reply on: First Bitaxe solo mining found a block with CKPool \ stacker news ~bitcoin

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21 sats \ 6 replies \ @kepford 25 Jul \ on: First Bitaxe solo mining found a block with CKPool bitcoin_Mining

If true this is very cool. That screenshot could be fake.

Well, the CkPool dev is saying it is true. Still very hard to believe. Statistically it makes no sense.

21 sats \ 4 replies \ @CruncherDefi 25 Jul

Statistically it makes no sense.

How would you know it? To make any statistics inference you would need to know how many bitaxes are running on the network right now.

For this one successful bitaxe miner there might be million other not successful ones we don't know about.

21 sats \ 2 replies \ @kepford 25 Jul

I don't know how many bitaxe's there are. I don't need to though. We can know the hashrate and difficulty as I said. CkPool dev provided rough odds. They are crazy. But, it is possible. I have a BitAx myself so I believe it contributes and can find a block. Just thinking about it and trying to avoid being tricked by hopium.

55 sats \ 1 reply \ @Bell_curve 25 Jul

Lightning doesn't strike twice

21 sats \ 0 replies \ @kepford 25 Jul

Yeah, I've thought that as well.

The BitAx is a very cool project. I support it and hope more people buy/build them and run them regardless of the odds.

21 sats \ 0 replies \ @kepford 25 Jul

I mean the odds based on the hashrate vs total-hashrate vs difficulty.