Lookin to see if anyone knows the best solo LTC settings, ive been solo'ing for 13 days, and no block, got close yesterday with 52.9M/~59M diff, but no block.
i have 24 active connections, 6.5Mhash, scantime: 10 Queue:1 expiry:120.
I am gonna go a few more days, but with this kind of luck, I will surely be moving back to pool asap.
i have 24 active connections, 6.5Mhash, scantime: 10 Queue:1 expiry:120.
I am gonna go a few more days, but with this kind of luck, I will surely be moving back to pool asap.
Not worth it. Use a pool.
With 6.5Mh/s, you have an 85% chance of finding a block in 14 days.
Yeah, with so much time invested already, I wouldn't stop till I find a block.
You're pretty much guaranteed one in the next few days anyways.
False. Finding a block is like flipping a coin, getting a heads is no more likely whether the last ten flips were all heads or all tails.
You're pretty much guaranteed one in the next few days anyways.
Did I ever say 100% chance?
All I said is that the odds are massively in his favor now that he has been mining for 13+ days.
I know the chances of finding a block are each statistically independent; I'm not falling for the gamblers fallacy.
But using your example, the more coins you flip, the higher the chances of you getting a heads (not a higher chance in one toss; a higher probability overall)
Likewise, the more days he mines, the higher the chances that he'll get a block eventually.