Quote from: BLNT on July 28, 2017, 11:34:48 AM

Quote from: gurumeditation on July 27, 2017, 11:06:11 PM

Quote from: BLNT on July 27, 2017, 10:34:16 PM

Anyone solo mining, or is it just too much of a crap shoot at this point?

Are the steps (given here http://cryptovore.com/2017/07/19/how-to-mine-signatum-sigt/) for solo mining the preferred method?

Can you combine rigs to increase your chances, or is each rig essentially on its own? Managing 150-200 MH/s per rig.

... also, what's the definition of "LUCK" with regard to values given on mining pools pages?

THANKS

I know one guy found a block with solo mining today, but he has a veeeery high hashrate, and obviously a loot of luck, and yes you can point all your rigs on one wallet, if you have the skills to do that.
My advice is you'd better avoid solo mining unless you can put thousands MH/s on sigt.
Regarding luck, on suprnova for example, average 1 block per minute with 589,459.63 MH/s on the pool, do your maths.

ok.

Let's say I can throw 1GH/s at mining SIGT. That puts suprnova at about a 600x hasrate over me.

Help me to understand some of the basics here:

1> Does this mean that, on average, I'll mine a block every 600 minutes (10 hours)?

2> What's involved in being able to mine a block for myself? Must I individually mining all the shares start/finish prior to someone else? How does this "work"?

3> Do I stand any better chance having several rigs all pointing to one wallet, or is the sum total of all my rigs (independently) just as effective for solo mining?

4> Currently, the reward for a block is 2500 SIGT, correct?

5> For solo mining, are there other sources of "income"? I've heard of orphans and uncles with regard to some mining pools, but have no idea what that refers to.

... thought I'd stop short of "twenty questions"...

THANKS

1. assuming a 1000Gh/sec network hash rate, 1Gh/sec will, on average over a long time, provide 0.1% of the blocks. there are 1440 minutes in a day, so you're looking at maybe 1.44 blocks on average per day you could hope to find solo. HOWEVER, this depends on a few things: you finding the block and submitting it into the network before anyone else does and that block being accepted by all nodes in the network.

2. there are no 'shares', finding a block is simply a luck thing. you need to generate a hash from the algo that is more 'difficult' than the required difficulty. if you do this, your miner picks transactions from the mempool, encodes them in a block using the hash, and submits the block to the network. if the network accepts the block, all the nodes in the network will add it to the chain. if multiple blocks are found around the same time, the first one to make the 'journey' around to the nodes becomes the accepted and the other becomes the orphan. on a pool, you submit any hash that is over the 'stratum difficulty' and you are given a 'share' of the block reward depending on the total difficulty of all hashes that you submitted. if you happen to submit a hash which is higher than the network difficulty, the pool encodes a block and submits it to the network. if that block is accepted etc, then the pool distributes profits to the miners depending on several various systems, my pool (hashbag) uses a PPLNS or 'Pay Per Last N Shares' system where you are paid a part of each block reward based on the total difficulty of shares you submitted over time - i.e. the payouts are done independant of the block boundaries. suprnova uses a PROP system or "proportional" where the block reward is immediately divided to everyone who submitted shares for that block. there are other payout systems as well, just look up PPLNS / PPS / PROP etc.

as a solo miner, there are no shares since you never submit a hash until you found one which you can encode a block with.

3. you have the same chances no matter how many wallet addresses you use - it's all luck if any one of your generated hashes is above the network diff. sometimes a single card might pull off a 15k diff share within 5 mins of starting to hash.. other times not for months.. more hashes/sec just means more chances to pull off that elusive share which you can encode a block with. i would recommend pointing to the same wallet to make it easier to deal with any resulting rewards; and especially on a pool as you can see a list of all the workers and shared hash rate, whereas splitting wallets will be difficult to manage.

4. correct, block reward is 2500SIGT up to block 30k.

5. solo mining has no reward other than if you happen to find a hash; if you find a block but then it is orphaned due to a pool (who is usually well connected to lots of peers) finding a block between the time it takes for your block to generate and to end up in the pool's blockchain, then you lose your reward. some pools consider your shares for orphans and some dont, depending on the payout system. you take 100% of the risk with solo mining. it CAN be profitable, but it can also be almost nothing. my pool for example has had reasonable bad luck in the past 1hr30mins - we have found 0 blocks, however people are still getting paid thanks to PPLNS spreading the profits out across a longer period.

Quote from: candyiman on July 28, 2017, 12:02:54 PM

Stratu Authentication Failed I have no idea why any ideas?

depends on your pool, make sure you have the right -u name and -p password set. some pools want registration with account, create a worker and use the username/password for the worker, others dont require registration (e.g. hashbag just use -o stratum+tcp://de.hashbag.cc:8644 -u -p x)