0 sats \ 0 replies \ @BTCMiner OP 3 Feb 2022 \ parent \ on: And another one!! Solo miner with an S9 plays new global lottery and wins! bitcoin
Actually, thinking of it like a lotto ticket, .. if this miner is actually using an S9, and is paying the average U.S. residential rate, resulting in a $5 spend per day in electricity, .... then that's a $5 ticket for a lottery that has a 1 in 100,000 chance of winning (per CK's tweet, I haven't myself calculated the odds of a 13 TH/s S9 is at current difficulty).
This "lotto" would then be among the ones having the worse odds of all lotteries running.
That's why the cost per kWh and the efficiency of your rig model are so crucial.