If you don't got an USB Miner on it (2GH min.) it will not be a lottery, it will be a waste of time and energy.
Can you explain?
He's saying the minimum you should mine with would be a 2GH SHA-256 USB miner. Anything else, PC, Laptop, GPU, is too slow to even consider it a lottery device.
which is wrong,but what do I know.
a cpu doing 50mh or 0.05gh
vs gpu doing 100mh or .1gh
vs a stick doing 2000mh or 2.0gh
vs a stick doing 20000mh or 20.gh
vs a stick doing 40000mh or 40gh
all are lottery in my book
LOL, yes he's wrong, but you obviously know what he means. Because how many CPU's GPU's or Raspberry Pi's do you have mining BTC on this or any other pool? And if none why not?
I mine cpu's and gpu's at other coins since the math is better for me.
I do mine some s9's here
http://solo.ckpool.org/users/1JdC6Xg3ajT3rge3FgPNSYYFpmf53VbtjeBest ever:
44,277,454,156
which is not too close to 7,184,404,942,701
my math for those 3 =
51,427,973,784 GH//42,000GH which is
1,224,475 to 1 per block or
8503 to 1 a day or
283 to 1 a month I pay 130 for power a month to do this
so if payout was 36847 usd my odds would be breakeven since payout would be 69600 at current BTC price.
I am not gambling I am doing a high risk high reward investment as per the definition of investment.
vs the definition of gambling .
This would be true as long as I pay 130 usd a month chance of hitting stays at 283 a month and payout is above 40,000 usd.
Which as I now reveal why I started this thread:
https://bitcointalk.org/index.php?topic=5043713.0