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One thing i don't understand

Discussion in 'Questions and Help' started by Tor Jakobsen, Jun 3, 2017.

  1. Tor Jakobsen

    Tor Jakobsen New Member

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    So there is this mining calculator from coinwarz.
    It says that with 300 mh/s i have a chance of finding 1 block of dash every 22 days when mining solo. I don't know how many dash there is in 1 block, i read that it was dynamic. But let's just say there is 1 dash per block, that would still make me earn 124 dollars every 22 days. I think that is alot, considering there probably is more than 1 dash per block (isn't there like 7?).
    So what is the point of pool mining? It seems like you would make a lot more money solo mining.
     
  2. ilia_2s

    ilia_2s Active Member

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    When you mining in pool all blocks reward will divide to all miners. With 300 Mhash/sec you will take about 1.43 Dash per month. Coinwarz calc shows a profit of pool mining.
    With solo mining you will generate a block in ~ (net hashrate) / (your hashrate) * (block time) / 86400(sec in day) DAYS
    6000000MHash/sec / 300MHash/sec * 150sec * 86400 = 34DAYS

    Mining reward per block 1.8 dash. And monthly profit at 1.8/34*30=1.59DASH.

    But solo mining it's a big lottery. You can find some blocks in month or didn't find anything for years.
     
  3. Tor Jakobsen

    Tor Jakobsen New Member

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    Hah. Thank you. You just taught me a lot more than necessary, good answer.