Solo mining, now THAT is work of True Heros
Topic: SOLO MINING POSTING ONLY - page 2. (Read 8358 times)
Solo mining, now THAT is work of True Heros
Thanks for the update. I am still following.
One possible option to help speed it up a bit would be to run a 'mini pool'. Open up 8332 in your FW and forward it to your daemon ip. Then rpcallowip one or two trusted friends pulling 1GH+ and split it 2 or 3 ways at 0% or whatever.
One possible option to help speed it up a bit would be to run a 'mini pool'. Open up 8332 in your FW and forward it to your daemon ip. Then rpcallowip one or two trusted friends pulling 1GH+ and split it 2 or 3 ways at 0% or whatever.
I thought about running a pool before and it never really felt like a thing I should do.
So doing a mini pool sounds pretty blah for other people. I will do this on my own or just
quietly fail and sell off the hardware ;-)
You guys are crazy. Good luck if you get a 10 million round block.
Crazy is someone paying 3 perfectly good US dollars for a bitcoin. ;-)
Me? I am just experimenting since the profits for being a miner have become quite pathetic.
I would like to have solved my own block before I shut down and stop being a miner. I guess
a small goal before winding things down. A 100 dollars more or less will not make a difference
to me. The hardware is paid off and waiting 30 more days before selling it should not result
in much of a difference in price.
You guys are crazy. Good luck if you get a 10 million round block.
They very well could get a 10mil round and then get all less than 500k rounds for 20 in a row after that. Or vise versa for that matter. I'd be willing to take the risk once my hash/diff ratio would put my average time to match diff to about 7-10 days.
You guys are crazy. Good luck if you get a 10 million round block.
I'm at 1,000,000. Nothing yet.
We should both be thankful that difficulty will take a very large drop shortly.
Difficulty 1468195
Estimated 1235415 in 367 blks
It is a reduction like that which makes it pretty darn reasonable to start finding a block on our own
in a reasonable amount of time.
I'm at 1,000,000. Nothing yet.
Thanks for the update. I am still following.
One possible option to help speed it up a bit would be to run a 'mini pool'. Open up 8332 in your FW and forward it to your daemon ip. Then rpcallowip one or two trusted friends pulling 1GH+ and split it 2 or 3 ways at 0% or whatever.
One possible option to help speed it up a bit would be to run a 'mini pool'. Open up 8332 in your FW and forward it to your daemon ip. Then rpcallowip one or two trusted friends pulling 1GH+ and split it 2 or 3 ways at 0% or whatever.
Well I started solo mining on Oct 20th.
It is now Oct 27th and I have completed about 350,000 difficulty 1 shares and no block found yet.
Just to summarize how I am solo mining..
In my bitcoin.conf file I have:
rpcuser=my-user-name
rpcpassword=my-password
rpcallowip=x.x.x.x (for each machine)
I then started bitcoin in -server mode so it would open up the right port (8332) and allow
work to be given to each miner.
I am using 4x5830, 2x6950 (shaders unlocked), and 1x5850. All over clocked to the max before they crash.
This gives an estimate of about 2.4+ gh/s.
Bitcoin gives very steady work to all miners.
Kind of depressing watching my last transaction having 767 confirmations in the bitcoin client knowing that
the pool I normally used has found hundreds of blocks. So that is lost income. But then I realize BTC is under
3 US dollars and think that I really have not given up that much money at all.
A long ways to go before I hit a million diff 1 shares and have a reasonable chance of having found something.
Finding a block with only 350,000 diff 1 shares would be incredibly good luck.
It is now Oct 27th and I have completed about 350,000 difficulty 1 shares and no block found yet.
Just to summarize how I am solo mining..
In my bitcoin.conf file I have:
rpcuser=my-user-name
rpcpassword=my-password
rpcallowip=x.x.x.x (for each machine)
I then started bitcoin in -server mode so it would open up the right port (8332) and allow
work to be given to each miner.
I am using 4x5830, 2x6950 (shaders unlocked), and 1x5850. All over clocked to the max before they crash.
This gives an estimate of about 2.4+ gh/s.
Bitcoin gives very steady work to all miners.
Kind of depressing watching my last transaction having 767 confirmations in the bitcoin client knowing that
the pool I normally used has found hundreds of blocks. So that is lost income. But then I realize BTC is under
3 US dollars and think that I really have not given up that much money at all.
A long ways to go before I hit a million diff 1 shares and have a reasonable chance of having found something.
Finding a block with only 350,000 diff 1 shares would be incredibly good luck.
The writing appears to be on the wall. I do not see a BTC worth more then 5 dollars USD for many moons
to come. I will not say ever.. since that is a long time ;-)
to come. I will not say ever.. since that is a long time ;-)
At this point I think you're better off to find a solid dependable *PPS site, set that to your primary, find another one, set it to your secondary, and then forget about it for a while..
Nah. I have decided to try for 50 virgin coins. Bitcoin is worth so little it really does not matter to me
anymore. Making 3-4 dollars a day does not excite me very much so it is time to experiment.
I am at about 200,000+ difficulty 1 shares so far with no block found. So that is about 4.5 days worth
of mining with nothing to show for it. Mining at deepbit would have made about 5-6 BTC or so which is about
12-14 bucks.
