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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4188. (Read 26714050 times)

legendary
Activity: 3388
Merit: 3514
born once atheist


Fun fact…
I used to solo mine a shitcoin that could only be solo mined, no pools.
I did okay. Usually found about 5 blocks a day on average (about 2$ worth)with a 750ti.
Traded em all for bitcoin at end of every month. Fun stuff and kept me amused…


couldn't help myself!

Hey! Batslappening is Jay’s job!

sr. member
Activity: 434
Merit: 511
The more solo mining, the better it is for the network.
Correct me If i am wrong?

How do you know it is solo mining?



If you look at the posts above it you can see its about this twitter post:


Where it says these solo miners are lucky, but if you want to know how to see if they are solo mining or not?

You can find that all in the blockchain, lets say the the bitcoin address that receives those bitcoins is a wallet operated by one person.
Or that the wallet is paying out to a lot of users that are mining in a pool, most big pool wallets are known addresses I assume as well.
legendary
Activity: 3431
Merit: 1233
The more solo mining, the better it is for the network.
Correct me If i am wrong?

How do you know it is solo mining?

legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
This is a very unlikely event:



Probably some guy with a block erupter plugged into his PC and forgotten. Man he's probably trying to find his wallet right now....
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3620
Merit: 4813
Quote
Tonga to copy El Salvador’s bill making Bitcoin legal tender, says former MP.

In a ruling that is “almost identical to the El Salvador bill,” Tongan bigwig Lord Fusitu’a anticipates that his country could adopt Bitcoin by November.

https://cointelegraph.com/news/tonga-to-copy-el-salvador-bill-making-bitcoin-legal-tender-says-former-mp
legendary
Activity: 2520
Merit: 3038
Attaboy CB... but don't slack. Sandwiches in due time. TYVM.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
FWIW a firefox FORK like waterfox might be my answer.  I would love to trim the bloat anyway.

As to all these solo blocks appearing.  Umm.  We are sure of these miner's hashrate? Truly in the single Whatsminer sort of range?

I keep waiting for some giant chip fab entity (ie Samsung, Motorolla, Intel, AMD, Nvidea etc) developing a SHA256 ASIC on the down-low and starting to test them... I do not know enough about this tech/market to know if this is a possibility, but my gut thinks so.  But I do not think it is impossible that some chip maker could get a quick ROI testing (Butterfly Labs style) a brand new ASIC.  The financial incentive for this is crazy high.

The fucking political garbage being fronted by Firefox and Wikimedia will hold us back.

See how these two threads tie together?
legendary
Activity: 2520
Merit: 3038
Bad looking candle ahead.
Is it just the weekend?
I remember reading about an uncommonly large batch of options expiring tomorrow.
(Uncommonly large for a generic Friday, not the month's last one).
I vaguely recall reading about max pain being at 44k.
Can anyone confirm?
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Good morning Bitcoinland.

Bouncing along in the mid-$4xxxx range... currently $43463USD/$54157CAD (Bitcoinaverage).

Ho hum.

If you're not political you should ignore the noise, uninstall Chrome/Edge/etc and support Firefox. Seriously, most of the other browsers are a steaming pile of garbage developed by the largest spyware company in the world.

If it's not open source, I'm not interested.

I assume the code is scrutinized regularly to make sure they're not committing the kind of atrocities that the Evil Empire (Google, Apple, Facebook, Microsoft, etc.) are guilty of.

Frankly, IDGAF about some silly politics. Politics is for losers.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3654
Merit: 8909
https://bpip.org
The more solo mining, the better it is for the network.
Correct me If i am wrong?

Decentralization, in theory, yes. In practice the ability to mine in pools encourages more small miners to participate so I'd say that outweighs the negligible chance that e.g. pools might try to cut the branch they're sitting on by colluding or otherwise trying to harm the network.

What I mean is: if I mine with 100 S19Pro, each one of them can be possibly considered by them a different miner?
Or maybe it’s my decision if enter with one account with 100 miners, or 100 with a single one?

You can choose to group your miners however you want. That's no different from mining in a regular pool or mining "real" solo completely on your own (without ck). However the pool operator can see your IP so they would have some idea which miners are related.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23

They can't possibly do a "stunt" like that unless they gift 6+ BTC to random strangers.

CK solo pool has existed for years and a couple of lucky blocks don't change anything.

https://btc.com/stats/pool/Solo%20CK
What I mean is: if I mine with 100 S19Pro, each one of them can be possibly considered by them a different miner?
Or maybe it’s my decision if enter with one account with 100 miners, or 100 with a single one?
copper member
Activity: 1512
Merit: 1651
Bitcoin Bottom was at $15.4k
The more solo mining, the better it is for the network.
Correct me If i am wrong?
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Well perhaps I am more political than I pretend Wink  But I will most likely be switching to DDG, I think, which I would assume is Chromium based.

DDG is probably ok, although personally I prefer Tor Browser and thus have a vested interest in keeping Firefox alive Smiley

Miners in this pools looking all like solo miners?

