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Topic: My Solo Mining Experiment, two years. 1S3, 1 Antrouter - page 3. (Read 12595 times)

legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
It might not be a good idea to solo mine bitcoin now. The difficulty rises too fast. It will rise about 10% in the next change.
sr. member
Activity: 364
Merit: 250
Still hashing Cheesy the 3B share from nicehash during the failover seems to be the highest so far Cheesy Hashing away : - ) I aim to put 3.5TH of neptunes in a pool but I am waiting for a new bank card so I can pay for it and start mining with it!

Jacob
legendary
Activity: 1820
Merit: 1001
Good Luck. Fun project  Wink. I'm thinking of doing the same.

Have you counted the cost of electricity for 2 years?

Even running them few machines would cost no more than a computer costs to be running on full load daily. So would be very little I would assume. Am looking at maybe switching my old usb miners on seeing what they can bring in as they use next to no energy at all and well worth the shot or look at some other coins that I did look into that they where for smaller amounts of hash and even some cpu coins or diff algos that am sure can put equipment to use to for my gpu farm but even then with scrypt miners and new tech in the making is going to be hard. But maybe as a off chance have a few running solo mining maybe get lucky like on here. Good luck for the future of the mining maybe find another block before halfing Smiley
member
Activity: 233
Merit: 10
Good Luck. Fun project  Wink. I'm thinking of doing the same.

Have you counted the cost of electricity for 2 years?
hero member
Activity: 672
Merit: 500
That's very ambitous. Since the S3 don't use a lot of energy it is worth trying.

However your need to count on your luck. If you will find no block in 2 years, your loss will be substancial.

If you hit a block, I will try it with my S3 too Wink
member
Activity: 116
Merit: 10
Poor guy next door.
wish you good luck !
keep us informed about your progress
sr. member
Activity: 453
Merit: 250
I hit a 5.1B share with a bitfury miner the other night..... A few months ago I hit a 23B share (iirc) with an avalon hex16a2
legendary
Activity: 1820
Merit: 1001
Nice block smash in the first few moneys. Maybe stop and quit while ahead. Any more blocks been found since or just that first block and nothing more. Id stop or look buying maybe something out the block you made and advance and progress Smiley
sr. member
Activity: 364
Merit: 250
back on CKs pool Cheesy
hero member
Activity: 955
Merit: 1004
I am utterly amazed at that. Tongue
sr. member
Activity: 364
Merit: 250
I could consider that...
And you guys wont believe this my mate has been mining on a GPU on CK pool he knows how slim a chance he has to hit but he testing it out while hes waiting for his ASIC....

In 1.5 weeks a 1.1 BILLION share with 100Mh. That is awesome.
hero member
Activity: 868
Merit: 503
I wasn't trying to say anything bad, just a question.  What if you set up a small server and pool all your boxes toward the one ckpool address.
sr. member
Activity: 364
Merit: 250
I find the solo mining quite a 'fun' factor. Best share currently is 26,155,616.70 Cheesy I am getting a KNC Neptune as I have a free electricity opportunity and that will be in a pool (mmpool). I am also  thinking of getting one for here, shutting off the heating and using IT to heat while getting the heating cost refunded by the bitcoin mined via MMpool. I have another smaller miner currently on MM pool. That share was pulled less than 3 days after failing over to nicehash btw.


I plan to have a total of 10TH equipment in a pool, and 1.3 - 2 TH solo dedicated. All the miners will have a solo failovers in anycase.

2615561670 not bad after two weeks running almost total time : ) It will happen Cheesy

Jacob
hero member
Activity: 868
Merit: 503
Just wondering why you haven't done some work with a pool, rather then go solo.
sr. member
Activity: 364
Merit: 250
Hashing away Cheesy I have been having some serious routing problems which my ISP is fixing and all but one of the miners which is mining elsewhere has failed over to nicehash solo currently! The same wallet address is there. I set nicehash solo as my failover but nothing is wrong with CKs pool as my uncles miner, my friends miner and one of mine (one of the S3s) which is at a different address (electricity is free there) is hashing on CKs pool fine. Having troubles accessing my email too, funny enough everything works through my VPN.

Hoping to be hashing back on CKs pool again but currently hashing fine on Nicehash! My investment is about £300 on these.

A block will happen Cheesy

I have three pools here, CKs is pool 0 nicehash is 1 and my own node on my VPS server is 2.

tbf I think every hardcore or dedicated miner should have mining on their own node as a failover, it helps protect the network should anything happen to the major pools for any reason!

Jacob
hero member
Activity: 630
Merit: 500
Good luck. It really doesn't matter if you don't hit a block within 2 years. Give yourself 10 years, and you will at least mine 1-2+ blocks. That's surely a ROI, considering you get 25 bitcoins a block (Ugh. With the upcoming halving, let's say 12.5 BTC a block...) Good luck, and now that I think about it, it actually might be great investing in a few S3s or maybe even funding my Bit-X account xD

These were my thoughts, I do enjoy that a few people have lately started going for the solo pool, especially since that one guy got lucky with his single S3 (if I recall).

Good luck!
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
Good luck to you!  There was another user who setup an S3 to solo mine and he hit a block about a month and a half into his experiment.  I have an S3 that I use for solo mining, and a bunch of others that I use on p2pool.  I also have a number of USB sticks that solo mine... now THAT's playing the lottery Smiley.  Oh, and I occasionally gamble and rent a ton of hash hoping for a quick hit.  Haven't found anything on my own yet, but have been part of a group that found a couple blocks earlier this year.  I keep dreaming and every morning I check to see if 25BTC has magically appeared in my wallet...

Edit: the last time one of my personal miners hit a block was in early 2014.  One of my S1s found a block for p2pool.
sr. member
Activity: 392
Merit: 251
Good luck. It really doesn't matter if you don't hit a block within 2 years. Give yourself 10 years, and you will at least mine 1-2+ blocks. That's surely a ROI, considering you get 25 bitcoins a block (Ugh. With the upcoming halving, let's say 12.5 BTC a block...) Good luck, and now that I think about it, it actually might be great investing in a few S3s or maybe even funding my Bit-X account xD
sr. member
Activity: 364
Merit: 250
Total investment for this is about £280 Smiley Still hashing away Smiley

Jacob
hero member
Activity: 672
Merit: 500
Can you tell us what is your total investment and how much you earn in this two years?
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