Good luck !!
Topic: citb0in Solo-Mining Group - BLOCK SOLVERS (english) - page 6. (Read 4429 times)
run #011 has been launched. We are hashing with 2.5 PH/s for 28h and 12min ==> SoloCK Live-Feed
Good luck !!
Good luck !!
I would go with the 5 P, it is more competitive in a shorter amount of time. The overall difference will not be as great as before, between the 2.5 P and the 5 P if the 5 P can now be had for around 12 hours.
Edit: I saw the last update. Okay. Agreed. Anything over 24 hours now brings the advantage back to the 2.5 P.
Edit: I saw the last update. Okay. Agreed. Anything over 24 hours now brings the advantage back to the 2.5 P.
Price changed. The 2.5PH/s was cheaper. I will focus on that, because we can rent longer and benefit from this.
We go 2.5 PH/s for 27h 30min.
that's much better
We go 2.5 PH/s for 27h 30min.
that's much better
Is the 2.5 P more or less still around just under 25 hours? If it is, and it hasn't jumped well over the 25 hours, I would go with the 5 P for the 12 hours.
I'll wait until 06:30 PM for feedback. If no more contrary opinions flow in, I would launch #011 with 5 PH/s for approximately 12h. Stay tuned ...
EDIT:
a cheap rig with 5 PH/s has become available. This is priced almost exactly like the 2.5 PH/s we would have taken. The offer is good! So we could also run 5 PH/s and indeed now with this cheap rig it would be 5 PH/s for about 12h. What do you think? Do we go with 5 PH/s at the start after all? need some input guys. This is a good opportunity
EDIT:
a cheap rig with 5 PH/s has become available. This is priced almost exactly like the 2.5 PH/s we would have taken. The offer is good! So we could also run 5 PH/s and indeed now with this cheap rig it would be 5 PH/s for about 12h. What do you think? Do we go with 5 PH/s at the start after all? need some input guys. This is a good opportunity
Let's wait for some more feedback of the other participants for round #011 . . .
Definitely.
2.5 P for almost 25 hours surely is better than 5 P for 8 hours. Just going by the total number of "tries" it would get at it. Unless I am missing something.
Higher number of overall tries for the longer run should be better than a shorter run with a higher hashing power that then results in a much lower overall number of tries for that run. Again, unless I am missing something. I literally just got here.
I am arguing against my own 5 P vote now.
even though Willi's 20 P "go big or go home" is very hard to ignore.
Thanks for your feedback. So we're considering starting with 2.5 PH/s. Let's wait for some more feedback of the other participants for round #011 . . .
May as well start now knowing what the rate is.
I will bring my votes down to 2.5 PH/s as well.
I will bring my votes down to 2.5 PH/s as well.
Alright... It looks like someone really wants to activate run #011 don't mind and look forward to starting soon. According to the votes we will launch run #011 with 5 PH/s. Hopefully we also crack a block (or two? 
), that would be really awesome.
FYI: as I just see on the hash power marketplace, prices have gone up. With our pot 0.01 BTC we can run 5 PH/s for 8h. Or alternatively: We vote again together for the hash power for round #011 and if we decide to start with 2.5 PH/s, then the price would be much cheaper. Then we can run a total of 24hrs and 50min at 2.5 PH/s with the funds we have. Or we wait until cheaper rigs become available again, which allow us 5 PH/s at more favorable conditions. But currently there is no cheap rental option at 5 PH/s.
To all participants for run #011 --> do you want to start right away or should we start at a specific start time like today (13/Mar/2023) at 06PM UTC? And please give feedback for hashrate.
don't mind and look forward to starting soon. According to the votes we will launch run #011 with 5 PH/s. Hopefully we also crack a block (or two? ), that would be really awesome.FYI: as I just see on the hash power marketplace, prices have gone up. With our pot 0.01 BTC we can run 5 PH/s for 8h. Or alternatively: We vote again together for the hash power for round #011 and if we decide to start with 2.5 PH/s, then the price would be much cheaper. Then we can run a total of 24hrs and 50min at 2.5 PH/s with the funds we have. Or we wait until cheaper rigs become available again, which allow us 5 PH/s at more favorable conditions. But currently there is no cheap rental option at 5 PH/s.
