Post
Topic
Board Announcements (Altcoins)
Re: [ANN] INTENSE COIN - Blockchain backed decentralized VPN - Hybrid PoW
by
Crate Mayne
on 29/10/2017, 03:40:50 UTC

I think this time isn't a good idea start a solo mining, I've about 1kH/s of haspower. Does anybody with this haspower solo mining at this time?

I wouldn't bother trying to solo mine with that. I'm at ~2kh/s with my "hobby rig", and tried out a new pool the other day that had only one other miner with like 400h/s (as I figured it to be a good way to see what I might do essentially solo mining without the need to actually set myself up solo mining)...

And with the very low difficulty these past few days (in the 30s), it showed avg block times of like 7 hours for our combined ~2.5kh/s... Which sounds decent, until you get hit with an extra effort block that takes almost full day to hit. Thus you've spent all day mining just to earn 1/4 of what you'd steadily earn at a pool with decent hashrate.

Estimates for earnings were like 7000 coins when I did my fake solo-mining experiment... Yet after 24 hours I walked away with 2600 coins from 3 blocks (I started mining on that pool at the tail end of that 1st block being close to found) and promptly went back to a pool with decent hashrate. At my hashrate it wasn't worth hoping for lucky days, knowing that the unlucky ones could be so far off from the steady pool payouts.