Killo0311
Newbie
Offline
Activity: 25
Merit: 0
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December 25, 2019, 07:12:10 PM |
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Ok what would be better
20ph for 24 hours
Or
40ph for like 6 hours
Thinking about renting some hash power today and trying my luck if any one is interested in going in together I would be down to talk about it
I don’t know if it’s better money used to go a lower HR for longer or a higher HR for shorter what would be the best use of my money?
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DaCryptoRaccoon
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December 25, 2019, 07:24:47 PM |
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Ok what would be better
20ph for 24 hours
Or
40ph for like 6 hours
Thinking about renting some hash power today and trying my luck if any one is interested in going in together I would be down to talk about it
I don’t know if it’s better money used to go a lower HR for longer or a higher HR for shorter what would be the best use of my money?
I would say the longer rental would be better, any time I have rented I have opted for longer time with slightly less hashrate rather than higher hashrate for a shorter time. End of the day you still need some luck even with 40PH your chance is. Chance per block: 1 in 2,124
Chance per day: 1 in 15
Time estimate: 15 days So you still need that bit of luck. Whatever you decided on I wish you the best of luck!
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┏━━━━━━━━━━━━━━━━━┓ ┃ 𝔱𝔥𝔬𝔲 𝔰𝔥𝔞𝔩𝔱 𝔴𝔬𝔯ⱪ 𝔣𝔬𝔯 𝔶𝔬𝔲𝔯 𝔟𝔞𝔤𝔰 ┃ ┃ ➤21/M ┃ ┃ ███▓▓ ███▓▓ ███▓▓ ███▓▓┃
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Killo0311
Newbie
Offline
Activity: 25
Merit: 0
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December 25, 2019, 07:29:42 PM |
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Ok what would be better
20ph for 24 hours
Or
40ph for like 6 hours
Thinking about renting some hash power today and trying my luck if any one is interested in going in together I would be down to talk about it
I don’t know if it’s better money used to go a lower HR for longer or a higher HR for shorter what would be the best use of my money?
I would say the longer rental would be better, any time I have rented I have opted for longer time with slightly less hashrate rather than higher hashrate for a shorter time. End of the day you still need some luck even with 40PH your chance is. Chance per block: 1 in 2,124
Chance per day: 1 in 15
Time estimate: 15 days So you still need that bit of luck. Whatever you decided on I wish you the best of luck! Would any one like to jump in with me it would be my first time doing a group thing and ya it would be kinda nerve racking trusting someone one to be honest with all that coin but I am down to work as a team to Make this a great XMass for every one who wants in
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DaCryptoRaccoon
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December 25, 2019, 07:40:37 PM |
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I don't think anyone will jump in with you to be honest your a new account with limited history.
I know some here do group rentals every so often I think the coordinator was philipma1957 you could ask about but the risk is a user rent's or points hashing power to your account you find a block then don't pay the member this is why most people just go it alone or wait for a trusted member to organised a group mine for a shot at the glory.
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┏━━━━━━━━━━━━━━━━━┓ ┃ 𝔱𝔥𝔬𝔲 𝔰𝔥𝔞𝔩𝔱 𝔴𝔬𝔯ⱪ 𝔣𝔬𝔯 𝔶𝔬𝔲𝔯 𝔟𝔞𝔤𝔰 ┃ ┃ ➤21/M ┃ ┃ ███▓▓ ███▓▓ ███▓▓ ███▓▓┃
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Killo0311
Newbie
Offline
Activity: 25
Merit: 0
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December 25, 2019, 07:48:19 PM |
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I don't think anyone will jump in with you to be honest your a new account with limited history.
I know some here do group rentals every so often I think the coordinator was philipma1957 you could ask about but the risk is a user rent's or points hashing power to your account you find a block then don't pay the member this is why most people just go it alone or wait for a trusted member to organised a group mine for a shot at the glory.
Ya that’s scared shit I Honestly hate this world and how money corrupts sadly we need money to function but in this new blockchain world a scammer is only a click away and it would be hard for me to let my money go unless I new the people well so I totally understand me being new and lack of trust but you have to start somewhere
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DaCryptoRaccoon
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December 25, 2019, 07:50:28 PM |
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I don't think anyone will jump in with you to be honest your a new account with limited history.
I know some here do group rentals every so often I think the coordinator was philipma1957 you could ask about but the risk is a user rent's or points hashing power to your account you find a block then don't pay the member this is why most people just go it alone or wait for a trusted member to organised a group mine for a shot at the glory.
