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Place | | | User | | | Device Type | | | Speed 5 Min. | | | Number Shares | | | Best Share | | | Solo Pool Status |
----- | | | -------------------------- | | | --------------------- | | | ---------------- | | | -------------- | | | ------------------- | | | -------------------- |
#1 | | | brun0 | | | Bitaxe ULTRA 202 | | | 467 GH/s
Yes, you can do lottery mining but buying bitcoin would be reliable, even though it will take too much time to make the profits you desire. In few occasions it may not take so much time as some may be thinking in making the profits from buying and holding bitcoin as you could be fortunate to buy at a time very close to when a bull run may take place hitting an ATH that beats the previous one. I am certainly no fan of lotto mining, I don't know maybe cause it doesn't seem probable to me at all. Is it even possible to lotto mine BTC on something like a newpac USB miner? In the first place, based on my knowledge mining Bitcoin using a USB miner such as the new PAC is a nonprofit mate. Why? It is because mining bitcoin difficulty is very high so that it can generate enough hash power to solve the block and gain a reward. Aside from that, even though you can mine a block, obviously the rewards will not be enough to cover the electricity cost that could be used by the miner. So in the end, it is still better to buy bitcoin than to mine using a USB miner. what other SHA-256 (that the newpac would be able to mine) would be worth lotto mining? SHA-256 cryptocurrency would only be profitable to mine if you use a USB miner such as the Newpac. Moreover, the difficulty mining of these coins increases. Then in the long run, it becomes hard for the small miner like a USB device to find a block and gain a reward. However, other SHA256 coins are still being mined with a low difficulty such as Bitcoin cash, Peercoin, and Namecoin, etc. But these coins would not be profitable to mine using a USB miner. So, I highly recommend joining a mining pool for these coins. Ja. Main point here is that the solo pool should automatically payout. No 'withdrawal' initiated by you needed. In the case of -ck solo pool it is automatically sent as part of the coinbase, in the case of Kano's solo pool payout is to the pool wallet and from there immediately sent to your address that you setup when you joined the pool. The main point here is "trust", the post above talks about a straightforward scam, some scammers will tell you that you did manage to hit a block but you need to send some BTC for the fees because the block is stuck on the pool's wallet, that's just one out of the so many lies they can come up with it, the payment method is some irrelevant, a direct payout written in the coinbase or an automation process at the pool side after the block reward has been sent to the pool's address both should be safe as long as the pool operator is honest. So far, the two good pools we know off are Ckpool and Kano.
Ja. Main point here is that the solo pool should automatically payout. No 'withdrawal' initiated by you needed. In the case of -ck solo pool it is automatically sent as part of the coinbase, in the case of Kano's solo pool payout is to the pool wallet and from there immediately sent to your address that you setup when you joined the pool.
In my research, at this time solo mining or lottery mining is no longer profitable. Because I remembered 2 years ago I joined a lottery mining website platform, I also waited about a month for mining. Then, when I made a withdrawal, it was placed on the history platform and it was successful, but nothing came to the address I put. But what is found in the withdrawal history of the platforms is all paid, but everything is just a lie, everything is just released from the platform to say that someone is playing, Is there, is it still legitimate in this era that can generate profit in lottery mining? ckpool will pay if you hit the block. nuff said. Yeah I agree with Philip, based on my personal experience CKpool does indeed payout when you find a block on that solo pool. Here's undeniable proof https://explorer.btc.com/btc/block/720175 In my research, at this time solo mining or lottery mining is no longer profitable. Because I remembered 2 years ago I joined a lottery mining website platform, I also waited about a month for mining. Then, when I made a withdrawal, it was placed on the history platform and it was successful, but nothing came to the address I put. But what is found in the withdrawal history of the platforms is all paid, but everything is just a lie, everything is just released from the platform to say that someone is playing, Is there, is it still legitimate in this era that can generate profit in lottery mining? ckpool will pay if you hit the block. nuff said.
In my research, at this time solo mining or lottery mining is no longer profitable. Because I remembered 2 years ago I joined a lottery mining website platform, I also waited about a month for mining. Then, when I made a withdrawal, it was placed on the history platform and it was successful, but nothing came to the address I put.
But what is found in the withdrawal history of the platforms is all paid, but everything is just a lie, everything is just released from the platform to say that someone is playing, Is there, is it still legitimate in this era that can generate profit in lottery mining?
All those calculations only work if you look at it large scale. Lottery mining is however done on the very small scale so it is not about the calculated luck, but the actual luck of the individual person. You buy a small stick miner, that costs you next to nothing (or maybe even nothing) to run and if you are lucky you get a whole block of BTC.
If you look at all solo miners as a whole of course it looks stupid, but for the individual it can make sense.
Just a reply to let you know that https://soloblocks.io has integrated a luck simulator (indicates odds of finding a block on the next 24 hours, 3 hours and 15 minutes)
More to come, but yet you can gamble via nicehash on port 3334 I didn't realise you was the one that hit the block. Congrats! Big BTCBTCBTC Yeah even a blind squirrel gets a nut once in a while! Is it even possible to lotto mine BTC on something like a newpac USB miner? Just doing some rough math, it looks like it's more likely the Sun will explode before it finds a block. So if not BTC, what other SHA-256 (that the newpac would be able to mine) would be worth lotto mining? Simply put the answer is yes. You can indeed hit the BTC Lottery with a USB miner. I did it on CK's solo pool with a small USB miner farm running several GekkoScience Compaq F's and still can't believe it happened. When I hit the odds based on my hashrate of 8.4TH/s they were like 1 block in every 423 years or something crazy. It was truly nothing short of miraculous. But as the saying goes if you don't play you can't win. I'm still solo mining on both CK's and Kano's solo pools currently hoping that lightning can somehow strike twice. I would recommend don't over investing into solo mining. Expect no return on your investment but keep hope alive that it can happen. I didn't realise you was the one that hit the block. Congrats! Big BTCBTCBTC Is it even possible to lotto mine BTC on something like a newpac USB miner? Just doing some rough math, it looks like it's more likely the Sun will explode before it finds a block. So if not BTC, what other SHA-256 (that the newpac would be able to mine) would be worth lotto mining? Simply put the answer is yes. You can indeed hit the BTC Lottery with a USB miner. I did it on CK's solo pool with a small USB miner farm running several GekkoScience Compaq F's and still can't believe it happened. When I hit the odds based on my hashrate of 8.4TH/s they were like 1 block in every 423 years or something crazy. It was truly nothing short of miraculous. But as the saying goes if you don't play you can't win. I'm still solo mining on both CK's and Kano's solo pools currently hoping that lightning can somehow strike twice. I would recommend don't over investing into solo mining. Expect no return on your investment but keep hope alive that it can happen. Jump to:
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