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Topic: [∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 451. (Read 1514749 times)

legendary
Activity: 3583
Merit: 1094
Think for yourself
Since this is a pool for solo miners, I would assume that you would have better luck here then if you truly solo mined. Is this true? My thought was because the work is split between all the workers instead of all of use doing the same work.

Your luck is the same on a solo pool or on your solo bitcoind.

Nobody is doing the same work either way.

Solo pools usually have better connections to good super nodes so that your block, if you find one, has a better chance of being broadcasted on the network first.  When you solomine it is more likely your block will loose an orphan race.
sr. member
Activity: 319
Merit: 250
Since this is a pool for solo miners, I would assume that you would have better luck here then if you truly solo mined. Is this true? My thought was because the work is split between all the workers instead of all of use doing the same work.
hero member
Activity: 616
Merit: 500
I got Satoshi's avatar!
Just curious.. Reading about the chance of finding the solving hash of a block and understanding - I hope - how random that is, what would be the use?
I don't think there is any real use other than a little more information to know what is possible with your hardware. It would be nice to have some persistent information as it is lost on each miner reboot.
newbie
Activity: 11
Merit: 0
i guess there is one feature everyone would want:
your "best share" added to stats to see how close you have been finding a block
Yes Please! That would greatly help those of us whose miners do not report the best share Smiley

or those that rent miners and have no way of knowing how close they came.


Just curious.. Reading about the chance of finding the solving hash of a block and understanding - I hope - how random that is, what would be the use?
sr. member
Activity: 347
Merit: 252
i guess there is one feature everyone would want:
your "best share" added to stats to see how close you have been finding a block
Yes Please! That would greatly help those of us whose miners do not report the best share Smiley

or those that rent miners and have no way of knowing how close they came.
sr. member
Activity: 471
Merit: 250

Today I updated the miners I have at home, which saw 11 S3s consigned to a cold state.

Made me think ... stick a plug back on one and put it on here.

440ghs isn't a lot, but a lottery this is, as they say 'you've got to be in it to win it'.

member
Activity: 69
Merit: 10

but I don't exactly see it that way because each mining node is competing against all the others.

There is no competition.  Every hash found has an equal chance of matching or exceeding current difficulty, which is around 39.5 Billion.

If there's no competition, then why am I not solving ALL of the blocks?

Because you don't have 286541.40 Ths of hashing power.

Call it what you want, but that is competition.  That's the exact reason there are pools and hardware races for new technology.  If your not solving a block, someone else is.


If you want to think of mining as a competition then fine have it your way.  But your descriptions that I've seen so far are not correct.  Also you are not being harmed or losing anything by the initial 1024 difficulty before it adjusts down.

I wish you luck in your competition.
Take Care,
Sam
The only competition in mining is an orphan race.
Otherwise it doesn't matter when anyone finds a block coz you simply switch your work item to a new one and continue searching.
This switch also happens every 30 seconds and every time anyone on the planet finds a block.
Every block found is "randomly unaffected" by every other block found, other than a work switch.
So for example, if someone finds a block here, the next person who finds a block here could find it 1 second later, or 100 days later - they are "randomly independent" of each other.
There is no competition, there is no spoon Smiley

kind of like gin
legendary
Activity: 910
Merit: 1000
i guess there is one feature everyone would want:
your "best share" added to stats to see how close you have been finding a block
full member
Activity: 176
Merit: 110
I'm getting closer ha ha



568k not bad for my little handwarmers
sr. member
Activity: 473
Merit: 250
The only competition in mining is an orphan race.
Otherwise it doesn't matter when anyone finds a block coz you simply switch your work item to a new one and continue searching.
This switch also happens every 30 seconds and every time anyone on the planet finds a block.
Every block found is "randomly unaffected" by every other block found, other than a work switch.
So for example, if someone finds a block here, the next person who finds a block here could find it 1 second later, or 100 days later - they are "randomly independent" of each other.
There is no competition, there is no spoon Smiley

Warning: Gross simplification ahead

If you need to keep your competition metaphor ... imagine you are in a 2 week long race to find one of 2016 blocks before the difficulty changes;  Everyone who solves a block in that time period wins.  So,  Kano is absolutely right in the sense that finding one of these 2016 blocks is independent of what else has been found.  The first 2016 finishers all win.

And in about 2 weeks, the race ends and a new 2016 block race starts, which might be a little harder or easier than the last.

This all happens transparent to the miner who is happily working on a new math problem provided by the server every so often
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4

but I don't exactly see it that way because each mining node is competing against all the others.

There is no competition.  Every hash found has an equal chance of matching or exceeding current difficulty, which is around 39.5 Billion.

If there's no competition, then why am I not solving ALL of the blocks?

Because you don't have 286541.40 Ths of hashing power.

Call it what you want, but that is competition.  That's the exact reason there are pools and hardware races for new technology.  If your not solving a block, someone else is.


If you want to think of mining as a competition then fine have it your way.  But your descriptions that I've seen so far are not correct.  Also you are not being harmed or losing anything by the initial 1024 difficulty before it adjusts down.

