Topic: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 251 blocks solved! - page 406. (Read 1514501 times)
April 21, 2015, 04:57:47 PM
Found an old U1, guess it wouldn't hurt to point it here
April 21, 2015, 03:05:41 PM
Guys using pool btc calculator http://tradebtc.net/bitcalc.php
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block.
It might just be me but it doesn't seem that far fetched for a 300ghs machine submiting 4,190.9516 shares/min to have a decent chance at finding a block.
another question if the difficulty is 47 billion is there in turn 47 billion diffrent shares? or is every share a random number that just appears after it is hashed?
say i hash 1 share and it is 30,230 can someone else find the same 30,230 share or is there only one until the block is solved?
April 20, 2015, 11:28:15 PM
It might just be me but it doesn't seem that far fetched for a 300ghs machine submiting 4,190.9516 shares/min to have a decent chance at finding a block.
another question if the difficulty is 47 billion is there in turn 47 billion diffrent shares? or is every share a random number that just appears after it is hashed?
say i hash 1 share and it is 30,230 can someone else find the same 30,230 share or is there only one until the block is solved?
Rougly calculated 4190 diff1 shares per minute and Difficulty at 49 billion leads to 7789 days to find a block or 21 years; depends on what you call decent
As for the shares that you hash, those are random hence the luck involved in mining (more hashrate means more shares calculated which means more chances to get lucky).
April 20, 2015, 10:54:43 PM
I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested.
The power cost is missing if he rents power is 0. If he mines power is ?
Power cost is the main reason for renting my electricity rate is .13 in nj
I'm double that in California, but I enjoy the hardware aspect of mining, too. (obviously I don't mine for profit)
April 20, 2015, 10:52:15 PM
Guys using pool btc calculator http://tradebtc.net/bitcalc.php
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block.
It might just be me but it doesn't seem that far fetched for a 300ghs machine submiting 4,190.9516 shares/min to have a decent chance at finding a block.
another question if the difficulty is 47 billion is there in turn 47 billion diffrent shares? or is every share a random number that just appears after it is hashed?
say i hash 1 share and it is 30,230 can someone else find the same 30,230 share or is there only one until the block is solved?
April 20, 2015, 10:46:44 PM
I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested.
The power cost is missing if he rents power is 0. If he mines power is ?
Power cost is the main reason for renting my electricity rate is .13 in nj
April 20, 2015, 07:54:31 PM
Guys using pool btc calculator http://tradebtc.net/bitcalc.php
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block.
Ok, I see what you did in the explanation: Each 1 diff share has 1 in [network difficulty] chance of finding a block. I missed the 1 diff part of the post I replied to. 1 difficulty being the key, because depending what your miner difficulty is in the pool results in how many shares (at that diff) you submit.
Correct?
A higher diff N share has N chances in D (network diff) of being a block. Though it is still 1 share.
April 20, 2015, 07:38:29 PM
Guys using pool btc calculator http://tradebtc.net/bitcalc.php
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block.
Hum, I'm surprised, I would have thought each 1-diff share has (MAX_DIFF - CURRENT_DIFF) in MAX_DIFF chance of finding a block, since share diff must be above current diff, not exactly current diff. Now I wonder what is the MAX_DIFF...
April 20, 2015, 06:35:45 PM
Guys using pool btc calculator http://tradebtc.net/bitcalc.php
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block.
Ok, I see what you did in the explanation: Each 1 diff share has 1 in [network difficulty] chance of finding a block. I missed the 1 diff part of the post I replied to. 1 difficulty being the key, because depending what your miner difficulty is in the pool results in how many shares (at that diff) you submit.
Correct?
April 20, 2015, 06:15:49 PM
I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested.
The power cost is missing if he rents power is 0. If he mines power is ?
Well he's not going to make his $54 back either way, so better off to own your own hardware.
not if he mines it here. but in general owning is better then renting as he can sell it off later on.
heck if he buys from you mines here for 2 months never hits but coins jump to 1000 he can sell your gear at a profit.
April 20, 2015, 06:12:13 PM
Guys using pool btc calculator http://tradebtc.net/bitcalc.php
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
Yes it does mean that. That's the correlation between diff and shares. Each 1 diff share has 1 in 47billion chance of finding a block.
April 20, 2015, 02:43:14 PM
I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested.
The power cost is missing if he rents power is 0. If he mines power is ?
Well he's not going to make his $54 back either way, so better off to own your own hardware.
April 20, 2015, 02:37:01 PM
I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested.
The power cost is missing if he rents power is 0. If he mines power is ?
April 20, 2015, 01:35:41 PM
I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
You could buy a used S1 for about that and have 200ghs for as long as you want. I'll sell you one + psu if interested.
