Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs
by
raskul
on 04/12/2014, 10:13:48 UTC



hmmm...would it not just be better odds to use my 550gh jupiter device rather then the above 150gh device for blockchain lottery games
or is this specific blockchain lottery device different then a miner in some way? from my 'imprefect' math you have a 25% chance to hit
that block in 1 year.....that again may not be correct..others with better odds on math chime in

anyway at first glance it seems silly



i think the Dice is most likely a tad more efficient than your Jup..? The point of it being that it costs (for me) ~£9 per month to run and it's designed more to be a bit of fun (and extra heat - I bought two for under my desk - one for each foot). In the UK a lotto ticket is £2, if you play lotto every week that's £104 per year (if you only buy one line of numbers per week). A Dice is £108 per year and i'd much rather win a bitcoin block than the lotto.
I also solo with other inefficient miners (currently a BFL Single and a Block Erupter Cube) and in the winter the extra heat is welcome.
i don't bother doing the maths of it all as long as I know what it'll cost per month to run and I am happy to pay that - it's cheaper than the oil radiator that i've used in past years and it may, or may not find that block, which would be a bonus.

How does it compare to the UK National Lottery odds?

Code:
Category     Prizes        Chances          Prize (Aprox)
Jackpot           1    1 in    13,983,816    £3-5,000,000
5+bonus           6    1 in     2,330,636         £50,000
5-match         252    1 in     55,491.33          £1,500
4-match      13,545    1 in      1,032.40            £100
3-match     246,820    1 in         56.66             £25

if i won the lotto, i'd buy bitcoin with it anyway, so i may as well just mine bitcoin solo.
please don't ask me to do sums, it makes my head hurt.