your luck playing the lottery for Bitcoin. We display the CDF as a percentage. They say it is like a lottery so should it be possible even in a one on a gazillion chance? Moderators, cookies help us deliver our Services. The concept of Bitcoin lottery device was used along the announcement of the TechnoBit dice Bitcoin asic miner, probably something that the marketing at Spondoolies Tech came up with as they are the actual manufacturer of the asic chips used inside the device. The drawback that the use of an older and low hashrate Bitcoin asic miner as a lottery device is that you need to have a system that is always on and running a Bitcoin node, so that you can point your miner. If you were early on the whole Bitcoin mining thing and were one of the first adopters of the Bitcoin asic miners when they started appearing you may still have some devices lying around that are generally not worth using anymore for mining. There is an alternative bitcoin faucet direct to coinbase however, you can use a solo mining pool such. TBDice that was apparently prepared for dice miners, but you can join in with any their miner as well. Depending on the asic miner you are going to be using your chances might be better than actually playing the lottery, so you might want to give this idea. The charts have 0 at the top and 100 at the bottom, to make them easier to read (higher on the chart is better).
The idea of this pool is that you get to mine with the added convenience of a mining pool, but if you solve a Bitcoin block you will still get the full reward minus a small fee. Top Posts From The r/BitcoinMining Community. The lower the CDF value the better, with 50 being the expected average over time. It is risky and the chances are not that high thus the lottery reference you may need a few months or an year and still get no block solved, but if you are lucky and manage to hit one, then you will get 25 BTC.
But aside from the dice the concept to solo mine testing your luck to hit a BTC block yourself with a Bitcoin asic miner that is unprofitable if you mine at a pool sharing the profit with other miners might actually not be a bad. Do note that ckpool is designed to be used as litecoin vs bitcoin a Bitcoin mining pool, but the concept of using your mining hardware as a lottery device applies to pretty much all other crypto coins as well, so you can test it with Litecoin for example. 20 comments 70 Upvoted, sort by r/BitcoinMining.9k Members134 Online, the official bitcoin mining forum / subreddit / chat room / place to be! Like a Jalapeno or a bunch of Block Erupters. CDF Work Difficulty Height old Blocks new unlucky CDF lucky. Press question mark to learn the rest of the keyboard shortcuts.
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