Post
Topic
Board Beginners & Help
Re: Yet Another Newbie Question: Regarding getting bitcoins
by
Arxan
on 30/06/2011, 02:13:23 UTC
... generating a block solo with only a GPU or two could take a very long time.

For example, I'm currently mining in a pool with one GPU at about 350 MHash/sec, and in the past 8 days have earned 2 bitcoins.  Projecting that out very roughly, if I were mining solo, that two weeks would represent 2/50 ths of the effort required to generate a block, which means I would on average generate one every 50 weeks.  Of course, by then the difficulty would have gone up dozens of times and I would have to be pretty lucky to generate one at all.