Topic: My Solo Mining Experiment, two years. 1S3, 1 Antrouter (Read 12610 times)
If only, i prefer to cook my own : - ) i went to read my electric meter and you can just watch it turning XD
Kettle and cooker? Order out! Use those circuits for mining! 
And the s7 uses a boatload of power compared to my S3 with my KNC Titan and eth setup I don't have much circuit room for more, as I still want to put the kettle and cooker on now and then 
. Come on my beauty! One hash out of 500 or so billion it puts out.
. Come on my beauty! One hash out of 500 or so billion it puts out. Wow, you are pretty mad to solo mine with just that set. even it finds a block every 77 months it won't be profitable at all, or it will only be profitable if the bitcoin prices goes up to the double.
How did you calculate approxx block finding period?
Code:
Current Diff * 2^32 / hash rate / 86400 = time to solve a block in days
So, if we use an Antminer S7 as an example (4.75T):
Code:
194254820283.44 * 2^32 / 4750000000000 / 86400 = 2032.94
Yup, the S7 expects to take just over five and a half years to find a block at the current difficulty.
I use the solocalc android app to calculate that.
Jacob
Jacob
Wow, you are pretty mad to solo mine with just that set. even it finds a block every 77 months it won't be profitable at all, or it will only be profitable if the bitcoin prices goes up to the double.
How did you calculate approxx block finding period?
Hows it going ... still mining. Or did you give it away. :-)
How do you know if you strike it lucky?
How do you know if you strike it lucky?
As stated in the topic title, currently 3 S3s and 1U3 are going at it! I have decided to solo mine for the next two years and see what comes up, I might add to the set up later.
I will be sure to update when a block is found! I am wondering though... Is it best I keep them all pointed to CKs solo pool, or maybe point one of them to nicehash.com (as the pool will give different work to the miner so part of my hashrate is working on different 'work' although its then less hashrate going towards the CK work) Currently they are all pointed to solo CK pool and have nicehash solo pool as the failover. I put CKs as the primary as I seem to know I can trust it given the high level of support and the fact its paid out every time a valid block is found and confirmed as part of the main chain. When a block is found I will ping a small donation to CK in that event. It is invaluable as mining on your local client maybe with a questionable upload I don't think is the best move! Wish me luck!
My Stats:
http://solo.ckpool.org/users/1JacobtFpSMx15iKNR2xmPuDLqRVYM9NWc
Heres to a block find!
This is my Uncle's S1:
http://solo.ckpool.org/users/14gYhaeevNrfzpFNxeJe8a7LqToTwxGfHc
Jacob
EDIT: changed wallet address as I exported the private key from the old one to get my funds into another wallet as I couldn't wait the several hours to resync. As I had uploaded the private key somewhere I felt it safer to generate a new receiver address : )
EDIT II: My uncles S1 link has been added now its running!
I will be sure to update when a block is found! I am wondering though... Is it best I keep them all pointed to CKs solo pool, or maybe point one of them to nicehash.com (as the pool will give different work to the miner so part of my hashrate is working on different 'work' although its then less hashrate going towards the CK work) Currently they are all pointed to solo CK pool and have nicehash solo pool as the failover. I put CKs as the primary as I seem to know I can trust it given the high level of support and the fact its paid out every time a valid block is found and confirmed as part of the main chain. When a block is found I will ping a small donation to CK in that event. It is invaluable as mining on your local client maybe with a questionable upload I don't think is the best move! Wish me luck!
My Stats:
http://solo.ckpool.org/users/1JacobtFpSMx15iKNR2xmPuDLqRVYM9NWc
Heres to a block find!
This is my Uncle's S1:
http://solo.ckpool.org/users/14gYhaeevNrfzpFNxeJe8a7LqToTwxGfHc
Jacob
EDIT: changed wallet address as I exported the private key from the old one to get my funds into another wallet as I couldn't wait the several hours to resync. As I had uploaded the private key somewhere I felt it safer to generate a new receiver address : )
EDIT II: My uncles S1 link has been added now its running!
you manged to find any blocks yet
So what's going to happen when we have 21 million coins, will you all unplug your solo miners or will you keep them going to keep things spread around and decentralized.
I mine on a pool still. I get about $1 a day
I mine on a pool still. I get about $1 a day
I think there's a chance that as more people fail to realize any profits by mining on pools, solo mining could become a lot more popular. Keep us posted, OP, and good luck!
I Threw a rental at this for 3.5pH the other week, no luck as of yet, the golden nonce will appear soon!
Plus we have my antrouter
This S3 I am using is a soldier, waiting for his day which is imminent. I had to give t he S7 a pass for now, my flats circuit cant handle anymore now I have a KNC titan and my mini etherium farm.
Plus we have my antrouter
This S3 I am using is a soldier, waiting for his day which is imminent. I had to give t he S7 a pass for now, my flats circuit cant handle anymore now I have a KNC titan and my mini etherium farm.
