New solo miners keep popping up, but this time there's something a bit different.
We’ve got this new solo miner called Hammer miner BC04, which has 6 Terahash nothing groundbreaking there. What’s unique is that it comes with a hardwired Ethernet Port, a first in this space (think Magic miners’ GPU-style solo miners).
They say this should lead to lower latency and boost your odds of solving a block. That's the main reason I wanted to bring this up here.
So my question is: Does having an Ethernet Port actually help in solving blocks or really increase the chances of hitting one? I’m no whiz when it comes to internet connections, so I'd love to hear from any experts out there.
Does an Ethernet Port really improve mining performance?
10 replies 402 views
Ethernet Port is a better option, they have stable connections since they are cable based, more reliable and strong too, as per mining advantages, just look it this way.
Imagine that your block gets orphaned because another miner propagated first? Hell of a pain, it's just like losing your winning lotto don't you think?
A miner doesn't need to be Sherlock Holmes to understand the obvious. The Ethernet port guarantees a stable connection and is unaffected by the limitations of a Wi-Fi connection, including possible interference and fading.
However, the Hammer miner BC04 hashrate is only 6 terahashes, which is very low for solo mining today.
coin_sigmaLegendary
Posts: 1275 · Reputation: 5553
#4Oct 18, 2019, 04:26 AM
The truth is that it is their way of promoting their product. Having an ethernet port does not guarantee that you will increase your chances, as stated above. It will make your connection stable, but you can also do that on WiFi with less noise; you can make your miner become stable.
If you are looking for a way to increase your chances, then improve your hashrate. Adding more ASIC units is the only way to increase your chances to hit a block.
paul.stakeHero Member
Posts: 651 · Reputation: 3798
#5Oct 19, 2019, 10:02 PM
I wouldn't say so, no. There is virtually no difference on whether the miner talks with the node via Wi-Fi or Ethernet. There is far bigger bottleneck on the speed that the node can call getblocktemplate than the potential difference between an Ethernet and a Wi-Fi connection. If the pool that sends the block headers does not run on junk hardware, you don't have anything to worry. If you're afraid of connection issues and having your block orphaned, just stick with ckpool.org pool.
This has very little to do with whether you're using Wi-Fi or Ethernet and has rather to do with how well connected the node is.
Ethernet does not make the miner "solve better". The ASIC is still doing the same hashes at the same speed. A hash found over Wi-Fi and a hash found over Ethernet have the same chance of being the golden ticket. The little green port does not sprinkle extra probability dust on SHA256.
What Ethernet helps with is the boring but important plumbing: fewer disconnects, less jitter, faster job updates, and faster block submission if you ever do hit one. That matters more for avoiding stale work than for increasing your raw chance of finding a block. If your Wi-Fi drops or lags and the miner keeps chewing on old work after a new block arrived, then yes, you are wasting time. But that is not "more luck", it is just less self-inflicted foot-shooting.
For a 6 TH/s solo miner, the real limiter is not the network cable, it is the tiny hashrate compared to the network. Ethernet is still the right choice because mining gear should be wired whenever possible, same reason servers should not be dangling off some sad router in the kitchen. But anyone selling Ethernet as if it meaningfully improves solo block odds is massaging the wording pretty hard. It improves reliability. The lottery odds are still brutally ugly.
nonce_chadFull Member
Posts: 25 · Reputation: 260
#7Oct 20, 2019, 02:17 AM
Here is what I think.
Browsing wise, Ethernet has always make a lot of difference, it makes things more faster, loading pages with heavy graphics is always faster compared to using Bluetooth or WiFi connection, not even the WIFI 6E can beat Ethernet connection.
This is why I believe that Ethernet will make a difference
In the real world probably does not matter. BUT - that said, using a hardwired connection is best because you are always connected. A wired connection only goes out if the ISP or router glitches.
Most WiFi connections periodically renew the connection anywhere from once every hour to once a day. That reauthorizing can take a few seconds and you are offline during that time. You MIGHT find a block during those times in which case you are screwed if someone else reports a block found while you are offline.
Thing is, given the extraordinary odds against finding blocks vs how long you are disconnected that brief outage most likely will not matter.
People need to just start understanding the math of mining. Look at the total hashrate of the network.
With this miner you're less than a drop in the ocean. You will never solve a block in two lifetimes.
So, what's the utility of this miner? To perform tests and play around. It has near-zero chance of solving a block. Don't see it as an investment. And if you have no idea about cryptography or programming it's pointless to start your learning journey from hardware.
These shits are routinely marketed wrongly and manage to fool quite a few people.
hodler2019Legendary
Posts: 2182 · Reputation: 12913
#10Oct 21, 2019, 12:11 AM
yeah 6 th would earn around 6x.00000047= 0.00000282 btc a day
so 3.125/0.00000282=1,108,156.0284
1,108,156 days for a block with average luck
but for just today 6th is about 1.1 million to 1 shot.
next the shot of hitting the block but being fucked by a bad connection is zero huh?
bad connection means no connection or zero shot at a block.
now does wifi drop out answer is yes
does eth drop out answer is yes.
lets pretend eth is up .9999 percent
lets pretend wifi is up .99 percent
this means nothing more of less here is why
1,108,000/.9999=1,108,110.811
1,108,000/.99=1,119,191.919
so if eth is .9999 percent good you are still at 1,108,110 to 1 shot for today
and if wifi is .99 percent good you are at 1,119,191 to 1 shot for today
another way is this:
eth 1108110/365=3,035.918
3035 years for a block
wifi 1119191/365=3,066.277
3066 years for a block.
that said.
i would buy the eth if it is the same price as the wifi as I hate wifi with a passion.
i live near an airforce base and sometimes they will knock wifi out twenty times a day.
Your figures of 3,035 versus 3,066 years show that Wi-Fi steals 31 years of waiting. Over a 3,000-year time horizon, a high-quality internet connection is essential, so that, as luck would have it, a passing airplane or a nearby amateur radio operator won't interfere with the miner's search for their coveted block. But in 3,000 years, the reward will be much smaller than it is now.
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