Hi,
I would like to get some opinions from others miners about solo and pool miner.
I mine actually about 600k dogecoin daily in a pool server with my 25Mh/s setup.. but I see I have found in 1 weeks, 12 blocks (about 11 000 000 dogecoins).
I have make only 4 200 000 dogecoin in one weeks.. I see the potential to mine in solo to make the double or even triple of profits.
I would like to hear your opinion about this.
Thank you.
I would like to get some opinions from others miners about solo and pool miner.
I mine actually about 600k dogecoin daily in a pool server with my 25Mh/s setup.. but I see I have found in 1 weeks, 12 blocks (about 11 000 000 dogecoins).
I have make only 4 200 000 dogecoin in one weeks.. I see the potential to mine in solo to make the double or even triple of profits.
I would like to hear your opinion about this.
Thank you.
Hm so you have a mutli thousand $ mining rig and can't figure out the math?
network hashrate: 42 GH/s
Your hashrate: 25MH/s
blocks in one day: 60 * 24 = 1440
How many blocks do you make in one day? 1440 blocks * 25/42000 = 0.85 -> 6 blocks in one week. This makes on average 3Mio. DOGE per week.
The thing is, when you mine alone you have a bigger variance. When you find the right blocks, you make 4mio. in one week. In the other week only 2mio.
But this apply only, when the difficulty stays the same. With going up in price the diff goes up. Because of that you made last week more DOGE then this week.
btw: You can try coinwarz, too
http://www.coinwarz.com/cryptocurrency/