I wish you luck in your competition.
Take Care,
Sam
The only competition in mining is an orphan race.
Otherwise it doesn't matter when anyone finds a block coz you simply switch your work item to a new one and continue searching.
This switch also happens every 30 seconds and every time anyone on the planet finds a block.
Every block found is "randomly unaffected" by every other block found, other than a work switch.
So for example, if someone finds a block here, the next person who finds a block here could find it 1 second later, or 100 days later - they are "randomly independent" of each other.
There is no competition, there is no spoon Smiley
full member
Activity: 176
Merit: 110
So tempted to spend 2btc on 5-6hrs mining @ 700Th

would use same money to longer mining time slower hash

I would hold onto the 2 BTC.

The approximate odds of finding a block in 5 hours would calculate to:

~320,000 Th/s bitcoin network
700 Th/s your hashrate
30 blocks (1 block per 10 min, 30 blocks in 5 hrs)


320,000 / 700: 1 in ~457 per block

457 / 30: 1 in ~15 for 5 hours timeframe.

Do you feel lucky?  Can you afford to lose those coins?




I know it's a risk, 1 in 15 is good odds.
I've spent more on horses and casino. It would be a kind of 1 off thing

Same here.  Right now, 2 btc is a day in Vegas  Grin

Ah but a block is a weekend, show and hooker..
legendary
Activity: 896
Merit: 1001
So tempted to spend 2btc on 5-6hrs mining @ 700Th

would use same money to longer mining time slower hash

I would hold onto the 2 BTC.

The approximate odds of finding a block in 5 hours would calculate to:

~320,000 Th/s bitcoin network
700 Th/s your hashrate
30 blocks (1 block per 10 min, 30 blocks in 5 hrs)


320,000 / 700: 1 in ~457 per block

457 / 30: 1 in ~15 for 5 hours timeframe.

Do you feel lucky?  Can you afford to lose those coins?




I know it's a risk, 1 in 15 is good odds.
I've spent more on horses and casino. It would be a kind of 1 off thing

Same here.  Right now, 2 btc is a day in Vegas  Grin
full member
Activity: 176
Merit: 110
So tempted to spend 2btc on 5-6hrs mining @ 700Th

would use same money to longer mining time slower hash

I would hold onto the 2 BTC.

The approximate odds of finding a block in 5 hours would calculate to:

~320,000 Th/s bitcoin network
700 Th/s your hashrate
30 blocks (1 block per 10 min, 30 blocks in 5 hrs)


320,000 / 700: 1 in ~457 per block

457 / 30: 1 in ~15 for 5 hours timeframe.

Do you feel lucky?  Can you afford to lose those coins?




I know it's a risk, 1 in 15 is good odds.
I've spent more on horses and casino. It would be a kind of 1 off thing
legendary
Activity: 896
Merit: 1001
So tempted to spend 2btc on 5-6hrs mining @ 700Th

would use same money to longer mining time slower hash

I would hold onto the 2 BTC.

The approximate odds of finding a block in 5 hours would calculate to:

~320,000 Th/s bitcoin network
700 Th/s your hashrate
30 blocks (1 block per 10 min, 30 blocks in 5 hrs)


320,000 / 700: 1 in ~457 per block

457 / 30: 1 in ~15 for 5 hours timeframe.

Do you feel lucky?  Can you afford to lose those coins?


legendary
Activity: 3583
Merit: 1094
Think for yourself
So tempted to spend 2btc on 5-6hrs mining @ 700Th

would use same money to longer mining time slower hash

I would hold onto the 2 BTC.
legendary
Activity: 910
Merit: 1000
So tempted to spend 2btc on 5-6hrs mining @ 700Th

would use same money to longer mining time slower hash
full member
Activity: 176
Merit: 110
So tempted to spend 2btc on 5-6hrs mining @ 700Th
legendary
Activity: 3583
Merit: 1094
Think for yourself

but I don't exactly see it that way because each mining node is competing against all the others.

There is no competition.  Every hash found has an equal chance of matching or exceeding current difficulty, which is around 39.5 Billion.

If there's no competition, then why am I not solving ALL of the blocks?

Because you don't have 286541.40 Ths of hashing power.

Call it what you want, but that is competition.  That's the exact reason there are pools and hardware races for new technology.  If your not solving a block, someone else is.


If you want to think of mining as a competition then fine have it your way.  But your descriptions that I've seen so far are not correct.  Also you are not being harmed or losing anything by the initial 1024 difficulty before it adjusts down.

I wish you luck in your competition.
Take Care,
Sam
hero member
Activity: 784
Merit: 1000
Live Stars - Adult Streaming Platform
I think ck is a female.  Ck stands for Cynthia King (no relation to Martin Luther King)
1. No.
2. How is that relevant?

Sorry, I got brain fucked because I used his BFS.   On 31 August 2009, Kolivas posted a new scheduler called BFS (Brain Fuck Scheduler).[12]
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