To all participants for run #011 --> do you want to start right away or should we start at a specific start time like today (13/Mar/2023) at 06PM UTC? And please give feedback for hashrate.
Thank you.
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Name: 43.6T
My stakes, for run: 0.001 BTC each, slots 8, 9, 10 for #011
My TXID: 2e1c78fa3aaf11c2b7673ba5bd6a441a4cfff8977f9ca9cbde53e7d2ec5c4546
My payout address: bc1qa984hqgagyyw6cvesl60xmu3p398sl9wh5uy8w
My vote for hash rate: 5 P
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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: 43.6T
My stakes, for run: 0.001 BTC each, slots 8, 9, 10 for #011
My TXID: 2e1c78fa3aaf11c2b7673ba5bd6a441a4cfff8977f9ca9cbde53e7d2ec5c4546
My payout address: bc1qa984hqgagyyw6cvesl60xmu3p398sl9wh5uy8w
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Hi and thanks for participating. You were successfully registered for run #11
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: 43.6T
My stake, for run: 0.001 BTC, for #011
My TXID: 33da3ad43f5ad83143b46291b6237ce2397207424b7efbba4ac760ebd2ad1ee1
My payout address: bc1qa984hqgagyyw6cvesl60xmu3p398sl9wh5uy8w
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: 43.6T
My stake, for run: 0.001 BTC, for #011
My TXID: 33da3ad43f5ad83143b46291b6237ce2397207424b7efbba4ac760ebd2ad1ee1
My payout address: bc1qa984hqgagyyw6cvesl60xmu3p398sl9wh5uy8w
My vote for hash rate: 5 P
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Name: Forum Gholly
My stake, for runs: .001 BTC for #011
My TXID:831effa7076905847c002dc9016ec02ceb80bb3e5b733a6b38997fa4da52c3ff
My payout address: bc1q8z868rqv6f3h3gl94qsr58qhd2hhx75qhkmwgr
My vote for hash rate: 2 PH
I am having trouble getting this to post...
My stake, for runs: .001 BTC for #011
My TXID:831effa7076905847c002dc9016ec02ceb80bb3e5b733a6b38997fa4da52c3ff
My payout address: bc1q8z868rqv6f3h3gl94qsr58qhd2hhx75qhkmwgr
My vote for hash rate: 2 PH
I am having trouble getting this to post...
Run #10 just started at 2.5 PH/s for a run time of about 21.7h. Let's keep our fingers crossed that we find a block. Good luck Block Solvers !!!
As usual, all statistic updates in thread #2 under run #10
We got 1.13 T
come on, a little bit more .. c'mon
EDIT:
We achieved 1.13 T. If we had 43.05 T then the block would have been ours. Too bad, only little had been missing. Submitted total diff was 44.3 G. All stats posted as usual on page #2. Round #11 is next and there are plenty of free slots available, stake as usual only 0.001 BTC per slot. If the power runs #15 or #20 are filled before, they will of course start independently from the normal runs. Let's go solo miners ... let's finally mine the block and collect the reward
As usual, all statistic updates in thread #2 under run #10
We got 1.13 T
come on, a little bit more .. c'monEDIT:
We achieved 1.13 T. If we had 43.05 T then the block would have been ours. Too bad, only little had been missing. Submitted total diff was 44.3 G. All stats posted as usual on page #2. Round #11 is next and there are plenty of free slots available, stake as usual only 0.001 BTC per slot. If the power runs #15 or #20 are filled before, they will of course start independently from the normal runs. Let's go solo miners ... let's finally mine the block and collect the reward
Hello chrysophylax. Your stake has been gratefully received, I have just updated the list. There was still one slot free, I had overlooked it because I had a typo in the numbering of the number of participants but I have filled the remaining slot, so we are now complete for round #10 and can start soon.
