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Topic: Bitcoin solo mining with cpu - page 2. (Read 4925 times)

newbie
Activity: 24
Merit: 0
April 14, 2015, 10:10:20 PM
#24
Let's put it this way - you are at 2.2 mh/s with your CPU and gobbling electricity.  You could buy a USB miner (block erupter) from eBay for $12 and do 335 mh/s (equivalent to having 152 of your computers hashing away!) and use WAY WAY less electricity doing it.  Your lottery ticket just got many many times multiplied!!  Still about a 0% chance overall, but with just the electricity you will save for that lottery ticket - you will thank me!  Smiley  Good luck!

 
legendary
Activity: 896
Merit: 1001
April 14, 2015, 09:10:14 AM
#23
IMHO OP is better off spending $1 per day or $30ish dollars pm on buying bitcoin and that's surely a much higher return overall.

Good idea.  It is better to buy $1 / day worth of btc or $5/ week instead of trying to mine with a cpu.
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
April 14, 2015, 07:16:36 AM
#22
IMHO OP is better off spending $1 per day or $30ish dollars pm on buying bitcoin and that's surely a much higher return overall.
full member
Activity: 234
Merit: 100
April 14, 2015, 07:03:31 AM
#21
no chance dude Smiley
hero member
Activity: 658
Merit: 500
April 14, 2015, 05:33:28 AM
#20
Are you sure you want to do Solo Mining? Why don't you just mining in a Pool? It will be more effective I think.

A cpu is too insignificant to mine anything in a pool. Better to gamble and mine solo.
But, which one will be more profitable? Pool or Solo?

Mining in a pool is a sure loss because of electricity cost. Mining solo is also losing money but has astronomically low chance to find a block of 25 btc
full member
Activity: 224
Merit: 100
April 14, 2015, 05:24:55 AM
#19
CPU? Better to mine altcoins rather than Bitcoin Cheesy
legendary
Activity: 2170
Merit: 1000
April 14, 2015, 05:19:17 AM
#18
hi there, i just want to know if there is a chance that i can find a block even my hashrate is 2231 khash/s?


Why not, think your chances of winning the lottery might be higher, but you've got to be in it to win it.



Hey! If you have 2 computers, you can double your hash! It's like having 2 lottery tickets!

2 times 0 (effective chance of 'winning') is still 0

But people still buy lottery tickets don't they? Funny isn't it, knowing that you've pretty much got no chance winning it, but you still have that one small glint in the distance. I guess people know that they can win big.

Anyways, I don't think at 2231kH/s, you'll be able to get any Bitcoin, both with pool and solo mining.
legendary
Activity: 896
Merit: 1001
April 13, 2015, 09:16:41 PM
#17
Sure there is a chance, much like there is a chance to win the lottery if you buy a ticket.. There is a chance but it is very small..

At 2231 khash/s it will take approximately 1040943295 days, 14 hours, 1 minute, 47 seconds at the current difficulty..

woah that's so many days,
i wonder how old i will be if i try to mine a block

That is on average.  You MAY find it on your first try or never.  That is the 'luck' that people refer to.
hero member
Activity: 490
Merit: 500
37iGtdUJc2xXTDkw5TQZJQX1Wb98gSLYVP
April 13, 2015, 09:09:13 PM
#16
Sure there is a chance, much like there is a chance to win the lottery if you buy a ticket.. There is a chance but it is very small..

At 2231 khash/s it will take approximately 1040943295 days, 14 hours, 1 minute, 47 seconds at the current difficulty..

woah that's so many days,
i wonder how old i will be if i try to mine a block
legendary
Activity: 896
Merit: 1001
April 13, 2015, 08:11:48 PM
#15
hi there, i just want to know if there is a chance that i can find a block even my hashrate is 2231 khash/s?


Yes, I would say there is a chance but it is extremely extremely small.

Listen to what -ck says, he is 100% correct and legit.
legendary
Activity: 1274
Merit: 1000
April 13, 2015, 07:02:56 PM
#14
hi there, i just want to know if there is a chance that i can find a block even my hashrate is 2231 khash/s?


Why not, think your chances of winning the lottery might be higher, but you've got to be in it to win it.



Hey! If you have 2 computers, you can double your hash! It's like having 2 lottery tickets!

2 times 0 (effective chance of 'winning') is still 0
jr. member
Activity: 56
Merit: 3
April 13, 2015, 05:19:42 PM
#13
hi there, i just want to know if there is a chance that i can find a block even my hashrate is 2231 khash/s?


Why not, think your chances of winning the lottery might be higher, but you've got to be in it to win it.



Hey! If you have 2 computers, you can double your hash! It's like having 2 lottery tickets!
hero member
Activity: 586
Merit: 500
April 13, 2015, 09:16:28 AM
#12
hi there, i just want to know if there is a chance that i can find a block even my hashrate is 2231 khash/s?


Why not, think your chances of winning the lottery might be higher, but you've got to be in it to win it.

legendary
Activity: 1218
Merit: 1003
April 13, 2015, 08:55:35 AM
#11
hi there, i just want to know if there is a chance that i can find a block even my hashrate is 2231 khash/s?

I had the same idea, I love the thought of the pop-up coming and saying that I have mined a block, but unfortunately it is near impossible.
I turned on the mining in Bitcoin-qt on my crappy old PC, left it for a few hours, then got sick of my PC running even more slowly than normal, so turned it off!

I doubt you have the patience to really give it a go, and if you do, you will still find nothing! so I guess I wouldn't recommend it!
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
April 13, 2015, 05:55:38 AM
#10
hi there, i just want to know if there is a chance that i can find a block even my hashrate is 2231 khash/s?


legendary
Activity: 3248
Merit: 1070
April 13, 2015, 05:35:43 AM
#9
don't waste your time with that abysmally low hashrate, it's pointless to mine with such power, buy bitcoin instead they have a fair price even for average joe now

or you can invest in some cloud(hashnest and bit-x, the rest are not that good)
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
April 13, 2015, 04:26:13 AM
#8
Are you sure you want to do Solo Mining? Why don't you just mining in a Pool? It will be more effective I think.

A cpu is too insignificant to mine anything in a pool. Better to gamble and mine solo.
But, which one will be more profitable? Pool or Solo?
Neither. Both will return zero. You'll never find a block solo, and no pool would ever pay out the one share you'd find every hour at that hashrate as the denomination would be too small to pay out even after a year.
hero member
Activity: 896
Merit: 527
₿₿₿₿₿₿₿
April 13, 2015, 04:25:48 AM
#7
Are you sure you want to do Solo Mining? Why don't you just mining in a Pool? It will be more effective I think.

A cpu is too insignificant to mine anything in a pool. Better to gamble and mine solo.
But, which one will be more profitable? Pool or Solo?
With his hash rate...

Solo = Gambling to win big
Pool = Extremely low earnings
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
April 13, 2015, 04:22:37 AM
#6
Are you sure you want to do Solo Mining? Why don't you just mining in a Pool? It will be more effective I think.

A cpu is too insignificant to mine anything in a pool. Better to gamble and mine solo.
But, which one will be more profitable? Pool or Solo?
hero member
Activity: 658
Merit: 500
April 13, 2015, 04:19:17 AM
#5
Are you sure you want to do Solo Mining? Why don't you just mining in a Pool? It will be more effective I think.

A cpu is too insignificant to mine anything in a pool. Better to gamble and mine solo.
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