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Topic: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 251 blocks solved! - page 424. (Read 1514501 times)

hero member
Activity: 857
Merit: 1000
Anger is a gift.
You gotta time the pool is going down today?
legendary
Activity: 1904
Merit: 1007
How long does it take to solve a block on average?

Approximately ten minutes. Depends on whether the network is increasing or decreasing in size.


Nice reply  Grin
donator
Activity: 2058
Merit: 1007
Poor impulse control.
How long does it take to solve a block on average?

Approximately ten minutes. Depends on whether the network is increasing or decreasing in size.


Thankyou Smiley

I should probably have written "On average approximately 10 minutes, depending on whether the network is increasing or decreasing in size.", because the variance in time take for a block to be solved is very large. It could take hours or seconds, but on average around ten minutes - less if the network is increasing in hashrate, more if the network is decreasing in hashrate.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
So if I rent on WestHash I should just choose to not limit the hashing power because it doesn't make a difference in the chance i solve a block. due to the same amount of hashes?  
The 'number' of hashes determines the chance of finding a block.

If you run 10TH/s for 1 hour - that = 10TH x 3600 seconds or a total of 36PH
If you run 360TH/s for 10 seconds - that = 360TH x 10 seconds or a total of 3.6PH

The expected average Diff to find a block is currently 46684376316.86029053
1 Diff = 2^32 Hashes or ~4.3GH

So currently the expected average number of Hashes to find a block is ~2.0x10^20H or ~201EH = ~201000PH

Note above where I have said "GH" or "TH" or "PH" that is a total number of Hashes
Where as "TH/s" is a number of Hashes per second
newbie
Activity: 21
Merit: 0
So if I rent on WestHash I should just choose to not limit the hashing power because it doesn't make a difference in the chance i solve a block. due to the same amount of hashes? 
legendary
Activity: 1414
Merit: 1077
How long does it take to solve a block on average?

Approximately ten minutes. Depends on whether the network is increasing or decreasing in size.


Thankyou Smiley
donator
Activity: 2058
Merit: 1007
Poor impulse control.
How long does it take to solve a block on average?

Approximately ten minutes. Depends on whether the network is increasing or decreasing in size.
legendary
Activity: 1414
Merit: 1077
How long does it take to solve a block on average?
legendary
Activity: 1610
Merit: 1000
Thanks just ended without results
best share remained the same as in the previous post so I thing I needed at least the double as
best share to find a block...
hopefully next week now...
good luck to all

Silly question within the same difficulty period does it have any difference that
you rent for instance 200 ths for one hour or 400ths for 30mins
I think it does not matter when diff is same. It is just a proportional relation. But from physiological point of view it is like 200 th for one hour gives you the impression that chances are beter because it is whole hour Wink
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
Silly question within the same difficulty period does it have any difference that
you rent for instance 200 ths for one hour or 400ths for 30mins
No, you calculate the same number of hashes.

edit: and ofcourse congrats to the new blockfinder!

I don't think the answer is that simple, because you have to factor in the number of blocks you're working to solve as well.  You'll have the same number of hashes spread out over more blocks with 200/1, whereas 400/.5 will have that number of hashes over half as many blocks, so twice as many hash calcs per block.  Therefore you should have a better chance with more power over a shorter duration.

Gws24 is right, what matters is the number of hashes you calculate.  The number of blocks on which you work won't do a difference on the chance of finding a valid hash.  The number of hashes makes a difference.


Correct.  Assume for a moment that you control the entire hash rate of the network right now and that hash rate remains constant.  By design you should find a block every 10 minutes.  If you control 1/6th of the network, you should find a block every hour, etc.  Statistically if you rent 2.321PH/s for 24 hours or 1.16PH/s for 48 hours, you'd expect to find 1 block.

EDIT: Note, this assumes there is no change in network difficulty during this time frame.
full member
Activity: 237
Merit: 100
Smile while thinking.
Silly question within the same difficulty period does it have any difference that
you rent for instance 200 ths for one hour or 400ths for 30mins
No, you calculate the same number of hashes.

edit: and ofcourse congrats to the new blockfinder!

I don't think the answer is that simple, because you have to factor in the number of blocks you're working to solve as well.  You'll have the same number of hashes spread out over more blocks with 200/1, whereas 400/.5 will have that number of hashes over half as many blocks, so twice as many hash calcs per block.  Therefore you should have a better chance with more power over a shorter duration.

Gws24 is right, what matters is the number of hashes you calculate.  The number of blocks on which you work won't do a difference on the chance of finding a valid hash.  The number of hashes makes a difference.

legendary
Activity: 1274
Merit: 1000
Silly question within the same difficulty period does it have any difference that
you rent for instance 200 ths for one hour or 400ths for 30mins
No, you calculate the same number of hashes.

edit: and ofcourse congrats to the new blockfinder!

I don't think the answer is that simple, because you have to factor in the number of blocks you're working to solve as well.  You'll have the same number of hashes spread out over more blocks with 200/1, whereas 400/.5 will have that number of hashes over half as many blocks, so twice as many hash calcs per block.  Therefore you should have a better chance with more power over a shorter duration.
hero member
Activity: 537
Merit: 524
No, you calculate the same number of hashes.

edit: and ofcourse congrats to the new blockfinder!
legendary
Activity: 1036
Merit: 1000
Thanks just ended without results
best share remained the same as in the previous post so I thing I needed at least the double as
best share to find a block...
hopefully next week now...
good luck to all

Silly question within the same difficulty period does it have any difference that
you rent for instance 200 ths for one hour or 400ths for 30mins
legendary
Activity: 1610
Merit: 1000
YET another 200 ths for one hour!!!

{"hashrate1m": "282T", "hashrate5m": "225T", "hashrate1hr": "51.1T", "hashrate1d": "2.41T", "hashrate7d": "346G", "lastupdate": 1425655481, "workers": 4, "bestshare": 1093924725.3078001}


Good luck!
legendary
Activity: 1036
Merit: 1000
YET another 200 ths for one hour!!!

{"hashrate1m": "282T", "hashrate5m": "225T", "hashrate1hr": "51.1T", "hashrate1d": "2.41T", "hashrate7d": "346G", "lastupdate": 1425655481, "workers": 4, "bestshare": 1093924725.3078001}
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
Hi all, just a reminder about the vps provider scheduled downtime for this pool which is due ~36 hours from now. Please have failover pools set up as the actual duration of downtime won't be known in advance and may be many minutes.
full member
Activity: 237
Merit: 100
Smile while thinking.
Congratulations to 1LjJJS3rbo91FEdbY6o7YoVEEwkEtb7WZh with ~120TH at time of block solve!

Congrats!  First-time block solver on the pool, I wonder if it was rented hashpower.

Ok, my turn now.

full member
Activity: 176
Merit: 110
Congratulations to 1LjJJS3rbo91FEdbY6o7YoVEEwkEtb7WZh with ~120TH at time of block solve!

Congrats!  And with only about 1000x the hash power I have... Smiley

Best get renting, its the future lol

Roll on Payday as I'm starting to feel left out.
legendary
Activity: 1274
Merit: 1000
Congratulations to 1LjJJS3rbo91FEdbY6o7YoVEEwkEtb7WZh with ~120TH at time of block solve!

Congrats!  And with only about 1000x the hash power I have... Smiley
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