Bitcoin Forum

Right bitcoin price is 233$ and s3 profitable 24h is 0.004 , after coming soon that bitcoin price increase example become 600$ after s3 profitable increase ?

How many will be profitable ? About 0.006btc ?

Profitability also depends on the electricity each miner as to pay. If the price was to rise at 600$ naturally more miners will be profitable and turned on again. Currently S3's 441 GH/s would mine 0.00465 BTC each day according to https://bitcoinwisdom.com/bitcoin/difficulty

with a 0.10$ cost a day an S3's consumption would consume $0.816 each day.

Edit: gotta clarify that it's 1 kilowatt-hour (kWh) that would cost 0.10$

I have cheap electro.

And else what depends that mining profitable drop down ?

It also depends on the network's difficulty. If the total hashrate of the mining network goes up, block rewards go down.

In simpler words: if more people mine at the same time, you'll be earning less BTC.

Change in network difficulty affects expected BTC earnings.  For example, right now the difficulty is 47610564513, which leads you to the expected earnings of 0.004648BTC a day for an S3.  If difficulty goes up, your expected earnings go down.  Conversely, if difficulty goes down, your expected earnings go up.

These are the main considerations that will help you gauge whether or not mining gear is profitable.

And if btc price will become 600$ after how many increase profitable in mining ?

On f2pool every day will get me same btc ?

And this btc price is depend on mining ?

Again, you must take all factors into consideration.  If Bitcoin goes to $600, chances are very good that more people will mine it.  This will increase the network hash rate and thereby increase the difficulty.  In turn, you will earn less BTC for your hashing power.

Just for the sake of argument, let's say that today the price of Bitcoin shoots up to $600, and all else remains equal.  Your S3 will still earn you 0.004648BTC a day.  However, instead of being worth $1.08 (with BTC at $233) that same coin will be worth $2.79.

f2pool is a PPS pool that charges you 4%.  Until the network difficulty changes, each share you submit is worth the same value.  You would expect to earn 96% of that 0.004648BTC a day, or 0.00446208BTC.

BTC price is not at all dependent upon mining.  BTC price is dependent upon what people think it's worth.  If enough people think it's worth $600, then the price will rise to that valuation due to buys/sells on exchanges.

Price if increase and dont increase hash than ?
Which pool is better ?

Today, mining with asics is only profitable if you have access to cheap electricity. Even if price would increase to $600, it is still to less in order to mine a profit.

The price and the network's hashrate are two different things. It's likely that more miners will be mining if the price increases but we can't be certain. F2pool is good enough.

On f2 i got 24h 0.0039 btc my s3 .

What do i ?

And i have asic status one X

It is a fixed amount minus fee.  What do you do?  Nothing

Let it mine and keep getting BTC.  You will not get rich over one S3.  Just keep mining long term.

You get a fixed amount per share.  Look at the stats on the pool to see what your reported hash rate is (assuming of course f2pool offers such stats).

You have an X.  That means that one chip is dead.  I can usually resolve that problem by turning off the power to my miner for a few minutes, then turning it back on.

How many bitcoin is fee ?

4%.  I posted that a few responses ago :).

You need to look at f2pool to see what it shows as your hash rate on the pool.  That is how they determine what to pay you.  If they are showing a low hash rate or a lot of rejects, that will affect your payout.  Also, you need to remember that the payout day is UTC time.

If you're counting on the price of Bitcoin going up don't mine just buy coins. At least if the price goes down you won't be left with a bunch of miners but with coins you can change to fiat in minutes.
If the price would reach $600 it would be really profitable, but so would be holding your coins.

Google "bitcoin pool comparison" it will show you the many different types of pools and should help understand.

You might find someone to translate it for you.

Mine only new altcoins. Shorterm.

What is accept and reject ?

It is a share being mined by your miner.  This would be better off asked in beginner.

To help you not look spammy stay on topic.  If you are not sure where to go use beginner.  That is my suggestion.

 f2 earning bitcoin without is 4% ?

Please read about pool types like i suggested.  F2Pool does not pay based on luck.   It is more fixed and they take a 4 percent of earning for this service.

The ones that deal with luck you can find some that are 0 percent fees.  But you have to deal with luck.

F2 i earning 24h 0.0039btc my s3 , bad is ?
I think more much earning should be

You are obviously not understanding.

Under absolute IDEAL conditions, an S3 would expect to earn 0.004648BTC per day.  If you were to have such conditions, and were mining on f2pool, you would expect to make 0.00446208BTC per day.

The real world is not ideal.  You report fluctuations in your hash rate of 350 - 440 GH/s.  You report one of the chips has an "x".  The pool may reject some of your work.  All of these things contribute to you making less BTC per day than what the ideal numbers state you should make.

You expect to make: 0.00446208BTC
You actually made: 0.0039BTC
Difference: 0.00056208BTC

At a BTC price of $235, you missed out on $0.13.  That's $4.02 a month.  Seriously... get over it.

Which pool choos me f2 if antpool ?

Make up your own mind.  You have been given plenty of information from many users.

I have come to conclusion either language barrier is to great or it's spam.  I know he asked this exact same question before.

A mod needs to take care of him.

-ck already gave him a talking to in the AntPool thread.  I've really tried to be patient and answer his questions, but at this point he's just repeating exactly the same stuff over and over again.  The real killer is his signature.  What would possess somebody?  It's like those idiot kids who get tattoos of Chinese because they think it looks cool without realizing the translation is probably something like, "I have an infectious sexually transmitted disease!"

I think it's all troll.   He has a ridiculous signature, and it's in perfect english.   He repeats questions over and over.   Post in wrong thread over and over.

