Topic: PrimeCoin... odds of finding a block on a solo miner... 19 days per CPU. - page 2. (Read 4770 times)
July 19, 2013, 10:24:37 AM
will it not vary depending on what type of cpu?
July 19, 2013, 09:59:25 AM
Ouch.. thanks for that analysis. Thats brutal. I tried for a day and gave up 
July 19, 2013, 09:36:37 AM
I am looking at the block chain explorer for Primecoin...
For the time July, 19, 2013 14:10:xx
http://primecoin.21stcenturymoneytalk.org/index.php?block_hash=3e9d0f652b456f42df6d714573ebd4cf237bc6b269cb54e7de2fea49f373851f
Block 65818 14:10:54
Block 65817 14:10:32
Block 65816 14:10:13
Block 65815 14:10:05
Block 65814 14:10:02
It appears like its like 5 blocks a minute.
Now I check YPool.net with 232 workers... http://www.ypool.net/stats.php
which gives an average of like 1:600 chance of finding a block for 232 workers.
So for the average miner CPU, the chance of finding a block is 1 in 139,200.
So the average time of finding a block assuming current difficulty is 19 days!
For the time July, 19, 2013 14:10:xx
http://primecoin.21stcenturymoneytalk.org/index.php?block_hash=3e9d0f652b456f42df6d714573ebd4cf237bc6b269cb54e7de2fea49f373851f
Block 65818 14:10:54
Block 65817 14:10:32
Block 65816 14:10:13
Block 65815 14:10:05
Block 65814 14:10:02
It appears like its like 5 blocks a minute.
Now I check YPool.net with 232 workers... http://www.ypool.net/stats.php
which gives an average of like 1:600 chance of finding a block for 232 workers.
So for the average miner CPU, the chance of finding a block is 1 in 139,200.
So the average time of finding a block assuming current difficulty is 19 days!
... What?
July 19, 2013, 09:32:47 AM
I am looking at the block chain explorer for Primecoin...
For the time July, 19, 2013 14:10:xx
http://primecoin.21stcenturymoneytalk.org/index.php?block_hash=3e9d0f652b456f42df6d714573ebd4cf237bc6b269cb54e7de2fea49f373851f
Block 65818 14:10:54
Block 65817 14:10:32
Block 65816 14:10:13
Block 65815 14:10:05
Block 65814 14:10:02
It appears like its like 5 blocks a minute.
Now I check YPool.net with 232 workers... http://www.ypool.net/stats.php
which gives an average of like 1:600 chance of finding a block for 232 workers.
So for the average miner CPU, the chance of finding a block is 1 in 139,200.
So the AVERAGE time of finding a block assuming current difficulty is 19 days!
Assumimg 12 coins per block. this boils down to .62 coins per day... at today's price of 1.4 USD = .868 a day... $26.04/month. Double the average time... you'll get only $13.02 per month per CPU.
For the time July, 19, 2013 14:10:xx
http://primecoin.21stcenturymoneytalk.org/index.php?block_hash=3e9d0f652b456f42df6d714573ebd4cf237bc6b269cb54e7de2fea49f373851f
Block 65818 14:10:54
Block 65817 14:10:32
Block 65816 14:10:13
Block 65815 14:10:05
Block 65814 14:10:02
It appears like its like 5 blocks a minute.
Now I check YPool.net with 232 workers... http://www.ypool.net/stats.php
which gives an average of like 1:600 chance of finding a block for 232 workers.
So for the average miner CPU, the chance of finding a block is 1 in 139,200.
So the AVERAGE time of finding a block assuming current difficulty is 19 days!
Assumimg 12 coins per block. this boils down to .62 coins per day... at today's price of 1.4 USD = .868 a day... $26.04/month. Double the average time... you'll get only $13.02 per month per CPU.
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