Isemono
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Merit: 0
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January 07, 2020, 10:31:15 PM |
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Hello I am new on this website and in mining Bitcoin. Can you explain me why our Diffculty is 63.9 (?) and the Network Diff is 13.80 T ? How to check how close I was to mine bitcoin? I know that i can check this with BestShare and Diff but can someone explain me this on example. Sorry for my bad English and thank you for your help. If you have any good advice, I'm open to hear it
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hiaxis
Jr. Member
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Activity: 98
Merit: 5
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January 07, 2020, 11:59:43 PM |
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Hello I am new on this website and in mining Bitcoin. Can you explain me why our Diffculty is 63.9 (?) and the Network Diff is 13.80 T ? How to check how close I was to mine bitcoin? I know that i can check this with BestShare and Diff but can someone explain me this on example. Sorry for my bad English and thank you for your help. If you have any good advice, I'm open to hear it
The "diff" in Pool Status is just the total number of shares submitted since the last block was found divided by the current difficulty. For example: 8826279053409 ÷ 13798783827516 x 100 = 63.96% This is just an indicator of how "lucky" or "unlucky" the pool was when a block is found. Find a block before the diff is 100% and you're lucky. Find one once it exceeds 100% and you're unlucky. It's a random statistic that can point towards how close you may be to finding a block, although in my mind it's just another meaningless number. Your "best share" is what you need to look at to see if you've found a block. If your best share exceeds the network difficulty, you've found a block.
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philipma1957
Legendary
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Activity: 4340
Merit: 9028
'The right to privacy matters'
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January 08, 2020, 03:27:08 AM |
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Well I think Philip has some power he was thinking of renting and some other members so it might be something worth looking into. The reason people use nice hash is convenience though they have had a somewhat iffy past.
Also the amount of hashpower user farms may have might not be large enough and again there's quite a fair amount available via Nicehash
Yeah, I get the convenience factor. I use to do my home mining to it way back and general GPU's for how easy it was, but after the hack haven't done much except for what was needed to keep my balance active. When your talking 1+PH for a day or two it makes it a bit easier to work with a large farm or user, still the convenience will be with nicehash but working one-one you cut them out. I could probably part with a few PH for a week or so if Phillip or anyone else wanted to avoid nicehash. Lets put it to the group once we have a full list again I would be happy to see community members earning for there hash rate rather than random's on Nicehash so it's a good idea. Maybe Philip will pipe in with some of his legendary mathematics on rates, since he is the guru at the numbers. 7 places to fill some members are holding off this round as they just had an attempt. renting 2ph directly from a reliable miner is better then nicehash. We spent about 13-14% more then the breakeven rates renting from nicehash. nicehash charges 3% plus a little for each order. and we paid higher then the standard rate due to competition for available hash. translation current berea even number is 0.01778 per ph per day we paid about 0.0201 per ph per day. so if a farms sells you under 0.0201 per ph per day say 0.019 per ph per day nicehash is cut out the farm earns more then standard the renter pays less then it would pay nicehash. so right now we have 6 or 7 days before next jump. if you rent 1 ph for 5 days at 0.019 it is 0.095 per ph for 5 days. or rent 2 ph for 5 days at at 0.038 it is 0.190 for 5 days. better for the farm and for the renter worse for nicehash. wait for jump once 5 day rental is done figure new rates do another 5 If I had 4ph or 5ph mining under my control I would do it. At least once or twice. my total hash is 1200 200 570 1970 or 1.97 ph
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Rasadi
Newbie
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Activity: 11
Merit: 0
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January 08, 2020, 02:37:19 PM |
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Dear friends, I finally find out why my system history show a fantasy value. Thank everybody who tries to show my fault origin. Thanks and I hope best chance for all solo players.
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DaCryptoRaccoon
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January 08, 2020, 03:17:26 PM |
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Top work philip, I think if we can rent some local power it may be a good idea, limit how much we take from Nicehash. I can also vouch for MRR have rented and sold mining there in the past was a good experience.
