[∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 477.

-ck

legendary

Activity: 4088

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Ruu \o/

Quote from: WBF1 on September 16, 2014, 03:30:21 PM

question/scenario:

Lets say I have 8 equal devices.

If my goal is to use 1/8 of my work as a "lottery entry" in trying to find a block solo mining, is there a difference between the following 2 scenarios?

scenario 1) running 1 of these devices on solo pool full time and the other 7 on a regular pool full time

scenario 2) running all 8 of these devices for 1/8 time on solo pool and 7/8 time on a regular pool

or put another way, is there any difference between a low hashrate over a longer amount of time or a proportionally higher hashrate over a proportionally shorter amount of time when solo mining?

It makes no difference overall. However there is benefit to one device running full time on solo pool as the mining works better when it's not flicking from one pool to another repeatedly.

WBF1

sr. member

Activity: 419

Merit: 250

question/scenario:

Lets say I have 8 equal devices.

If my goal is to use 1/8 of my work as a "lottery entry" in trying to find a block solo mining, is there a difference between the following 2 scenarios?

scenario 1) running 1 of these devices on solo pool full time and the other 7 on a regular pool full time

scenario 2) running all 8 of these devices for 1/8 time on solo pool and 7/8 time on a regular pool

or put another way, is there any difference between a low hashrate over a longer amount of time or a proportionally higher hashrate over a proportionally shorter amount of time when solo mining?

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

I see some people trying to authenticate on this pool with regular usernames. Please note you can ONLY mine on this pool with a valid bitcoin address as your username!

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: rolling on September 12, 2014, 12:03:28 PM

In the first post you said "All you need to confirm you are mining to your own address is to examine the coinbase and template sent to you over stratum."

How would one go about viewing the data sent to a miner over stratum?

Start cgminer in debug mode and dump the output to a log. Adding the options: -D -P -T 2>log.txt
Cgminer gives a hex dump of all the stratum fields, you can examine the coinbase fields. The part of the coinbase that determines which wallet you are mining to doesn't change for the life of a stratum connection.

os2sam

legendary

Activity: 3586

Merit: 1098

Think for yourself

Quote from: rolling on September 12, 2014, 12:03:28 PM

How would one go about viewing the data sent to a miner over stratum?

I would use Wireshark

rolling

hero member

Activity: 824

Merit: 712

In the first post you said "All you need to confirm you are mining to your own address is to examine the coinbase and template sent to you over stratum."

How would one go about viewing the data sent to a miner over stratum?

zefir

donator

Activity: 919

Merit: 1000

Quote from: -ck on September 12, 2014, 06:33:59 AM

I doubt it. Remember my code is all free software...

My sarkasm was too subtle. Following the cgminer development I assume that if you take your invested time and divide through the donations and perks received, what remains is an income somewhere between junior SW developer and apprentice. Sure, open source does exist mostly founded by motivation other than money - but at the end of the month (and cgminer looked like a full-time project) still someone needs to pay the bills.

With that in mind, your decision to release ckpool open source deserves respect, since (unlike cgminer that is essential for the hobbyist miner) it more serves the 'big guys' who could afford and be willing to pay for such SW.

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

Quote from: -ck on September 12, 2014, 06:01:07 AM

Quote from: gallery2000 on September 12, 2014, 05:53:32 AM

Thank you. Can you compare your pool vs. GHASH. Is your pool faster, better, luckier, cooler than Ghash? Thanks.

Yeah sure, all of the above Cheesy

... but then it's also for a totally different audience. Ghash is for sheep. This pool's for demon lords.

Great answer! Here's hoping this particular demon lord can expand his holdings by hitting a block. I do hope some small miner hits a block here. That would be far more interesting to read than "Hey, some giant entity just solved yet another block. Yay." I'm glad you decided not to post any more of their block hits.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: zefir on September 12, 2014, 06:28:34 AM

Quote from: -ck on September 12, 2014, 02:55:43 AM

Resources, connectivity, stability, datacentre location, bandwidth, storage and being outside the Great Firewall of China.