If you're talking about solo.ckpool.org, that's a solo pool so the entire premise is that each miner mines individually for themselves, the pool just facilitates the logistics.

A marketing stunt from the pool operators trying to lure miners in their pools?

I guess it is this.
Funnily enough I thought miners being the most rational agents, not easily fooled.
We will see…

They can't possibly do a "stunt" like that unless they gift 6+ BTC to random strangers.

CK solo pool has existed for years and a couple of lucky blocks don't change anything.

https://btc.com/stats/pool/Solo%20CK
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23

Any mining expert can disclose how many machines or how much it currently would cost to set up a mining arrangement that produces 126 Terahashes (TH) of mining power?
The Bitmain S19 has 110Th/s

On average if you solo mined with one Bitmain S19 (110TH) you would find a block about once every 30 years (assuming current difficulty stays constant, which it won’t )


Something strange has just happened:



This is a very unlikely event:



What is this?
Incredible luck?
Miners in this pools looking all like solo miners?
A marketing stunt from the pool operators trying to lure miners in their pools?

I guess it is this.
Funnily enough I thought miners being the most rational agents, not easily fooled.
We will see…

legendary
Activity: 1612
Merit: 1608
精神分析的爸
why not play 2 or 3 or 4 or even 10 dollars a day at a long shot when you earn the safe mining.  and the long shot mine plays way better then the cost. just takes time.

I know it's a rhetorical question, but if anyone cares - variance is the answer to "why not". The 1:3664 chance for the pool to find a block means it would take 10 years on average, but it's not a 100% chance in 10 years. I'm too lazy to calculate now but there's probably like a 10% chance that it won't hit a block in 20 years.

I'm not saying this is a wrong strategy - like you said, compared to casino gambling you have an edge here as long as the cost/difficulty ratio is favorable. It's still a massive gamble though.

I am not a very political person.  Some would say I am lacking principal.  But I will be uninstalling Firefox for sure.  Not sure what that accomplishes.  But I do not want to have ANYTHING to do with supporting the sorts of garbage they seem to be supporting.

If you're not political you should ignore the noise, uninstall Chrome/Edge/etc and support Firefox. Seriously, most of the other browsers are a steaming pile of garbage developed by the largest spyware company in the world.

Well perhaps I am more political than I pretend Wink  But I will most likely be switching to DDG, I think, which I would assume is Chromium based.

Maybe give waterfox a whirl, it's definitley a good alternative to bloated firefox.
Though I agree with suchmoon, it's probably the much lesser evil compared to any Google or Microsoft browser (though it really starts to annoy the crap out of me lately with its constant changes on updates).

Actually the wikipedia guys try to catch the same ESG train recently:

https://meta.wikimedia.org/wiki/Requests_for_comment/Stop_accepting_cryptocurrency_donations

Only few understand that BTC actually helps renewable and green energy by using that energy when nobody else does/wants to.



running satellite internet here so ill toss my numbers out: 100ms ping on average, 45/3 mbits down/up. i generally get under 1% stales/invalids mining an unmentionable batman slap inducing shitcoin.

Thanks vapourminer, I did use 1s to simplify the comparison, but if I would have had to pull numbers out of thin air, I would have estimated it to be in the 200-500ms range nowadays. 100ms is pretty cool for a sat link IMO.

May I ask about provider, cost and traffic limits if opsec allows?
legendary
Activity: 2145
Merit: 1660
We choose to go to the moon
But I will be uninstalling Firefox for sure.  Not sure what that accomplishes.

Google is 1000x more evil.


Just sayin'
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
why not play 2 or 3 or 4 or even 10 dollars a day at a long shot when you earn the safe mining.  and the long shot mine plays way better then the cost. just takes time.

I know it's a rhetorical question, but if anyone cares - variance is the answer to "why not". The 1:3664 chance for the pool to find a block means it would take 10 years on average, but it's not a 100% chance in 10 years. I'm too lazy to calculate now but there's probably like a 10% chance that it won't hit a block in 20 years.

I'm not saying this is a wrong strategy - like you said, compared to casino gambling you have an edge here as long as the cost/difficulty ratio is favorable. It's still a massive gamble though.

I am not a very political person.  Some would say I am lacking principal.  But I will be uninstalling Firefox for sure.  Not sure what that accomplishes.  But I do not want to have ANYTHING to do with supporting the sorts of garbage they seem to be supporting.

If you're not political you should ignore the noise, uninstall Chrome/Edge/etc and support Firefox. Seriously, most of the other browsers are a steaming pile of garbage developed by the largest spyware company in the world.

No it is a low cost high risk high yield investment

a massive  gamble would be playing the 1300th at solo  vs the 15th at solo.

 a lot of people fail to understand the principle of

low cost high risk high yield investment

they think it is a gamble.

there is a huge difference playing

say NY lotto pick it a 10000 to 1 shot that pays  5000 to 1 = gambling don't do this

or a solo pool that is a 10000 to 1 shot  that  pays 30000 to 1   = low cost high risk high yield investment  do this

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