Verge-Groestl (Verge) Solo Mining Calculator
Estimate how long it takes to solo mine a block of Verge-Groestl (Verge) with your own hardware. BackPow combines the live Verge-Groestl network difficulty with your hashrate to compute the expected block time, the cumulative probability of finding a block over day, month and year, and the expected mining revenue in Verge and USD.
Verge-Groestl network stats
- Algorithm: Myr-Groestl
- Average block time: 2.5 min
- Network hashrate: 503.18 KH/s
- Market cap: $34,605,533
- Price: $0.001863
How Verge-Groestl solo mining odds are calculated
Each hash is an independent attempt, so block discovery is memoryless and follows an exponential distribution. The average time to a block is T = network_hashrate ÷ your_hashrate × block_time. The chance of hitting at least one block within a period t is then given by the Poisson relation P = 1 − e^(−t/T) — the realistic probability, not a misleading linear one.
Frequently asked questions
How long does it take to solo mine one Verge-Groestl block?
It depends on your hashrate relative to the Verge-Groestl network hashrate (503.18 KH/s). Because hashing is memoryless, the time to find a block follows an exponential distribution: on average T = network_hashrate / your_hashrate × block_time. Enter your hashrate in the BackPow Verge-Groestl solo calculator to get the exact expected time.
What is the Verge-Groestl block reward?
The current Verge-Groestl block reward is the current on-chain block reward. BackPow tracks the 24h block reward and values a discovered block in both Verge and USD using live market prices.
Is solo mining Verge-Groestl profitable?
Solo mining Verge-Groestl profitability depends on your hashrate, electricity cost and pool fees versus the block reward value and how often you expect to find a block. The BackPow calculator shows daily, monthly and yearly gross revenue and net profit so you can decide.
What algorithm does Verge-Groestl use?
Verge-Groestl uses the Myr-Groestl proof-of-work algorithm. You can mine it with any Myr-Groestl-capable ASIC, GPU or CPU listed in the BackPow hardware database.
What are the odds of finding a Verge-Groestl block?
BackPow models the cumulative probability of finding at least one block over a day, week, month or year with the Poisson formula P = 1 − e^(−t/T), giving a realistic chance instead of a naive linear estimate.