I will prepare everything and start the run #10 with 2.5 PH/s soon.... Stay tuned
but I have filled the remaining slot, so we are now complete for round #10 and can start soon.I will prepare everything and start the run #10 with 2.5 PH/s soon.... Stay tuned
Great ...
I am curious to see how this all goes.
#crysx #cwi
Hello chrysophylax. Your stake has been gratefully received, I have just updated the list. There was still one slot free, I had overlooked it because I had a typo in the numbering of the number of participants but I have filled the remaining slot, so we are now complete for round #10 and can start soon.
I will prepare everything and start the run #10 with 2.5 PH/s soon.... Stay tuned
but I have filled the remaining slot, so we are now complete for round #10 and can start soon.I will prepare everything and start the run #10 with 2.5 PH/s soon.... Stay tuned
Hi Mate ...
I'm happy to fill those slots.
What do You need?
#crysx #cwi
I'm happy to fill those slots.
What do You need?
#crysx #cwi
Hi chrysophylax. Just check the thread #1, it's everything explained there
If you like to fill the 3 slots of run #10 then send 0.003 BTC to bc1qtyvxwhwctneje9zjvqkzvp6yqtnqc3xs0sf6vd with the filled template that contains your name, your stake, TXid, your payout address and your vote for the desired hash rate. Looking forward to your deposit and hopefully we could launch run #10 soon ... Sure ...
I will look at that this afternoon and organize it.
Thanks Mate!
#crysx #cwi
Is this Correct?
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My BCT Forum Name : chrysophylax
My Stake for Runs : 0.003BTC for #010 at 0.001BTC for Each Slot (8,9,10)
My TXID for Payment : bab3465959985606a9f8beb80869cac09fb16fd83d3af4bc33b5cb8b3db54dce
My PayOut Address : 1A9zUUcoghLwMRLvdhtaYuUZmq47W9fJQT
My Vote for HashRate : 3PetaHash
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
---
The BTC Address is a one of the Binance Exchange Addresses so it may change later. Just doing this as a test/play basis
... I more than likely will only want 3 positions in any of the Sessions I enter into. It is just for fun after all.Let Me know if all is well. I checked all the transaction details and they all check out. The Money is in the wallet right now.
https://btc.cryptoid.info/btc/address.dws?bc1qtyvxwhwctneje9zjvqkzvp6yqtnqc3xs0sf6vd.htm
https://btc.cryptoid.info/btc/tx.dws?811857420.htm
#crysx #cwi
Hi Mate ...
I'm happy to fill those slots.
What do You need?
#crysx #cwi
I'm happy to fill those slots.
What do You need?
#crysx #cwi
Hi chrysophylax. Just check the thread #1, it's everything explained there
If you like to fill the 3 slots of run #10 then send 0.003 BTC to bc1qtyvxwhwctneje9zjvqkzvp6yqtnqc3xs0sf6vd with the filled template that contains your name, your stake, TXid, your payout address and your vote for the desired hash rate. Looking forward to your deposit and hopefully we could launch run #10 soon ... Sure ...
I will look at that this afternoon and organize it.
Thanks Mate!
#crysx #cwi
Hi Mate ...
I'm happy to fill those slots.
What do You need?
#crysx #cwi
I'm happy to fill those slots.
What do You need?
#crysx #cwi
Hi chrysophylax. Just check the thread #1, it's everything explained there
If you like to fill the 3 slots of run #10 then send 0.003 BTC to bc1qtyvxwhwctneje9zjvqkzvp6yqtnqc3xs0sf6vd with the filled template that contains your name, your stake, TXid, your payout address and your vote for the desired hash rate. Looking forward to your deposit and hopefully we could launch run #10 soon ... @mikeywith: thank you so much for the effort you put in to explain this in such detail. You have really helped me with this. It helped a lot in understanding after reading through this several times and reading and delving into various sites around bitcoin. I am quoting the key points you mentioned.
