Trying to figure out making order of high th/ph for 20 minutes,
for .10192263
Any help? using nicehash
You have roughly a 1 in 250 chance. When renting, it is more how much you put in, rather than how much you rent.
ezeminer is correct.
what you do to get an idea odds is go to bitcoinwisdom.
go to this chart
https://bitcoinwisdom.com/bitcoin/difficultyput in 1 th and see your daily earnings for this adjustment earnings are 0.007637 per th
so if you pay less then that price the odds are in your favor.
think like the 3 digit number the lotto the goverment pays 500 to 600 to 1 the real odds are 1000 to 1
so if you bet 1 dollar a day and I give you 1050 to one you could make some money in the long run. maybe not that day but day after day bet after bet most likely you would end up ahead.
So if you rent hash under current price of 0.007637 a th and mine on ck's pool you should win. does not mean you will win.
@ ziploc we have done it more then one time.
and here it is again 0.007637 is the magic number to pay.
but you need to take into account fees and the correct number becomes about 0.0073 per th.