Post
Topic
Board Economics
Re: 300 x S7 Antminers, 2 years ROI, 2 years=out of date hardware - worth it?
by
Amph
on 16/02/2016, 10:03:22 UTC
with that amount of hash i would have tried to go weith solo, because in the past it was like doing 20 btc daily with the old diff

even now it is 1/5 of a block, so it should be quite easy to find a block, anyway you cna sell your asic if they are not profitable anymore, this is a common strategy to reach roi faster

you mine only for half the roi time and then sell, you should have break even plus some profit

Hey,

That's a good point. How does solo mining work? Does the difficulty increase? The probability of solving a block are slim?

Thanks

you need patience when mining in solo, i've never found a block on bitcoin in solo, but i've found plenty with altcoin

usually you will find a block when your diff rise above the threshold(best share is called, i think) you can see that on cgminer or whatever software you're using