I have a long ways to go to reach a million diff 1 shares. So I need to just have patience. I will probably run
this until I hit 2 million and if I do not find anything break down the rigs and sell them.
I will update this thread every once in a while with my results. I have a feeling everyone sorta wishes they
could run solo but the steady money of a pool is to enticing. Well you can live through me I suppose via
this thread.
+1 to your last statement. Just popping in so I can watch for your updates.
Cheers
The writing appears to be on the wall. I do not see a BTC worth more then 5 dollars USD for many moons
to come. I will not say ever.. since that is a long time ;-)
to come. I will not say ever.. since that is a long time ;-)
At this point I think you're better off to find a solid dependable *PPS site, set that to your primary, find another one, set it to your secondary, and then forget about it for a while..
Nah. I have decided to try for 50 virgin coins. Bitcoin is worth so little it really does not matter to me
anymore. Making 3-4 dollars a day does not excite me very much so it is time to experiment.
I am at about 200,000+ difficulty 1 shares so far with no block found. So that is about 4.5 days worth
of mining with nothing to show for it. Mining at deepbit would have made about 5-6 BTC or so which is about
12-14 bucks.
I have a long ways to go to reach a million diff 1 shares. So I need to just have patience. I will probably run
this until I hit 2 million and if I do not find anything break down the rigs and sell them.
I will update this thread every once in a while with my results. I have a feeling everyone sorta wishes they
could run solo but the steady money of a pool is to enticing. Well you can live through me I suppose via
this thread.
The writing appears to be on the wall. I do not see a BTC worth more then 5 dollars USD for many moons
to come. I will not say ever.. since that is a long time ;-)
to come. I will not say ever.. since that is a long time ;-)
At this point I think you're better off to find a solid dependable *PPS site, set that to your primary, find another one, set it to your secondary, and then forget about it for a while..
I have been thinkin of goin solo with 2.4 gh/s. Put it this way. Diff is dropping. Mining at a pool for a month will get 30x1.5btc is 45btc. Or i can mine solo for a month and hope for a block of 50. Rough math here but it almost seems close to taking the risk now.
Well it makes more sense w/ 2.4 GH but I have 5x that and wouldn't consider solo mining UNLESS you have free electricity.
The variance is brutal
With 2.4 GH the chance you won't find even a single block
30 days - 50%
60 days - 25%
90 days - 13%
120 days - 6%
150 days - 3%
180 days - 2%
210 days - 1%
Your power costs are static and very much guaranteed. Now 1% is pretty low but it isn't die in a car crash or get struck by lightning low. It is just "I can't believe I racked up massive power bills and wasted 7 months of my life with not even a bitcent to show for it low".
If I were you and planning on going solo I would think about buying another rig. Personally I would want 20Gh/s (30 would be better) before going solo.
well i configured everything to solo mine today. i will leave it running and keep an eye on it for
24 hours.
I am at the point with BTC at 2.25ish... Making less then 3.50 a day.. might as well mine solo and hope for
a bigger payoff in 30 days or less.
More then likely it is time to wind down the miners and sell the stuff on ebay before it loses another 20%
of it's value.
The writing appears to be on the wall. I do not see a BTC worth more then 5 dollars USD for many moons
to come. I will not say ever.. since that is a long time ;-)
I meant what cards and how much hashing rate, how many blocks you have found etc.
I found 0 blocks with 50Gh/s
And my Camaro beats your Rustang.
My Firebird beats your Camarlone
My camaro turns into a giant yellow robot.
I had tried with 3x 6970s for a week before giving up. I guess you need a lot of patience and plenty of luck. Both of which I am lacking
I have been thinkin of goin solo with 2.4 gh/s. Put it this way. Diff is dropping. Mining at a pool for a month will get 30x1.5btc is 45btc. Or i can mine solo for a month and hope for a block of 50. Rough math here but it almost seems close to taking the risk now.
Well it makes more sense w/ 2.4 GH but I have 5x that and wouldn't consider solo mining UNLESS you have free electricity.
The variance is brutal
With 2.4 GH the chance you won't find even a single block
30 days - 50%
60 days - 25%
90 days - 13%
120 days - 6%
150 days - 3%
180 days - 2%
210 days - 1%
Your power costs are static and very much guaranteed. Now 1% is pretty low but it isn't die in a car crash or get struck by lightning low. It is just "I can't believe I racked up massive power bills and wasted 7 months of my life with not even a bitcent to show for it low".
If I were you and planning on going solo I would think about buying another rig. Personally I would want 20Gh/s (30 would be better) before going solo.
What miner are you using.
I have been thinkin of goin solo with 2.4 gh/s. Put it this way. Diff is dropping. Mining at a pool for a month will get 30x1.5btc is 45btc. Or i can mine solo for a month and hope for a block of 50. Rough math here but it almost seems close to taking the risk now.
I meant what cards and how much hashing rate, how many blocks you have found etc.
I found 0 blocks with 50Gh/s
And my Camaro beats your Rustang.
My Firebird beats your Camarlone
Um, solo setup.
Miners into switch talking to bitcoind? Is there more than that? Besides that, you know how it works. Luck.
I meant what cards and how much hashing rate, how many blocks you have found etc.
I found 0 blocks with 50Gh/s
And my Camaro beats your Rustang.
(97 cobra conv. here.)
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