Questions on: mining-profitability - страница 1

Pool-hopping is the practice of mining in a pool only during the good times, and leaving during the bad times; by so doing, a pool-hopper can get more out of the pool than the value he contributes to it, increasing his rewards at the expense of other
I don't recommend solo mining with CPU only, it would take a really long time to find a block. If you don't like pool mining, you can download the pool software and run your own private pool where you will connect all your CPUs. If it is profitable d
You can find a list of services and merchants that accept Litecoin on the Litecoin-Wiki. That said, Litecoin has only minimal differences to Bitcoin: It uses Scrypt as its Mining algorithm, and reduced the block interval to 2. 5 minutes, while keepin
Unless the lucky winner were to announce his luck, there is no way for anyone to tell the difference. So, even if one cannot find any information suggesting that someone did, it could have happened. Blockchain
Mining is not won by the miner with the "strongest ability to solve the block". Mining is a random process, not a linear stack of work that needs to be powered through. This is because each miner works on different inputs to their block: As everyone
Is it even worth it for beginners without tons of money to invest in it now? Short answer No. Longer answer I spent over $2400 in ASIC mining equipment from butterfly labs. I started out churning an impressive 120GH/s
While correct in principle, consider that mining difficulty has a pretty strong upward trend. This indicates that your relative hashing power (you compared to the difficulty/whole network) is greatest when you first start mining and it decreases over
Leaving aside the question of the entry cost of mining (i. e cost of buying hardware), once you have this hardware there is actually an incentive to mine for a pool rather than to mine solo. Indeed in both cases your expected value is the same but th
Well, currently the difficulty is 2,440,643. There will be (difficulty * 2^32) (roughly) hashes per block. So that means there are (2,440,643 * 2^32) hashes that must occur before one block is solved