[∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 200.

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

Quote from: vg54dett on April 14, 2016, 06:32:04 AM

Please correct me if I'm wrong :
any hash at any moment could solve a block ? including the first hashes of an old device just connected at the same chance as ones from a newer device like S7 ?
example : S7 provide about 10x more hash than S3. If both are working the same amount of time , the S7 will have 10x more chance to solve the block ? (because it made 10x more attempt , or is that different ?)

That is correct. At 4.75T, the S7 has just over 10x the hash rate of the S3, therefore, statistically it should find a block in 10x less time.

Quote from: vg54dett on April 14, 2016, 06:36:21 AM

another question :
I've read on the pevious pages of the post that people were worried about not many block solved recently at CK.
Is that a pure "luck" consideration ?
Because I guess a miner (for example a S7) has exactly the same chance to solve a block if a block has already been solved a minute ago or a month ago ? Am I wrong ??

Again, your understanding is correct. It doesn't matter if a block was solved 1 minute ago or 1 month ago. That has no influence whatsoever. The only influencing factor is how much hash you have at your disposal. The more you have, the less time you would expect it to take to find a block.

chiguireitor

legendary

Activity: 872

Merit: 1010

Coins, Games & Miners

Quote from: vg54dett on April 14, 2016, 06:36:21 AM

...

I've read on the pevious pages of the post that people were worried about not many block solved recently at CK.
Is that a pure "luck" consideration ?
Because I guess a miner (for example a S7) has exactly the same chance to solve a block if a block has already been solved a minute ago or a month ago ? Am I wrong ??

Pure

Simple

Random

Luck

(If you want to get academic, mining is what is called a Stochastic Process, if you understand the gist of it, you'll understand that the only difference is how much hashing power you put into the equation, nothing else).

wmtomlinso

member

Activity: 117

Merit: 10

Wow, 11 blocks yesterday at Kano. It was my birthday - and i even solved one of those really green blocks. Dang, i should've mined CKsolo yesterday...

vg54dett

hero member

Activity: 501

Merit: 500

another question :
I've read on the pevious pages of the post that people were worried about not many block solved recently at CK.
Is that a pure "luck" consideration ?
Because I guess a miner (for example a S7) has exactly the same chance to solve a block if a block has already been solved a minute ago or a month ago ? Am I wrong ??

vg54dett

hero member

Activity: 501

Merit: 500

Quote from: citronick on April 13, 2016, 05:59:02 PM

Quote from: vg54dett on April 13, 2016, 04:25:55 PM

I am mining since a year with pools and I'm considering trying solo.
So I have a newbie question:
if you want to use few devices at solo mining , what is the best strategy ? all devices to the same address with workers name ? or each device working on a different address ?
Another newbie question : is there a strategy in rebooting devices some times with solo mining ? or instead should we try to manage to avoid reboot or power cuts ?

sorry if this has been already asked, and thanks for any help !

Half a year ago, I was in your situation.

I have tried all of the scenarios you mentioned above.

Yes, I have invested (gambled) many BTCs on solo mining and even at one time got half of my s7 farm to point to ckpool instead of full time at kano.is

Conclusion: No difference. As CK once said, it's all random luck, big TH rental or small miners, anything can happen!

I hit a solo block here in January this year - how did I got that? By accident!

I was doing some maintenance on 4 of my S7s and had to poweroff them that day.

The next morning, I let them run and decided to get them warmed up to ckpool just for heck of it.

All looked OK, and I was about to point them back to main pool at kano.is, then this Fedex guy came to deliver a package for me so I was delayed for a few minutes.

By the time I came back to my desktop.... I saw CK's email on block announcement and the rest is history.

Quote from: Mikestang on April 13, 2016, 06:40:00 PM

Quote from: vg54dett on April 13, 2016, 04:25:55 PM

if you want to use few devices at solo mining , what is the best strategy ? all devices to the same address with workers name ? or each device working on a different address ?

It doesn't have any effect on your chance of solving a block, only a matter of how you personally keep track of stuff.

Quote from: vg54dett on April 13, 2016, 04:25:55 PM

is there a strategy in rebooting devices some times with solo mining ? or instead should we try to manage to avoid reboot or power cuts ?

