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

[Mikestang]

You guys are silly, y'all sure read a lot into my post.  Thanks for all the love, I had no idea I had so many followers.

some bs

Stalker much?  Work on your reading comprehension.

[ComputerGenie]

@Mike, you've just went into the realm of plain stupid and the perverse irony how how wrong you now are isn't worth me even continuing (try some reading comprehension of your own and realize that I just followed what was posted here, there's zero "stalker" in that).

Good day to you, sir.

[apederzoli]

Ok. So I have a question, thanks in advance for whoever replies and sorry in advance if it annoys anyone.
When solo mining, if I want to spend some coin on a 5 ph rental, that would give me a probability of hitting a block in 48 hours correct? By sending around 213 b shares. in case that I "start from zero"
If I have already mined for some time and have lets say submitted 100 b shares already and then do the rental are my chances better since I have already a submitted some shares or it doesn't make any difference?
Or if a connect a new miner will it skip all the shares that have already been submitted ( that we already know won't solve a block) or will it start over again and maybe submit shares that have already been submitted?
Hope I was clear enough!
Thanks

[hodedowe]

Ok. So I have a question, thanks in advance for whoever replies and sorry in advance if it annoys anyone.
When solo mining, if I want to spend some coin on a 5 ph rental, that would give me a probability of hitting a block in 48 hours correct? By sending around 213 b shares. in case that I "start from zero"
If I have already mined for some time and have lets say submitted 100 b shares already and then do the rental are my chances better since I have already a submitted some shares or it doesn't make any difference?
Or if a connect a new miner will it skip all the shares that have already been submitted ( that we already know won't solve a block) or will it start over again and maybe submit shares that have already been submitted?
Hope I was clear enough!
Thanks

No, Apederzoli, it doesn't work like that. You can submit 293449829843499494488 billion shares and each one has just as much chance as the previous one of hitting a block. You could hit it on the first share. It doesn't matter.

Think of it as a scratch off lotto ticket. You can sit and scratch 100 tickets, but that doesn't make you any closer to hitting a winner. You could scratch one and win. That's why so many people still run 30mh USB miners. They have very little hash so shared mining is worthless to them, but they could hit that one "solo" ticket and win big. So they still try.

Several 5PH rentals have hit a block. Several more haven't. Your luck is just that, luck. You're only improving your chances by renting a bunch of hash at once.

[apederzoli]

Ok. So I have a question, thanks in advance for whoever replies and sorry in advance if it annoys anyone.
When solo mining, if I want to spend some coin on a 5 ph rental, that would give me a probability of hitting a block in 48 hours correct? By sending around 213 b shares. in case that I "start from zero"
If I have already mined for some time and have lets say submitted 100 b shares already and then do the rental are my chances better since I have already a submitted some shares or it doesn't make any difference?
Or if a connect a new miner will it skip all the shares that have already been submitted ( that we already know won't solve a block) or will it start over again and maybe submit shares that have already been submitted?
Hope I was clear enough!
Thanks

No, Apederzoli, it doesn't work like that. You can submit 293449829843499494488 billion shares and each one has just as much chance as the previous one of hitting a block. You could hit it on the first share. It doesn't matter.

Think of it as a scratch off lotto ticket. You can sit and scratch 100 tickets, but that doesn't make you any closer to hitting a winner. You could scratch one and win. That's why so many people still run 30mh USB miners. They have very little hash so shared mining is worthless to them, but they could hit that one "solo" ticket and win big. So they still try.

Several 5PH rentals have hit a block. Several more haven't. Your luck is just that, luck. You're only improving your chances by renting a bunch of hash at once.

Thanks for the reply.
In that case, what does the best share means?
If all shares have the same probability of solving the block why is there a best one ?

[ComputerGenie]

When solo mining, if I want to spend some coin on a 5 ph rental, that would give me a probability of hitting a block in 48 hours correct? By sending around 213 b shares. in case that I "start from zero"

Every given hashrate has an on average range/time-frame to find a block. Luck (good or bad) determines if that average is based on 5 shares or 5 years of shares.

Solo becomes a gamble because all of the following equal 1 block every 48 hours* (on average):

• mine for 48 hours and find just 1 block on hour 48
• mine for 48 hours and find just 1 block on hour 1
• mine for 48 days and find 24 blocks on day 48 (and 0 blocks any other day)
• mine for 48 years and find a block every other hour during years 47 and 48 (and 0 blocks any other year)

*numbers likely off but true enough to make valid point

[ComputerGenie]

In that case, what does the best share means?
If all shares have the same probability of solving the block why is there a best one ?