I wonder if we can fill the list before the next diff jump looking between 9-10% at the moment and I do think more gear is still coming online looking at the network hash rate .
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┏━━━━━━━━━━━━━━━━━┓ ┃ 𝔱𝔥𝔬𝔲 𝔰𝔥𝔞𝔩𝔱 𝔴𝔬𝔯ⱪ 𝔣𝔬𝔯 𝔶𝔬𝔲𝔯 𝔟𝔞𝔤𝔰 ┃ ┃ ➤21/M ┃ ┃ ███▓▓ ███▓▓ ███▓▓ ███▓▓┃
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hiaxis
Jr. Member
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Activity: 98
Merit: 5
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January 08, 2020, 07:05:01 PM |
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Top work philip, I think if we can rent some local power it may be a good idea, limit how much we take from Nicehash. I can also vouch for MRR have rented and sold mining there in the past was a good experience.
I wonder if we can fill the list before the next diff jump looking between 9-10% at the moment and I do think more gear is still coming online looking at the network hash rate .
I hope we can. The next jump will hurt our odds for sure. I am trying to recruit a few people but we are gambling I am in favor of renting hash power from a source other than NH. It would be nice to just have a stable hash rate for however long the rental period may be.
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jimjam123
Member
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Activity: 456
Merit: 16
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January 09, 2020, 04:39:18 PM |
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Top work philip, I think if we can rent some local power it may be a good idea, limit how much we take from Nicehash. I can also vouch for MRR have rented and sold mining there in the past was a good experience.
I wonder if we can fill the list before the next diff jump looking between 9-10% at the moment and I do think more gear is still coming online looking at the network hash rate .
I hope we can. The next jump will hurt our odds for sure. I am trying to recruit a few people but we are gambling I am in favor of renting hash power from a source other than NH. It would be nice to just have a stable hash rate for however long the rental period may be. I second this motion. Lets get'er done.
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DaCryptoRaccoon
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January 09, 2020, 04:52:41 PM |
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Still a bit low on the list but if your all keen to make a start I'll setup the deposit address and we can make a start on some hashrate before the Diff jump set's in. So far we have 0.375 BTC pledged for the block hunt. CK Solo Hunt - Paid Members - Join Fee 0.125 BTC 1) hiaxis 0.125 BTC - Payment Pending 2) VRobb 0.125 BTC - Payment Pending 3) jimjam123 0.125 BTC - Payment Pending 4) 5) 6) 7) 9) 10)
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┏━━━━━━━━━━━━━━━━━┓ ┃ 𝔱𝔥𝔬𝔲 𝔰𝔥𝔞𝔩𝔱 𝔴𝔬𝔯ⱪ 𝔣𝔬𝔯 𝔶𝔬𝔲𝔯 𝔟𝔞𝔤𝔰 ┃ ┃ ➤21/M ┃ ┃ ███▓▓ ███▓▓ ███▓▓ ███▓▓┃
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DaCryptoRaccoon
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January 09, 2020, 07:18:55 PM |
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Seems we have another solo warrior pushing 10PH. Best of luck to you!
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┏━━━━━━━━━━━━━━━━━┓ ┃ 𝔱𝔥𝔬𝔲 𝔰𝔥𝔞𝔩𝔱 𝔴𝔬𝔯ⱪ 𝔣𝔬𝔯 𝔶𝔬𝔲𝔯 𝔟𝔞𝔤𝔰 ┃ ┃ ➤21/M ┃ ┃ ███▓▓ ███▓▓ ███▓▓ ███▓▓┃
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hiaxis
Jr. Member
Offline
Activity: 98
Merit: 5
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January 09, 2020, 08:28:26 PM Last edit: January 09, 2020, 09:42:09 PM by hiaxis |
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Still a bit low on the list but if your all keen to make a start I'll setup the deposit address and we can make a start on some hashrate before the Diff jump set's in. So far we have 0.375 BTC pledged for the block hunt. CK Solo Hunt - Paid Members - Join Fee 0.125 BTC 1) hiaxis 0.125 BTC - Payment Pending 2) VRobb 0.125 BTC - Payment Pending 3) jimjam123 0.125 BTC - Payment Pending 4) 5) 6) 7) 9) 10) I think we should try to fill the spots to up our group buying power. Diff increase will suck but our odds are better with more hash power which costs $$$ Is there somewhere else we can post to get more players?
