Post
Topic
Board Pools
Re: [150TH] [PPLNS 0.5%] Jonny's Mining Emporium (bravo-mining.com)
by
philipma1957
on 19/02/2018, 02:30:41 UTC
Besides the rise in price is also the corresponding rise in difficulty.  When I started this pool in 2015 you had a pretty decent shot of hitting a block or even two by renting 1PH.  The very first block I found was with a rental like that.  Now, a 1PH rental has a very slim chance of finding a block.  Of course, the difficulty when I started was 65,848,255,179.  A bit different than what it is now Smiley

it is why I used the 1btc example  if I rent  1btc at close to the fair price  1/13 or 1/12.5  is my math  or percentage chance of a block

problem for me is 10,400  is simply not doable..

1 btc at nicehash  would get a lot of hash now

.0812 btc is 1 ph for a day    but  your chance of a block is around .0812/125  or 153 to 1

at 10000 a coin  .0812 btc = 812 usd  a lot to lose if you miss.

at 500 a coin .0812 btc = 40.60 usd  not too bad

I need my bigger rentals last spring  when coins was going over 2000 I realized the only way I could lose out was a cold streak  with the rentals  .  So I stopped them ..  At the moment I have 30 gpus mining

here is one gpu  of my 30
https://www.nicehash.com/miner/3QPFEdX8rtXHoVZHct5eUbp7AK1t1vRMfL

in 2 weeks time I will earn enough to do a rental here.  and I will  if it misses I will lose 55 usd