Best shares is just to let you know how close you've ever come.
If the network diff is 100billion and your best share is 1 billion then you get to know you've managed to have 1 share that was 1% of the way to solving a block. Knowing best share is both a blessing and a curse.

[hodedowe]

Ok. So I have a question, thanks in advance for whoever replies and sorry in advance if it annoys anyone.
When solo mining, if I want to spend some coin on a 5 ph rental, that would give me a probability of hitting a block in 48 hours correct? By sending around 213 b shares. in case that I "start from zero"
If I have already mined for some time and have lets say submitted 100 b shares already and then do the rental are my chances better since I have already a submitted some shares or it doesn't make any difference?
Or if a connect a new miner will it skip all the shares that have already been submitted ( that we already know won't solve a block) or will it start over again and maybe submit shares that have already been submitted?
Hope I was clear enough!
Thanks

No, Apederzoli, it doesn't work like that. You can submit 293449829843499494488 billion shares and each one has just as much chance as the previous one of hitting a block. You could hit it on the first share. It doesn't matter.

Think of it as a scratch off lotto ticket. You can sit and scratch 100 tickets, but that doesn't make you any closer to hitting a winner. You could scratch one and win. That's why so many people still run 30mh USB miners. They have very little hash so shared mining is worthless to them, but they could hit that one "solo" ticket and win big. So they still try.

Several 5PH rentals have hit a block. Several more haven't. Your luck is just that, luck. You're only improving your chances by renting a bunch of hash at once.

Thanks for the reply.
In that case, what does the best share means?
If all shares have the same probability of solving the block why is there a best one ?

Like ComputerGenie said, Best Share is just for fun. You can look at it and say "Dang, I missed it by that much!"

[apederzoli]

Got it.
Thanks all for the replies

[apederzoli]

Last question.
If I rent lets say 5 ph and mine on a pool.
If I find a block, does that mean that if I was mining solo would i have solved that block too or the fact that I was pool mining made it easier for me to solve the block?
When mining on pool, the advantage is that there are more miners trying to solve a block on their own or do all the miners in the pool work as one?

[hodedowe]

If I find a block, does that mean that if I was mining solo would i have solved that block too or the fact that I was pool mining made it easier for me to solve the block?

Nope, the pool sends you special code that goes into every share. You just got lucky with your miner's code plus that special code only available at that pool and you solved a block, which you now share with everyone else on the pool.

When mining on pool, the advantage is that there are more miners trying to solve a block on their own or do all the miners in the pool work as one?

Yes and yes. All miners work as one as far as the block is concerned. And there are more miners working toward that goal, each as a "hive mind". That's oversimplified, but that's the gist of it.

[ComputerGenie]

Last question.
If I rent lets say 5 ph and mine on a pool.
If I find a block, does that mean that if I was mining solo would i have solved that block too

Possibly you could have solved a block , but possibly not given that every given hash is random.

or the fact that I was pool mining made it easier for me to solve the block?

Nothing makes solving "easier" except lower network difficulty.

When mining on pool, the advantage is that there are more miners trying to solve a block on their own or do all the miners in the pool work as one?  

Each miner in a pool essentially works on their own, with the agreement that if/when they find a block, then that block belongs to everyone in the pool (and the pool owner).

[liveflipcoin]

You guys are silly, y'all sure read a lot into my post.  Thanks for all the love, I had no idea I had so many followers.

some bs

Stalker much?  Work on your reading comprehension.

You really like to put yourself high on the pedestal eh? You're just a noob in this bitcoin world, stop acting like you know what you're talking about just because of your "hero" status. YOU'RE A NOOB

[ComputerGenie]

@liveflipcoin ,
It might have made sense if he called you the "stalker"

[-ck]

Calm down guys, do I have to start deleting posts?

[ComputerGenie]

Calm down guys, do I have to start deleting posts?

All in fun here...

[CryptoBuddha]

Calm down guys, do I have to start deleting posts?

I think yes. Even if you delete my post i won't get offended if it makes the thread cleaner.

[ComputerGenie]

... if it makes the thread cleaner.

Imo, anyone that makes it to page 307 just wants to read. 

[Shiroslullaby]

Question for the people pointing rentals at this pool-
who are you renting from?
With all the scams these days, I wouldn't trust a rental company without some good recommendations.

[citronick]

Question for the people pointing rentals at this pool-
who are you renting from?
With all the scams these days, I wouldn't trust a rental company without some good recommendations.

there is only 2 providers with "good" track record

Nicehash

and

MRR - Mining Rigs Rentals