When I win 3.125 #Bitcoin (minus fees), everyone who likes and boosts this post gets 1 million sats.
To decentralizing the hashrate, one BitAxe at a time!
๐
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Replies (173)
So fun...been learning a lot with this thing, and I work for a mining company!
This blew up like I didn't believe!
Been getting back into Nostr and lovin' it...looks like I'll get boosted enough that this 3.125 BTC will be FULLY DISTRIBUTED!
Good luck ๐
That's awesome! This will be my first dive into the world of mining. I'm hoping it's easy enough for a noob like me to figure it out. ๐
The point of a solo miner is that you're not in a pool.
That's not how it works in this case. Solo CK isn't a traditional pool where they pay out proportionally, you still get the block reward sent to a solo address.
Solo CK just provides the service of managing a node and creating block templates as well as sending work to miners. Solo mining on your own node is cool but most solo miners aren't well equipt to do extensive testing on latency and uptime to make sure they are maximizing their reward potential.
Whoever runs Solo CK takes 2% for this service and it goes to a separate address in the coinbase transaction. Check the pool history to see how this works.
Yeah if you want someone to create block templates for you, consider Public Pool with zero fees.
You don't have to use a pool to mine. Sounds like solo ck just threw a bunch of fancy words to scam you out of 2% worth of your hashrate. There is nothing different about any of those things you mentioned. Any money firmware she's that for you. You don't need a pool to do any of that
There is no such thing as testing latency and uptime. Bandwidth for mining is extremely low. There is no maximizing rewards if you are solo mining. You only get one reward. The block reward if you get it.
From their site: "...running a full bitcoin node that requires both great storage and bandwidth..."
That's just not true. If it were, Bitcoin wouldn't be decentralized. It's a flat out lie.
Noted, your input is appreciated. I have had some problems with my lightning node going down unexpectedly and since I don't check it daily I perceived value in a pool service.
If you're not online, a pool will not help you. Not for real solo mining at least. It could for more evenly dispersing your reward payout of you have some down time but it's not really even helping then so much as just lowering your average reward to make up for your down time. Not helping, just smoothing out your payouts. Which could be useful depending on the payout methodology. And I could be missing something. I'm not expert but I do run miners (S9s) and I just don't get it (ckpool). Just gives me a scammy gut feeling is all.
I want a bitaxe,
Getting one soon!!
I've never bought a lottery ticket with my own money, but this... this I want.
What are the odds of this happening? Iโm buying one as Iโm fascinated by owning a little pocket miner but curious on probabilities of it being profitable
Very little - in the millions!
With difficulty increasing and these only operating on the GH/s level, I believe the odds of winning a state lottery for more fiat are actually better.
It's not profitable and never will be - about $12/year to run it and when you mine solo you get zero rewards unless you hit a block.
I suppose you could link it to a pool and earn a penny a day or something like that!
If you want to be competitive and stack sats reliably, check out @Sazmining ๐
It's so fun to tinker around with and know it's hashing...
Gets you interested in mining for sure!
Generational wealth, I'm waiting for mine to arrive.
Update: had three hours of downtime while I was at work because my miner and my node stopped cooperating for some reason lmao
There is a reason that Satoshi designed Bitcoin to work even if participants left and rejoined the network at irregular intervals. Managing uptime and latency is a full time job if you have real value on the line and cannot afford to be offline.
I will check my logs and press on though
Awesome to hear the update. In a pool, this would just mean lower rewards for the downtime.
Go BitAxe! Go!
Keep mining, no matter what!
๐โก๏ธโ๏ธ
When I win 3.125 #Bitcoin (minus fees), everyone who likes and boosts this post gets 1 million sats.
To decentralizing the hashrate, one BitAxe at a time!
๐
View quoted note →
You definitely should. So much fun!
Imagine getting it at $100k๐ค๐๐ค
LFG
Letโs gooo
I'm still mining with this f*cker and have two Gammas on the way!
God speed
๐
Promo codes for solo Satoshi?
None that I'm aware of
Quit reporting this, I donโt want to share my sats when we hit.
Welcher bitaxe ist das? Toll jeder sollte einen haben, egal von welcher Firma, Hauptsache in jedem Haushalt ist hashrate vorhanden.. #dezentrale hashrate fรผr alle
It's a Bitaxe Supra 401 from Solo Satoshi!
Now, the Gamma 601 is available and does 1.2 TH/s
Learn more about them here:
Buy one from vendors here:
https://bitaxe.org/legit.html
Bitaxe
Fully Open-source bitcoin miner. Developers, miners, and enthusiasts can boost performance and security. Open-source hardware allows custom modific...
Small and decentralized we are legion
got one of these too
Would you just win a block already. What is taking so long? ๐คฃ
Bro they don't want me to win!
