We look at the division of 516511 by 8 
We want to figure out the number of times 516511 can be divided by 8.

On to step 1:
5 divided by 8 is 0 with a remainder of 5.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Subtract 0 from 5 to get 5.
Include the next digit (1) from the dividend after 5, then repeat: 51 / 8

Advancing to step 2:
The number 8 fits into 51 6 times, leaving a remainder of 3.
Write down 6 as next digit of the result. 
Result so far: 6.0
The remainder is 3 after subtracting 48 from 51.
Fetch the next digit (6) from the dividend, attach it to 3 and continue: 36 / 8

Step 3:
The number 8 fits into 36 4 times, leaving a remainder of 4.
Put 4 as the next digit of the answer. 
Result so far: 64.0
The remainder is 4 after subtracting 32 from 36.
Include the next digit (5) from the dividend after 4, then repeat: 45 / 8

On to step 4:
8 goes into 45 5 times with a remainder of 5.
The number 5 becomes the next digit in our result. 
Result so far: 645.0
Deduct 40 from 45 and we're left with 5.
Include the next digit (1) from the dividend after 5, then repeat: 51 / 8

Moving on to step 5:
If we divide 51 by 8, we get 6 and a remainder of 3.
The next digit of our result is 6. 
Result so far: 6456.0
If we take 48 away from 51, we end up with 3.
Append the next digit (1) from the dividend to 3 and continue with: 31 / 8

Going ahead to step 6:
31 divided by 8 is 3 with a remainder of 7.
Record the quotient 3 as the next digit in the result. 
Result so far: 64563.0
Subtract 24 from 31 to get 7.
Since there are no more digits in the dividend, we add a zero to the remainder making it 70, and continue the process.

Moving on to step 7:
8 goes into 70 8 times with a remainder of 6.
Use 8 as the next digit of our solution. 
Result so far: 64563.8
If we subtract 64 from 70, we get 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Moving on to step 8:
When dividing 60 by 8, we get 7 with a remainder of 4.
The next digit of our result is 7. 
Result so far: 64563.87
The remainder is 4 after subtracting 56 from 60.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Step 9:
8 can be fit into 40 5 times, resulting in a remainder of 0.
Write down 5 as next digit of the result. 
Result so far: 64563.875
If we subtract 40 from 40, we get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Advancing to step 10:
If we divide 0 by 8, we get 0 and a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 64563.875
Deduct 0 from 0 and we're left with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Let's proceed to step 11:
When dividing 0 by 8, we get 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 64563.875
If we subtract 0 from 0, we get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

In conclusion, the division gives 64563.875 with a balance of 0.0.