The only way you can solve a block is if you are hashing. Any time your machine is not hashing, e.g. when it is rebooting, you have 0 chance, so that should be self-explanatory.

Thank you both guys.
Please correct me if I'm wrong :
any hash at any moment could solve a block ? including the first hashes of an old device just connected at the same chance as ones from a newer device like S7 ?
example : S7 provide about 10x more hash than S3. If both are working the same amount of time , the S7 will have 10x more chance to solve the block ? (because it made 10x more attempt , or is that different ?)

bctmke

sr. member

Activity: 294

Merit: 250

Tossed a bit for a few hours earlier. no go Sad

didn't even get a new bestshare! Oh well.

Try again in a week or so!

jmumich

full member

Activity: 209

Merit: 100

Quote from: -ck on April 13, 2016, 07:13:23 PM

That's not really true about people getting turned off. The average hashrate on solo pool has continued to climb consistently. The only thing really is that diff exploded for a while there proportionately more than hashrate and predicting a loss in my revenue with that diff rise, along with having invested in more infrastructure at the same time I had no choice but to increase fees. If I hadn't, this would have become a non-profit venture, only making profit from donations. That would have made it hardly worth the effort I put into code and pool maintenance.

Anyway I can't see people stopping mining solo and as they fall off the profit curve, more people are throwing their straggling hardware here. The proportion that rent I cannot predict and to be honest more people rent than I ever expected would.

Mine on.

No worries on the fee, especially since you were kind enough to open-source the code so anyone can mine solo without it, if they were so inclined. I'm not too surprised by the rentals... they're like raffle tickets. 50/50 raffles sell like hotcakes - this is a 99/1 raffle.

citronick

legendary

Activity: 1834

Merit: 1080

---- winter*juvia -----

Mining on - it is, CK!

Mega 11 blocks at kano yesterday, and I have some spare coins.

By the order of Queen Juvia the Great.... I hereby sacrifice 111TH for 24 hours at ckpool.

I was tempted to do a 1111TH but Juvia say no need.... it's are pure random luck... where did I hear that before? hmmm... Grin

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: Mikestang on April 13, 2016, 02:06:42 PM

Once the network diff jacked up over like 80G people really got turned off (no pun) from solo mining and stopped. There's not nearly as many active solo miners as there was just a while ago. I think the halving could change all of this, but we shall see...

That's not really true about people getting turned off. The average hashrate on solo pool has continued to climb consistently. The only thing really is that diff exploded for a while there proportionately more than hashrate and predicting a loss in my revenue with that diff rise, along with having invested in more infrastructure at the same time I had no choice but to increase fees. If I hadn't, this would have become a non-profit venture, only making profit from donations. That would have made it hardly worth the effort I put into code and pool maintenance.

Anyway I can't see people stopping mining solo and as they fall off the profit curve, more people are throwing their straggling hardware here. The proportion that rent I cannot predict and to be honest more people rent than I ever expected would.

Mine on.

Mikestang

legendary

Activity: 1274

Merit: 1000

Quote from: vg54dett on April 13, 2016, 04:25:55 PM

if you want to use few devices at solo mining , what is the best strategy ? all devices to the same address with workers name ? or each device working on a different address ?

It doesn't have any effect on your chance of solving a block, only a matter of how you personally keep track of stuff.

Quote from: vg54dett on April 13, 2016, 04:25:55 PM

is there a strategy in rebooting devices some times with solo mining ? or instead should we try to manage to avoid reboot or power cuts ?

The only way you can solve a block is if you are hashing. Any time your machine is not hashing, e.g. when it is rebooting, you have 0 chance, so that should be self-explanatory.

citronick

legendary

Activity: 1834

Merit: 1080

---- winter*juvia -----

Quote from: vg54dett on April 13, 2016, 04:25:55 PM

I am mining since a year with pools and I'm considering trying solo.
So I have a newbie question:
if you want to use few devices at solo mining , what is the best strategy ? all devices to the same address with workers name ? or each device working on a different address ?
Another newbie question : is there a strategy in rebooting devices some times with solo mining ? or instead should we try to manage to avoid reboot or power cuts ?

sorry if this has been already asked, and thanks for any help !

