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Topic: [∞ YH] solo.ckpool.org 2% fee solo mining 256 blocks solved! - page 72. (Read 105090 times)

legendary
Activity: 3654
Merit: 3003
Enjoy 500% bonus + 70 FS
Blockparty Run 40 is over, no Block found and here are the new Blockparty Run 41

Hey dear Willi, I hope that you are doing all good! Joining blockparty #41

+++++++++++++++++++++++++++++++++++++++
Groupbuy Wallet: bc1qlpd45688hce39lusur8sdnuzy3z2dx4uvrgpkt
Return Wallet: bc1qruv49ns4ssdx2r949ugnm2q50cavajfq3aydz8
Your stake: 0,005 BTC
Your TX: a74a820fc355a907308efdf5d5503bc62a0e7e6563ea344f170db7911c792bf0
Voting comment: 20
+++++++++++++++++++++++++++++++++++++++
Hi, i ok. Back from a short weekend trip and now mine on to find a block. you are on the list.

Best regards,
Willi
hero member
Activity: 504
Merit: 1065
Crypto Swap Exchange
Blockparty Run 40 is over, no Block found and here are the new Blockparty Run 41

Hey dear Willi, I hope that you are doing all good! Joining blockparty #41

+++++++++++++++++++++++++++++++++++++++
Groupbuy Wallet: bc1qlpd45688hce39lusur8sdnuzy3z2dx4uvrgpkt
Return Wallet: bc1qruv49ns4ssdx2r949ugnm2q50cavajfq3aydz8
Your stake: 0,005 BTC
Your TX: a74a820fc355a907308efdf5d5503bc62a0e7e6563ea344f170db7911c792bf0
Voting comment: 20
+++++++++++++++++++++++++++++++++++++++
legendary
Activity: 3654
Merit: 3003
Enjoy 500% bonus + 70 FS
Blockparty Run 40 is over, no Block found and here are the new Blockparty Run 41

English topic here and main English / German mixed here --> https://bitcointalksearch.org/topic/groupbuy-solo-mining-blockparty-2023-number-41-5456075

------------------------

Hello all,

let's go to the next group buy from Hashingpower.

As already requested by some forum users I put a new group buy for solo mining. Start at the earliest after the next diff reduction.

~15-18 users for each 0.005 BTC, 0.01 BTC or more BTC can participate. A higher number is not useful, otherwise a possible profit will be much too small.
If smaller amounts than the minimum amount are allowed in a single case, then the calculation of the rewards will be based on the amount of BTC deposited.
Hashingpower is rented on Nicehash and shot on the solo pool.
The status of the group run can be observed during the runtime via the Live View link.
Here you can see what our hashingpower is and what our highest share / bestshare is.

If a block is found, the reward will be paid out to the participants.


Lets go and let us find a block



In the past we had found 10 blocks --> 196 BTC!
Block list: 385022, 394940, 394946, 395087, 396941, 399709, 401934, 706369, 712217, 780525

Those who want to participate send their BTC to the following address bc1qlpd45688hce39lusur8sdnuzy3z2dx4uvrgpkt and post their participation with the following template:

Please send your coins only if there is still a place available.


To make it a little easier in the new year, I've decided to do the reservations differently.
In the new year there are reservations possible for people who pay for 2, 5, 10, ... block party runs in front.
If the quota is exhausted, the place will be automatically free and someone else can use the place.

Specifically, we start with the Blockparty Run 2022-1 and if someone sends 20x 0.01 BTC at the first time, he is practically permanent until the Blockparty Run 20.
If someone joins the Blockparty Run 2022-7 and sends 10x 0.01 BTC, he will be a member until Blockparty Run 17.
This simplifies the organization and places are not permanently taken by the same people, unless someone sends 50x 0.01 BTC for the 50 planned Runs.

If we should not create at the end 2023 the Runs, for which someone already paid, the last Run in 2023 all payments are used around longer to run.

