Topic: [∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 301. (Read 1514786 times)

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5 TH is 5 Th no matter if it comes from 1000 S1 or one S7

Not. Making hashes is instant. (Well, almost immediately instant. A single hash is not hard math for ASICS). Better chips only give you more hashes for the same power.


Getting that hash is like scratching off a lottery ticket. Sometimes - most times - you get nothing, or $3.00, or some baloney prize. But imagine if you could stand there and scratch off 5 billion tickets per hour. You'd be way more likely to win the big prize vs someone that scratched 10 tickets per hour.

I've said it before, you can "find a block" with a CPU miner or a high powered S7. You're just way more likely to find it with an S7 because you're scratching off a bazillion times more tickets.


Or you can think about it like dating. You can go up to one girl a week and say, "Hey, leme get dat booty, baby!" and get your face slapped. That's a hash that wasn't a block.

You can then clone yourself to the point you can ask 10,000,000 girls a night the same question and one of you will eventually find a slutty girl that likes it. He is getting laid. Ding! That's a block found.

Now we can talk about aids. Say you sleep with one slutty girl. That's a hash.....

if they are both mining at exactly 5.000 Th, the probability is the same.

Am i right?



I have a question for you guys - why is it so very common for the same pool to hit 2 consecutive blocks?

Here's what he means.

lets say ive got:

25 antminer s1, giving me ~ 5 th

or

1 antminer s7, giving me ~ 5th too.

All of them are working fine, and using the same internet connection.

But the probobility of finding a block with s7 might be higher, because its more efficient and each chip is faster and better.
Or not?

tadaam

yes these logic was already explained...but maybe you can explain this for me.....unfortunately I don't have specific stats as at that time I wasn't carrying much...

I had an array of different GPUs...
form 5700 series up to r9 290....

and I'm pretty sure the amount of blocks that 290 generated was way more important that the rest of all my gpus....and i used to have maybe 20 of them in total...
however it was scypt and x11 algos.....i'm not sure if that matters.....

also last year I was mining a cpu only prime algo coin...

I had 5-6 pc mining ...from a laptop to powerfull gaming desktop....amd and intel cpus...

the slower one never even found a block.....and all the mediums ones even if their total hash rate was way greater that my fastest desktop didn't even matched what that the fastest singe cpu mined.....

all these makes me somehow perplexed....

It's simple maths.

Each hash you do currently has a one in 65848255179.70261383 x 2^32 chance of finding a block
(or 1 in 2.83x10^20)

So if you do 500Trillion x 3600 hashes (500TH/s for an hour) or 1000Trillion x 1800 hashes (1PH/s for half an hour),
in both cases you've done the same number of hashes thus the same chance of finding a block.

In both cases that's 1 chance in 157 of finding a block.
Of course it's all chances, no guarantees, but it is the same chances in the 2 cases.

These is no magical correlation between one hash and the next, that's the whole point of the sha256 hash algorithm.
Each hash has the same chance as the rest, no more and no less, and each hash result is 'randomly' independent of the previous.

If I had a nickel for every time I've said this

I didn't say I was EXPECTING....just tried....it was running for +/- 3 days if I remember...and I think the cost was around 0.35...

It's a learning process....

because I'm still not convinced that slower machines even at equal hash speed have the same chances as faster ones...

If I recall well from scypt mining few years back......faster GPU were hitting blocks way more frequently that slower GPUs....

I still think this applies to asics also....

West hash should be better,but I have hit with either one.

Just use the cheapest price.

The Ckpool server is USA based that is why westhash should be better,but the latency edge is small.

If you want to base it on percent I would think less then 1.

So if price is .0075 at nice and 0.0076 at west , nice would be better.

If both are at .0075 west would be better.



.35  spent at .0072 is about 77 to 1 shot at a block.

