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Author Topic: YouTube Video: Bitcoin Mining: Three Months Later  (Read 4574 times)
darvil
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May 15, 2011, 04:58:44 AM
 #21

Hey casascius

You mentioned you still solo right?  How much are you still able to make.  Are you close to the point where you will join a pool?

I have about 3.5k mhash and I'm in a pool right now.  Was wondering how viable it would be to solo.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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May 15, 2011, 06:32:42 AM
 #22

Hey casascius

You mentioned you still solo right?  How much are you still able to make.  Are you close to the point where you will join a pool?

I have about 3.5k mhash and I'm in a pool right now.  Was wondering how viable it would be to solo.
I will probably never join a pool.  The difference is insignificant for me.  My miners just got a block within the last hour.  It's less frequent, but I still get blocks perhaps slightly better than every other day it seems.  Difficulty calculator says I should get a block every 31 hours at current difficulty (157426).

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
darvil
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May 15, 2011, 08:17:20 AM
 #23

How many Mhashes do you have?  Was it 8K? I think I remember that from the video.

Do you just let them solo all together? nothing fancy right?

Although at my rate I don't think I can actually solo effectively.

I'd be in the 60+ hours compared to you.. if what you have is 8K
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May 15, 2011, 08:30:36 AM
 #24

Hey casascius

You mentioned you still solo right?  How much are you still able to make.  Are you close to the point where you will join a pool?

I have about 3.5k mhash and I'm in a pool right now.  Was wondering how viable it would be to solo.
I will probably never join a pool.  The difference is insignificant for me.  My miners just got a block within the last hour.  It's less frequent, but I still get blocks perhaps slightly better than every other day it seems.  Difficulty calculator says I should get a block every 31 hours at current difficulty (157426).

Where do you get the current difficulties? also I am going to start up a farm already have 3 5870's! Gonna get a nice farm up and going but tbh I realize if I spend money on a farm I can sell the cards and come out even if it doesn't work out because its not like once you buy the hardware it becomes worthless :3 Thinking of getting a cheap p4 and a cheap p45 board and sticking 2 5970's in it!

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May 15, 2011, 09:51:35 AM
 #25

If those rigs standing in your kitchen... Where the hell are u preparing your meals?

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May 15, 2011, 11:47:43 PM
 #26

hey i was just wondering what MoBo and CPU are you using in your rigs?
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May 16, 2011, 01:24:35 AM
 #27

MtGox is operated from Japan.

isn't it ironic that the biggest exchange of a crypto commodity that's created basically by massive electricity consumption is operated from a country plagued by the biggest nuclear meltdown in a power-plant known to mankind so far.

btw i liked your video : )

You can't build a reputation on what you are going to do.
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May 16, 2011, 01:28:15 AM
 #28

If those rigs standing in your kitchen... Where the hell are u preparing your meals?

I wonder the same thing...

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May 16, 2011, 01:30:10 AM
 #29

I think he can now afford to dine at the restaurant  Grin 
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May 16, 2011, 05:13:02 PM
 #30

I think he can now afford to dine at the restaurant  Grin 

Best reply ever LOL !
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