Well shoot the other two dropped off and now its just me all by my lonesome. :/
Probably take a week at this rate to find another block. Might have to move over to another pool and just write off the last couple days of shares then. Bummer.
Topic: small pool query (Read 97 times)
Hey thanks. I'm sure if I stuck with it long enough a block would be found.
I suppose part of what I'm asking is this: "If there are only a couple miners on the pool are you essentially solo mining at that point?"
Because I know I don't have the hash rate to be doing that.
I suppose part of what I'm asking is this: "If there are only a couple miners on the pool are you essentially solo mining at that point?"
Because I know I don't have the hash rate to be doing that.
Seems like it, depending on the Pool operators sharing policy when it hits a block, most probably most of the shares are with you a bit difference when solo where all rewards goes to you.
Hey thanks. I'm sure if I stuck with it long enough a block would be found.
I suppose part of what I'm asking is this: "If there are only a couple miners on the pool are you essentially solo mining at that point?"
Because I know I don't have the hash rate to be doing that.
I suppose part of what I'm asking is this: "If there are only a couple miners on the pool are you essentially solo mining at that point?"
Because I know I don't have the hash rate to be doing that.
I understand it takes longer to find blocks.
Is there a point however where there is no hope of finding a block in any reasonable timeframe?
For instance if you are on a pool with only 3-5 miners. And hash rate (phi algo) is in the 300 MH/s or less range. Is it a complete waste of time?
Is there a point however where there is no hope of finding a block in any reasonable timeframe?
For instance if you are on a pool with only 3-5 miners. And hash rate (phi algo) is in the 300 MH/s or less range. Is it a complete waste of time?
There is what you called a pool luck, a probability for mining, there are computations on how to determine a supposedly mining blocks for a pool.
see this thread
https://bitcointalksearch.org/topic/eli5-pool-luck-rate-1754314
take a glance with #3 stated by xhomerx10 kudos to him
Quote
3) nothing as it is random and unpredictable - though if it is continually unlucky perhaps you should avoid the pool
I understand it takes longer to find blocks.
Is there a point however where there is no hope of finding a block in any reasonable timeframe?
For instance if you are on a pool with only 3-5 miners. And hash rate (phi algo) is in the 300 MH/s or less range. Is it a complete waste of time?
Is there a point however where there is no hope of finding a block in any reasonable timeframe?
For instance if you are on a pool with only 3-5 miners. And hash rate (phi algo) is in the 300 MH/s or less range. Is it a complete waste of time?
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