Dude you rent 350 TH with 0.35 and you expect to hit a block othwise you call it very unlucky?
Changes for hitting a block with 350 TH mining for a small period of time are very slim.

tbf the money used to rent hash could instead be put on a half decent rig or set of rigs and run for longer and you have something tangable that's worth something as well

Jacob

for Ckpool mining do i use nicehash or westhash for rent? or they are same performance for ckpool solo mining?

You are not unlucky.
You are regular)))

If everybody could find a block with only 0.35btc, this pool would oficially be magical!

Ive spent around 5btc for the last 2-3 months, and nothing.

I rented 0.35BTC 350Th...and nothing...

I also had 1.6-7 Peta for about 10 min.....LOL that was fun but nothing neither...

I must be very unlucky....LOL


BTW where is CK node located ? EU or USA

There was nothing derogatory in his response. He was simply surprised that it took 5 seconds to propagate your block across the GFW to the relay server and assumed you're not using it.

Take it easy. We've got 185 blocks orphaned so far.

Preach Kano
I understand exactly what you mean. I read so much about it I became nauseous.
Anyone who isn't familiar with some of your biggest bitcoin programming staff deposited under one company name...
Google blockstream and compare the employee list to the bitcoin programmers.
More than a couple, and it is a free country, but then listen and read what the conversations are when you can find them. The mailing list is the best place to start. Read from about June of this year forward, and then go back as far as you can and begin reading forward.
Extremely interesting.
Long reads, yes, but worth it for the history learned, mistakes saved, and future choices you may not be aware even exist.


On another note, I see a couple of mentions regarding custom bitcoinDs.
Doesn't this break us away from the programming team and more towards a pool operator / owner?
Some things are difficult to regulate and depend on the decisions of people. We will have fewer of those things in life as time goes on. For now you may still catch the occasional stack of newspapers where you drop your money in a can, pickup a rock, get your paper and go on, run a used tire shop for cash, sell T-shirts at concerts, or any sorts of things where there is a gray area. A place where decisions made by the management and ownership determine if it is a benefit to the community.

Outside looking in at a situation you wouldn't say a business is great just because it makes money. It must also have benefits for a (the) community who helps to make it successful. If you discovered the people running the show at that company were doing shady things to give themselves an advantage would that be ok as long as they were making good profits? Things that have byproducts like hurting their competition who do things correctly to help everyone to make more profit. Using the size of their company to leverage themselves in an even better position to tackle more situations to leverage their position.
What if you were making money based on their profits? Is it a little more OK then? Or, with the above scenario did you already assume you were in a position to be making profits while reading the question?

My main question was this:
I'm wondering if I could hear some follow up to custom bitcoinds'?
Specifically, if you guys were to make your own custom bitcoinD with that vein of feature-set, what would they be and why?
If everything is too much too list, please venture a guess at the more controversial ideas.

Well, but one caveat... For example, Kano and / or CK reply to this then they should use a mindset with a priority of being selfish and making changes benefitting them personally first.

How far is such a list from one which would better the entire bitcoin community, or at a minimum, the mining community?




More on topic in general I suppose is I am getting closer to putting one or more dedicated miners on this solo pool or selling them. I think the price drop pushes me to selling them but I am trying to justify half and half.
In a wishing world I would earn twice as much as needed so I could place half here, hah!
I must need to work harder! Giddyup.
 

so :

me, hopefullminer, and Fingolfin  along with wmtomlinso


 may the BTC karma gods be with us.

I know it is not much but i put my S5 and S3 maybe it will be that cherry on top

Yeah there's random delays with data crossing the GFW
I get the impression f2pool doesn't use the relay network either
So when pools outside china see blocks found inside china (inside the GFW) is often slower.

I've also run testing on that with antpool and mining to antpool regularly sees blocks as much as 10 seconds sooner at the miner than the network, so I'm also not sure if there are other pool coded factors in that ...

This will become more apparent as block size increases.
Though, even though the blocks mined have been showing around 60% support for BIP100 for a while now - there's still no sign of the bitcoin devs doing anything about it ... as I've said for a while the bitcoind devs really don't give a crap about mining or the opinion of miners ... they all have their own agendas.