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The Landfill Bitcoin Solo Mining

Discussion in 'The Landfill' started by Noor Shafaq, Jul 11, 2018.

  1. Noor Shafaq
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    Noor Shafaq New Contributor

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    I know everyone says it's a waste, but electricity is cheap and it's only one miner so if you just want to say "you're wasting your time" then please suck on a pickle and take your sour attitude elsewhere <link removed>. The rest of my miners are working a pool and making good BTC.

    So here goes. For the next YEAR I'll be solo mininng with an old S3 (actually have already been for a couple of weeks) running about 418 - 450ghs (seasonally adjusted). As of today the best share is 1,816,484,083. Only 49,000,000,000 off! LOL!

    I'll post updates when anything interesting happens or if a block is found. Let's hope I pull that lotto ticket and get the luck of the irish!
     
    Last edited by a moderator: Jul 11, 2018
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  2. Scot
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    Scot Ductus Exemplo Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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  3. Pendragon445
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    Pendragon445 New Contributor

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    That might still be better odds than playing the lottery. Long odds at either, but good luck!
     
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  4. sparechange
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    sparechange Gold Contributor Speedway Pass

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  5. Late Bloomer
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    Late Bloomer Gold Contributor Read Millionaire Fastlane Speedway Pass

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    I've never had the pleasure of making this suggestion before today...

    #landfill
     
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  6. Late Bloomer
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    Late Bloomer Gold Contributor Read Millionaire Fastlane Speedway Pass

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    Why playing the lottery is better than solo mining bitcoin:
    1. The odds of the lottery are known up front and don't change when new chips and cabals enter the mix.
    2. The lottery's run by politicians who aren't about to fork it into competing pools to dilute their political agendas.
    3. You already know exactly what your taxes will be if you win.
    4. Once you buy your ticket, you don't need any electricity to win. You could have only candlelight at home, and still take the ticket to the store the next day to find out if you've won.
    5. The spending power of your winnings isn't taken away from you if someone invents a better cryptocurrency tomorrow.
    6. When you lose, at least your money went to buy a pencil for some kid in school.
    7. It's so fast and easy to buy a lottery ticket, that you have time left over to read MJ's books and contribute something that's actually worthwhile at his forum.
     
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