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RE: 6/24/17: ANDY HOFFMAN - WHY BITCOIN IS SO IMPORTANT TO HUMANITY

in #andyhoffman • 7 years ago

Better prepare your fullnode runing BIP148 software.
And buy a avalon miner and start it with segwit mining blocks on 1.8.2017.
I will solomine. I dont care about the cost.

7 years ago in #andyhoffman by
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     7 years ago 

    What is your chance to mine a block with only one Avalon miner in solo? Must be very, very low...

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     7 years ago 

    Perhaps he is pointing at a chance to receive a lot more mining proceeds (even whole blocks as solo miner) than usual because big miners have stated not to mine the indicated Bitcoin chain.

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     7 years ago 

    Segwit activation signaling is now at 45%. Total hashpower is at abot 5 million TH/s. One avalon miner got 7,3 TH/s. Lets say 2,5 million / 7,3 = 340000. This gives me a chane of 1/340k every 10min.
    So its 1/2.6k each day. Yes seems low.

    Please verify my calculation.

    I will flag also this question.

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