Holy crap I found a block!

[Pony789]

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.

True. Especially when you need to mine for months to reach the min payout of your pool.

[ttyson]

Yeah,

A couple more difficulty hikes and the rounding error will make this unit only good for solo mining or a doorstop.  Fortunately, I pay a flat rate for utilities from my landlord so I'll just let it run solo.

Happy mining!

Tony

[serje]

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.

The problem with solo mining is that you never feel completely sure that everything is configured properly. There's always this uncomfortable nagging feeling that you might be running your miner all day with zero chance of ever finding a block.

this is exactly how i feel when i solo mine....the What if scenario.  what if i screwed up and i find a block and because the config isn't right you lose the 25 BTC. Ughh that would suck.

I use Bitsolo.net but the question always comes up will they pay if i find a block?

hmmm I might start mining there ... with my 5Mh I will surley die before I find a block

[Pony789]

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.

The problem with solo mining is that you never feel completely sure that everything is configured properly. There's always this uncomfortable nagging feeling that you might be running your miner all day with zero chance of ever finding a block.

this is exactly how i feel when i solo mine....the What if scenario.  what if i screwed up and i find a block and because the config isn't right you lose the 25 BTC. Ughh that would suck.

I use Bitsolo.net but the question always comes up will they pay if i find a block?

hmmm I might start mining there ... with my 5Mh I will surley die before I find a block

5MH/s? You are using CPU to mine bitcoin?

[Hunterbunter]

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%.  

What makes it even more awesome is that you actually represent 0.000069091% of the network. The current hash rate is in TH/s, and you're in GH/s.

[erono]

Technically speaking, you can just get lucky and solve for a hash in your first try. It's very unlikely, but it is possible to myunderstanding.

[Coef]

Technically speaking, you can just get lucky and solve for a hash in your first try. It's very unlikely, but it is possible to myunderstanding.

Yes, statistically speaking it is possible, but the possibility is so low that no one has imagined it.

[vipgelsi]

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  

AMazing and way better then playing the lotto.

[Haskel85]

congratulations

[micky123]

I was inspired by the OP and setup solo mining on my graphics card. The software i am using is cuda miner. It now says "stratum detected new block", does this mean that i have found a block? If yes, should i focus more mining power to the miner so it mines the block?

[jonnybravo0311]

I was inspired by the OP and setup solo mining on my graphics card. The software i am using is cuda miner. It now says "stratum detected new block", does this mean that i have found a block? If yes, should i focus more mining power to the miner so it mines the block?

No, you haven't found a block.  It means that your mining software has been informed there's a new block on which it needs to work.

[ILikeMagicBeans]

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.

Agreed, its a bit like playing the lottery

[PublicP2poolNode]

I have two bfl units, one is a 30 gh that I have been trying to find a block solo mining since December 2013 and 523 million is the highest it has found, my other 230 gh unit I mine on p2pool with.

Couldn't stomach solo mining with both of them as I'd rather have a little of something than a lot of nothing.

Thanks for sharing, gives me renewed hope that it still is possible!

[BSIG]

Good there is hope for people wanting a payout.

[micky123]

I was inspired by the OP and setup solo mining on my graphics card. The software i am using is cuda miner. It now says "stratum detected new block", does this mean that i have found a block? If yes, should i focus more mining power to the miner so it mines the block?

No, you haven't found a block.  It means that your mining software has been informed there's a new block on which it needs to work.

Lol! I guess i am not as lucky as i thought i was. Well, keep the faith i suppose!?

[jonnybravo0311]

I was inspired by the OP and setup solo mining on my graphics card. The software i am using is cuda miner. It now says "stratum detected new block", does this mean that i have found a block? If yes, should i focus more mining power to the miner so it mines the block?

No, you haven't found a block.  It means that your mining software has been informed there's a new block on which it needs to work.

Lol! I guess i am not as lucky as i thought i was. Well, keep the faith i suppose!?

Absolutely!  It's why I solo mine.  Chances are I'll never find that block, but why not try?  It costs virtually nothing to do so (5 Antminer U2s driven by an rPi).

[left-ca]

did you get a block finding bonus?

[miffman]

It's interesting how mining can be very profitable for some and just a complete let down for others  Congrats on being part of the lucky ones. I would invest in mining just to know that I mined a block 

[DotSauce]

Better odds than the lottery, eh? Maybe this will become a popular thing as diff increases. I'd like to here a story of someone solo mining a block.

[JamesSchofield]

Yeah so technically you havent found a block. The pool has and you would of likely not found the same block solo.
It was a team effort I'm afraid.