I have ALOT of sats to pay out if it happens...
๐ค
That would go down as an epic event along side BTC Pizza day. I hope it happens as Iโd love some sats but Iโd love to see all that zapping. lol. ๐
good!
correct.
Don't forget me! โก๏ธ
LETS GO!!
This seems to be a very expensive endeavour you're getting yourself into ๐ซฃ
You winning son
Others lottery-mining for me? Heck yes, count me in.
When I win 3.125 #Bitcoin (minus fees), everyone who likes and boosts this post gets 1 million sats.
To decentralizing the hashrate, one BitAxe at a time!
๐
View quoted note →
Haha, just ordered the same, great๐ฅ Wish you luck๐๐
๐ช๐ช๐ช
๐ค๐ค๐ค๐ค
When I win 3.125 #Bitcoin (minus fees), everyone who likes and boosts this post gets 1 million sats.
To decentralizing the hashrate, one BitAxe at a time!
๐
View quoted note →
Want one, do they ship to south africa?
I'm sure someone does - check the list of sellers here and get one:
https://bitaxe.org/legit.html
Godspeed ๐ซ๐ค
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No, I don't believe you
I'm not ready for self-custody yet. I'm a procrastinator... Soon though... soon.
Thanks for the offer.
Do you want some #bitcoins ?? Send me a dm!
Do you want some #bitcoins ?? Send me a dm!
๐
Positive Mental Attitude is awesome ๐บ๐ฒ๐ Fren
Done....
What is the monthly average you make in Sats with it?
let's go
DM
Zero, unless you hit a block - that's how solo mining works!
How big is the chance you hit a block?
Somewhere in the millions of a percentage - but it has happened!
i think you have to pay more then you earned
At this point, I'd be paying out a full coin and then some!
Zapping ppl a million sats each would be INSANE
yes would be cool
i love this
i'm sure at least some understand they may mine for decades and never win a block but it literally is like a lottery where you don't pay taxes and nobody knows who won
Bookmarked.
If I won it would be so cool to zap the people that have liked/reposted it 1 million sats each, plus I would donate some to @The Space
Even with what would be left over I'd still be way ahead of most people when it came to a #BTC stack!
idk what to say
may God be with you!
i am glad people are shooting their shot with this because although probability is against them, what i love about it is that this is better than a lottery, more chance of winning, and no taxes and nobody knows you won
Iโm here with you friend ๐ซ
๐ค
Donโt know how to โlikeโ #onlyzaps
Good luck bro!
Good luck!
What's the OPS count on these things? Is it RISC-V?
Whatโs the probability at the moment?
Somewhere in the millions with current difficulty and my little hashrate ๐
do you use the power cable they gave you or did you get a different one? expecting one in the mail
I just use the power cable they gave me. Seems to work just fine ๐
how is it going with the Jackpot?
Not long before we get our milly SATS boys!!!
THE NEW YEAR BEGINS WITH ME WINNING A BLOCK
When I win 3.125 #Bitcoin (minus fees), everyone who likes and boosts this post gets 1 million sats.
To decentralizing the hashrate, one BitAxe at a time!
๐
View quoted note →
Good luck sir
#metoo
Iโm in. #bitcoin 
๐ฌ
Isnโt it 3.125+fees?
I would have said ocean but after reading this Iโm thinking fuck it. Iโd pay a few sats for the chance of winning 3.125. Like playing the lottery ๐
Fiat Lottery = bad
Bitcoin Lottery = good
Olรก. Quero ganhar alguns bitcoins.
Indeed, network fees for payout and then whatever CK Pool takes, which I believe is 2%.
But at the end of the day...imma still have 3+ #Bitcoin ๐
How much bitcoins are you seeking to earn? This is a giveaway package!
$5 gets you $200 worth of BTC
$20 gets you $1k worth of BTC
$100 gets you $8k worth of BTC
$300 gets you $20k worth of BTC
Which package would you like?
Done, thank you! ๐โค๏ธ๐ฎโ๐จ
Deseo con todo mi corazon, que consigas ese bloque con este BitAxe ๐ง
Good luck and may the hash be with you
๐คฃ๐ค๐ธ๐
View quoted note โ
This is my retirement plan ๐
How likely will one of these ever earn 3BTCs?
....it could happen!
Are you Ebeniezel Scrooge? ๐
Only 1msats / person from 312.5msats? ๐ค
May solo miners find more blocks ๐งฑ
Via lighting or on chain?
On-chain, sir
1/8000000. Much less than lotostates.
Buena suerte; por la parte que me toca.
No debo hacerte un boost desde una cartera primal que pide KYC para activarla. ยฟVerdad?
Awesome! ๐คฉ ๐งกโจ