Topic: [∞ YH] solo.ckpool.org 2% fee solo mining 256 blocks solved! - page 68. (Read 102344 times)
Just a little bit, who will be the next lucky one?
Pool restart due for a couple of hours. My fee payout address will change but otherwise no change will be visible to users. As always, I expect downtime to be negligible and virtually imperceptible to miners.
The pool has been restarted. The solo fee address is now bc1q28kkr5hk4gnqe3evma6runjrd2pvqyp8fpwfzu . The only other change made is that stratum updates are now sent every 30 seconds, which updates transactions more often. There should be no visible change to users.Mine on!
Hope we find a lot blocks more.
Many thanks from my side and all the Blockparty member
Willi
Pool restart due for a couple of hours. My fee payout address will change but otherwise no change will be visible to users. As always, I expect downtime to be negligible and virtually imperceptible to miners.
The pool has been restarted. The solo fee address is now bc1q28kkr5hk4gnqe3evma6runjrd2pvqyp8fpwfzu . The only other change made is that stratum updates are now sent every 30 seconds, which updates transactions more often. There should be no visible change to users.Mine on!
Hope we find a lot blocks more.
Many thanks from my side and all the Blockparty member
Willi
Does anybody have a link to setting up a Jade Wallet? I'm using a ESP32 with CH9102F chip Lilygo to set up as a Jade wallet but to also solo mine? TYIA.
Pool restart due for a couple of hours. My fee payout address will change but otherwise no change will be visible to users. As always, I expect downtime to be negligible and virtually imperceptible to miners.
The pool has been restarted. The solo fee address is now bc1q28kkr5hk4gnqe3evma6runjrd2pvqyp8fpwfzu . The only other change made is that stratum updates are now sent every 30 seconds, which updates transactions more often. There should be no visible change to users.Mine on!
Pool restart due for a couple of hours. My fee payout address will change but otherwise no change will be visible to users. As always, I expect downtime to be negligible and virtually imperceptible to miners.
Sometimes it is very interesting that after people are hit, the computing power will disappear. Should it be better to rent equipment or change addresses?
Well 6.86 btc is a decent amount of wealth
I think for many it would completely change their life.
For me honestly it would be nice, but I live in the USA and $185,000 cash is going to be reported and taxed like mad.
So it is about 100,000 after tax.
That would mean I need to cash 3 of the 6.86 just for taxes. Only leaving me 3.86 btc clean.
I would likely cash .86 for spending on various stuff.
Which mean I could hold 3 coins and have about 23,000 to spend.
I am sure many don't want people to know they have that much extra wealth some places it is a lot of wealth.
Aren't there yearly tax thresholds in the US?
Doesn't BTC only get taxed once you convert it to fiat?
Wouldn't it be better to keep the BTC as BTC and draw from it yearly keeping just below the tax threshold using it like a savings account to be drawn from rather than taking it all in one hit.
Surely, that way you get to keep more of your winnings...?
If I hit that block (I did not) it was 6.86 btc at say 26,000k or 6.86 x 26,000 = $178,360.00 all reportable income.
I could claim power spent on say 1 s-9 and price for the s-9 = a few hundred . So say I drop to 178,000 profit. All reportable now for 2023.
Yeah I could illegally mine to a hidden address (not hidden anymore in terms that it collected 178,000K)
But I owe taxes for the 2023 tax year technically payable by sept 15
(Estimated tax payment deadlines are usually April 15, June 15, Sept. 15, and Jan. 15 of the following year, with occasional adjustments to the next business day for holidays). You could argue that June 15th dates covers income up to June 1.
I don't know the guy, but I do know he has reportable income if he is a USA miner.
He could have other deductions maybe he spent a lot renting on nice hash to hit the block.
Interestingly enough if he 100% hodl's and it's time to square away the tax on the score he could be burned if price of coin is only 15k or 10k. The USA gov will say you got the coin on June 9 it was 180k for the block.
we do not care the if block is worth 90k now
That's why I said I would do 3 coins cash and pay tax off immediately . Leaving me 3 coins to hold and .86 btc to do whatever.
Thanks for the explanation, somewhat defeats the point of a decentralised currency though dont you think.
Why is mining to an address of any sort going to be considered illegal?
I don't understand US tax law especially for BTC.
Thanks anyway and good luck.
It is simple June 1 no coins June 2 you 6.86 coins from hitting a block.
your income is about 180k for the third quarter on 2023 which is payable on sept 15.
So if you are USA based and only did 1 thing (rent 0.001 btc on nicehash) hit a 6.86 block on June 2
your profit is 6.86- 0.001 rental
say 6.85 btc . If you do nothing else just the one rental you owe the tax based on the day you hit the block.