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DaCryptoRaccoon
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January 09, 2020, 08:32:56 PM |
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Still a bit low on the list but if your all keen to make a start I'll setup the deposit address and we can make a start on some hashrate before the Diff jump set's in. So far we have 0.375 BTC pledged for the block hunt. CK Solo Hunt - Paid Members - Join Fee 0.125 BTC 1) hiaxis 0.125 BTC - Payment Pending 2) VRobb 0.125 BTC - Payment Pending 3) jimjam123 0.125 BTC - Payment Pending 4) 5) 6) 7) 9) 10) I think we should try to fill the spots to up our group buying power. Diff increase will suck bit our odds are better with more hash power which costs $$$ Is there somewhere else we can post to get more players? I've reached out to some contacts on telegram who may be interested in this I don't want to make a topic about it would rather keep it in the group we have here it may be the fact some people just did the previous one with no luck and are holding off for the time being. Build and they shall come!
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┏━━━━━━━━━━━━━━━━━┓ ┃ 𝔱𝔥𝔬𝔲 𝔰𝔥𝔞𝔩𝔱 𝔴𝔬𝔯ⱪ 𝔣𝔬𝔯 𝔶𝔬𝔲𝔯 𝔟𝔞𝔤𝔰 ┃ ┃ ➤21/M ┃ ┃ ███▓▓ ███▓▓ ███▓▓ ███▓▓┃
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jimjam123
Member
Offline
Activity: 456
Merit: 16
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January 09, 2020, 10:10:17 PM |
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Seems we have another solo warrior pushing 10PH. Best of luck to you! That would be me
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ailikun
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January 10, 2020, 02:57:45 PM |
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I now think that gambling that much btc, is not the right thing to do ~ 0.15btc.
This should be a small gamble, but with a chance to win big.
lets say 0.015 btc, is the perfect amount to gamble. And we can do it once or twice a month.
i did group solo mining a lot in the past, we even found a block.
Put your name down, and lets see if we can get 10 players now, and if we hit a block, each will get ~1.2 btc, and a tip to ck .25 btc
Do not send any coins, lets just see if theres gonna be enough people.
1. ailikun 0.015 btc 2. 3. 4. 5. 6. 7. 8. 9. 10.
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Komuto Herovato is definitely the chief engineer of bfl)
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DaCryptoRaccoon
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January 10, 2020, 03:10:58 PM |
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I now think that gambling that much btc, is not the right thing to do ~ 0.15btc.
This should be a small gamble, but with a chance to win big.
lets say 0.015 btc, is the perfect amount to gamble. And we can do it once or twice a month.
i did group solo mining a lot in the past, we even found a block.
Put your name down, and lets see if we can get 10 players now, and if we hit a block, each will get ~1.2 btc, and a tip to ck .25 btc
Do not send any coins, lets just see if theres gonna be enough people.
1. ailikun 0.015 btc 2. 3. 4. 5. 6. 7. 8. 9. 10.
We have a small group on the go right now can we hold off doing more groups here until the one that has active members from the last hunt is completed? If you look at the numbers posted by Philip above it makes sense at 0.125 to allow us to actually be compete with a fair size of hashrate and a decent amount of time @ 0.015 X is only 0.15 BTC renting with this amount won't give you long or much of a chance.
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┏━━━━━━━━━━━━━━━━━┓ ┃ 𝔱𝔥𝔬𝔲 𝔰𝔥𝔞𝔩𝔱 𝔴𝔬𝔯ⱪ 𝔣𝔬𝔯 𝔶𝔬𝔲𝔯 𝔟𝔞𝔤𝔰 ┃ ┃ ➤21/M ┃ ┃ ███▓▓ ███▓▓ ███▓▓ ███▓▓┃
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philipma1957
Legendary
Offline
Activity: 4340
Merit: 9028
'The right to privacy matters'
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January 10, 2020, 03:30:22 PM |
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Okay 0.015 + 0.125 =
0.140/2 = 0.070
may work
For a lot of people .125 is too much. I only did it once myself and won't be doing it again anytime soon
there may be a middle ground number especially if you can rent from a guy directly.