Ya that’s scared shit I Honestly hate this world and how money corrupts sadly we need money to function but in this new blockchain world a scammer is only a click away and it would be hard for me to let my money go unless I new the people well so I totally understand me being new and lack of trust but you have to start somewhere You don't need to trust anyone if you rent on your own as if you find a block the reward of 12.5 BTC + Fees - 1% pool fee goes directly to your wallet so no need to put trust in anyone if you go it alone. Good luck if you go for it some of us have been trying for years!
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┏━━━━━━━━━━━━━━━━━┓ ┃ 𝔱𝔥𝔬𝔲 𝔰𝔥𝔞𝔩𝔱 𝔴𝔬𝔯ⱪ 𝔣𝔬𝔯 𝔶𝔬𝔲𝔯 𝔟𝔞𝔤𝔰 ┃ ┃ ➤21/M ┃ ┃ ███▓▓ ███▓▓ ███▓▓ ███▓▓┃
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Killo0311
Newbie
Offline
Activity: 25
Merit: 0
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December 25, 2019, 08:19:01 PM |
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I don't think anyone will jump in with you to be honest your a new account with limited history.
I know some here do group rentals every so often I think the coordinator was philipma1957 you could ask about but the risk is a user rent's or points hashing power to your account you find a block then don't pay the member this is why most people just go it alone or wait for a trusted member to organised a group mine for a shot at the glory.
Ya that’s scared shit I Honestly hate this world and how money corrupts sadly we need money to function but in this new blockchain world a scammer is only a click away and it would be hard for me to let my money go unless I new the people well so I totally understand me being new and lack of trust but you have to start somewhere You don't need to trust anyone if you rent on your own as if you find a block the reward of 12.5 BTC + Fees - 1% pool fee goes directly to your wallet so no need to put trust in anyone if you go it alone. Good luck if you go for it some of us have been trying for years! how about 100ph for a hour? hahahah
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DaCryptoRaccoon
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December 25, 2019, 08:26:13 PM Merited by chillfactr (2) |
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You would still need some epic luck. I think right now if you really wanted to break a block you would need over 1 Exahash to have a really good shot. Just don't forget every hash has an equal chance of being a block so even with a large rental it's no guarantee you would find a one.. 1 Exahash Chance per block: 1 in 88 Chance per day: 1 in 1 Time estimate: 15 hours Just don't throw money at a rental that you may need in future your basically gambling with any funds you throw at solo mining.
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┏━━━━━━━━━━━━━━━━━┓ ┃ 𝔱𝔥𝔬𝔲 𝔰𝔥𝔞𝔩𝔱 𝔴𝔬𝔯ⱪ 𝔣𝔬𝔯 𝔶𝔬𝔲𝔯 𝔟𝔞𝔤𝔰 ┃ ┃ ➤21/M ┃ ┃ ███▓▓ ███▓▓ ███▓▓ ███▓▓┃
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Killo0311
Newbie
Offline
Activity: 25
Merit: 0
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December 25, 2019, 08:51:49 PM |
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You would still need some epic luck. I think right now if you really wanted to break a block you would need over 1 Exahash to have a really good shot. Just don't forget every hash has an equal chance of being a block so even with a large rental it's no guarantee you would find a one.. 1 Exahash Chance per block: 1 in 88 Chance per day: 1 in 1 Time estimate: 15 hours Just don't throw money at a rental that you may need in future your basically gambling with any funds you throw at solo mining. Hypothetically you have 0.1btc of income you want to spend/gamble/ call it whatever you want what would you do aside from invest it would you look at going at a altcoin grin/etc/dash/EXT..... what would be the best use or should you just go to Bitstar and gamble it HAHAHA
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Killo0311
Newbie
Offline
Activity: 25
Merit: 0
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December 25, 2019, 10:39:17 PM |
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I am all in 12 for 6 hours i have 24 chances to catch a little luck to change my future and point my life in a better direction
Merry Christmas all and thank you CK for giving us all this great solo pool to use
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madmartyk
Legendary
Offline
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
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December 26, 2019, 01:59:48 PM |
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I am all in 12 for 6 hours i have 24 chances to catch a little luck to change my future and point my life in a better direction
Merry Christmas all and thank you CK for giving us all this great solo pool to use
Good luck and I hop you did better than I did!!
