Author

Topic: any idea how long to finbd a ETH block w/4x rx 580's (Read 655 times)

legendary
Activity: 1078
Merit: 1011
is looking like nanopool pays more so far? anyone know if ethermine gives you a sudden boost every now and then from a block or uncle block? am comparing what i was getting at nanopool and is looking like nano pays more however nanopool doesnt share transactions with miners and there no fees other then 0.8% and ethermine does so am wondering does that mean since ethermine u pay fees does that mean you get luck shares every now an then on top of your steady earn?

Nanopool and Ethermine are both good pools. My earlier post I was just suggesting a pool other than ETH pool, but nanopool is just as good so if you are already mining there don't sweat it. As far as the variation all pools have what is known as Luck or streaks where they might find more or less blocks per a given time period (say 1 day) than is average. So trying to compare two pools on short time-frame will not work. If you were to point equal hashrates at both pools for a month you would see the payouts would be nearly identical. The fees and what they pay on may vary, but they usually offset enough that in the end the profit is the same.
full member
Activity: 203
Merit: 100
is looking like nanopool pays more so far? anyone know if ethermine gives you a sudden boost every now and then from a block or uncle block? am comparing what i was getting at nanopool and is looking like nano pays more however nanopool doesnt share transactions with miners and there no fees other then 0.8% and ethermine does so am wondering does that mean since ethermine u pay fees does that mean you get luck shares every now an then on top of your steady earn?
legendary
Activity: 1078
Merit: 1011
thank you couple people on another thread i thought directed me to ethpool where is solo.. glad i didnt make that mistake

Go to a pool such as https://ethermine.org/ which is run by the same people who run Ethpool.

Eth pool was good as it somewhat mimicked solomining, but was a bit more predictable in the payouts. With the difficulty so high, you will need sizeable hash-rate (on the order of 10's of Gigahash or a couple hundred GPUs) to get timely payouts. With only 124 Mhash/sec it would take you quite some time to earn enough credit for a block.

Ethermine on the other hand operates more as a typical pool and you can cash out your earnings much sooner. I believe they now allow payouts as low as 0.05 ETH, but you will incur a 0.001 ETH withdrawal fee if your payment is under 1 ETH. In any case, you will still be better off here than trying to earn enough credit for a full block payout at Ethpool.

Just as a FYI, don't look for 124 Mhash to make your rich anytime soon, as current whattomine calculations show you would earn roughly 0.022 ETH per day (not counting mining fees or pool fees which would make it slightly less) and it would take roughly 45 days to earn 1 whole Ethereum.
full member
Activity: 203
Merit: 100
thank you couple people on another thread i thought directed me to ethpool where is solo.. glad i didnt make that mistake
newbie
Activity: 131
Merit: 0
"whattomine dot com" just insert the number of cards you got, you're much better off with a PPLNS pool and not a zero variance solo mining as someone above suggested i think if you don't have many cards at the moment.

S.

Except a PPLNS pool isn't solo mining. Thpool makes it much more predicatable when you will receive a full bloack payout rather than just blindly solo mining ETH on your own with 124 MH/s

Indeed, I just tried to point him to something more suitable for a low hashrate these days.

S.
hero member
Activity: 1036
Merit: 606
"whattomine dot com" just insert the number of cards you got, you're much better off with a PPLNS pool and not a zero variance solo mining as someone above suggested i think if you don't have many cards at the moment.

S.


Except a PPLNS pool isn't solo mining. Ethpool makes it much more predictable as to when when you will receive a full block payout, rather than just blindly solo mining ETH on your own with 124 MH/s.
newbie
Activity: 131
Merit: 0
"whattomine dot com" just insert the number of cards you got, you're much better off with a PPLNS pool and not a zero variance solo mining as someone above suggested i think if you don't have many cards at the moment.

S.
sr. member
Activity: 736
Merit: 262
Me, Myself & I
You can find it today. You can never find it (switches to POS in the meantime). You get the idea.
hero member
Activity: 1036
Merit: 606
Don't waste your time. With 124 MH/s, at the CURRENT difficulty it would take on average 208 days 24/7 solo mining to find a block. In reality it will probably take much longer since the difficulty almost always gets higher.

Quote
Days to generate one block mining solo: 208.91 Day(s) (can vary greatly depending on your luck)

https://www.coinwarz.com/calculators/ethereum-mining-calculator/?h=124&p=600.00&pc=0.10&pf=0.00&d=2238153763344810&r=5.00000000&er=0.07067294&btcer=4535.22710000&hc=0.00

You get the full block reward when you solve a block solo mining. If you want to solo mine ETH, you're better off using a pool like ethpool, where you accumulate credits towards receiving a full block payout once you reach the top of the list which will take many months with 124 MH/s.
full member
Activity: 203
Merit: 100
anyone know on average with ether would it take to find a block with 124mh ?
also when i find the block do i get the entire 5blocks reward so 5 ether once found solo?
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