As long as open slots are available the coins can be sent at any time without an OK from me

Participation template for copy & paste
Code:
+++++++++++++++++++++++++++++++++++++++
Groupbuy Wallet: bc1qlpd45688hce39lusur8sdnuzy3z2dx4uvrgpkt
Return Wallet: [enter your wallet address here where any winnings will be paid out].
Your stake: [enter here the amount of Bitcoins you have sent, but min. 0.005 BTC].
Reservation: [if more than one run is paid for enter the number here min. 5x max. 50x]
Your TX: [please enter here your TX string which confirms the transfer of the BTCs].
Voting comment: [Speed voting 20, 25, 30, 40, ... PH --> majority vote NO RANGE ONLY NUMBERS]
+++++++++++++++++++++++++++++++++++++++



Link to blocks found:
https://www.blocktrail.com/BTC/block/xxx


Live View Link:
https://solo.ckpool.org/users/xxx

Bitcoin Difficulty:
51.234.338.863.443

Of course there is no guarantee that we will find a block, but it would be mega if we repeat the runs until we find one!
Should something happen like: Nicehash account hacked, deposit address in forum post hacked, BTC sent to a wrong address, etc. no compensation for the loss will be provided. Everyone takes this risk or does not participate in the block party if they do not agree with it. However, I assure that everything will be done with the highest care as before.

Code:

>>> OPEN SEATS SCROLL DOWN THIS MEMBER LIST <<<

Our BTCs: 0,11891584 BTC
Participants: 15
Speed-Voting: 20 PHs so long we have coins (6x 20PHs // 3x 25PHs // 2x 30PHs)

User Invest Status Reservation Vote TX String Return Address
Willi9974 0,01 / x,xx  BTC paid xx - xx 20 PH e0c80da5946c5c549659dfaa87a2d0a7d4c6c2313d8a7a742aa44654170bdd66 own wallet
Begru 0,01 / 0,10  BTC paid 40 - 49 25 PH .201aa04a0cb5f88329f53b3a86515fe6fa418da3dab382862fc0dc781dc721b4 bc1q9tu8nlwk8wd4xu4c7p8eetw9mrpq4h7x58zffz
nanaminatotomomido2021 0,005 / 0,025 BTC paid 40 - 45 20 PH .49335361c90dc655e105bd1a5058c5e9329c737ab903693854f78b45be194b50 / .1fc672774599cc9baf4cc5b0e87c2649c50abb70361fd17f084fe71eaf10e926 34g6AhUt4mLebM6J68rPT4jzyJxFcv2X7Z (rest und neue Reservierung)
jimbocuzzi 0,01 / 0,05  BTC paid 41 - 45 20 PH .363bc5ce5df5c970830e3c2093ef6dca0ddff805682e043d78fd221364227cc 3GPeuWFn2Ymyqs8y4vbAEZns6pd6M11eqV
Atrax 0,01 / 0,08  BTC paid 36 - 43 30 PH .233a30853a8fbc3ae4cf2859a1377719534f5d62513b67ee6ecfbced2d1eddb1 bc1qyrajkfrg97hywmv4j0cp63tn9hc0tk05yk4tpr
nalien2000 0,01 / 0,03  BTC paid 41 - 43 25 PH .a57225c582ed3316c38151c8948298145701c3c3eec734a0e61bfc951d6705ae bc1qqdcezffzyr2uktxsg4le38mupj8sl6alws2xxy
Coinking2021 0,01 / 0,10  BTC paid 41 - 50 xx PH .9d5a9cb4b60c3d17568df81016713056c03f979612f28648d5912947e6f19d05 bc1qd9y53e34gymkl66l9v0tuje6yn09y7dpewuycp