So since I am stuck in the USA I pay the tax on time and do not worry.
Sometimes it is very interesting that after people are hit, the computing power will disappear. Should it be better to rent equipment or change addresses?
Well 6.86 btc is a decent amount of wealth
I think for many it would completely change their life.
For me honestly it would be nice, but I live in the USA and $185,000 cash is going to be reported and taxed like mad.
So it is about 100,000 after tax.
That would mean I need to cash 3 of the 6.86 just for taxes. Only leaving me 3.86 btc clean.
I would likely cash .86 for spending on various stuff.
Which mean I could hold 3 coins and have about 23,000 to spend.
I am sure many don't want people to know they have that much extra wealth some places it is a lot of wealth.
Aren't there yearly tax thresholds in the US?
Doesn't BTC only get taxed once you convert it to fiat?
Wouldn't it be better to keep the BTC as BTC and draw from it yearly keeping just below the tax threshold using it like a savings account to be drawn from rather than taking it all in one hit.
Surely, that way you get to keep more of your winnings...?
If I hit that block (I did not) it was 6.86 btc at say 26,000k or 6.86 x 26,000 = $178,360.00 all reportable income.
I could claim power spent on say 1 s-9 and price for the s-9 = a few hundred . So say I drop to 178,000 profit. All reportable now for 2023.
Yeah I could illegally mine to a hidden address (not hidden anymore in terms that it collected 178,000K)
But I owe taxes for the 2023 tax year technically payable by sept 15
(Estimated tax payment deadlines are usually April 15, June 15, Sept. 15, and Jan. 15 of the following year, with occasional adjustments to the next business day for holidays). You could argue that June 15th dates covers income up to June 1.
I don't know the guy, but I do know he has reportable income if he is a USA miner.
He could have other deductions maybe he spent a lot renting on nice hash to hit the block.
Interestingly enough if he 100% hodl's and it's time to square away the tax on the score he could be burned if price of coin is only 15k or 10k. The USA gov will say you got the coin on June 9 it was 180k for the block.
we do not care the if block is worth 90k now
That's why I said I would do 3 coins cash and pay tax off immediately . Leaving me 3 coins to hold and .86 btc to do whatever.
Thanks for the explanation, somewhat defeats the point of a decentralised currency though dont you think.
Why is mining to an address of any sort going to be considered illegal?
I don't understand US tax law especially for BTC.
Thanks anyway and good luck.
Sometimes it is very interesting that after people are hit, the computing power will disappear. Should it be better to rent equipment or change addresses?
Well 6.86 btc is a decent amount of wealth
I think for many it would completely change their life.
For me honestly it would be nice, but I live in the USA and $185,000 cash is going to be reported and taxed like mad.
So it is about 100,000 after tax.
That would mean I need to cash 3 of the 6.86 just for taxes. Only leaving me 3.86 btc clean.
I would likely cash .86 for spending on various stuff.
Which mean I could hold 3 coins and have about 23,000 to spend.
I am sure many don't want people to know they have that much extra wealth some places it is a lot of wealth.
Aren't there yearly tax thresholds in the US?
Doesn't BTC only get taxed once you convert it to fiat?
Wouldn't it be better to keep the BTC as BTC and draw from it yearly keeping just below the tax threshold using it like a savings account to be drawn from rather than taking it all in one hit.
Surely, that way you get to keep more of your winnings...?
If I hit that block (I did not) it was 6.86 btc at say 26,000k or 6.86 x 26,000 = $178,360.00 all reportable income.
I could claim power spent on say 1 s-9 and price for the s-9 = a few hundred . So say I drop to 178,000 profit. All reportable now for 2023.
Yeah I could illegally mine to a hidden address (not hidden anymore in terms that it collected 178,000K)
But I owe taxes for the 2023 tax year technically payable by sept 15
(Estimated tax payment deadlines are usually April 15, June 15, Sept. 15, and Jan. 15 of the following year, with occasional adjustments to the next business day for holidays). You could argue that June 15th dates covers income up to June 1.
I don't know the guy, but I do know he has reportable income if he is a USA miner.
He could have other deductions maybe he spent a lot renting on nice hash to hit the block.
Interestingly enough if he 100% hodl's and it's time to square away the tax on the score he could be burned if price of coin is only 15k or 10k. The USA gov will say you got the coin on June 9 it was 180k for the block.
we do not care the if block is worth 90k now
That's why I said I would do 3 coins cash and pay tax off immediately . Leaving me 3 coins to hold and .86 btc to do whatever.