Ok, I'll interpret it as: if you are already running a bintcoind node, mining over solo.ckpool.org or over your private ckpool is essentially the same.

If you have high speed connectivity, storage and reliability, uptime etc. yes you could do it all yourself.

Quote from: zefir on September 12, 2014, 06:28:34 AM

Quote from: -ck on September 12, 2014, 06:01:07 AM

I'm pretty sure the entire bitcoin network could mine here.

I seriously assume this will happen within the next year (when mining is done by a dozen giant solo-miners). What did not work out with cgminer, will do now with ckpool: you will be insanely rich - maybe...

I doubt it. Remember my code is all free software...

zefir

donator

Activity: 919

Merit: 1000

Quote from: -ck on September 12, 2014, 02:55:43 AM

Quote from: zefir on September 12, 2014, 02:44:27 AM

What I don't get fully: is there any advantage of mining on your pool (on a dedicated instance) over running a private ckpol for one's farm? Or more generally: does it make a difference at all to any miner (income wise)? Only reason I could think of is your bitcoind is better connected to other nodes and therefore updates blocks faster - at the cost of propagating this info to the other end of the world. Or am I missing something?

Resources, connectivity, stability, datacentre location, bandwidth, storage and being outside the Great Firewall of China.

Ok, I'll interpret it as: if you are already running a bintcoind node, mining over solo.ckpool.org or over your private ckpool is essentially the same.

And re:

Quote from: -ck on September 12, 2014, 06:01:07 AM

I'm pretty sure the entire bitcoin network could mine here.

I seriously assume this will happen within the next year (when mining is done by a dozen giant solo-miners). What did not work out with cgminer, will do now with ckpool: you will be insanely rich - maybe...

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: gallery2000 on September 12, 2014, 05:53:32 AM

Thank you. Can you compare your pool vs. GHASH. Is your pool faster, better, luckier, cooler than Ghash? Thanks.

Yeah sure, all of the above Cheesy

... but then it's also for a totally different audience. Ghash is for sheep. This pool's for demon lords.

gallery2000

hero member

Activity: 784

Merit: 1000

Live Stars - Adult Streaming Platform

Quote from: -ck on September 12, 2014, 05:45:26 AM

Quote from: gallery2000 on September 12, 2014, 05:37:11 AM

So, a 120TH would give me an average of 1 block a difficulty level? Do you recommend solo mining with 120TH? Thanks

Recommend? Only if you like high risk stakes, as there is absolutely no guarantee that you'll actually get a block, even if on average mathematically you'd get one. You could get 5, or you could get none for the next 5 diff changes. Everyone would have a different view of how much risk they're willing to accept in order to increase their potential earnings with any investment and this is no different. My opinion is virtually irrelevant.

Thank you. Can you compare your pool vs. GHASH. Is your pool faster, better, luckier, cooler than Ghash? Thanks.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: gallery2000 on September 12, 2014, 05:37:11 AM

So, a 120TH would give me an average of 1 block a difficulty level? Do you recommend solo mining with 120TH? Thanks

Recommend? Only if you like high risk stakes, as there is absolutely no guarantee that you'll actually get a block, even if on average mathematically you'd get one. You could get 5, or you could get none for the next 5 diff changes. Everyone would have a different view of how much risk they're willing to accept in order to increase their potential earnings with any investment and this is no different. My opinion is virtually irrelevant.

gallery2000

hero member

Activity: 784

Merit: 1000

Live Stars - Adult Streaming Platform

Quote from: -ck on September 12, 2014, 05:12:05 AM

Quote from: gallery2000 on September 12, 2014, 04:34:21 AM

Quote from: -ck on September 12, 2014, 02:22:06 AM

Another block by the same entity:

https://blockchain.info/tx/5fccb119cb35159128f4b7079fb1c3645d4e65c52cf4cc7298146942dde357b6

I won't bother posting any more if these guys find them.

Let's hope some regular miners have some extraordinary luck instead!