Very important and accurate points. I have now understood that only the current Difficulty plays a role in the probability calculation for a block find and is used as the basis of the calculation. The Bitcoin Wiki page has further assisted in understanding this.
I think this topic belongs in the "technical section" of the forum. I had already asked the moderators to do this, but unfortunately it hasn't been implemented yet. I have meanwhile manually opened a new thread and the relevant posts here #46 to #56 from this topic were moved (quoted) in the new thread as takeover. Let's discuss this matter further there, so that this thread here of the project "Block Solvers" remains clear and does not run further into off-topic.
For your information: I have undone the change in the info page #1 and reset it to the original state.
For all other questions or comments about "probability calculation" please have a look at the linked thread.
@mod: You can safely delete #46 to #56 as I have successfully moved them to the new thread #2 in the technical sub-forum
Thanks for the attention and support.
Now back to the topic. Run #10 still has 3 open slots. Stake is 0.001 BTC as usual
And for those who are interested in more power, take a closer look at the Power Run #20
C'mon Block Solvers . . .
there is no such thing as "reset", you are not competing against any other miners, you are competing against the difficulty and your only weapon is the number of hashes, your luck doesn't reset with every block, it resets with every hash, every hash has the same exact chance of hitting a block regardless of the status of the network, other miners when was the last block found, who found it, or anything else
[...]
Saying that you are competing against other miners suggests that if other miners pull out and stop hashing, your chances of hitting a block will increase, which is false, even if everyone else stops mining and you are left alone, your chances will change by 0%, if your initial chances were to hit a block in 10 days, it will still be the same.
[...]
every single share submitted to the network has exactly the same chance of hitting a block.
[...]
every share CAN find a block at any given time, and the chances of your hashes hitting a block are 100% independent from every other hash anyone else has
[...]
Saying that you are competing against other miners suggests that if other miners pull out and stop hashing, your chances of hitting a block will increase, which is false, even if everyone else stops mining and you are left alone, your chances will change by 0%, if your initial chances were to hit a block in 10 days, it will still be the same.
[...]
every single share submitted to the network has exactly the same chance of hitting a block.
[...]
every share CAN find a block at any given time, and the chances of your hashes hitting a block are 100% independent from every other hash anyone else has
Very important and accurate points. I have now understood that only the current Difficulty plays a role in the probability calculation for a block find and is used as the basis of the calculation. The Bitcoin Wiki page has further assisted in understanding this.
You need to ditch the idea that tells you that miners are mining the same exact same block, and you can only start mining a block when one is done, you need to understand that every hash is trying to mine its own block if it manages to do so, it simply tells the other miners "hey guys, I am going to name my block 1011, so please if any of you manages to find a block, use a different name "1012", don't let this give you the illusion that everyone is now mining block "1012" , NO! NO!, everyone is mining their own random block, and IF they hit one, they will name it "1012".
this was also a very helpful information, thanks!I think this topic belongs in the "technical section" of the forum. I had already asked the moderators to do this, but unfortunately it hasn't been implemented yet. I have meanwhile manually opened a new thread and the relevant posts here #46 to #56 from this topic were moved (quoted) in the new thread as takeover. Let's discuss this matter further there, so that this thread here of the project "Block Solvers" remains clear and does not run further into off-topic.
For your information: I have undone the change in the info page #1 and reset it to the original state.
For all other questions or comments about "probability calculation" please have a look at the linked thread.
@mod: You can safely delete #46 to #56 as I have successfully moved them to the new thread #2 in the technical sub-forum
Thanks for the attention and support.
Now back to the topic. Run #10 still has 3 open slots. Stake is 0.001 BTC as usual
And for those who are interested in more power, take a closer look at the Power Run #20
C'mon Block Solvers . . .
Hi Mate ...
I'm happy to fill those slots.
What do You need?
#crysx #cwi
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