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Board Mining support
Topic OP
Hashrate and Mining Difficulty
by
A1rR0
on 08/12/2019, 09:13:33 UTC
Hello there,

I am new to the mining game since I got some NewPac's as a gift and since there is no other use for them other than Solo lottery mining... A question arrised. Ofcourse I am aware that the chances of hitting the Jackpot are one in 1 billion billions or whatever.

https://pbs.twimg.com/media/Bqqzzs7CAAA-KVH.jpg

I see in the cgminer command window that the diff of bitcoin at the moment of posting this is 12.9T, does this mean I need at least 12.9T of hashpower to even consider playing the lottery or do miners with a lot less hashrate get to play the lottery?

Was wondering because if it was not to be posible I could just switch to lower diff coins like Bitcoin SV or simmilar.

Thank you for your time!
Post
Topic
Board Speculation (Altcoins)
Re: Palm Beach Confidential October 2017
by
A1rR0
on 03/11/2017, 11:57:28 UTC
Quote from: error808 on November 03, 2017, 09:13:39 AM
Well i had the fortunate or unfortunate pleasure of staying up till 2am last night seeing what this webinar was all about..

Basically the entire webinar was scripted, someone had leaked the entire transcript of the webinar 4mins into the start and the entire webinar was scripted word to word even the supposedly Public Q&A this was scripted too, doubt it was live seemed pre-recorded was just too perfect for it to be live.


So obviously the name of the coin was mentioned in the transcript and this is when Ripple started to pump a bit and people jumped into it to try and make a quick buck or so

it was only after 1 hour 7 mins that they got the to part where they mentioned this "Special Coin" so people were expecting it to pump even more..it didn't and fell back down again which begs the question did they really have many people tuning in as they claimed to say?

My Personal thoughts

- The entire webinar was very "Sales oriented" Typical Trying to sell you something - typical video testimonials with some semi retired couple supposedly making a killing in crypto (and looking at the type of people one would wonder whether they would even know what a "Blockchain is" LOL..

- the 1 million BTC giveaway by him was by my course for 2500 bucks and i will give you 200 bucks worth of bitcoin
- There was quite a bit of theory and discussion about crypto which was good and beneficial so learnt quite a bit here

Was it a waste of time? No I dont think so it was for me interesting in seem how they orchestrated this entire thing and of course those that wanted to make a quick buck or two in taking part of pumps probably did benefit it..

Mixed thoughts about this..still i am not convinced!



You Sir are so damn right. I set my alarm clock at 1AM to listen to a dude telling me to give him 2500 usd  because it's cheaper than 3000 usd and even better ... for 2500 usd I will also get 200 usd worth of bitcoin. WOW what a deal!