I have been mining on F2Pool (at PPS mode) for quite a long time now. I just wanted to try out my luck at -ck's pool because I'm feeling lucky after this New Year
But I have a query regarding solo mining since I have no experience at all.
1. Do I need to keep my miners running 24*7 ?
2. What will happen if I stop mining for sometime in order to give a break?
3. How can I calculate my chance from the submitted shares every 5 minutes?
4. If a block is found by someone else, will I receive a fractional share from it or nothing?
6. Is merged mining other SHA-256 coins possible?
more nooby questions coming!
I'm not the expert here, but I can answer these. (1) Of course. If you're not mining, you're not mining...; (2) you won't find anything; refer to answer no. 1; (3) Why?; (4) This is a pool, but it is strictly solo mining. You only get paid if YOU find the block, and; (6) Nope. BTC only.
Actually, the solo.ckpool.org site gives answers as well.
I'm sensing that you have (like me) spent a fair amount of time on Slush's Pool, which is a great resource for newer folks as its dashboard and frontend are very user-friendly and provide good stats
for the payout system they use. It's my failover at the present. In Slush, your scoring hash rate is somehow tied to how consistent ("loyal") you are, ie., how much time you're spending connected and mining...I run about 2Th/s at the moment, and it takes sometimes 2-3 hours to achieve "normal" scoring hash rate after being down for any length of time at all.
Kano's pool ROI is different; you get paid your comparative share, but it is not held in abeyance for some sort of threshold. It's sent manually as soon as the required confirmations are complete. Again, he's got a good explanation on it at
www.kano.is (ie., ckpool). When I finish my self-imposed solo mining expedition on the 8th, I'll be going to Kano I believe.
Dunno if that's helpful.
Oh...short postscript...I never waste energy actually computing "chance." You're either lucky, or you're not...