Post
Topic
Board Hardware
Re: Black Arrow - Status of pending orders - Prospero X-1, X-3, and Minion
by
arkintunde
on 30/01/2014, 11:45:08 UTC
Well, it is better than zero to find a block solo mining with less. Otherwise pools wouldn't pay anything for your contribution. The easiest rule of thumb is: How long would it take to earn 25BTC while pool mining? That is approximately how long it would take to find a block solo at neutral luck.

I've always pondered this ideology. If I'm lucky, I CAN generate a block. According to the alternative perspective here:

https://en.bitcoin.it/wiki/Why_pooled_mining

the odds of NOT generating a block month after month are very high, but certainly not zero. Anyway, according to the genesis block calculator, I'd be looking at maybe 7 Bitcoins if I mined through May and June in a pool.