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Showing 6 of 6 results by OhTheFuture
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Board Pools
Re: Does physical location matter? Particularly in solo ventures
by
OhTheFuture
on 17/10/2022, 02:58:38 UTC
So, if we wanted to allocate a % of hashrate to a solo situation, using something like CK pool would be just as effective as mining to a node we had onsite/physically closer to our miners, themselves?

That's the takeaway I've came to with this thread. The orphan block comment was mainly what I was trying to understand, I guess.

What about working with smaller pools? Is that a thing? Where you combine forces/hashrate to a solo-like endeavor with a group of other similar minded miners trying to survive. ?

Thanks!
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Topic
Board Pools
Re: Does physical location matter? Particularly in solo ventures
by
OhTheFuture
on 19/09/2022, 01:13:50 UTC
Right right. I understand that all, mostly.

So, what if you are not using a "solo pool"; such as ck and literally mining to a full mining node.........you know what......nevermind. I think it's more trouble than it's worth to go down this route of FULL blown solo mining.

I think MAYBE it might be worth allocating a % of hashrate to a smaller pool or something and ultimately this is what I'm exploring: alternative ways of mining as opposed to 100% PPLNS pool mining.

Any good threads or links you know of about alternative mining strategies? Either way , thank you for your input on this.
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Topic
Board Pools
Topic OP
Does physical location matter? Particularly in solo ventures
by
OhTheFuture
on 18/09/2022, 02:31:59 UTC
I have a nagging question about mining solo. I've read about small super lucky miners finding blocks with barely any hashrate and I remember one mentioning they had a node running, as well.

Given how I understand nodes and miners - which is super limited I admit, humbly - does it make more sense to solo mine while running a node at the same location??

I've heard of "latency" talk, too, and am just wondering if a miner really close to a node stands a better chance than a solo miner that's really far away from a node.

In short, does running a node at the same location as your miners, same internet network, etc...help ones chances of solving a block?


Thank you for your time
Post
Topic
Board Mining speculation
Merits 1 from 1 user
Re: How I use multiple pools to mine btc.
by
OhTheFuture
on 18/09/2022, 01:31:47 UTC
⭐ Merited by philipma1957 (1)
I find this very interesting and aim to follow. Relatively "new ish" prospector/mining company here: PLAINVI3W MINING. Hashing right around 1 Ph on Braiins. Reading up on solo mining and found this thread. 

So, basically you allocate 1 or 2 of your total machines towards a "low hashrate" pool. Or are you pointing a % of hashrate to different pools in software somehow?

Also, if a low hashrate pool hits, the reward is greater?
I did not know this.

Seeking more info on different mining strategies.

Thank you!
Post
Topic
Board Mining
Re: Oklahoma Lawmakers To Introduce Tax Incentives For Crypto Miners
by
OhTheFuture
on 30/04/2022, 17:24:23 UTC
How do you see this affecting small to medium miners? People with say ten to twenty 100Th ASICS?

Post
Topic
Board Trading Discussion
Re: How low will BTC go so I can buy more? How to gauge the bottom?
by
OhTheFuture
on 14/09/2017, 22:18:57 UTC
Listen to the "hero" and "legend" staff comments.  I am a "newbie" on here, but do know enough and have the experience to comment on this. A "-16%" (now -"14%", at time of writing) drop is laughable and a giant "FOR SALE" sign.  Personally, I have been waiting for a drop like this for a minute to get more BTC.

You cannot stop it. BTC is here to stay.

Anything, under 3900 is happily bought. under 3500, buy. IF it hits 3000, I'd buy there but watch closely. Keep in mind that while this red downward drop is going on, right below it is the "volume" where BTC is being bought like freaking Oxycontin in 2002.

BUY & HOLD. Anything under $4000 is great.