run those those low hashrate (low efficiency) miners, no matter you are pool mining or solo mining, unless you have free electricity.

[Equate]

At some point these low hash rate devices really work well in the margins of any pool (eventually rounding errors will mean zero payout), and you're better off with the solo mine   Still, congrats!

At some point, it will be not profitable to run those those low hashrate (low efficiency) miners, no matter you are pool mining or solo mining, unless you have free electricity.

If BTC price doesn't rise then that some point will be coming soon

[DeboraMeeks]

Congrats, if only you had been solo mining..

[pabpete]

Play the mining lottery everyone!

[hulk]

Congrats, at first I though you were solo mining until I read the full post. So nothing happen and you should continue to mine in the pool.

[gagalady]

Congratulations for finding your first block If I'm correct? If you just been solo mining But don't worry this is still a good achievement in your Bitcoin mining journey  

[dmeter]

i dont say anything look picture

[TheRealSteve]

i dont say anything look picture

200Ghash/s - that's only, oh, 600 times faster than a Block Erupter  Still, pretty lucky!

[Icon]

that's nice n all but come back when you can do this...

https://blockchain.info/address/1DHEvQHvo6zFYbTJJ3JBqF31QxVoyCHWtL




and this less than a week later...

https://blockchain.info/address/1G7kqcnzVecarQwjK2FLHxXgmQWPMy1uYj


Yes, yes i know i am tooting my own horn..

BEEEP!


The really sad part is i don't own them anymore.. seems like it says in my sig, i de-invested when i thought i was investing

Icon

PS

And all that was done with a mere 54 mh/s thanks to my well paid for 10000 times over ATI 5670 GPU FTW!

[C.Steven]

that's nice n all but come back when you can do this...

https://blockchain.info/address/1DHEvQHvo6zFYbTJJ3JBqF31QxVoyCHWtL




and this less than a week later...

https://blockchain.info/address/1G7kqcnzVecarQwjK2FLHxXgmQWPMy1uYj


Yes, yes i know i am tooting my own horn..

BEEEP!


The really sad part is i don't own them anymore.. seems like it says in my sig, i de-invested when i thought i was investing

Icon

PS

And all that was done with a mere 54 mh/s thanks to my well paid for 10000 times over ATI 5670 GPU FTW!

Wow, you were incredibly lucky for finding 2 blocks with a GPU in 2013.

[Jcw188]

That's the price you pay for mining in the pools.  You could have risked it, and found the block with a  large payout, but PROBABLY never gotten anything in 50 years.  So it is cool, but you might as well stay in the pool since that was probably the one block you'll find in your lifetime.  And I doubt anyone will "donate" to you, not sure why they would?

[lif3]

wow, I want to get back into this lottery now XD

[Mobius7]

That in and of itself is not a big deal.  What is rather cool however, is that I'm mining with a single Block Erupter that I bought on eBay for $300.  My hash rate hovers around 38 Gh/s.  That means of the current Total Hash Rate of 55,000 TH/s or so, I represent a scant 0.069091%.  I didn't just find a block, I crushed it with a share value of 15.6G.  Was I solo mining?  Hell no.

Congrats for finding a block.
Don't feel bad about doing pool mining, as it is exactly working as intended "share the luck, lower the variance"

[Gyfts]

Congratulations man. Pretty impressive stuff but solo mining probably is better.

[Bitcoin Magazine]

Dear fellow miners,

That in and of itself is not a big deal.  What is rather cool however, is that I'm mining with a single Block Erupter that I bought on eBay for $300.  My hash rate hovers around 38 Gh/s.  That means of the current Total Hash Rate of 55,000 TH/s or so, I represent a scant 0.069091%.  I didn't just find a block, I crushed it with a share value of 15.6G.  Was I solo mining?  Hell no.  I'm contributing a minuscule amount of work to the Eligius pool.  Nevertheless, there is my block.  Height 298,562. See? Lightning can and does strike.  If any of you feel bad about the fact that earned +0.00016263 BTC instead of 25 BTC for my efforts, my address is 19cK8nHieqXxZbWoYFSdSgm2Q3Cb5CEPN6  Donations welcome!!

Happy Mining!,
Tony  

i don't despise you, but only wizards deserve the 25/50 BTC.

[googlemaster1]

You did what most smalltime miners mining in a pool would love to have done, for no monetary reward in it whatsoever.

You can always know that YOU mined that block.  I have 2 TH/S and have not hit my own block yet.  I mine on a pool, but that would be an exciting day for me, I'd probably remember that block number the rest of my life hahaha.

[jonnybravo0311]

You do remember it

297777 was mine.

[lqyd]

Grats! I'm starting to think people with low hashrates should just solo mine. Either you get nothing or you get 25 BTC! 
Better than making pennies in a pool.