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Topic: [∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 180. (Read 1514767 times)

hero member
Activity: 537
Merit: 524
AFAIK 'last update' is the time in utc of the last update of the stats and 'bestever' is the highest share you ever found. Only the 'bestshare' is reset when a block is found by somebody.
full member
Activity: 151
Merit: 100
Is the number next to "last update" the shares from the current session? Also, is the number next to "best ever" the total shares from the last time a block was found? thanks
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
So renting 1ph for a couple of hours isnt a good idea? Better to rent say, 100th for a week?
It makes no difference either way. 1PH for an hour has exactly the same chance of finding a block as 100TH for 10 hours. The only difference to you is that you get to watch your rental for longer with the lower hashrate.

And you don't screw up and raise up the prices on other people's rentals . When people rent a short burst of high PH on NH/WH it fuggs up everyone else with higher rates.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
So renting 1ph for a couple of hours isnt a good idea? Better to rent say, 100th for a week?

Renting 1ph for 4 hours is better if the price is really good for the entire 4 hours.

This is more true if you rent from nicehash/westhash as the price can vary quite a bit.
legendary
Activity: 872
Merit: 1010
Coins, Games & Miners
So renting 1ph for a couple of hours isnt a good idea? Better to rent say, 100th for a week?

To better understand mining check the stochastic process page on wikipedia. Mining is a by-the-book example of an stochastic process.
full member
Activity: 151
Merit: 100
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
So renting 1ph for a couple of hours isnt a good idea? Better to rent say, 100th for a week?
It makes no difference either way. 1PH for an hour has exactly the same chance of finding a block as 100TH for 10 hours. The only difference to you is that you get to watch your rental for longer with the lower hashrate.
full member
Activity: 151
Merit: 100
So renting 1ph for a couple of hours isnt a good idea? Better to rent say, 100th for a week?
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
So how long will 1ph take to reach 213billion shares that we are aiming for?
There is no "reach". Mining is not a forward process but a random one. On average every 213 billion shares you will solve a block. 1PH will on average find a block every 10 days 14 hours which is pretty sad really.
full member
Activity: 151
Merit: 100
So how long will 1ph take to reach 213billion shares that we are aiming for?
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
Sorry for noob question but what does best share mean? Are we trying to aim for the 50+billion mark?
You're aiming for the current diff of 213,398,925,331. Anything less is worthless. Anything greater than or equal to that is worth a shitload of money. Showing the best share is only there for a bit of fun as it has no other value.
full member
Activity: 151
Merit: 100
Sorry for noob question but what does best share mean? Are we trying to aim for the 50+billion mark?
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I'm sure the question was already asked, but I can't seem to find the answer.

How do you calculate the probability to find a block ?
Do you take the Hashrate of the network, at around 1 481 065 321GH/s now, and divide it by your own Hashrate ?
For example, if I have a 280GH/s Hashrate, I have 1 chance on 5 289 520 (= 1 481 065 321 / 280) to find a block ?

very close  but just a little wrong

take that 5,289,520  then divide it by  144 .


why is that?

we make 144 blocks a day for the network (+ or - 30 bocks)

so 5,289,520/144 =   36,732 to one on average each day

so a week would be 5,247 to one
legendary
Activity: 1554
Merit: 1001
From 185 Total Bitcoin Blocks found to 187 Total Bitcoin Blocks found in such a short amount of time Shocked

Congratulations to the block finders !
hero member
Activity: 539
Merit: 517
Thanks to you two.

1 chance on 40 000 per day, that's good enough.
It's better than lottery (1 chance on 19 000 000, here).
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
http://tradebtc.net/bitcalc.php
My page includes the chance of finding a block in a day for "Your" hash rate
legendary
Activity: 872
Merit: 1010
Coins, Games & Miners
How do you calculate the probability to find a block ?

Number of hashes to probably find a block = (Network Difficulty / Your Hashrate) * 2³²

Divide that by 86400 and you'll know how much days before you (probably) hit a block.

Mining is a stochastic process, google it up.
hero member
Activity: 539
Merit: 517
I'm sure the question was already asked, but I can't seem to find the answer.

How do you calculate the probability to find a block ?
Do you take the Hashrate of the network, at around 1 481 065 321GH/s now, and divide it by your own Hashrate ?
For example, if I have a 280GH/s Hashrate, I have 1 chance on 5 289 520 (= 1 481 065 321 / 280) to find a block ?
hero member
Activity: 543
Merit: 500
Good to see some solo blocks being mined  Grin
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
Code:
[2016-07-16 05:51:44.882] BLOCK ACCEPTED!
[2016-07-16 05:51:44.882] Solved and confirmed block 420960 by 1Ng6d13H1A3PYi9E8knZqsgn8ubNXhmmzk
[2016-07-16 05:51:44.882] User 1Ng6d13H1A3PYi9E8knZqsgn8ubNXhmmzk:{"hashrate1m": "4.35P", "hashrate5m": "4.29P", "hashrate1hr": "3.66P", "hashrate1d": "1.3P", "hashrate7d": "431T"} 
[2016-07-16 05:51:44.882] Worker 1Ng6d13H1A3PYi9E8knZqsgn8ubNXhmmzk:{"hashrate1m": "4.35P", "hashrate5m": "4.29P", "hashrate1hr": "3.66P", "hashrate1d": "1.32P", "hashrate7d": "681T"} 
[2016-07-16 05:51:44.882] Block solved after 35550251362 shares at 16.7% diff

https://www.blocktrail.com/BTC/block/000000000000000000b03ddc2c05e4850724a36c4836de32945f9fc43310d4c4
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