Post
Topic
Board Beginners & Help
Re: Payment (if I discover a block) when solo-mining..?
by
wirabhumi
on 01/10/2013, 10:41:30 UTC
I found a block when it should have taken me over 300 days, so it is possible.

Somebody wins the lottery, so it is possible to win, but that doesn't make it a worthwhile investment. Just because you won the bitcoin lottery, doesn't mean that I am likely to win.

Anyway, the amount you earn from mining in a pool is expected to be about the same amount that you will earn mining solo. It is a mistake to believe that if you earn 0.00000123 mining in a pool, that you can earn more mining solo.

The fact is that if you mine 0.00000123 BTC in a day, then the chance of finding a block each day is 0.00000123/25, or about 1 in 20 million. http://www.youtube.com/watch?v=KX5jNnDMfxA

Seems like finding a bug, in the jungle.
Too small chance