I'm surprised the mods let him get away with it.  Bitmain practically begged him to contact them for help instead of spamming their therads.

last question .

my s3 have one asic X  may be electricity is problems  ?

I already answered that, but just in case you missed my answer...

An "x" means that ASIC chip has failed for some reason.  A lot of times you can fix it by just unplugging your miner for a minute, then plugging it back in.

From google translate:

"X" იმას ნიშნავს, რომ ASIC ჩიპი ვერ რატომღაც. ბევრი ჯერ შეგიძლიათ გაასწორონ ის მხოლოდ unplugging თქვენი miner ერთი წუთით, შემდეგ ჩართვის უკან.

right now .

http://www.picz.ge/img/s3/1505/1/f/fa96677a21f0.png

The number you need to look at is not the one you circled, but rather the one next to it: 410.46.  That one represents your average hash rate over time.

You definitely have a lower hash rate than you should with that S3.  At a frequency of 225, you should be averaging 453GH/s or so.  Also, set backup pools!  If for some reason you cannot connect to AntPool, your miner will sit idle.  That would contribute to the undervalued hash rate.

Google Translate:

რაოდენობა უნდა შევხედოთ არ არის ერთი წრიული, არამედ ერთი შემდეგი მას: 410,46. ეს ერთ-ერთი წარმოადგენს საშუალო hash კურსი დროთა განმავლობაში.

თქვენ ნამდვილად აქვს ქვედა hash განაკვეთი, ვიდრე თქვენ უნდა, რომ S3. სიხშირე 225, თქვენ უნდა იყოს საშუალოდ 453GH / s ან ასე. გარდა ამისა, მითითებული სარეზერვო აუზი! თუ რაიმე მიზეზით თქვენ ვერ უერთდება AntPool, თქვენი miner იჯდეს მოჩვენებითი. ეს ხელს შეუწყობს შეუფასებელი hash კურსი.

Electricity can be fault ?

Yes it could be a reason of it going slower.   Espically if cheap PSU.

Do you have 2 cords plugged in or 4?

i have plugged 4 connector .

i going to will buy s5 but probably don't working long GHS

paperclip can be fault that drop down ghs?

This is more a subject for in hardware or beginner.  Please contact Bitmain as they offered to help you with their support.

But no the paperclip to turn on the PSU will not cause a drop in ghs.

where is bitmain contact ?

i have my s3 plugged 2 protected safety device. one is dont inflammable second protect Voltage for grow up and drop down

There is webpage:
https://bitmain.zendesk.com/hc/en-us

Skype:
BitmainEnglish

And email:
support@bitmain.zendesk.com 

Just to name a few ways to contact them.

*Edit appears his post is no longer there.

https://bitcointalk.org/index.php?topic=671189.msg11219470#msg11219470


You really need to read answers to your questions.  It is part of why you appear spammy.

i contact bitmain.

and i told me only 2 connector will use and i try only 2 connector but anyway isn't increase ghs.

same ghs is.

Are you sure they did not say to use all  4 connectors?  Yes if working properly you only need 2 connectors.  One for each side, and no overclocking with this setup.

But you might look at your PSU.  If I remember right you PSU was a low quality PSU, this could effect it.

only 2 use connector.

i have 700W PSU .

Not all PSU's are equal 700W of a cheap brand is not equal to that of a more quality brand.

I could be wrong but I was thinking you had posted a cheaper PSU brand.   You might try 4 connectors and see what it does.

Many people use inferior brand psu's which actually often not even give enough power to safely feed a miner.
Secondly your loosing money with buying a inferior brand psu they use more energy to deliver less power
A good psu with low power will probably beat the cheap ones

That does not tell us the model only brand.  I personally think coolmaster is a lower quality of psu.  I could be wrong.

Not modular design, not one off the more known ones being used for mining.  It appears to be a cheap PSU to me at first glance.

My favorite corsair is the RM1000.  It is quiet and works great.  That being said it's overkill for one S3 if you were running two it would be a better option.

Go to newegg or amazon and look at customer reviews and overall reviews.

I can't see the 12 v+ max wattage at this picture, I myself do not buy any coolermaster or corsair

EVGA and Enermax are the ones i primarily use for mining and most of them 80+ silver/gold/platinum ofcourse there are more good ones but i kinda allways fall back on the same brands and types of psu's
Other very good psu's are the server psu's which you can find on the forum here, they are often very cheap and can have most of the time much higher loads than mentioned on the psu's
I have tested one of those new IBM server psu's which was for 2850 watt and we loaded over 3000 watt on it, ofcourse these need a breakout box, cables and extra which pump up the price a bit but they are awesome for mining.

you don't need rm1000 for 1 s3, , you can buy one rm 450 or 550(this model is the best one of the rm series, it is made with better component), they are enough for the wattage of your s3

checks this thread http://www.overclock.net/t/1455892/why-you-might-not-want-to-buy-a-corsair-rm-psu

Why are miner still mining if they are losing money?

who said they are losing money? they made roi since ages already, they are taking pure profit minus cheap electricity, for them is profitable

but for who start now, not so much...

Cause they hope the price of their coins ll go up.

The main thing is they are much higher quality PSU then what you are currently using.  If you have a different PSU you might try it before buying a nicer one, to see what it does.

But it seems you have issues that a PSU might fix (slowdown, etc).

It's tight margins during Summer.  Tighter then I like.  I am still making a profit.  But Winter is much better.

I would shutdown and sell miners if I was not making profit.  But luckily with decent priced electricity and no vat, I still am able to keep going.