[∞ YH] solo.ckpool.org 2% fee solo mining 256 blocks solved! - page 116.

brain brain

jr. member

Activity: 47

Merit: 4

Hi willi, please put me in for a second spot in Blockparty 26

Now my btc will have covered blockparties 25, 26, 26, 27, and 28

Thanks!
Anyone else want a second spot (or get on the list for the first time) so we can get #26 going?

Quote from: willi9974 on September 15, 2022, 01:14:31 AM

Back from vacation and can go further

Some seats free for the next group run to find a new block...

Currently we have 12 participants and 0.105 BTC collected.
Voting is on 25PHs, but we need a little more budget for that. For 20PHs it would be almost enough to create a one day / 24h mining run.

In this solo pool topic --> https://bitcointalksearch.org/topic/m.60762205
German / Englisch main topic --> https://bitcointalksearch.org/topic/groupbuy-solo-mining-blockparty-2022-number-26-5410047

willi9974

legendary

Activity: 3654

Merit: 3003

Enjoy 500% bonus + 70 FS

Take a look into our solo longtime topic. We run it since 9 months with 200 THs

https://bitcointalksearch.org/topic/groupbuy-solo-mining-blockparty-long-time-run-2022-5381245

soul_trader

newbie

Activity: 73

Merit: 0

For instance,it took me several minutes to get 409296737905.

soul_trader

newbie

Activity: 73

Merit: 0

Quote from: crypto_curious on September 21, 2022, 02:22:11 PM

Quote from: soul_trader on September 21, 2022, 10:47:35 AM

So how it works?One of a sudden shares becomes 14 digit?

You have to be more specific, no one knows what do you mean.

I mean how a small miner can achieve that difficulty in short term? Whereas more capacity THs work ages to get that.

Sledge0001

full member

Activity: 633

Merit: 159

Quote from: jack1cryptotalk007 on September 21, 2022, 04:20:24 PM

1 PH/s mining machine has a chonce to hit BTC during 20 days run. Less than 1 PH/s mining machine
got tiny or no chance to hit BTC during 1 year run as expectation.

Not sure your calculations are correct.

https://solochance.com/
Shows that 1PH gets you these odds / chances of finding a block:
Chance per block: 1 in 223,018
Chance per day: 1 in 1,549
Time estimate: 4 years

100PH gets you these odds / chances of finding a block:
Chance per block: 1 in 2,214
Chance per day: 1 in 15
Time estimate: 15 days

jack1cryptotalk007

member

Activity: 60

Merit: 20

Quote from: soul_trader on September 21, 2022, 01:56:22 AM

Do you think i will ever hit a block with 100TH during a year?

Mining BTC is the same like buy lottery ticket.

Let presume 1 TH/s mining machine is a lottery ticket. 100 TH/s mining machine are 100 lottery tickets.
1 PH/s mining machine seem got 1000 lottery tickets. Next is how many numbers on a lottery tickets?
risk/reward? Cost/Profit on a long run?

1 PH/s mining machine has a chonce to hit BTC during 20 days run. Less than 1 PH/s mining machine
got tiny or no chance to hit BTC during 1 year run as expectation.

crypto_curious

full member

Activity: 933

Merit: 175

Quote from: soul_trader on September 21, 2022, 10:47:35 AM

So how it works?One of a sudden shares becomes 14 digit?

You have to be more specific, no one knows what do you mean.

soul_trader

newbie

Activity: 73

Merit: 0

So how it works?One of a sudden shares becomes 14 digit?

nullama

hero member

Activity: 1008

Merit: 960

Quote from: soul_trader on September 21, 2022, 01:56:22 AM

Do you think i will ever hit a block with 100TH during a year?

It's not very probable at all, but you have a non-zero chance of hitting a block, same as every other miner out there...

For example, another user here, Sledge0001, hit a block with one of his USB miners, which in total were hashing at 8.3TH/s: https://bitcointalksearch.org/topic/m.59084637

You can read more about solo miners finding blocks here: https://bitcoinmagazine.com/business/how-small-solo-miners-solve-bitcoin-blocks

soul_trader

newbie

Activity: 73

Merit: 0

Do you think i will ever hit a block with 100TH during a year?

rasmukri

jr. member

Activity: 56

Merit: 4

Quote from: decryptit on September 20, 2022, 09:54:20 PM

Quote from: philipma1957 on September 10, 2022, 08:08:07 AM

guys watch this clip

https://www.youtube.com/watch?v=oPwrodxghrw

all luck on this pool has no meaning unless you hit a block.

Now once you grab a block it is a different story. then you can decide if I was worth it.

Ie did you spend more than 6.25 btc to grab a 6.25 btc block is the only real meaning for solo mining.

Who's spending that much btc to grab the same amount of btc though? As long as btc price stays high, there will be plenty of solo miners left.

Yeah it's all true, hell if you go back enough pages you'll see where I found a block but it was at the exact moment the server was updating and I missed out on 12.5 BTC. I'm still salty about that and I don't think I'll ever get over it. But I still have a single S9 pointed to this solo pool until March when I sell all my mining equipment because I'm moving and won't have free power anymore.

decryptit

member

Activity: 100

Merit: 15

Quote from: philipma1957 on September 10, 2022, 08:08:07 AM

guys watch this clip

https://www.youtube.com/watch?v=oPwrodxghrw

all luck on this pool has no meaning unless you hit a block.

