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Topic: 400MH/s, worth solo mining? (Read 1595 times)

newbie
Activity: 2
Merit: 0
April 02, 2013, 08:48:45 PM
#6
I have been using a pool and have been getting reasonable rewards in btc/nmc.

My question is, does it make sense to try and do solo mining?

http://www.alloscomp.com/bitcoin/calculator is I think how you calculate that. 400mega hash is 0.91 bitcoins a month so I guess that means 25 months before you will get a block?
sr. member
Activity: 383
Merit: 250
April 02, 2013, 08:20:03 PM
#5
Sorry for hi-jacking but what if you have 400MH/s and solo mine litecoin?

http://www.litecoinpool.org/calc?hashrate=400&difficulty=100.54392252

just be aware that "scrypt hashing speed is estimated to be 1000 times slower than SHA-256 speeds"
so 400 Mh/s for Bitcoin is ~400 Kh/s for litecoin...

http://dustcoin.com/mining
legendary
Activity: 1218
Merit: 1001
April 02, 2013, 07:53:54 PM
#4
Sorry for hi-jacking but what if you have 400MH/s and solo mine litecoin?
newbie
Activity: 5
Merit: 0
April 02, 2013, 05:53:52 PM
#3
Thanks, I kind off knew this but was not sure  Smiley.
donator
Activity: 1218
Merit: 1079
Gerald Davis
April 02, 2013, 05:50:09 PM
#2
No unless you just want to do some incredibly boring gambling.  It doesn't make sense at 4GH/s (probably not at 14 GH/s).  With 400 MH/s there is a very good chance you will give up before ever finding a block.  With 400 MH/s on average you will find one block every 28 months however that is just an average a particular block taking 400% isn't that uncommon.
newbie
Activity: 5
Merit: 0
April 02, 2013, 05:45:34 PM
#1
I have been using a pool and have been getting reasonable rewards in btc/nmc.

My question is, does it make sense to try and do solo mining?
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