Topic: [∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 327. (Read 1514786 times)

close to 38%

you need to pay 9.5 -10 btc   to be worth while.

the current math is 1115th earns 9.451 btc in a day


so  9.451/25 = .37804 or about 38%

you would be really overpaying if you pay 12btc  now of course this is long term math.  as any play such as yours in a day could do 0,1,2,3,4,5 blocks more then 5 is not likely .

My calcs show that if you did this and pay 12 btc you are gambling since the odds are against you.

If you do this and pay 9 btc you are investing since the odds are in your favor.

that 9.451 btc number is reached right here

just plug in 1115 th  and look at 24 hour or Day  earnings

https://bitcoinwisdom.com/bitcoin/difficulty

Hello,

what is the chance when i rent 1115THs (1.1PH) for 24h for 12 BTC?

Best Regards,
Willi

I'll post it up sometime in the next few weeks. I'll clean it up a little first. It's really just a menagerie of bash scripts running on a local console through tmux that I then dump to text files, wrap in some html, and push to a web server via scp. But yeah I'll clean it a little then post it with a howto.

I read this thread and heard so much good about CKpool solo that I want to try it for awhile. Thank you for providing this thread so I can see before I jump in.

25 minutes to go and best share is 1023237563.7662522.. just added another 20th for 3 hours.. lets hope it give me the boost I need....

  1,2 PH ...

anyway Congrats to the pushing one.

Solo block.
https://blockchain.info/block/00000000000000000c31e4e5f86a07da26033cea7f6f1e3920fc8b6a70f7838e

17PWkQgtX4iqEGUCw5KPNhouPz8oTKNWhQ
Looks like about 1PH

About the same for my rentals - "bestshare": 4427928080.1550922. I think this pool is due for a few blocks soon! Good luck guys 

I've been stuck at 4.6B for like a week now. LOL

Thanks 

May the luck be with you!

Lets see what 100TH for 12 hours will bring...wish me luck guys and dolls!

That isn't going to have any bearing on your finding a block.  The current difficulty is 59,335,351,234, which is way more than 1000.

But, if your using CGMiner you can use the suggest difficulty command line argument.  Again that will have no bearing on your finding a block.

Is there any way to set the minimum or maximum difficulty on the client side? Every time I start my U2, U3 or Compaq's, it takes almost 10 minutes before the diff comes down from 1000 to where I can start getting blocks?  This happens with both CG Miner and BFG Miner for me.

I've made it so that solo.ckpool.org is now IPV6 as well as IPV4 so if you have IPV6 compatible networking it will (usually) choose to route you through IPV6 in preference. The solo6.ckpool.org address still works but is not really necessary, however it forces IVP6 networking.

If you don't know what any of this means, don't worry, it won't affect you in any noticeable way.

I'll concede to the redirection argument as the identifying bits would destroy the hash, but the withholding stands. If I'm selling lottery tickets (rented hash) I want you to keep buying them, I don't want you to win and stop until I've more than paid for my expenses and shiatsu massage.

No that's not all of what you said further above.
... and you can't redirect a block.

Anyway, I've already posted a thread about withholding ...
https://bitcointalksearch.org/topic/pps-block-withholding-and-rentals-1002086

Right, however we're talking about rented hash pointed to a solo pool. Withholding or redirecting a block means the customer stays a customer, buying more and receiving nothing. Thus you're continually feeding yourself by renting out hash and providing hope but very seldom or never paying out with altered machines.

iam purely agree with kano.
yea so i can see that you can easily learn about satoshi's proposal again.

Sigh, no idea why some people are confused about all this.
Must be bitcoin n00bs who didn't learn what a block header is.

When you hash work, the work ALREADY has the address to which it will be sent.
When you find a block with that work, it is set in stone already.
You CANNOT change the coinbase transaction of a block to go to another address, since if you did, it will NO LONGER hash to being a block.

The pool accepts all shares that match the work sent to the miner, so it knows all the hash rate the miner sent to the pool.
What a miner could do is under represent his hash rate by not sending back 'some' shares, maybe only send blocks, but that would just make the pool look better

When you find a block, you have to send it here to make it able to be sent out to the bitcoin network, since the pool knows the full transaction details of the block, required to submit the block to the bitcoin network.
It is possible to calculate the merkle tree, but you'd be stupid to not send a block to the pool, since the pool is extremely more likely to transmit that block around the bitcoin network faster than you would.
Withholding a solo block is pretty much insane, since no one but the miner and the fee to -ck would lose.
No one else on a solo pools would lose anything due to someone else withholding a block.