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chillfactr
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January 10, 2020, 03:46:45 PM |
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I now think that gambling that much btc, is not the right thing to do ~ 0.15btc.
This should be a small gamble, but with a chance to win big.
lets say 0.015 btc, is the perfect amount to gamble. And we can do it once or twice a month.
i did group solo mining a lot in the past, we even found a block.
Put your name down, and lets see if we can get 10 players now, and if we hit a block, each will get ~1.2 btc, and a tip to ck .25 btc
Do not send any coins, lets just see if theres gonna be enough people.
1. ailikun 0.015 btc 2. chillfactr. .015 BTC 3. 4. 5. 6. 7. 8. 9. 10.
Count me in on this one
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Wire Overload
Jr. Member
Offline
Activity: 57
Merit: 2
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January 10, 2020, 05:42:45 PM |
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I now think that gambling that much btc, is not the right thing to do ~ 0.15btc.
This should be a small gamble, but with a chance to win big.
lets say 0.015 btc, is the perfect amount to gamble. And we can do it once or twice a month.
i did group solo mining a lot in the past, we even found a block.
Put your name down, and lets see if we can get 10 players now, and if we hit a block, each will get ~1.2 btc, and a tip to ck .25 btc
Do not send any coins, lets just see if theres gonna be enough people.
1. ailikun 0.015 btc 2. chillfactr. .015 BTC 3. Wire Overload 0.015 BTC 4. 5. 6. 7. 8. 9. 10.
Count me in on this one That sound good I also think that's a better way. ( Would be good if i don't have to pay before Tuesday... but it's Final!) Where you like to rent ailikun? Greetings
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jimjam123
Member
Offline
Activity: 456
Merit: 16
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January 10, 2020, 06:32:36 PM |
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I now think that gambling that much btc, is not the right thing to do ~ 0.15btc.
This should be a small gamble, but with a chance to win big.
lets say 0.015 btc, is the perfect amount to gamble. And we can do it once or twice a month.
i did group solo mining a lot in the past, we even found a block.
Put your name down, and lets see if we can get 10 players now, and if we hit a block, each will get ~1.2 btc, and a tip to ck .25 btc
Do not send any coins, lets just see if theres gonna be enough people.
1. ailikun 0.015 btc 2. chillfactr. .015 BTC 3. Wire Overload 0.015 BTC 4. Jimjam123 0.015 BTC 5. 6. 7. 8. 9. 10.
Count me in on this one That sound good I also think that's a better way. ( Would be good if i don't have to pay before Tuesday... but it's Final!) Where you like to rent ailikun? Greetings Im in as well
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hiaxis
Jr. Member
Offline
Activity: 98
Merit: 5
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January 10, 2020, 06:36:16 PM |
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I now think that gambling that much btc, is not the right thing to do ~ 0.15btc.
This should be a small gamble, but with a chance to win big.
lets say 0.015 btc, is the perfect amount to gamble. And we can do it once or twice a month.
i did group solo mining a lot in the past, we even found a block.
Put your name down, and lets see if we can get 10 players now, and if we hit a block, each will get ~1.2 btc, and a tip to ck .25 btc
Do not send any coins, lets just see if theres gonna be enough people.
1. ailikun 0.015 btc 2. chillfactr. .015 BTC 3. Wire Overload 0.015 BTC 4. Jimjam123 0.015 BTC 5. hiaxis 0.015 BTC 6. 7. 8. 9. 10.
Count me in on this one That sound good I also think that's a better way. ( Would be good if i don't have to pay before Tuesday... but it's Final!) Where you like to rent ailikun? Greetings Im in as well I still want to participate in the other rental but action is action haha
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