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philipma1957
Legendary
Offline
Activity: 4368
Merit: 9274
'The right to privacy matters'
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December 26, 2019, 04:13:30 PM |
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I don't think anyone will jump in with you to be honest your a new account with limited history.
I know some here do group rentals every so often I think the coordinator was philipma1957 you could ask about but the risk is a user rent's or points hashing power to your account you find a block then don't pay the member this is why most people just go it alone or wait for a trusted member to organised a group mine for a shot at the glory.
We did it years ago 5 btc was kicked in and we hit two blocks of 25 coins each. so 5 btc became 50 btc I rented 1 ph for 25 hours. the diff was 67,000,000,000 vs 12,900,000,000,000 so it is now 200x harder to do then it was back then. I got the rental at very close to real cost. that meant a 5/25 chance for use to hit a block. and a 25/625 chance to hit two blocks. ten people were in and we all paid .5 btc to get 5 btc. i think btc was only 200-250 a coin. To do this now we would need 2.5 btc. or .25btc a piece. 10 players and if we hit we would one block get 1.2 btc with a tip to ck. I am not sure I want to handle 7200usd x 2.5 = 18000usd input and 7200 x 12.5 = 90000 output If we got lucky and hit one i would be holding 90k If we got really lucky and hir two I would be holding 180k Not so sure I want to have much responsibility.
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MoparMiningLLC
aka Stryfe
Legendary
Online
Activity: 2324
Merit: 2533
EIN: 82-3893490
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December 26, 2019, 04:26:38 PM |
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I don't think anyone will jump in with you to be honest your a new account with limited history.
I know some here do group rentals every so often I think the coordinator was philipma1957 you could ask about but the risk is a user rent's or points hashing power to your account you find a block then don't pay the member this is why most people just go it alone or wait for a trusted member to organised a group mine for a shot at the glory.
We did it years ago 5 btc was kicked in and we hit two blocks of 25 coins each. so 5 btc became 50 btc I rented 1 ph for 25 hours. the diff was 67,000,000,000 vs 12,900,000,000,000 so it is now 200x harder to do then it was back then. I got the rental at very close to real cost. that meant a 5/25 chance for use to hit a block. and a 25/625 chance to hit two blocks. ten people were in and we all paid .5 btc to get 5 btc. i think btc was only 200-250 a coin. To do this now we would need 2.5 btc. or .25btc a piece. 10 players and if we hit we would one block get 1.2 btc with a tip to ck. I am not sure I want to handle 7200usd x 2.5 = 18000usd input and 7200 x 12.5 = 90000 output If we got lucky and hit one i would be holding 90k If we got really lucky and hir two I would be holding 180k Not so sure I want to have much responsibility. and phil, that is why you would be a good candidate - because you recognize the responsibility and I think we all know you would be honest and do the job if it won.
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rotem8866
Newbie
Offline
Activity: 46
Merit: 0
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December 26, 2019, 08:01:18 PM |
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I don't think anyone will jump in with you to be honest your a new account with limited history.
I know some here do group rentals every so often I think the coordinator was philipma1957 you could ask about but the risk is a user rent's or points hashing power to your account you find a block then don't pay the member this is why most people just go it alone or wait for a trusted member to organised a group mine for a shot at the glory.
We did it years ago 5 btc was kicked in and we hit two blocks of 25 coins each. so 5 btc became 50 btc I rented 1 ph for 25 hours. the diff was 67,000,000,000 vs 12,900,000,000,000 so it is now 200x harder to do then it was back then. I got the rental at very close to real cost. that meant a 5/25 chance for use to hit a block. and a 25/625 chance to hit two blocks. ten people were in and we all paid .5 btc to get 5 btc. i think btc was only 200-250 a coin. To do this now we would need 2.5 btc. or .25btc a piece. 10 players and if we hit we would one block get 1.2 btc with a tip to ck. I am not sure I want to handle 7200usd x 2.5 = 18000usd input and 7200 x 12.5 = 90000 output If we got lucky and hit one i would be holding 90k If we got really lucky and hir two I would be holding 180k Not so sure I want to have much responsibility. With you, IM in 😄
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Rasadi
Newbie
Offline
Activity: 11
Merit: 0
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December 26, 2019, 09:35:48 PM |
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Dear all, I'm new here. BUT, meanwhile past two weeks, my miners history shows that they have found 17 Blocks(!) in another pool. But I get only 0.02BTC or slightly more. I decide to try my chance here as solo miner. I have not a lot of PH per second. But I think it would be better if I could find even 1 block by myself instead of a long term waiting for a group mining and a neglectable income.