Here are my stats.
"hashrate1m": "14T",
"hashrate5m": "12.7T",
"hashrate1hr": "12.8T",
"hashrate1d": "12.7T",
"hashrate7d": "10.7T",
"lastshare": 1686398476,
"workers": 2,
"shares": 44601863972,
"bestshare": 863487097.7614763,
"bestever": 453978164172,
"hashrate1m": "14T",
"hashrate5m": "12.7T",
"hashrate1hr": "12.8T",
"hashrate1d": "12.7T",
"hashrate7d": "10.7T",
"lastshare": 1686398476,
"workers": 2,
"shares": 44601863972,
"bestshare": 863487097.7614763,
"bestever": 453978164172,
Congrats to the dude running an S9 keeping the dream alive. 9Billion total shares is impressive if he's never Solo to another address. Makes me feel long overdue(442 Billion Shares) I have come close with one more zero needed when difficulty was 25 Trillion out of an old Antminer T9+. I'm curious to see everyones Best Share/Total Share values 
"hashrate1m": "1.19T",
"hashrate5m": "1.12T",
"hashrate1hr": "1.04T",
"hashrate1d": "1.54T",
"hashrate7d": "18.7T",
"lastshare": 1686410655,
"workers": 5,
"shares": 442782320689,
"bestshare": 51522398.33450211,
"bestever": 3123899026142,
"authorised": 1685417899,
"hashrate1m": "1.19T",
"hashrate5m": "1.12T",
"hashrate1hr": "1.04T",
"hashrate1d": "1.54T",
"hashrate7d": "18.7T",
"lastshare": 1686410655,
"workers": 5,
"shares": 442782320689,
"bestshare": 51522398.33450211,
"bestever": 3123899026142,
"authorised": 1685417899,
Congratulations to the lucky miner!!
A question to the group with my ignorance on the subject, with an S9j as is my case that I play the lottery solo, which port should I point to 3333 or 4334 since I see that in 4334 it is very difficult to work but when it works, works better than port 3333.
The latency there is no way that I can get below 114.
Greetings to all.
Mike.
A question to the group with my ignorance on the subject, with an S9j as is my case that I play the lottery solo, which port should I point to 3333 or 4334 since I see that in 4334 it is very difficult to work but when it works, works better than port 3333.
The latency there is no way that I can get below 114.
Greetings to all.
Mike.
Congrats to the lucky miner ! Crazy to see a block solved with only 15 Th/s, I would love to see one of my S9 solving a block
With an S9j you should use port 3333, as 4334 is supposed to be for high diff rentals like Nicehash or MRR.
Why do 4334 is working better than 3333 ? Do you have a better ping time ? It shouldn't make any difference in theory.
Thanks iwantmyhomepaidwithbtc2 for the clarification, latency is complicated.
Greetings.
Mike.
Congratulations to the lucky miner!!
A question to the group with my ignorance on the subject, with an S9j as is my case that I play the lottery solo, which port should I point to 3333 or 4334 since I see that in 4334 it is very difficult to work but when it works, works better than port 3333.
The latency there is no way that I can get below 114.
Greetings to all.
Mike.
A question to the group with my ignorance on the subject, with an S9j as is my case that I play the lottery solo, which port should I point to 3333 or 4334 since I see that in 4334 it is very difficult to work but when it works, works better than port 3333.
The latency there is no way that I can get below 114.
Greetings to all.
Mike.
Congrats to the lucky miner ! Crazy to see a block solved with only 15 Th/s, I would love to see one of my S9 solving a block
With an S9j you should use port 3333, as 4334 is supposed to be for high diff rentals like Nicehash or MRR.
Why do 4334 is working better than 3333 ? Do you have a better ping time ? It shouldn't make any difference in theory.
Congratulations to the lucky miner!!
A question to the group with my ignorance on the subject, with an S9j as is my case that I play the lottery solo, which port should I point to 3333 or 4334 since I see that in 4334 it is very difficult to work but when it works, works better than port 3333.
The latency there is no way that I can get below 114.
Greetings to all.
Mike.
A question to the group with my ignorance on the subject, with an S9j as is my case that I play the lottery solo, which port should I point to 3333 or 4334 since I see that in 4334 it is very difficult to work but when it works, works better than port 3333.
The latency there is no way that I can get below 114.
Greetings to all.
Mike.
Sometimes it is very interesting that after people are hit, the computing power will disappear.
That does more apply to pools, when people realize what amount of btc they get for the hashrate they provide to the pool, and the electrical cost they had to cover for doing that.