LAST ROUND
-------------------
Katun 0,01 / 0,05  BTC Paid 37 - 41 -- PH .45cce82729d37f5015f90be39fcc2df010eb6adc2db203fd7ad9841149ff72a0 177wikPV2sF6LzVWLWkMkmJ9W51GdePLiA
blockhilltop 0,005 / 0,01  BTC paid 40 - 41 25 PH .ddff97dddc39c84bd0ca0939cd965d307005245b4ea979da3939b0e4896cc8bf 3PxnqxPTKVQpiUMQ5gg8fREo1MUXK6jnRd
thepeterson 0.00891584 / 0,xx  BTC paid 41 - 41 30 PH .e82280f4f3552357debf6b2b9dabb7647aba0a5e00e009eb233d2bcbb24dda3b xxx  (update, alles in Run 41)
iwantmyhomepaidwithbtc2 0,005 / x,xx  BTC paid 41 - 41 20 PH .a74a820fc355a907308efdf5d5503bc62a0e7e6563ea344f170db7911c792bf0 bc1qruv49ns4ssdx2r949ugnm2q50cavajfq3aydz8
TIRMINE 0,005 / x,xx  BTC paid 41 - 41 20 PH .884d9d917f30b2ab488a3fe4528403fdd3189b061d1aa857ea960601eb178b0d bc1qsst8vx0chg3nd6akkh2z50yf8t0pmxk47hypwx
Avokiwi 0,005 / x,xx  BTC paid 41 - 41 20 PH bb81334655c35f27dd3263b1c236b0b3d714aae7578bd0cdaa5d10a55da1b212 1D8jT8jRYXetBcV7yGMip3EUdkUtAZBeZH
JOJORabbitGC 0,005 / x,xx  BTC paid 41 - 41 xx PH 373bc40f7c5e93b1043299dc61a85957139791d3515aa2213ef49d11379a3517 3LiHmtHY97HnjMA9m6MuQYBRBC1sx6J8KV
jimjam123 0,01 / 0,02  BTC paid 41 - 42 xx PH ba89c229c4c57fa096d793a5b41b73f199c852ce1be66b9acc45d7c795721c21 35UcgN6HjHkCaNr3TaCKMe2ygotKzpBG3x

OPEN SPOTS
-------------------
User_015 0,0x / x,xx  BTC open xx - xx xx PH xxx xxx
User_016 0,0x / x,xx  BTC open xx - xx xx PH xxx xxx
User_017 0,0x / x,xx  BTC open xx - xx xx PH xxx xxx
User_018 0,0x / x,xx  BTC open xx - xx xx PH xxx xxx
User_019 0,0x / x,xx  BTC open xx - xx xx PH xxx xxx
User_020 0,0x / x,xx  BTC open xx - xx xx PH xxx xxx


