Author

Topic: 1Ths/ enough to start own pool? (Read 1404 times)

legendary
Activity: 1456
Merit: 1000
December 01, 2014, 09:57:55 AM
#5
Hmm, that is true, well I guess I could try it for 24 hours or maybe 48. Although if I mine in my own pool, and I reach a block and get it. Say if the block is worth 25Btc, does that mean I get the whole 25Btc because its not being shared in a pool?


Its not something you can really test in 24-48 hours.    You would run it for years and most likely never hit it.  If you did yes you would get 25 BTC.   But with 1TH it is very very small chance.
sr. member
Activity: 381
Merit: 250
December 01, 2014, 09:51:51 AM
#4
Hmm, that is true, well I guess I could try it for 24 hours or maybe 48. Although if I mine in my own pool, and I reach a block and get it. Say if the block is worth 25Btc, does that mean I get the whole 25Btc because its not being shared in a pool?


Notlist3d said the same thing I know, but it's true: It's like playing lottery and it's much more expensive than buying a ticket. Also lottery gives better odds  Grin

You can read from here, it's the same question and some answers: http://bitcoin.stackexchange.com/questions/16687/solo-mining-just-for-luck-realistic
newbie
Activity: 38
Merit: 0
December 01, 2014, 09:43:57 AM
#3
Hmm, that is true, well I guess I could try it for 24 hours or maybe 48. Although if I mine in my own pool, and I reach a block and get it. Say if the block is worth 25Btc, does that mean I get the whole 25Btc because its not being shared in a pool?
legendary
Activity: 1456
Merit: 1000
December 01, 2014, 09:39:55 AM
#2
It would be like playing the lotto.   ITH is nothing compared to big pools.    They have a LOT of power behind them.  If you look at pools on here you will see how powerful some are.
newbie
Activity: 38
Merit: 0
December 01, 2014, 09:08:21 AM
#1
Hi, I recently bought a 1Th/s miner, and I had a pool setup earlier, although I only ran it with 0.5Gh/s which clearly isn't enough for my own pool, so I was curious if 1Th/s would be enough?
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