Post
Topic
Board Pools
Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 253 blocks solved!
by
hiaxis
on 27/12/2019, 05:15:17 UTC

We did it years ago 5 btc was kicked in and we hit two blocks of 25 coins each.

so 5 btc became 50 btc

I rented 1 ph for 25 hours.  the diff was 67,000,000,000 vs 12,900,000,000,000

so it is now 200x harder to do then it was back then.

I got the rental at very close to real cost.   that meant a 5/25 chance for use to hit a block.

and a 25/625 chance to hit two blocks.


ten people were in and we all paid .5 btc to get 5 btc.

i think btc was only 200-250 a coin.

To do this now we would need 2.5 btc. or .25btc a piece. 10 players and if we hit we would one block get 1.2 btc with a tip to ck.

I am not sure I want to handle 7200usd x 2.5 = 18000usd input

and 7200 x 12.5 = 90000 output

If we got  lucky and hit one i would be holding 90k
If we got really lucky and hir two I would be holding 180k

Not so sure I want to have much responsibility.

I realize I don't have any rep. on this forum but I have been GPU and ASIC mining for a few years and switched to solo over a year ago. I currently have ~235TH pointed at the solo pool and, although it's meaningless, my best share up to this point is 2,302,303,126,450 which unfortunately is too low by a factor of 5-6. With the difficulty being so high, the odds are stacked terribly against me that I will ever hit a block. I'd like to buy in with 0.25 or even 0.5 BTC if you move forward with this, assuming you're OK with that.