Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

A question can't be dumb; only the answer may be.

It is completely possible for someone to do that in theory. I don't like the way people put that through though; I'm talking about “luck”. On these scientific (one might say) fields of cryptography, there's no luck. There's actually no luck generally, that's an illusion, but let's leave that for a moment. The hashes you computer calculates may be pseudorandom, because you're unacknowledged of the final result until you calculate it, but there's no way to approach this with luck. You have to deal with possibilities.

Let's take the current target:

If you start generating hashes you'll realize that 1 out of 16 times on average, the message you hash returns a hash that starts with “0”. If you go further for “00” it'll be 1 out of 16². Currently, to solve a block you need to find a hash starting with at least 18 zeroes. That's 1 out of 16¹⁸ times on average which is:


Even if we assume that you generate 1 billion hashes per second, it'll take you around 4,722,366,482,869 seconds to finally solve a block, given that the difficulty remains the same. That's 54,657,019 days. 

That's true, but I get what he means, and maybe OP is new to the game.

People are trying to do what OP suggests with USB stick miners, aka "lottery mining".  There's no harm in doing it, but you'd be better off playing Lotto every week, and I'm pretty sure the chances of mining a block with an ASIC in your home are still very remote.  IMO it's far better to join a pool and at least earn something rather than be disappointed constantly by earning absolutely nothing--all while using up electricity at your own expense.

But good luck, OP.  Solo or pool mining bitcoin can be fun, but it's just not profitable for individuals these days.

There is no 'fully mine a block', each hash is random and each hash has a specific probability of finding a block.

It's purely random luck statistics for every single block mined.

Same as rolling a dice - how often you roll the dice determines how often you 'expect' to get a 6.
But anyone can roll a 6 on the first try (1 in 6 chance)

Just with bitcoin the numbers are ridiculously much larger.
Firstly, the dice has 2^256 sides (~10^77 or getting close to the number of atoms in the universe)
There's also a number of the sides that count as a block (currently a little more than 8^19 or 9.0x10^22)

So it boils down to probability, not 'yes or no'.

So e.g. a 90TH/s miner currently has an approximately 1 in 11625 chance of finding a block in a full day of mining.
So that leads to: 9TH/s is 1 in 116250 ... etc.

However, don't extrapolate these numbers into the future, coz the probability changes every 2016 blocks mined.