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79 sats \ 2 replies \ @evanbaer OP 1 Jan \ parent \ on: Jan 3rd Mining Block Party ~ Place your bid and mine with me bitcoin
Somewhat true - and certainly compared to FPPS pool mining
However, compare solo mining odds with low hashrate:
Chance of a block in 1 day @ 2 TH/s: 1 in 2,369,757
Chance of a block in 1 day @ 14 TH/s: 1 in 338,537
To "lotto mining" odds in a block party with more hashrate:
Chance of a block in 1 day @ 1,000 TH/s: 1 in 4,740
Chance of a block in 1 day @ 5,000 TH/s: 1 in 948
Chance of a block in 1 day @ 21,000 TH/s: 1 in 226
Source: https://solochance.com
Those are still some rough odds but for the fee of a few bucks is very much worth it.
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