Quote from: googlebot1 on June 24, 2011, 03:39:59 PM

Quote from: Adam on June 24, 2011, 03:21:20 PM

Solo mining is undoubtedly better mathematically, but you could mine for years without ever finding a block and I just can't see that sitting well with most people.

The alternative is heating and noising up your house for a wimpy 0.72 BTC a day on the same assumptions. That's really not worth the hassle.

On the other hand, I have switched 1 week ago from pooled to solo mining, after earning 3 BTC in total, the hard way. Today I have 53 BTC in my account, that's really worth the effort. The big profits make you smile. IMHO, a trickle profit of <1 BTC really isn't much more satisfying than 0 payback and the chance for big cash. That might be interesting for kids converting their parents' electricity to cash, but not for me.

So you ignore the equally as likely case (more likely based on available anecdotal evidence) as "myth" because you personally found a block? i suppose that's easier than debating it.

Anyway, kudos to you for enjoying high risk activities, regardless of whether or not they will truly yield better results, might also look into las vegas and play some games of chance, as well as a lady of the evening (a different game of chance).

Myself though i'm not living at home sucking off mommies teat, and so the cost of running a miner is real, and i need to make a showing for doing so, not just sit at the slots and pull the lever until a little bit of change falls out and makes a big noise.

Just a note, the "average" time to find a block with a single 5870 at the current difficulty is now 152 days, 8 hours, 40 minutes. in that time there will be between 11 and 22 difficulty changes, almost all of them upwards, the ones in the near future will be large. You think that statistically speaking you are really likely to find another "big fat payout" in that time? Does .5 BTC per day seem less appealing than 50 btc per who knows how much time (likely a year)?

Anyway, it's good to see soloers, that's what the system was all about, but don't pretend that pools are just for lazy ignorant masses, they're for people who don't get off on rolling the dice because often the dice don't come up well.