Half a year ago, I was in your situation.

I have tried all of the scenarios you mentioned above.

Yes, I have invested (gambled) many BTCs on solo mining and even at one time got half of my s7 farm to point to ckpool instead of full time at kano.is

Conclusion: No difference. As CK once said, it's all random luck, big TH rental or small miners, anything can happen!

I hit a solo block here in January this year - how did I got that? By accident!

I was doing some maintenance on 4 of my S7s and had to poweroff them that day.

The next morning, I let them run and decided to get them warmed up to ckpool just for heck of it.

All looked OK, and I was about to point them back to main pool at kano.is, then this Fedex guy came to deliver a package for me so I was delayed for a few minutes.

By the time I came back to my desktop.... I saw CK's email on block announcement and the rest is history.

vg54dett

hero member

Activity: 501

Merit: 500

I am mining since a year with pools and I'm considering trying solo.
So I have a newbie question:
if you want to use few devices at solo mining , what is the best strategy ? all devices to the same address with workers name ? or each device working on a different address ?
Another newbie question : is there a strategy in rebooting devices some times with solo mining ? or instead should we try to manage to avoid reboot or power cuts ?

sorry if this has been already asked, and thanks for any help !

hedgy73

legendary

Activity: 1414

Merit: 1077

I've stopped home mining completely now and have sold my equipment, just rent some hash to solo mine here when I have some spare money but even that's getting hard to justify.

bctmke

sr. member

Activity: 294

Merit: 250

Oh and to add to the comparison

"bestever": 19859897518

bctmke

sr. member

Activity: 294

Merit: 250

Quote from: Mikestang on April 13, 2016, 02:06:42 PM

Once the network diff jacked up over like 80G people really got turned off (no pun) from solo mining and stopped. There's not nearly as many active solo miners as there was just a while ago. I think the halving could change all of this, but we shall see...

In the mean time, where I live electricity cost means there will never be ROI, so I mostly solo mine just for the chance, however slim, of solving that elusive solo block.

I expect to see the network hash rate drop a bunch at the halving. So many miners will not be able to make money for folks. So a diff drop. It'll normalize again.

Mikestang

legendary

Activity: 1274

Merit: 1000

Once the network diff jacked up over like 80G people really got turned off (no pun) from solo mining and stopped. There's not nearly as many active solo miners as there was just a while ago. I think the halving could change all of this, but we shall see...

In the mean time, where I live electricity cost means there will never be ROI, so I mostly solo mine just for the chance, however slim, of solving that elusive solo block.

ailikun

sr. member

Activity: 406

Merit: 254

Lets make a flashmob Cool

.
Let us all rent 100th each, on friday at 12pm CT(Central time) for 3 hours.
What do you think guys?

jmumich

full member

Activity: 209

Merit: 100

Quote from: hodedowe on April 13, 2016, 12:09:28 PM

Quote from: thedreamer on April 13, 2016, 11:58:47 AM

My last solve was 270B.
Pool's running slow now. Lol.

Pool fee went up, hash rate went down, difficulty went up. It's all numbers. It'll happen again, it'll just take a bit longer.

I doubt it's much more than bad luck - just a rough calculation but I think it would take this long to see a block every 1 in 20 blocks or so. So bad luck, but not extraordinarily bad.

But it makes it a little less fun, unfortunately - we were a bit spoiled a few weeks ago after a string of good luck - even those of us that didn't find a block, it's still fun to have a small rental going and see the Solo CK Pool pop up.

hodedowe

sr. member

Activity: 359

Merit: 251

Quote from: thedreamer on April 13, 2016, 11:58:47 AM

My last solve was 270B.
Pool's running slow now. Lol.

Pool fee went up, hash rate went down, difficulty went up. It's all numbers. It'll happen again, it'll just take a bit longer.

thedreamer

legendary

Activity: 1694

Merit: 1002

Go Big or Go Home.....

My last solve was 270B.
Pool's running slow now. Lol.

Topic: [∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 200. (Read 1514767 times)