[∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved!

[-ck]

...There was absurdly good luck for a period before that... and it will happen again.

Can you give us a raw estimate what that will be in % luck (lets say for the last 10/25/50 blocks)?  

Don't have that much data, so no sorry.

[flikflak]

No worries. I'm gona put a shrimp on the barbie - mabye that helps 

[bctmke]

Think its time I put a little more hash here!

I'd like to make it 172!

[thedreamer]

Let's compare Best shares while we're bored waiting to solve a block.

15.3B...

next?

[madmartyk]

Let's compare Best shares while we're bored waiting to solve a block.

15.3B...

next?

13.9B

[Sierra8561]

S5, 434m

[thedreamer]

My last solve was 270B.
Pool's running slow now. Lol.

[hodedowe]

My last solve was 270B.
Pool's running slow now. Lol.

Pool fee went up, hash rate went down, difficulty went up. It's all numbers. It'll happen again, it'll just take a bit longer.

[jmumich]

My last solve was 270B.
Pool's running slow now. Lol.

Pool fee went up, hash rate went down, difficulty went up. It's all numbers. It'll happen again, it'll just take a bit longer.

I doubt it's much more than bad luck - just a rough calculation but I think it would take this long to see a block every 1 in 20 blocks or so. So bad luck, but not extraordinarily bad.

But it makes it a little less fun, unfortunately - we were a bit spoiled a few weeks ago after a string of good luck - even those of us that didn't find a block, it's still fun to have a small rental going and see the Solo CK Pool pop up.

[ailikun]

Lets make a flashmob .
Let us all rent 100th each, on friday at 12pm CT(Central time) for 3 hours.
What do you think guys?

[Mikestang]

Once the network diff jacked up over like 80G people really got turned off (no pun) from solo mining and stopped.  There's not nearly as many active solo miners as there was just a while ago.  I think the halving could change all of this, but we shall see...

In the mean time, where I live electricity cost means there will never be ROI, so I mostly solo mine just for the chance, however slim, of solving that elusive solo block.

[bctmke]

Once the network diff jacked up over like 80G people really got turned off (no pun) from solo mining and stopped.  There's not nearly as many active solo miners as there was just a while ago.  I think the halving could change all of this, but we shall see...

In the mean time, where I live electricity cost means there will never be ROI, so I mostly solo mine just for the chance, however slim, of solving that elusive solo block.

I expect to see the network hash rate drop a bunch at the halving.  So many miners will not be able to make money for folks.  So a diff drop.  It'll normalize again.

[bctmke]

Oh and to add to the comparison

"bestever": 19859897518

[hedgy73]

I've stopped home mining completely now and have sold my equipment, just rent some hash to solo mine here when I have some spare money but even that's getting hard to justify.

[vg54dett]

I am mining since a year with pools and I'm considering trying solo.
So I have a newbie question:
if you want to use few devices at solo mining , what is the best strategy ? all devices to the same address with workers name ? or each device working on a different address ?
 Another newbie question : is there a strategy in rebooting devices some times with solo mining ? or instead should we try to manage to avoid reboot or power cuts ?

sorry if this has been already asked, and thanks for any help !

[citronick]

I am mining since a year with pools and I'm considering trying solo.
So I have a newbie question:
if you want to use few devices at solo mining , what is the best strategy ? all devices to the same address with workers name ? or each device working on a different address ?
 Another newbie question : is there a strategy in rebooting devices some times with solo mining ? or instead should we try to manage to avoid reboot or power cuts ?

sorry if this has been already asked, and thanks for any help !

Half a year ago, I was in your situation.

I have tried all of the scenarios you mentioned above.

Yes, I have invested (gambled) many BTCs on solo mining and even at one time got half of my s7 farm to point to ckpool instead of full time at kano.is

Conclusion: No difference. As CK once said, it's all random luck, big TH rental or small miners, anything can happen!

I hit a solo block here in January this year - how did I got that? By accident!

I was doing some maintenance on 4 of my S7s and had to poweroff them that day.

The next morning, I let them run and decided to get them warmed up to ckpool just for heck of it.

All looked OK, and I was about to point them back to main pool at kano.is, then this Fedex guy came to deliver a package for me so I was delayed for a few minutes.

By the time I came back to my desktop.... I saw CK's email on block announcement and the rest is history.

[Mikestang]

if you want to use few devices at solo mining , what is the best strategy ? all devices to the same address with workers name ? or each device working on a different address ?

It doesn't have any effect on your chance of solving a block, only a matter of how you personally keep track of stuff.

is there a strategy in rebooting devices some times with solo mining ? or instead should we try to manage to avoid reboot or power cuts ?

The only way you can solve a block is if you are hashing.  Any time your machine is not hashing, e.g. when it is rebooting, you have 0 chance, so that should be self-explanatory.

[-ck]

Once the network diff jacked up over like 80G people really got turned off (no pun) from solo mining and stopped.  There's not nearly as many active solo miners as there was just a while ago.  I think the halving could change all of this, but we shall see...

That's not really true about people getting turned off. The average hashrate on solo pool has continued to climb consistently. The only thing really is that diff exploded for a while there proportionately more than hashrate and predicting a loss in my revenue with that diff rise, along with having invested in more infrastructure at the same time I had no choice but to increase fees. If I hadn't, this would have become a non-profit venture, only making profit from donations. That would have made it hardly worth the effort I put into code and pool maintenance.

Anyway I can't see people stopping mining solo and as they fall off the profit curve, more people are throwing their straggling hardware here. The proportion that rent I cannot predict and to be honest more people rent than I ever expected would.

Mine on.

[citronick]

Mining on - it is, CK!

Mega 11 blocks at kano yesterday, and I have some spare coins.

By the order of Queen Juvia the Great.... I hereby sacrifice 111TH for 24 hours at ckpool.

I was tempted to do a 1111TH but Juvia say no need.... it's are pure random luck... where did I hear that before? hmmm...

[jmumich]

That's not really true about people getting turned off. The average hashrate on solo pool has continued to climb consistently. The only thing really is that diff exploded for a while there proportionately more than hashrate and predicting a loss in my revenue with that diff rise, along with having invested in more infrastructure at the same time I had no choice but to increase fees. If I hadn't, this would have become a non-profit venture, only making profit from donations. That would have made it hardly worth the effort I put into code and pool maintenance.

Anyway I can't see people stopping mining solo and as they fall off the profit curve, more people are throwing their straggling hardware here. The proportion that rent I cannot predict and to be honest more people rent than I ever expected would.

Mine on.

No worries on the fee, especially since you were kind enough to open-source the code so anyone can mine solo without it, if they were so inclined. I'm not too surprised by the rentals... they're like raffle tickets. 50/50 raffles sell like hotcakes - this is a 99/1 raffle.