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Topic: Newbie question: At what Ghas/Sec it is good to go solo (Read 648 times)

sr. member
Activity: 336
Merit: 250
Don't think you should go solo with your current rate.
newbie
Activity: 33
Merit: 0
regarding the probability, there is litecoin calculator on the web that you can use to estimate the amount of time it take to have a reasonable chance of solving a block.
newbie
Activity: 19
Merit: 0
My personal pref to go solo is when I can have above 55% chance of solving a block in about 24 to 30 hours.  Otherwise, pool mining is a better choice for more consistent return. Again, just personal pref.

and how do you get that  % Huh

V
newbie
Activity: 19
Merit: 0
I assume you don't have access to asic hardware. If that's the case, welcome to litecoin mining Smiley You can still fly solo on a few video cards, and should be able to land a block in about two days.

and hows the litecoin so far...i see BC is used many places then Litecoin.....
newbie
Activity: 33
Merit: 0
I assume you don't have access to asic hardware. If that's the case, welcome to litecoin mining Smiley You can still fly solo on a few video cards, and should be able to land a block in about two days.
legendary
Activity: 3514
Merit: 4895
By what time a person should make hte transition from pool to solo any idea or inputs??

To answer that question you need two other pieces of information besides your own hash rate.  You need to know what the current total network hash rate is, and you need to know how long you are willing to wait to find a block.

Are you interested in solo mining if you are likely to find a block once every 1,000 years?  How about once every 10 years?  Once per year?  Twice per year? Every month? Every week? Every day? Hour?
newbie
Activity: 33
Merit: 0
My personal pref to go solo is when I can have above 55% chance of solving a block in about 24 to 30 hours.  Otherwise, pool mining is a better choice for more consistent return. Again, just personal pref.
full member
Activity: 187
Merit: 100
150-200 GHash maybe.
newbie
Activity: 19
Merit: 0
Right now i have 1.4Ghaash/sec..i am planning to make it around 5 Ghash/Sec by this weekend then another 3 Ghash/sec added in another week..By what time a person should make hte transition from pool to solo any idea or inputs??

V
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