Now once you grab a block it is a different story. then you can decide if I was worth it.

Ie did you spend more than 6.25 btc to grab a 6.25 btc block is the only real meaning for solo mining.

Who's spending that much btc to grab the same amount of btc though? As long as btc price stays high, there will be plenty of solo miners left.

brain brain

jr. member

Activity: 47

Merit: 4

Quote from: willi9974 on September 15, 2022, 01:14:31 AM

Back from vacation and can go further

Some seats free for the next group run to find a new block...

Currently we have 12 participants and 0.105 BTC collected.
Voting is on 25PHs, but we need a little more budget for that. For 20PHs it would be almost enough to create a one day / 24h mining run.

Welcome back! I'm excited for the next run

Anyone want to pick up the remaining space?

willi9974

legendary

Activity: 3654

Merit: 3003

Enjoy 500% bonus + 70 FS

Back from vacation and can go further

Some seats free for the next group run to find a new block...

Currently we have 12 participants and 0.105 BTC collected.
Voting is on 25PHs, but we need a little more budget for that. For 20PHs it would be almost enough to create a one day / 24h mining run.

In this solo pool topic --> https://bitcointalksearch.org/topic/m.60762205
German / Englisch main topic --> https://bitcointalksearch.org/topic/groupbuy-solo-mining-blockparty-2022-number-26-5410047

Many greetings
Willi

crypto_curious

full member

Activity: 933

Merit: 175

Quote from: hZti on September 13, 2022, 06:00:36 AM

Is there a reason that the fees are 2% on this solo pool, while the fees a kano.is are much lower?
I ask this question because I do not understand why this pool is so popular if there are equal much cheaper pools.

Kano pool contains Kano's personality discount adjustment. He is an aggressive and unbearable member of this community, he has lower fees on his pool to attract any users. Even with 2x lower fees, his pool isn't even close to Con Kolivas's pool, who is a very well respected member, volunteer, developer and contributor not just to Bitcoin but to the entire open source movement.

Quote from: zhzz on September 13, 2022, 05:15:23 PM

Quote from: crypto_curious on September 11, 2022, 11:08:04 AM

New update to my personal Telegram bot[/img]

Is the telegram bot public? The stats page doesn't do it for me.

Stats page doesn't do that. I very much would like to see that though, it costs nothing to calculate!
At the moment, its in my personal Telegram bot which sends me stats every day. Formula I use is as follows:

Luck = shares as seen on my personal solo pool page / current Bitcoin difficulty * 100%
Bestever luck = bestever as seen on my personal solo pool page / current Bitcoin difficulty * 100%

I get shares and bestever via wget, and difficulty straight from local bitcoind. Result:

Code:

Apollo Miner
Hashrate: 1999 GH/s
Error rate: 0.3%
Power draw: 126 W
Temperature: 54°C
Fan: 2123 RPM
Uptime: 1d:7h:16m 
Process memory: 4.2 MiB

Solo CKpool stats
7d hashrate: 2.07TH/s
1d hashrate: 1.86TH/s
Luck: 0.04%
Bestever luck: 0.13%

Hashedbet

jr. member

Activity: 34

Merit: 15

Quote from: Hashedbet on September 09, 2022, 06:05:11 AM

(network difficulty / shares submitted) * 100

Whoops, my bad, seems my dyslexia kicked in.. but yeah most of you already know, how its calculated.. Tongue

so guess not a big deal

zhzz

jr. member

Activity: 156

Merit: 7

Quote from: crypto_curious on September 11, 2022, 11:08:04 AM

New update to my personal Telegram bot[/img]

Is the telegram bot public? The stats page doesn't do it for me.

mikeywith

legendary

Activity: 2436

Merit: 6643

be constructive or S.T.F.U

Quote from: hZti on September 13, 2022, 06:00:36 AM

Is there a reason that the fees are 2% on this solo pool, while the fees a kano.is are much lower?
I ask this question because I do not understand why this pool is so popular if there are equal much cheaper pools.

I assume that many miners think that "When you hit a whole block, does it really matter if you give 2% vs 1% or even no fee at all?" Cheesy

, .

But then the answer to your question is rather difficult, Ck solo pool has been here for years, as it says in the title that it found 267 blocks so far, Kano's solo pool is relatively new, and as far as I know, no block was hit there yet, and you know it takes time for something new to be as popular.

Also, this pool requires no registration or login, you just use your BTC address which is pretty damn convenient.

Another reason could be "personal reasons" regarding the pools' owners themselves.

There are probably many other reasons, it's the same question as why many of us use Viabtc and pay 4% instead of using Poolin/Binance with only 2-2.5%, it's not just about the fees.

hZti

hero member

Activity: 1050

Merit: 642

Magic

Is there a reason that the fees are 2% on this solo pool, while the fees a kano.is are much lower?
I ask this question because I do not understand why this pool is so popular if there are equal much cheaper pools.

crypto_curious

full member

Activity: 933

Merit: 175

New update to my personal Telegram bot - I added pool stats: hashrate and luck display 🥰

Topic: [∞ YH] solo.ckpool.org 2% fee solo mining 256 blocks solved! - page 116. (Read 105584 times)