Changes / Information:
-

Reservation for next Run

- Willi9974




Lets go
Willi

##################################
Stats 2022 / 2023

Code:
Blockparty 2022 Number 1:      217.010.942.466 from 24.272.331.996.980 and number of valid shares 575.754.198.633 Block xxxxxx Invest 0,175 Return 0.00 Luck 24%
Blockparty 2022 Number 2:    4.005.963.680.498 from 24.272.331.996.980 and number of valid shares 672.386.357.275 Block xxxxxx Invest 0,205 Return 0.00 Luck 27%
Blockparty 2022 Number 3:    3.117.508.102.916 from 24.371.874.614.346 and number of valid shares 677.615.811.047 Block xxxxxx Invest 0,205 Return 0.00 Luck 30%
Blockparty 2022 Number 4:      163.372.847.014 from 24.371.874.614.346 and number of valid shares 693.261.039.975 Block xxxxxx Invest 0,215 Return 0.00 Luck 32%
Blockparty 2022 Number 5:      532.446.995.741 from 24.371.874.614.346 and number of valid shares 675.322.070.564 Block xxxxxx Invest 0,215 Return 0.00 Luck 35%
Blockparty 2022 Number 6:      239.411.398.267 from 24.371.874.614.346 and number of valid shares 640.049.000.000 Block xxxxxx Invest 0,195 Return 0.00 Luck 38%
Blockparty 2022 Number 7:   16.370.582.882.984 from 24.371.874.614.346 and number of valid shares 664.788.000.000 Block xxxxxx Invest 0,195 Return 0.00 Luck 40%
Blockparty 2022 Number 8:    5.464.223.628.149 from 24.371.874.614.346 and number of valid shares 648.759.591.542 Block xxxxxx Invest 0,205 Return 0.00 Luck 41%
Blockparty 2022 Number 9:   16.799.691.276.961 from 26.643.185.256.536 and number of valid shares 664.840.000.000 Block xxxxxx Invest 0,205 Return 0.00 Luck 42%
Blockparty 2022 Number 10:     632.594.216.042 from 26.643.185.256.536 and number of valid shares 673.726.000.000 Block xxxxxx Invest 0,190 Return 0.00 Luck 45%
Blockparty 2022 Number 11:   1.073.309.575.534 from 26.643.185.256.536 and number of valid shares 646.517.000.000 Block xxxxxx Invest 0,188 Return 0.00 Luck 47%
Blockparty 2022 Number 12:     175.708.462.577 from 26.690.525.287.406 and number of valid shares 648.917.000.000 Block xxxxxx Invest 0,185 Return 0.00 Luck 49%
Blockparty 2022 Number 13:   1.365.791.872.716 from 26.690.525.287.406 and number of valid shares 649.690.000.000 Block xxxxxx Invest 0.185 Return 0.00 Luck 52,14%
Blockparty 2022 Number 14:   1.443.621.792.905 from 27.967.152.532.435 and number of valid shares 671.270.000.000 Block xxxxxx Invest 0.190 Return 0.00 Luck 52,16%
Blockparty 2022 Number 15:   2.114.784.272.115 from 27.967.152.532.435 and number of valid shares 603.781.122.856 Block xxxxxx Invest 0.160 Return 0.00 Luck 54,32%
Blockparty 2022 Number 16:   4.562.330.664.094 from 27.550.332.084.344 and number of valid shares 650.057.598.843 Block xxxxxx Invest 0.170 Return 0.00 Luck 56,65%
Blockparty 2022 Number 17:     337.635.007.496 from 27.452.707.696.467 and number of valid shares 667.810.507.262 Block xxxxxx Invest 0.175 Return 0.00 Luck 60,14%
Blockparty 2022 Number 18:   1.932.115.473.059 from 28.587.155.782.196 and number of valid shares 715.026.185.272 Block xxxxxx Invest 0.190 Return 0.00 Luck 60,26%
Blockparty 2022 Number 19:     445.793.890.778 from 28.225.928.151.212 and number of valid shares 690.184.203.788 Block xxxxxx Invest 0.180 Return 0.00 Luck 63,47%
Blockparty 2022 Number 20:     527.513.573.457 from 29.794.407.589.313 and number of valid shares 705.145.335.433 Block xxxxxx Invest 0.182 Return 0.00 Luck 62,50%