On the solopool they are aware of it and mine for themself, so it is unlikley that they disapear after they found a block.
Sometimes it is very interesting that after people are hit, the computing power will disappear.
That does more apply to pools, when people realize what amount of btc they get for the hashrate they provide to the pool, and the electrical cost they had to cover for doing that.
On the solopool they are aware of it and mine for themself, so it is unlikley that they disapear after they found a block.
Sometimes it is very interesting that after people are hit, the computing power will disappear. Should it be better to rent equipment or change addresses?
Well 6.86 btc is a decent amount of wealth
I think for many it would completely change their life.
For me honestly it would be nice, but I live in the USA and $185,000 cash is going to be reported and taxed like mad.
So it is about 100,000 after tax.
That would mean I need to cash 3 of the 6.86 just for taxes. Only leaving me 3.86 btc clean.
I would likely cash .86 for spending on various stuff.
Which mean I could hold 3 coins and have about 23,000 to spend.
I am sure many don't want people to know they have that much extra wealth some places it is a lot of wealth.
Aren't there yearly tax thresholds in the US?
Doesn't BTC only get taxed once you convert it to fiat?
Wouldn't it be better to keep the BTC as BTC and draw from it yearly keeping just below the tax threshold using it like a savings account to be drawn from rather than taking it all in one hit.
Surely, that way you get to keep more of your winnings...?
Congratulations to miner 151XTfHBfaDqoNWGGeYobNX2YzFFWuB5YD with only 17TH for solving the 275th block at solo.ckpool.org!
https://explorer.btc.com/btc/block/793607
As you can see they solved the block after only 9230494791 shares making this an absurdly lucky block solve (if they have been using the same username at all times). A miner of this size would only solve a block about once every 450 years on average.
This is the first mainnet block solved with the updated pool code as far as I'm aware and whilst it was heavily tested on testnet, it is always a relief to see real blocks solved as well. I will be restarting the pool again in the near future for some minor updates once more (local cosmetic reasons for myself).
Mine on!
Code:
[2023-06-09 18:58:54.377] Possible block solve diff 463250108543599.500000 !
[2023-06-09 18:58:54.458] BLOCK ACCEPTED!
[2023-06-09 18:58:54.460] Solved and confirmed block 793607 by 151XTfHBfaDqoNWGGeYobNX2YzFFWuB5YD.ASIC2
[2023-06-09 18:58:54.460] User 151XTfHBfaDqoNWGGeYobNX2YzFFWuB5YD:{"hashrate1m": "18.5T", "hashrate5m": "16.8T", "hashrate1hr": "15.6T", "hashrate1d": "15.6T", "hashrate7d": "15.7T", "shares": 9230494791, "authorised": 1685417900}
[2023-06-09 18:58:54.460] Worker 151XTfHBfaDqoNWGGeYobNX2YzFFWuB5YD.ASIC2:{"hashrate1m": "18.5T", "hashrate5m": "16.8T", "hashrate1hr": "15.6T", "hashrate1d": "15.6T", "hashrate7d": "8.55T"}
[2023-06-09 18:58:54.462] Block solved after 15306888081924 shares at 29.9% diff
https://explorer.btc.com/btc/block/793607
As you can see they solved the block after only 9230494791 shares making this an absurdly lucky block solve (if they have been using the same username at all times). A miner of this size would only solve a block about once every 450 years on average.
This is the first mainnet block solved with the updated pool code as far as I'm aware and whilst it was heavily tested on testnet, it is always a relief to see real blocks solved as well. I will be restarting the pool again in the near future for some minor updates once more (local cosmetic reasons for myself).
Mine on!
Incredible!!!
Congratulations whoever won that block.
Just proves that lottery solo mining does work.
Sometimes it is very interesting that after people are hit, the computing power will disappear. Should it be better to rent equipment or change addresses?
Well 6.86 btc is a decent amount of wealth
I think for many it would completely change their life.
For me honestly it would be nice, but I live in the USA and $185,000 cash is going to be reported and taxed like mad.
So it is about 100,000 after tax.
That would mean I need to cash 3 of the 6.86 just for taxes. Only leaving me 3.86 btc clean.
I would likely cash .86 for spending on various stuff.
Which mean I could hold 3 coins and have about 23,000 to spend.
I am sure many don't want people to know they have that much extra wealth some places it is a lot of wealth.
Is there any way to find out what region of the world is housing this very lucky S9? Wondering what type of magical Internet connectivity they have
I wouldn't reveal that information unless the miner wished it, and magical internet connectivity has nothing to do with it. Jump to: