hopefully we will hear how one of our fellow bitcoiners were solomining with 1 rockminer @ 33ghs and solved a block.....
while it is possible (probability is greater than zero), statistically it has terrible odds of happening.
32 gh is .001195 btc a day.
divide that into 25 = 20,920 to 1 for a 1 day run at the current diff level.
run at the current level for the next 6 days odds are 20,920 / 6 or 3486 to one.
any miner that plays the 3 or 4 digit numbers at the local lottery
rather then running 1 of these units at solo-mining is pretty foolish.my frustration is no major pool offers this option with the exception of oz-coin's solopool.net ..
Since that pool's op had a major money issue I do not want to use him and running solo in house cost too much as I need to dedicated a pc to run as a server.
I really want to offer these as 3 packs on ebay with an easy setup to run two in a standard pool and one as a solo miner.
Sadly no pool that I would trust wants to do this. So a good promo is lost.
Actually, to do you calculation correctly, you'd have to actually compare it to the total bitcoin mined in a day, since you're using your daily output, not a block. If we were averaging the spec of 1 block every 10 minutes, that's 3600 btc per day. You're likelihood to mine 1 block would then be 3600 / 0.001195 or 1 in 3,012,552 to mine a block over the course of a day. Estimated time to mine 1 block is actually 20,913 days at 32 gh/s as calculated here:
http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=32&p=0.00&pc=0.10&pf=0.00&d=13462580114.52530000&r=25.00000000&er=570.00000000&hc=0.00So your odds are worse than hitting a pick 5 lottery and better than a pick 6 (at least in NJ). So you'd probably be better off pointing it at a pool than wasting the hashes trying to hit the lottery.
your math is wrong. think about if you math was correct merged pool mining would not work at a profit and it does.
672 th mines 1 block a day at the current diff 672th/21000 = 32 gh
so if a pool had 21,000 32gh r-boxes it would make 1 block a day (perfect variance assumed)
this means 1 r-box is a 21000 to 1 shot at pulling a block …… it cost 15 cents to run it a day and you lose 68 cents in pool hash earnings.
total of 83 cents…… so 83 cents gets you a shot at 25 btc = 14560 usd .
the odds to hit are 21,000 to one.
no state 3 digit or 4 digit number pays that well 14560 usd for 83 cents when the real odds are 21000
to repeat I am not saying it is easy to hit.
I am saying it pays off closer to true odds. then any state 3 digit or 4 digit number.
if you play 3 digit and 4 digit numbers and you are not playing an r-box at solo mining you are mathematically making the wrong choice by far at todays diff and todays btc price. a fact that you think is not true .
BTW it is cool if you keep thinking that way. you are entitled too believe what you want.
I know I believe more then one thing that is not correct at all times, but not this at todays (June 26th 2014 )numbers.