Blockparty 2022 Number 21:     185.133.189.753 from 31.251.101.365.711 and number of valid shares 569.408.841.346 Block xxxxxx Invest 0.1399 Return 0.00 Luck 61,41%
Blockparty 2022 Number 22:   1.545.347.513.736 from 30.283.293.547.737 and number of valid shares 615.175.428.969 Block xxxxxx Invest 0.1674 Return 0.00 Luck 65,40%
Blockparty 2022 Number 23:   1.696.838.072.430 from 29.570.168.636.358 and number of valid shares 483.860.594.517 Block xxxxxx Invest 0.1348 Return 0.00 Luck 68,61%
Blockparty 2022 Number 24:   4.436.273.182.094 from 27.692.567.959.234 and number of valid shares 499.823.321.671 Block xxxxxx Invest 0.15 Return 0.00 Luck 75,07%
Blockparty 2022 Number 25:     476.549.203.298 from 28.174.668.481.290 and number of valid shares 576.956.152.527 Block xxxxxx Invest 0.16 Return 0.00 Luck 75,83%
Blockparty 2022 Number 26:   1.549.107.728.802 from 32.045.359.565.304 and number of valid shares 465.288.243.482 Block xxxxxx Invest 0.13 Return 0.00 Luck 68,13%
Blockparty 2022 Number 27:     425.700.028.569 from 35.610.794.164.372 and number of valid shares 553.324.163.429 Block xxxxxx Invest 0.135 Return 0.00 Luck 62,86%
Blockparty 2022 Number 28:   4.086.636.637.818 from 35.364.065.900.458 and number of valid shares 836.500.913.397 Block xxxxxx Invest 0.176 Return 0.00 Luck 65,66%
Blockparty 2023 Number 29:   6.309.189.839.441 from 34.093.570.325.204 and number of valid shares 674.154.851.914 Block xxxxxx Invest 0.160 Return 0.00 Luck 70,09%
Blockparty 2023 Number 30: 100.571.298.452.432 from 43.551.722.213.591 and number of valid shares 509.766.702.966 Block 580525 Invest 0.10 Return 6.23 Luck 56,04%
Blockparty 2023 Number 31:     455.575.777.111 from 43.551.722.213.591 and number of valid shares 669.341.013.960 Block xxxxxx Invest 0.125 Return 0.00 Luck 1,54%
Blockparty 2023 Number 32: 1.144.858.013.196 from 46.843.400.286.277 and number of valid shares 737.339.855.866 Block xxxxxx Invest 0.135 Return 0.00 Luck 3,0%
Blockparty 2023 Number 33: 2.081.262.060.306 from 46.843.400.286.277 and number of valid shares 595.255.845.541 Block xxxxxx Invest 0.120 Return 0.00 Luck 4,27%
Blockparty 2023 Number 34: 1.199.956.786.818 from 47.887.764.338.537 and number of valid shares 614.211.109.619 Block xxxxxx Invest 0.125 Return 0.00 Luck 5,58%
Blockparty 2023 Number 35: 3.438.218.075.486 from 47.887.764.338.536 and number of valid shares 681.474.588.122 Block xxxxxx Invest 0.120 Return 0.00 Luck 7,04%
Blockparty 2023 Number 36: 1.204.821.036.851 from 48.712.405.953.119 and number of valid shares 730.805.522.490 Block xxxxxx Invest 0.129 Return 0.00 Luck 8,27%
Blockparty 2023 Number 37: 200.262.670.605 from 48.005.534.313.578 and number of valid shares 597.765.470.522 Block xxxxxx Invest 0.110 Return 0.00 Luck 9,64%
Blockparty 2023 Number 38: 485.624.454.702 from 49.549.703.178.593 and number of valid shares 570.856.624.705 Block xxxxxx Invest 0.110 Return 0.00 Luck 10,49%
Blockparty 2023 Number 39: 258.614.318.789 from 49.549.703.178.593 and number of valid shares 636.512.157.902 Block xxxxxx Invest 0.115 Return 0.00 Luck 11,77%
Blockparty 2023 Number 40: 619.783.401.982 from 51.234.338.863.443 and number of valid shares 646.401.880.812 Block xxxxxx Invest 0.117 Return 0.00 Luck 12,65%
Blockparty 2023 Number 41: xxx from xxx and number of valid shares xxx Block xxxxxx Invest 0.xxx Return 0.00 Luck xx%
Blockparty 2023 Number 42: xxx from xxx and number of valid shares xxx Block xxxxxx Invest 0.xxx Return 0.00 Luck xx%


