How much did you get out of that block you found?
I've got a little over 20gh/s total, not even sure if that is respectable but I've been at it only around 2 weeks now. Anyways, my new blade was hooked up last night, just a few rounds ago it found a block.
I've done some searching and can't really find the answers to confirm my understanding.
If I were mining solo, would my odds of finding a block been different?
25btc in a block, trading right now @$750usd, did I basically miss out on $18k?
I understand the benefits of a pool, but my equipment will be lucky to mine a whole BTC over time, just feeling like my ounce of luck got burnt up in the pool...
I've done some searching and can't really find the answers to confirm my understanding.
If I were mining solo, would my odds of finding a block been different?
25btc in a block, trading right now @$750usd, did I basically miss out on $18k?
I understand the benefits of a pool, but my equipment will be lucky to mine a whole BTC over time, just feeling like my ounce of luck got burnt up in the pool...
Hardly anything, I'm pushing 20gh/s in a pool, same as any other round.
If I had more equipment I would feel less bent. I mean, no way my gear will ever generate 25btc later on through the pool. I'm over it, but if I had a system pushing enough to make up for it over time it would never have bothered me in the first place. It's the part of pooled mining (opportunity cost) that I never paid attention to because I heard it was so unlikely at my speeds.
It's unlikely just like the lottery. But eventually somebody picks the right numbers. Odds will favor the bigger hashers (the ones buying 500 lotto tickets a day) but there's always the guy who buys one on his birthday.
If you want to gamble that way you might as well play Satoshi Dice and hope for a big payout from a 0.001 bet
