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Author Topic: [∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved!  (Read 1514118 times)
-ck (OP)
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November 18, 2015, 10:21:27 PM
 #3781

Code:
[2015-11-18 21:54:21.800] Possible block solve diff 378113629476.449463 !
[2015-11-18 21:54:22.148] BLOCK ACCEPTED!
[2015-11-18 21:54:22.150] Solved and confirmed block 384213 by 1G9Y29V8zQ1i62c2ugg4xM566NLTmEabJn

https://www.blocktrail.com/BTC/block/000000000000000002e8685c5699bb85f8836e1f0a0792cd25c641975e40cc4c

Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
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Lahvacekmoney
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November 18, 2015, 11:11:10 PM
 #3782

Will i hit a block with 100 TH/s rented from nicehash within 1 day?
philipma1957
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November 18, 2015, 11:14:13 PM
 #3783

Will i hit a block with 100 TH/s rented from nicehash within 1 day?

yes you will.  or no you won't

asking the question gets you that answer.


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Lahvacekmoney
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November 18, 2015, 11:19:18 PM
 #3784

Will i hit a block with 100 TH/s rented from nicehash within 1 day?

yes you will.  or no you won't

asking the question gets you that answer.



I think i will need 1000 TH/s ( 1 PH ??) to find a block in one day?
madmartyk
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November 18, 2015, 11:19:47 PM
 #3785

Will i hit a block with 100 TH/s rented from nicehash within 1 day?

yes you will.  or no you won't

asking the question gets you that answer.



I think i will need 1000 TH/s ( 1 PH ??) to find a block in one day?

Or More!!

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November 18, 2015, 11:24:27 PM
 #3786

Will i hit a block with 100 TH/s rented from nicehash within 1 day?

yes you will.  or no you won't

asking the question gets you that answer.



I think i will need 1000 TH/s ( 1 PH ??) to find a block in one day?

Or More!!

Yes it's depending on the luck Cheesy
-ck (OP)
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November 18, 2015, 11:29:51 PM
 #3787

You will currently find a block on average every 66 billion shares you mine due to the current network diff being about 66 billion. That's about 3.3PH for 24 hours.
However since it is an average, there is no guarantee you will find a block, and a 37% chance you won't find a block.
In other words if you rent 3.3PH for 24 hours you have a 63% chance of finding one or more blocks.

Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
2% Fee Solo mining at solo.ckpool.org
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Lahvacekmoney
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November 18, 2015, 11:31:59 PM
 #3788

You will currently find a block on average every 66 billion shares you mine due to the current network diff being about 66 billion. That's about 3.3PH for 24 hours.
However since it is an average, there is no guarantee you will find a block, and a 37% chance you won't find a block.
In other words if you rent 3.3PH for 24 hours you have a 63% chance of finding one or more blocks.


Maybe i will rent few miners on Nicehash/mining rig rentals and start "gambling" my money Cheesy joke  Cool
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November 19, 2015, 12:15:23 AM
 #3789

Seems like renting enough hashpower to make a near 100% chance of finding a block costs about 25 BTC - the cost of a block reward. Or at least it should level off at this price in a free market.
-ck (OP)
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November 19, 2015, 12:19:41 AM
 #3790


Maybe i will rent few miners on Nicehash/mining rig rentals and start "gambling" my money Cheesy

That's pretty much where the bulk of the petahash sized miners have come from on this pool.

Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
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kano
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November 19, 2015, 12:45:46 AM
 #3791

Seems like renting enough hashpower to make a near 100% chance of finding a block costs about 25 BTC - the cost of a block reward. Or at least it should level off at this price in a free market.
Using the CDF values for block finding you can see the probabilities.
Code:
 0.63212055882856  100.000%  1 in 2.7
So since mining with 25BTC should get close to submitting 100% Diff shares, you expect to average 38.8% of the time taking longer than 100% ... if you mined hundreds or thousands of blocks Smiley

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
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November 19, 2015, 02:06:49 AM
 #3792

You will currently find a block on average every 66 billion shares you mine due to the current network diff being about 66 billion. That's about 3.3PH for 24 hours.
However since it is an average, there is no guarantee you will find a block, and a 37% chance you won't find a block.
In other words if you rent 3.3PH for 24 hours you have a 63% chance of finding one or more blocks.


Well I'm up to 54,003,018,791 so I hope I'm not a 37% er Tongue
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November 19, 2015, 02:25:35 AM
Last edit: November 19, 2015, 02:32:12 AM by -ck
 #3793

Quote

Maybe i will rent few miners on Nicehash/mining rig rentals and start "gambling" my money Cheesy joke  Cool


I've lost just over $150 on playing the solo game and I am not done Smiley it's much more entertaining than the gambling sites.


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madmartyk
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November 19, 2015, 02:38:18 AM
 #3794

Quote

Maybe i will rent few miners on Nicehash/mining rig rentals and start "gambling" my money Cheesy joke  Cool


I've lost just over $150 on playing the solo game and I am not done Smiley it's much more entertaining than the gambling sites.

I'm in for a bit more than that!!

willi9974
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November 19, 2015, 06:36:17 AM
 #3795

I start a groun by at the moment in the German section

https://bitcointalk.org/index.php?topic=1253410.0

Feel free to join us...

Best Regards from Germany
Willi

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HerbPean
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November 19, 2015, 03:33:23 PM
 #3796

I start a groun by at the moment in the German section

https://bitcointalk.org/index.php?topic=1253410.0

Feel free to join us...

Best Regards from Germany
Willi

Finksy flagged this guy => Taking Pre-orders for vaporware. SCAM! AVOID!

I warned you ;-)
Lahvacekmoney
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November 19, 2015, 03:48:43 PM
 #3797

Quote

Maybe i will rent few miners on Nicehash/mining rig rentals and start "gambling" my money Cheesy joke  Cool


I've lost just over $150 on playing the solo game and I am not done Smiley it's much more entertaining than the gambling sites.

This is better than dice  Roll Eyes But still is the 50/50 to find a block.
madmartyk
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November 19, 2015, 04:08:51 PM
 #3798

Right now I have 200 TH running, best share a bit over 3B.  Keep hoping I can sneak in around the whales and score a block!!

willi9974
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November 19, 2015, 05:23:53 PM
 #3799

I start a groun by at the moment in the German section

https://bitcointalk.org/index.php?topic=1253410.0

Feel free to join us...

Best Regards from Germany
Willi

Finksy flagged this guy => Taking Pre-orders for vaporware. SCAM! AVOID!

I warned you ;-)

Sorry if i make a bad feeling to you, but i don't a SCAM!
If you don't wont join our BTC Lotto it is ok, but say nothing that is not real!

Best Regards
Willi

.
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Mikestang
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November 19, 2015, 05:31:12 PM
 #3800

This is better than dice  Roll Eyes But still is the 50/50 to find a block.

I don't think it's 50/50 to solve a block, unless you mean it the way Grumio from Plebs does: "It's fifty-fifty, either I win or I don't."

Tough to beat that logic.  Cheesy
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