0

I had an old Raspberry pi with a Bitmain Antminer 2GH USB plugged into it.

I have joined the bitminter pool and so far have 0.00000094 bitcoins. In other words, I don't expect to get rich.

Researching this question most answers take into account power consumption.

My question is, for this sort of setup that I have with 1 - 4 2GH USB sticks, if I do solo mining, do I have much chance of getting a bitcoin now and then?

  • 1
    This is a very frequently asked question. The computation is easy and is explained here. Usually the answer is "no". In your case, at current difficulty levels and solo mining total of 8 GH/s, you can expect to mine one block every 286 years. – Nate Eldredge Jul 4 '14 at 19:38
1

Let's do the math. The average time to find a block, which is worth a reward of at least 25 BTCs (+fees) is the following:

avgtime = difficulty * 2^32 / hashrate

The current difficulty is 16,818,461,371. Assuming a hash rate of 2GH/s we get in hours:

avgtime = 16818461371 * 2^32 / (2*10^9) / 60 / 60

That's about 10032602 hours or 418025 days. To mine solo successfully, you need much, much more hashing power.

Not the answer you're looking for? Browse other questions tagged or ask your own question.