Topic: How good is 10TH/s? - page 2. (Read 2318 times)
Early last year having 10TH/s mining you might have considered going solo. Now, a couple S7s will get you ~10TH/s while only drawing about 2.4kW. Could you go solo? Sure, if you can accept the expectations that finding a block would take about 302 days.
Ok so I ordered some new mining hardware, and when it comes in and is all set up is should be slightly over the 10TH/s mark. I plan on pool mining, but my question is; at this point is it enough to solo mine? Would I have a good chance at finding any blocks? Just for example purposes what would I possibly be able to find in a period of 1 month?
If you are planning in pool mining why risk? in just solo! I prefer start by 5 Mining hardware of 10TH/s
instead of one, Quantity is needed if you are thinking of finding blocks faster right!
it's 0.08 per day, if diff remain the same, you can hit a block after 300 days on average, i would simply keep mining regularly with it, instead of trying solo
it's powerful enough to give you a decent income, if bills cost is cheap
it's powerful enough to give you a decent income, if bills cost is cheap
Ok so I ordered some new mining hardware, and when it comes in and is all set up is should be slightly over the 10TH/s mark. I plan on pool mining, but my question is; at this point is it enough to solo mine? Would I have a good chance at finding any blocks? Just for example purposes what would I possibly be able to find in a period of 1 month?
What hardware did you order and what is your electricity price? That is some of the important information.
And chances of hitting a block with 10T are not great at all. You will most likely be doing pool mining which most miners do at this point. Solo mining with 10T I still would consider "lotto mining". Basically high rewards but chances are very low.
@op you can solo 1 day a month. and do safer mining the other 29 days.
Ok so I ordered some new mining hardware, and when it comes in and is all set up is should be slightly over the 10TH/s mark. I plan on pool mining, but my question is; at this point is it enough to solo mine? Would I have a good chance at finding any blocks? Just for example purposes what would I possibly be able to find in a period of 1 month?
Solo = too risky
Pool = 2.481 BTC depending of the luck of the pool (Variance) but this at the current Difficulty ... as it increase, you loose income.
http://lmgtfy.com/?q=solo+mining+bitcoin+calculator
It will take you around 302 day to get 1 block if you are normal lucky.
It will take you around 302 day to get 1 block if you are normal lucky.
Ok so I ordered some new mining hardware, and when it comes in and is all set up is should be slightly over the 10TH/s mark. I plan on pool mining, but my question is; at this point is it enough to solo mine? Would I have a good chance at finding any blocks? Just for example purposes what would I possibly be able to find in a period of 1 month?
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