April 20, 2015, 01:34:43 PM
All shares submitted does is shows the pool you are working to solve the block. The number submitted has to do with the difficulty you are mining to the pool at. It has nothing to do with the odds of solving a block.
April 20, 2015, 12:34:46 PM
Guys using pool btc calculator http://tradebtc.net/bitcalc.php
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
tia
i entered 4ths and i got this
Your Average 1diff Shares per Minute: 55,879.3545 shares/min
does that means 4ths power has 55,879 in 47,610,564,513 (current difficutly) chances a minute to find a block of bitcoins?
tia
April 20, 2015, 11:46:28 AM
I just saw i could rent about 125ghs for around $54 for 4 months not a bad lotto ticket.
April 20, 2015, 11:14:44 AM
Guys i have some questions on odds.
if i rent say a 300Ghs rig for one day. Does it submit shares every few minutes or seconds?
Say 5000 shares every 10 seconds would be 5000 to 47,610,564,513.5 odds of finding a block every 10 seconds?
anyone have a idea the average shares submitted every 10 seconds for a 300Ghs rig rented?
Or am i going about this wrong and missing something?
Also about shares is it kinda like there is 47,610,564,513.5 red shares out there and only one is the right one lets call it green share that we have to find? and that gives us odds of 1 in 47,610,564,513.5?
Tia
if i rent say a 300Ghs rig for one day. Does it submit shares every few minutes or seconds?
Say 5000 shares every 10 seconds would be 5000 to 47,610,564,513.5 odds of finding a block every 10 seconds?
anyone have a idea the average shares submitted every 10 seconds for a 300Ghs rig rented?
Or am i going about this wrong and missing something?
Also about shares is it kinda like there is 47,610,564,513.5 red shares out there and only one is the right one lets call it green share that we have to find? and that gives us odds of 1 in 47,610,564,513.5?
Tia
I didn't think shares were that important
Say the hashrate is 350ph/s
3500 th/s would be 1% of the total hashrate of the coin, giving you a 1% chance of hitting a block, over a 24 hour period there is on average 144 blocks solved, giving the person a pretty good chance of hitting a block in that 24 hours, Althou remember its maths , so it could happen were someone with 3500 th/s is mining for 3 days and hits nothing, This would be very unlucky thou with 1% total hashrate
if you wanna work out other chances start from there, so we would say 350 th/s , would be 1 in 1000 chance , you have 1 1000th of the total hashrate, which would give you a 1 in 1000 chance every block, because you will be mining for 24 hours and solving around 144 blocks . so you would have 144 chance at 1 in 1000 , 1000 divided by 144 gives you just a little less than 1 in 7 chance in that total 24 hour period of hitting a block
April 20, 2015, 09:18:39 AM
Guys i have some questions on odds.
if i rent say a 300Ghs rig for one day. Does it submit shares every few minutes or seconds?
Say 5000 shares every 10 seconds would be 5000 to 47,610,564,513.5 odds of finding a block every 10 seconds?
anyone have a idea the average shares submitted every 10 seconds for a 300Ghs rig rented?
Or am i going about this wrong and missing something?
Also about shares is it kinda like there is 47,610,564,513.5 red shares out there and only one is the right one lets call it green share that we have to find? and that gives us odds of 1 in 47,610,564,513.5?
Tia
if i rent say a 300Ghs rig for one day. Does it submit shares every few minutes or seconds?
Say 5000 shares every 10 seconds would be 5000 to 47,610,564,513.5 odds of finding a block every 10 seconds?
anyone have a idea the average shares submitted every 10 seconds for a 300Ghs rig rented?
Or am i going about this wrong and missing something?
Also about shares is it kinda like there is 47,610,564,513.5 red shares out there and only one is the right one lets call it green share that we have to find? and that gives us odds of 1 in 47,610,564,513.5?
Tia
April 20, 2015, 12:41:28 AM
Thanks all for the info. This is addicting lol
Well you can work out the expected average time pretty accurately This is addicting lolExpected average time to find a block for 10THs is ~236days 16.25hr
So chances over 1 day is 1 in ~237
Can look it up on many web sites - including one of mine
http://tradebtc.net/bitcalc.phpThe expected time is of course based on the difficulty which is currently:
D=47,610,564,513.5
So to make that many shares with T=10THs will take: D*(2^32)/T/10^12 seconds.
So that comes up with ~237 days is (currently) the expected average time for 10THs to find a block, so for 1 day of course that's 1 chance in ~237
thanks for a more accurate prediction i was using idiot maths (rounding up and down whenever)
that's much better odds than i thought
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