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Topic: Groupbuy Solo Mining - Blockparty 2022 Number 13 (Read 537 times)

legendary
Activity: 3346
Merit: 2529
Non-custodial BTC Wallet
hero member
Activity: 784
Merit: 504
Ok, I owe my point of view about our “luck”.
Total network hash rate is around 185000 PH/s.
A block is found once every 600 seconds.
This gives us totally 111000000 TH required to find a block.

We have tried with 20PH/s and 30PH/s for ~24h each. Let’s say 25PH/s average for 24h.
So our shares are 25 *24*3600 PH=2160000PH for each run.
Our chances for each run are 2160000/111000000= 1.946%
So since we are in run 13, our luck is approximately 25% if I did my maths correctly.

For the 500PH/s mega run, the chance was around 40-45% to find a block.

We found the last block at 2021 Ride 14.
Then we did rides till 22 in 2021 and 13 in 2022.
So for the last 21 continues rides we are waiting for a block.
jr. member
Activity: 65
Merit: 3
I don't think it matters, but Polin has begun to restart as if it were in line with the 500 Mega Run. While doing a mega run, Polin was getting 10 blocks. If Poolin didn't restart, we might have hit the block.
jr. member
Activity: 37
Merit: 1
Ok, I owe my point of view about our “luck”.
Total network hash rate is around 185000 PH/s.
A block is found once every 600 seconds.
This gives us totally 111000000 TH required to find a block.

We have tried with 20PH/s and 30PH/s for ~24h each. Let’s say 25PH/s average for 24h.
So our shares are 25 *24*3600 PH=2160000PH for each run.
Our chances for each run are 2160000/111000000= 1.946%
So since we are in run 13, our luck is approximately 25% if I did my maths correctly.

For the 500PH/s mega run, the chance was around 40-45% to find a block.
newbie
Activity: 37
Merit: 0
It's in german, I don't understand.

But you tried it with 500PH/s and it didn't find any block at all??  Shocked

Yes and for 24 hours

500PH/s, 24h, 0 blocks.

I'm just going to cry in a corner, be right back.
hero member
Activity: 2436
Merit: 892
It's in german, I don't understand.

But you tried it with 500PH/s and it didn't find any block at all??  Shocked

Yes and for 24 hours
newbie
Activity: 37
Merit: 0
It's in german, I don't understand.

But you tried it with 500PH/s and it didn't find any block at all??  Shocked
newbie
Activity: 37
Merit: 0
1.365.791.872.716


Neue Bestshare aber nicht ausreichend genug für den Block, da fehlen noch ein paar Zahlen um den Block finden zu können aber wir bleiben optimistisch! Um wieviel Uhr endet der Run ungefähr?

this is why i say 20PH is better because a longer run is bettrer

By that logic we should go with 1TH/s  Grin

But I understand what you mean.

The mining algorithm is prepared to promote:

Low hashrates for a veeeeery long time period.
and
Insanely high hashrates for short bursts.

We could, for ex, get 1 EH/s, or 500PH/s, and use it for 6h. We would probably get a block.
hero member
Activity: 784
Merit: 504
1.365.791.872.716


Neue Bestshare aber nicht ausreichend genug für den Block, da fehlen noch ein paar Zahlen um den Block finden zu können aber wir bleiben optimistisch! Um wieviel Uhr endet der Run ungefähr?

this is why i say 20PH is better because a longer run is bettrer

How we can say 20ph with a few more hours helps?
Its purely a gamble.
legendary
Activity: 3346
Merit: 2529
Non-custodial BTC Wallet
Noch ca. 8,5h
copper member
Activity: 115
Merit: 2
1.365.791.872.716


Neue Bestshare aber nicht ausreichend genug für den Block, da fehlen noch ein paar Zahlen um den Block finden zu können aber wir bleiben optimistisch! Um wieviel Uhr endet der Run ungefähr?

this is why i say 20PH is better because a longer run is bettrer
hero member
Activity: 2436
Merit: 892
1.365.791.872.716


Neue Bestshare aber nicht ausreichend genug für den Block, da fehlen noch ein paar Zahlen um den Block finden zu können aber wir bleiben optimistisch! Um wieviel Uhr endet der Run ungefähr?
copper member
Activity: 115
Merit: 2
Still no blocks on Solo CK

https://i.imgur.com/SB39rzm.png

What are you talking about this link shows blocks being found
legendary
Activity: 3346
Merit: 2529
Non-custodial BTC Wallet
ca. 12h haben wir noch
legendary
Activity: 1260
Merit: 1954
My personal luck is -1%, so be warned lol

What can I say, more than 0,5 BTC down with these runs.  Tongue
newbie
Activity: 37
Merit: 0
My personal luck is -1%, so be warned lol
legendary
Activity: 3346
Merit: 2529
Non-custodial BTC Wallet
Now it's about to start. Keep running until you get the blocks. It will be a hit in the near future. Let's do our best.
that is the plan, keep on mining to find a Block. all cool at the moment, our personaly luck is 50%
i love the number 13, so i spend 0.02 BTC instaed of 0,01 BTC
cross our fingers

jr. member
Activity: 65
Merit: 3
Now it's about to start. Keep running until you get the blocks. It will be a hit in the near future. Let's do our best.
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