This is like when I left my block erupters to solo mine when they were first introduced in bitcoin so long ago, alas, I had no luck with em!
I hope you get that Block!
I love solo mining and i'm currently mining in that pool best share so far 9M. I just started this morning though. Renting a 1.3T rig for 60 hours to see how it goes.
I'm keeping an eye on your progress best of luck!
I love solo mining and i'm currently mining in that pool best share so far 9M. I just started this morning though. Renting a 1.3T rig for 60 hours to see how it goes.
I'm keeping an eye on your progress best of luck!
Can anyone show how your stats looks like when you find a block? or what we should look out for?
cgminer will tell you simply something like "BLOCK!", and anyway in your bitcoin core will be credited those 25 coin, so it's impossible to not notice it
Back in business! Replacing the PSU and was able to get one hash board working again using its other slot. It is currently mining with one hash board! Soon an S7 and R1 will be joining the solo mining ranks! The moment a block is found all but one rig will be sold off, if not then ive had fun and the cost of an S7 is not too bad that now hitting a block would mean that my heat was paid for, that's the way ill see it.
I have changed wallet addresses, 1JacobtFpSMx15iKNR2xmPuDLqRVYM9NWc so that is reflected in the opening topic. I will have a total of 3.5TH when you add the half functioning S3, antrouter and the S7 to be. Will update when it is set up
EDIT: THE S3 is functioning correctly now after a careful soldering job to replace a damaged capacitor on the (broken) hashboard. I am paying for my S7 when I do my usual bitcoin buy at the end of the week, and will get the antrouter as well.
Jacob
I have changed wallet addresses, 1JacobtFpSMx15iKNR2xmPuDLqRVYM9NWc so that is reflected in the opening topic. I will have a total of 3.5TH when you add the half functioning S3, antrouter and the S7 to be. Will update when it is set up
EDIT: THE S3 is functioning correctly now after a careful soldering job to replace a damaged capacitor on the (broken) hashboard. I am paying for my S7 when I do my usual bitcoin buy at the end of the week, and will get the antrouter as well.
Jacob
I think you should have two sets of stats. 1. The Actual Numbers and 2. What Would Have Happened if you had not run into issues with hardware and such. Just to see what a perfect system would produce over your time span.
Can anyone show how your stats looks like when you find a block? or what we should look out for?
Back in business! Replacing the PSU and was able to get one hash board working again using its other slot. It is currently mining with one hash board! Soon an S7 and R1 will be joining the solo mining ranks! The moment a block is found all but one rig will be sold off, if not then ive had fun and the cost of an S7 is not too bad that now hitting a block would mean that my heat was paid for, that's the way ill see it.
I have changed wallet addresses, 1JacobtFpSMx15iKNR2xmPuDLqRVYM9NWc so that is reflected in the opening topic. I will have a total of 3.5TH when you add the half functioning S3, antrouter and the S7 to be. Will update when it is set up
EDIT: THE S3 is functioning correctly now after a careful soldering job to replace a damaged capacitor on the (broken) hashboard. I am paying for my S7 when I do my usual bitcoin buy at the end of the week, and will get the antrouter as well.
Jacob
I have changed wallet addresses, 1JacobtFpSMx15iKNR2xmPuDLqRVYM9NWc so that is reflected in the opening topic. I will have a total of 3.5TH when you add the half functioning S3, antrouter and the S7 to be. Will update when it is set up
EDIT: THE S3 is functioning correctly now after a careful soldering job to replace a damaged capacitor on the (broken) hashboard. I am paying for my S7 when I do my usual bitcoin buy at the end of the week, and will get the antrouter as well.
Jacob
EXPERIMENT TEMPORARILY HALTED! the S3 has died. After a power outage the S3 and the power supply gave up the ghost. my surge protector was in the reset position, it has also damaged my router. The good news is the warranty on the surge protector is going to cover the damaged rig and my modem. I am going to connect up one of the block erupters i kept spare until I replace the rig!
How much money is this costing you? I had run a s1 for a year straight and gotten a 2B share, then it died. I'm glad other people have the same ambition of finding a block with outdated miners. If you had mined a coin like peercoin solo you might've made a profit, but good luck finding a block! have fun when you do
EXPERIMENT TEMPORARILY HALTED! the S3 has died. After a power outage the S3 and the power supply gave up the ghost. my surge protector was in the reset position, it has also damaged my router. The good news is the warranty on the surge protector is going to cover the damaged rig and my modem. I am going to connect up one of the block erupters i kept spare until I replace the rig!
ASIC status
oooooooo oxoooooo
oooooooo oooooooo
Seems like a chip has gone tits up, cant get it to go back to o... was fine yesterday XD
EDIT: The chip is back
oooooooo oxoooooo
oooooooo oooooooo
Seems like a chip has gone tits up, cant get it to go back to o... was fine yesterday XD
EDIT: The chip is back
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