question about blocks
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Welcome to the System Support forum! Encounter a problem related to the pool? Post your issue here and we will help you out.
Keep in mind that the forums are monitored by PROHASHING less closely than the official support channels, so if you have a pressing issue, please submit an official support ticket so that our Support Analyst can look into your issue in a timely manner.
We cannot answer financial questions related to your account on a public forum, so those questions should always be submitted through the orange Support button on prohashing.com/about.
For the full list of PROHASHING forums rules, please visit https://prohashing.com/help/prohashing- ... rms-forums.
question about blocks
hi, i am wondering how blocks work, i see sometimes i will find blocks but i dont notice any kind of difference on my overall daily earnings, for instance some days i wont find any blocks and make 20 dollars and soe days ill find blocks and still make 20 dollars, do blocks do anything? i9s there any way to know how much i actually got from finding the block? thanks
Re: question about blocks
If you pool mine, the block reward is shared by the pool. If you solo mine, you get the block less a PH fee.
Last edited by 3Moose on Fri Oct 20, 2017 8:35 am, edited 1 time in total.
Re: question about blocks
The default is pool mining.
Re: question about blocks
thanks, im brand new to mining, literally just plugged everything in put in the info into my miner and started going, i am sure its pooled since it through prohashing3Moose wrote:If you pool mine, the block reward is shared by the pool. If you solo mine, you get the block less a PH fee.
so do blocks not really do too much then when pooling through prohash? is it better to pool or solo? thanks for the info
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micca410evo
- Posts: 120
- Joined: Wed Jul 26, 2017 11:55 am
Re: question about blocks
Well you will earn what you find if you (want to) solo mine, the chance of a block is not big though unless you have a big/huge amount of hashing power. It is all in the mining lottery and your amount of luck in finding blocks.
Just google some for "calculate the chance of a block"
This are the chances of a block with an L3+ on litecoin's https://www.litecoinpool.org/calc?hashr ... ycost=0.10
The chance is a probability but you can be on the bad luck side and it will take 2 time the amount of predicted time or be lucky and find it in 1/4th or half the time.
Just google some for "calculate the chance of a block"
This are the chances of a block with an L3+ on litecoin's https://www.litecoinpool.org/calc?hashr ... ycost=0.10
The chance is a probability but you can be on the bad luck side and it will take 2 time the amount of predicted time or be lucky and find it in 1/4th or half the time.
Re: question about blocks
thank you for the help