Post
Topic
Board Mining support
Re: probability of generating a block solo mining Bitcoin vs lottery
by
Cyaren
on 04/07/2016, 09:30:58 UTC
Right now, If I were to solo mine Bitcoin with a low hash rate (300mh/s) what are my chances of generating a block?

I heard that the chance to generate a block is like playing a lottery, like the odds are 1 in 8,000,000. Is this true?

wow a funny idea lol...
i wouldnt try it even with a really good hardware because u can never get it... too risky.
You better buy good hardware and go to pool,the profit will be small but constant,which is most important i think