My Solo Mining Experiment, two years. 1S3, 1 Antrouter - page 2.

gulachov

member

Activity: 111

Merit: 10

Quote from: timk225 on March 25, 2016, 12:02:35 PM

I'm not mining, but am still sticking with my plan in my side computer repair business. If I ever come across a BTC wallet I will take the coins and transfer them to my own wallet which is waiting and updated and ready to go on a laptop I keep just for this purpose. Then I will sell them off and keep the money. My only fear is that the people may have a password on their BTC wallet.

But this is extremely unlikely to happen, as anyone who can't handle taking care of their PC is very unlikely to know about BTC.

It's not really "stealing" the coins, they just sort of become mine.

I don't think you'll have any luck with your plan. Those who mined back in 09 don't have those wallets forgotten any more (7 years passed). Those using bitcoin now know how to protect them. And getting such PC to a repair shop sounds like a very crazy idea.

jacobmayes94

sr. member

Activity: 364

Merit: 250

You will probably find out I have hit when CK announces a block solve at address 16nfWjg4cGcFn4QphYgMgGLM9ftnaUBSkc

I feel pool mining is a waste of time on UK electricity rates on a big rig, the S7 doesn't offer enough returns to justify its large cost at the present time, so solo mining on an S3 is the best way to be 'in it'. The S3 is great as a lotto machine

It has only been restarted twice since the start of this experiment, once because I unplugged it by mistake, second due to a power cut as one of our substations went up in flames
Jacob

P.S when it comes to stealing peoples bitcoins, careful of the karma : - ) I have left negative trust and reported this post, if someone had simply forgotten about it, that could be their treasure trove, like the guy who bought an apartment. Would you steal an iPhone you found on a park bench? Or break into someone's bank account who's details were on the PC? Sounds like a troll though

timk225

hero member

Activity: 955

Merit: 1004

I'm not mining, but am still sticking with my plan in my side computer repair business. If I ever come across a BTC wallet I will take the coins and transfer them to my own wallet which is waiting and updated and ready to go on a laptop I keep just for this purpose. Then I will sell them off and keep the money. My only fear is that the people may have a password on their BTC wallet.

But this is extremely unlikely to happen, as anyone who can't handle taking care of their PC is very unlikely to know about BTC.

It's not really "stealing" the coins, they just sort of become mine.

ReLoad

newbie

Activity: 28

Merit: 0

do you think as we move towards the higher end of the difficulty we will see many of the big players move off miners and the solo ventures pick back up towards the end of the cycle?

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

Quote from: BTCBinary on March 21, 2016, 04:28:26 PM

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.

Poolmining isn't profitable either, but the adrenaline rush of finding a block is just huge. I mine PPC solo on my s3 rigs, and it works out pretty well. I found a block 4 days ago and the average block time for me is ~12 days. I found 2 PPC blocks within 2 days of each other once. Peercoin is uncomparable to the rush of bitcoin, though. My S5 is soloing on btc, and so far the highest share on that is 32G. I'm staying optimistic and if I do hit a block with that, well, i'm buying some new rigs and starting a REAL farm!

BTCBinary

hero member

Activity: 504

Merit: 500

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.

mewhoyou

sr. member

Activity: 353

Merit: 250

Can anyone show how your stats looks like when you find a block? or what we should look out for?

jacobmayes94

sr. member

Activity: 364

Merit: 250

The 7B Share many months ago is still the best I got, I gave two rigs away but since December left 1 S3 chugging at it, not been switched off once since December and is still going with nice quiet fans, pumping out 440 GH/S on average. No block yet but it will come : - D so far 6 months into the experiment, although will leave this S3 running. If anyone wishes to donate hashrate feel free Wink

the 7B share wasn't bad going mind. The best share since my last post is 995M. Send good vibes for me to find a block! Cheesy

The S3 is using roughly 325 watts at the wall so it isn't too bad. Me and a friend who is in financial need will split the block when it erupts! All it takes is 1 hash!

Jacob

jacobmayes94

sr. member

Activity: 364

Merit: 250

Got a 7B share! It will happen Cheesy

Pool mining is not really going to be profitable much anymore with the electricity cost here, so I much prefer to take my chance solo mining, one hit means an instant ROI and very happy, it will happen : - ) Mine are underclocked slightly to the 227 frequency.

Jacob

BTC LOVER

full member

Activity: 126

Merit: 100

Bitcoin for the Charity :)

Hihi wish you goood luck uppon your Mining adventure Wink

i hope you will find a block and will be lucky

Anyways its very interesting way to get some bitcoins without a pool . maybe you could build a pool in a pool Cheesy

if you know what i mean

regards
BTC LOVER

bctmke

sr. member

Activity: 294

Merit: 250

Keep on cranking. I love to see the updates.

In the next month or so I expect to move my S3s to ck's solo pool. Maybe I'll get lucky before the halving! (shoot I wouldn't mind a block even after!)

Sixt5

newbie

Activity: 27

Merit: 0

two s3's pointed at ck for about a week now. free electricity so its just a matter of losing my daily profit from them which is only like a buck fifty each

realchlorum

full member

Activity: 243

Merit: 100

Quote from: madmartyk on December 15, 2015, 04:45:56 PM

I have had an S5 soloing on ck's pool for a couple weeks, best share about 5B. Soloing is keeping the basement warm this winter.!!

wow nice man

I got yesterday with my broken antminer s3 (180ghs) a 2.5B share

notabeliever

hero member

Activity: 726

Merit: 504

Quote from: madmartyk on December 15, 2015, 04:45:56 PM

I have had an S5 soloing on ck's pool for a couple weeks, best share about 5B. Soloing is keeping the basement warm this winter.!!

Is your S5 running at 325 freq or default of 350?
Do you need to restart it from time to time or just letting it run non stop.

Was the the S3 more efficient then the S1 and if so what do I do with the S1 now solo mine PPC or Neos?

madmartyk

legendary

Activity: 2702

Merit: 1030

Yes I am a pirate, 300 years too late!

I have had an S5 soloing on ck's pool for a couple weeks, best share about 5B. Soloing is keeping the basement warm this winter.!!

sobe-it

sr. member

Activity: 453

Merit: 250

someone hit a blok on cks pool between last night and now. congrats to whom ever!

realchlorum

full member

Activity: 243

Merit: 100

I solo mined also for quite some time with my s3.

I got a really good share almost a block.. but my miner broke. Or its weirdly hashing with the hals power.
Coolers are going up and down and red lights (XXXXX XXXX0) are on. Sad

BTC LOVER

full member

Activity: 126

Merit: 100

Bitcoin for the Charity :)

Hey jacob !

Nice to have another Dude in the Mining Adventure Wink

Therefore i think it might be better if you do your work at any Pool.
Maybe you could try bitcoin.mining.cz - Iam doing there with my 4x Antminer u3 good profits because the Pool has 40ph/s.
Thats pretty great. Maybe its also better for you to do this like this Wink

Anyways

You had any Problems with your Antminers? May i could help with an awesome Config Wink

regards
BTC LOVER

btcprospecter

sr. member

Activity: 504

Merit: 251

★777Coin.com★ Fun BTC Casino!

Sounds good will have to keep a eye on this hopefully it pays off for you

Beraturker

sr. member

Activity: 308

Merit: 250

it is not worth of trying to find a solo block..

Topic: My Solo Mining Experiment, two years. 1S3, 1 Antrouter - page 2. (Read 12608 times)