I wish best for all and a good XMAS prize for myself.
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hiaxis
Jr. Member
Offline
Activity: 98
Merit: 5
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December 27, 2019, 05:15:17 AM |
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We did it years ago 5 btc was kicked in and we hit two blocks of 25 coins each.
so 5 btc became 50 btc
I rented 1 ph for 25 hours. the diff was 67,000,000,000 vs 12,900,000,000,000
so it is now 200x harder to do then it was back then.
I got the rental at very close to real cost. that meant a 5/25 chance for use to hit a block.
and a 25/625 chance to hit two blocks.
ten people were in and we all paid .5 btc to get 5 btc.
i think btc was only 200-250 a coin.
To do this now we would need 2.5 btc. or .25btc a piece. 10 players and if we hit we would one block get 1.2 btc with a tip to ck.
I am not sure I want to handle 7200usd x 2.5 = 18000usd input
and 7200 x 12.5 = 90000 output
If we got lucky and hit one i would be holding 90k If we got really lucky and hir two I would be holding 180k
Not so sure I want to have much responsibility.
I realize I don't have any rep. on this forum but I have been GPU and ASIC mining for a few years and switched to solo over a year ago. I currently have ~235TH pointed at the solo pool and, although it's meaningless, my best share up to this point is 2,302,303,126,450 which unfortunately is too low by a factor of 5-6. With the difficulty being so high, the odds are stacked terribly against me that I will ever hit a block. I'd like to buy in with 0.25 or even 0.5 BTC if you move forward with this, assuming you're OK with that.
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philipma1957
Legendary
Offline
Activity: 4368
Merit: 9274
'The right to privacy matters'
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December 27, 2019, 05:42:26 AM |
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Okay no coin don't send a thing.a list lets try .125 coins would be a total of 10x .125 = 1.25 Our chance would be most likely 1.25/12.5 = .10% or 1 in 10 at best that would assume we get rentals close to 0.195 more likely we would get a rental of 25ph for 2 days 12 hours giving us about a 9% shot or a 1 in 11 chance. So put your name down to see if we can raise the 1.25 btc If we hit I would tip ck .25 btc I would split the rest 10 ways. 1. philipma1957 0.125 btc 2. 3. 4. 5. 6. 7. 8. 9. 10. lets see if we have 10 fools. don't send coin
don't send coinput your name and that you would put up 0.125 btc no obligations. I still may decide to not run this. this is just to see if there are 10 fools left on bitcointalk. If I run it I will use a trezor address. once 1.25 btc is collected I will move coin to nicehash since it is more then 8000 usd. I will send 4000 rent and mine it then send 4000 rent and mine it. this protects us from a nice hash hack. I have a ledger with a legacy account that generates legacy addresses so the address will be a new legacy address. @ ck your pool can handle that correct? And I will run it in 2020 not 2019. please don't send coin until we get the 10 fools.
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hiaxis
Jr. Member
Offline
Activity: 98
Merit: 5
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December 27, 2019, 06:21:58 AM |
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Okay no coin don't send a thing.a list lets try .125 coins would be a total of 10x .125 = 1.25 Our chance would be most likely 1.25/12.5 = .10% or 1 in 10 at best that would assume we get rentals close to 0.195 more likely we would get a rental of 25ph for 2 days 12 hours giving us about a 9% shot or a 1 in 11 chance. So put your name down to see if we can raise the 1.25 btc If we hit I would tip ck .25 btc I would split the rest 10 ways. 1. philipma1957 0.125 btc 2. hiaxis 0.125 btc 3. 4. 5. 6. 7. 8. 9. 10. lets see if we have 10 fools. don't send coin
don't send coinput your name and that you would put up 0.125 btc no obligations. I still may decide to not run this. this is just to see if there are 10 fools left on bitcointalk. If I run it I will use a trezor address. once 1.25 btc is collected I will move coin to nicehash since it is more then 8000 usd. I will send 4000 rent and mine it then send 4000 rent and mine it. this protects us from a nice hash hack. I have a ledger with a legacy account that generates legacy addresses so the address will be a new legacy address. @ ck your pool can handle that correct? And I will run it in 2020 not 2019. please don't send coin until we get the 10 fools. That sounds great. Fool number 1 is in. Thank you for being willing to do this. If allowed to do so, I'd be willing to send 0.25 BTC for 2 spots if we have gaps to fill. I also have a couple of mining friends that may want to buy in through me if that's allowed? If so, I will check with them and put them down as well under my name if they agree and you approve. For the nicehash rental, I just rented 1PH for a bit under a standard order. Hash rate fluctuated all over the place and I paid 0.022 BTC/PH/day. I have placed a fixed order through nicehash in the past and pointed it to ckpool solo and had issues that led to the order eventually being cancelled automatically. I don't understand why that happened but has this been resolved or would we be forced to submit a standard order?