Code:
Last Block founds since 2021 (Luck in % is our shares / diff)

Blockparty 08 2021 found with a luck of --> 14%
Blockparty 14 2021 found with a luck of --> 13%
Blockparty 30 2023 found with a luck of --> 56%
Block 4 - not found yet, luck at the moment --> 12,65%

History since 2015

Blockparty 01 2015 (gained 25,207 BTC) https://bitcointalksearch.org/topic/gruppenkauf-solo-mining-1253410
Blockparty 08 2016 (gained 74,99 BTC) https://bitcointalksearch.org/topic/gruppenkauf-solo-mining-1332729
Blockparty 10 2016 (gained 25 BTC) https://bitcointalksearch.org/topic/gruppenkauf-solo-mining-bitcoin-run-1348143
Blockparty 12 2016 (gained 24,8603 BTC) https://bitcointalksearch.org/topic/gruppenkauf-solo-mining-bitcoin-run-the-next-generation-2-1364642
Blockparty 13 2016 (gained 24,905 BTC) https://bitcointalksearch.org/topic/gruppenkauf-solo-mining-bitcoin-run-the-next-generation-3-1375321
Blockparty 08 2021 (gained 6,15 BTC) https://bitcointalksearch.org/topic/groupbuy-solo-mining-blockparty-2021-number-8-5363227
Blockparty 14 2021 (gained 6,16 BTC) https://bitcointalksearch.org/topic/groupbuy-solo-mining-blockparty-2021-number-14-5373661
Blockparty 30 2023 (gained 6,23 BTC) https://bitcointalksearch.org/topic/groupbuy-solo-mining-blockparty-2023-number-30-5434965

we found 10 Blocks with a amount of ~ 196 BTC and a paid of all the user since 2015



Links:
Solo Pool: https://bitcointalksearch.org/topic/yh-solockpoolorg-2-fee-solo-mining-256-blocks-solved-5237323
Solo Pool Blocks: https://btc.com/stats/pool/Solo%20CK
Gambling Section: https://bitcointalksearch.org/topic/bitcoin-mining-lotto-blockparty-2024-5364375


Diff Status:

Latest Block:   793936  (15 minutes ago)
Current Pace:   103.1589%  (1649 / 1598.50 expected, 50.5 ahead)
Previous Difficulty:   49549703178592.68                            
Current Difficulty:   51234338863442.89                            
Next Difficulty:   between 52844089925120 and 52901060341212
Next Difficulty Change:   between +3.1419% and +3.2531%
Previous Retarget:   May 31, 2023 at 8:04 PM  (+3.3999%)
Next Retarget (earliest):   Wednesday at 9:47 AM  (in 2d 11h 17m 37s)
Next Retarget (latest):   Wednesday at 10:07 AM  (in 2d 11h 38m 4s)
Projected Epoch Length:   between 13d 13h 42m 39s and 13d 14h 3m 7s





#################

Template:

Live View Link:
https://solo.ckpool.org/users/xxx

xxx

Bitcoin Difficulty:
xxx

Best Share:
xxx
member
Activity: 100
Merit: 15
Just a little bit, who will be the next lucky one?
 Smiley

It'll be me of course. Smiley
jr. member
Activity: 69
Merit: 1
Just a little bit, who will be the next lucky one?
 Smiley
jr. member
Activity: 70
Merit: 6
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!
Thank you ck for your updates and keep the pool up and running for all the Miners here.
Hope we find a lot blocks more.

Many thanks from my side and all the Blockparty member

Willi
I also want to thank you Mr CK. The pool idea, updated and everything has some good vibes about developing our future with block hitting opportunities aside of scam investing websites.. here we have a real thing.
legendary
Activity: 3654
Merit: 3003
Enjoy 500% bonus + 70 FS
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!
Thank you ck for your updates and keep the pool up and running for all the Miners here.
Hope we find a lot blocks more.

Many thanks from my side and all the Blockparty member

Willi
member
Activity: 100
Merit: 15
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.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
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!
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
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.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
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?

 Smiley

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.
member
Activity: 259
Merit: 85
So many numbers and so little time
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?

 Smiley

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.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
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?

 Smiley

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.
newbie
Activity: 16
Merit: 1
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,
newbie
Activity: 9
Merit: 0
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  Cool

 "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,
newbie
Activity: 7
Merit: 0
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.

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  Cheesy

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.
hero member
Activity: 504
Merit: 1065
Crypto Swap Exchange
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.

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  Cheesy

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.

newbie
Activity: 7
Merit: 0
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.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
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.

True. if anything, hashrate usually goes up here after a block when people get tempted by the probability of solving a block solo. It then tends to calm down over the next month or so.
legendary
Activity: 2483
Merit: 1482
-> morgen, ist heute, schon gestern <-
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.
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