Can you give us the hash rate to achieve this kind of success?

One of the features of this pool is meant to be anonymity so I can't really tell you how much they have.

However I can tell you how much you would need to get a block every day on average at current difficulty: About 1.4PH

So, a 120TH would give me an average of 1 block per difficulty level? Do you recommend solo mining with 120TH? Do you think that is a gamble or a stupid investment decision? If so, which one sounds better, " a gambler" or "a stupid investor"? Thanks.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: gallery2000 on September 12, 2014, 04:34:21 AM

Quote from: -ck on September 12, 2014, 02:22:06 AM

Another block by the same entity:

https://blockchain.info/tx/5fccb119cb35159128f4b7079fb1c3645d4e65c52cf4cc7298146942dde357b6

I won't bother posting any more if these guys find them.

Let's hope some regular miners have some extraordinary luck instead!

Can you give us the hash rate to achieve this kind of success?

One of the features of this pool is meant to be anonymity so I can't really tell you how much they have.

However I can tell you how much you would need to get a block every day on average at current difficulty: About 1.4PH

gallery2000

hero member

Activity: 784

Merit: 1000

Live Stars - Adult Streaming Platform

Quote from: -ck on September 12, 2014, 02:22:06 AM

Another block by the same entity:

https://blockchain.info/tx/5fccb119cb35159128f4b7079fb1c3645d4e65c52cf4cc7298146942dde357b6

I won't bother posting any more if these guys find them.

Let's hope some regular miners have some extraordinary luck instead!

Can you give us the hash rate to achieve this kind of success?

pekatete

hero member

Activity: 518

Merit: 500

Quote from: -ck on September 12, 2014, 02:55:43 AM

Quote from: zefir on September 12, 2014, 02:44:27 AM

Quote from: -ck on September 10, 2014, 04:19:37 PM

They were so large they approached me about a special instance so their hashrate would not appear on the general solo pool's hashrate.

What I don't get fully: is there any advantage of mining on your pool (on a dedicated instance) over running a private ckpol for one's farm? Or more generally: does it make a difference at all to any miner (income wise)? Only reason I could think of is your bitcoind is better connected to other nodes and therefore updates blocks faster - at the cost of propagating this info to the other end of the world. Or am I missing something?

Resources, connectivity, stability, datacentre location, bandwidth, storage and being outside the Great Firewall of China.

Whoooa Chinese! They probably are the ones responsible for the 3PH jump on slush's pool last night too.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: zefir on September 12, 2014, 02:44:27 AM

Quote from: -ck on September 10, 2014, 04:19:37 PM

They were so large they approached me about a special instance so their hashrate would not appear on the general solo pool's hashrate.

What I don't get fully: is there any advantage of mining on your pool (on a dedicated instance) over running a private ckpol for one's farm? Or more generally: does it make a difference at all to any miner (income wise)? Only reason I could think of is your bitcoind is better connected to other nodes and therefore updates blocks faster - at the cost of propagating this info to the other end of the world. Or am I missing something?

Resources, connectivity, stability, datacentre location, bandwidth, storage and being outside the Great Firewall of China.

zefir

donator

Activity: 919

Merit: 1000

Quote from: -ck on September 10, 2014, 04:19:37 PM

They were so large they approached me about a special instance so their hashrate would not appear on the general solo pool's hashrate.

What I don't get fully: is there any advantage of mining on your pool (on a dedicated instance) over running a private ckpol for one's farm? Or more generally: does it make a difference at all to any miner (income wise)? Only reason I could think of is your bitcoind is better connected to other nodes and therefore updates blocks faster - at the cost of propagating this info to the other end of the world. Or am I missing something?

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Another block by the same entity:

https://blockchain.info/tx/5fccb119cb35159128f4b7079fb1c3645d4e65c52cf4cc7298146942dde357b6

I won't bother posting any more if these guys find them.

Let's hope some regular miners have some extraordinary luck instead!

Topic: [∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 477. (Read 1514844 times)