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chillfactr
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December 27, 2019, 06:24:30 AM |
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Okay no coin don't send a thing.a list lets try .125 coins would be a total of 10x .125 = 1.25 Our chance would be most likely 1.25/12.5 = .10% or 1 in 10 at best that would assume we get rentals close to 0.195 more likely we would get a rental of 25ph for 2 days 12 hours giving us about a 9% shot or a 1 in 11 chance. So put your name down to see if we can raise the 1.25 btc If we hit I would tip ck .25 btc I would split the rest 10 ways. 1. philipma1957 0.125 btc 2. hiaxis 0.125 btc 3. chillfactr 0.125 BTC4. 5. 6. 7. 8. 9. 10. lets see if we have 10 fools. don't send coin
don't send coinput your name and that you would put up 0.125 btc no obligations. I still may decide to not run this. this is just to see if there are 10 fools left on bitcointalk. If I run it I will use a trezor address. once 1.25 btc is collected I will move coin to nicehash since it is more then 8000 usd. I will send 4000 rent and mine it then send 4000 rent and mine it. this protects us from a nice hash hack. I have a ledger with a legacy account that generates legacy addresses so the address will be a new legacy address. @ ck your pool can handle that correct? And I will run it in 2020 not 2019. please don't send coin until we get the 10 fools. That sounds great. Fool number 1 is in. Thank you for being willing to do this. If allowed to do so, I'd be willing to send 0.25 BTC for 2 spots if we have gaps to fill. I also have a couple of mining friends that may want to buy in through me if that's allowed? If so, I will check with them and put them down as well under my name if they agree and you approve. For the nicehash rental, I just rented 1PH for a bit under a standard order. Hash rate fluctuated all over the place and I paid 0.022 BTC/PH/day. I have placed a fixed order through nicehash in the past and pointed it to ckpool solo and had issues that led to the order eventually being cancelled automatically. I don't understand why that happened but has this been resolved or would we be forced to submit a standard order?
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rotem8866
Newbie
Offline
Activity: 46
Merit: 0
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December 27, 2019, 06:25:39 AM |
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Okay no coin don't send a thing.a list lets try .125 coins would be a total of 10x .125 = 1.25 Our chance would be most likely 1.25/12.5 = .10% or 1 in 10 at best that would assume we get rentals close to 0.195 more likely we would get a rental of 25ph for 2 days 12 hours giving us about a 9% shot or a 1 in 11 chance. So put your name down to see if we can raise the 1.25 btc If we hit I would tip ck .25 btc I would split the rest 10 ways. 1. philipma1957 0.125 btc 2. hiaxis 0.125 btc 3. chillfactr 0.125 BTC4. rotem8866. 0.125 btc 5. 6. 7. 8. 9. 10. lets see if we have 10 fools. don't send coin
don't send coinput your name and that you would put up 0.125 btc no obligations. I still may decide to not run this. this is just to see if there are 10 fools left on bitcointalk. If I run it I will use a trezor address. once 1.25 btc is collected I will move coin to nicehash since it is more then 8000 usd. I will send 4000 rent and mine it then send 4000 rent and mine it. this protects us from a nice hash hack. I have a ledger with a legacy account that generates legacy addresses so the address will be a new legacy address. @ ck your pool can handle that correct? And I will run it in 2020 not 2019. please don't send coin until we get the 10 fools. That sounds great. Fool number 1 is in. Thank you for being willing to do this. If allowed to do so, I'd be willing to send 0.25 BTC for 2 spots if we have gaps to fill. I also have a couple of mining friends that may want to buy in through me if that's allowed? If so, I will check with them and put them down as well under my name if they agree and you approve. For the nicehash rental, I just rented 1PH for a bit under a standard order. Hash rate fluctuated all over the place and I paid 0.022 BTC/PH/day. I have placed a fixed order through nicehash in the past and pointed it to ckpool solo and had issues that led to the order eventually being cancelled automatically. I don't understand why that happened but has this been resolved or would we be forced to submit a standard order?
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