have a chance of successfully mining a block, even if your hashrate is tiny compared to the whole network. If you factor in the cost of the device (split over a year) and a profitability decline (since the rest of the network will be speeding up I think you're still looking at an 80, rOI. Start sia-gpu-miner -I 27 -d. Sponsored by, a Bitcoin-accepting, vPN. The block reward goes to the miner who found. Asic miner that uses.5W of power, you might spend about.06 in a week to have a 1 in 13,889 chance to win 11,349. In one week of CPU mining (assuming 20 MH/s at 70 W you might spend.75 in power to have a 1 in 3,472,222 chance to win 11,349. If you buy.52, 5 GH/s.
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Solo mining pools for professional miners. I think an analogy with a lottery is apt. It's solo mining pools. Presa Altcoins (Monede Alternative) Skandinavisk Türkçe (Turkish) Bitcoin Haberleri Pazar Alan Madencilik Ekonomi Servisler Fonlar Proje Gelitirme Alternatif Kripto-Paralar Madencilik (Alternatif Kripto-Paralar) Duyurular (Alternatif Kripto-Paralar) Konu D Yeni Balayanlar Yardm Bulumalar Other languages/locations. Not counting the upfront investment, this is a 1,361 ROI, so it's worth. This gives it a return on investment (ROI) of about 29, so we'll treat this as our baseline: if it's lower than this, it's worse than the lottery and you shouldn't "play". October 23, 2018, 01:48:46 PM (Moderators: mprep, Welsh ) Author, topic: ANN Sia - Decentralized Storage (Read 1044033 times). Then the question is, what are your chances and should you do it? Block search time depends on your hashrate and luck. In one week, a lottery might cost you 2 (for one ticket) and give you a 1 in 175 million chance to win 100 million (ignoring smaller prizes, splitting prizes, etc.; complicates things too much). This is.18, rOI, so CPU mining really makes no sense, even as a lottery (it'd be better to just buy a lottery ticket). They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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