It's just the diff of the network. That's why its low.
No disrespect or any thing like that..........but........ Actually, that's not true. It's the difficulty of the pool. The LTC network difficulty is 6447969.426. With as many miners you have to make 245GH/s, I am assuming you are using custom management software to control your farm, so you can control whatever difficulty you want for all of your miners. Which I think is great, and wish I had access to something like that for my "micro" farm of 14 miners. I've read your other posts for your 4MW Data center, and can only say, that I'm impressed! And wish you all the best on that endevour. Good Luck to all of us Miners/Users of TBDice.org Ditto "No disrespect or any thing like that..........but........" "Actually, that's not true. It's the difficulty of the pool. The LTC network difficulty is 6447969.426." Actually that is not true either. The difficulty in not of the pool but of the miner or group of miners. This difficulty is the bar or threshold for the miner or group of miners to batch submit shares or work. If it is too low then you could be submitting many shares per second which is not necessary, uses up bandwidth and uses more system resources of the pool. If its too high you could be submitting stale shares and miss a block. This pool recommends a difficulty that submits 3 shares for 10 seconds and gives you the calculations to set an appropriate difficulty for your hash rate. I personally like a difficulty which submits 6 to 10 shares per minute. I got into a discussing on Prohashing Forums when everyone was complaining about "Big Hash" miners bogging down the pool and tried to explain that even if you have 1 USB miner doing 5Mhs but submitting 5 shares per second. (300 submissions per minute) he was using 50% more pool system resources than 20 of My L3+ 10Ghs with each miner submitting a maximum of 10 shares per minute (200 submissions per minute). One guy said you make more money submitting 5 shares per second. I disagreed and said we would crash the pool if we all submitted 5 shares per second per miner. He argued, We proved him wrong by myself and others setting our difficulty low so we were all submitting 5 share per second per miner. The pool quickly got 30 minutes behind on share processing so the shares were now worthless as the blocks were already found. The Pool wiped the backlog of stale shares and added a auto difficulty increase for any miner submitting more than 1 share a second. Hope I helped. Now let's try to find Loshia so those of us who mined with a M address can get our coin! There is a bounty thread for finding him and getting our coin. We could update it, last I knew it was about 3LTC bounty to find him and get our coins released. Maybe we can raise it if a few more people will chip in? Link to bounty thread: https://bitcointalk.org/index.php?topic=5115058.0Peace -M |
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Looks like the pool is 100% down and no news.
Wonder what happened.
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Is this Pool down? Looks like no Blocks for 2 days!
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RE:
A9 is ASIC, not RIG.
RIG mean multi-GPU mining, not ASIC.
Asic standart : New Shipping, Never ROI!
with this difficulty, ROI will be 1 year
Posted by: yrk1957
All GPUs are ASICs FYI
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Every cryptocurrency has it's own share of ups and downs and Litecoin is no exception with regards to this long bearish market that we are experiencing over the past couple of months now. Litecoin is also one of the crypto i have kept in my digital wallet until now because i am still optimistic that the bullish market will come soon.
Litecoin can be used as one of the coins that may have great potential, if this year's bull market Litecoin will be in the best position in cryptocurrency I am sure that the altcoin we are talking about will be growing in 2019. Litecoin can even take the 4th or even the 3rd place later. I guess it will cost more than 100 dollars soon. And as you said, it is now so. LTC in #4 # Name Symbol Market Cap Price Circulating Supply Volume (24h) % 1h % 24h % 7d 1 Bitcoin BTC $69,006,246,966 $3926.24 17,575,650 $9,365,691,822 -0.05% 0.60% 1.51% 2 Ethereum ETH $14,564,240,247 $138.52 105,138,864 $4,324,259,113 -0.21% -0.15% 0.61% 3 XRP XRP $13,094,803,459 $0.316054 41,432,141,931 * $726,913,011 -0.23% -0.69% 0.74% 4 Litecoin LTC $3,532,829,510 $58.13 60,776,261 $2,272,778,526 -0.63% 4.94% 25.22% 5 EOS EOS $3,439,104,792 $3.79 906,245,118 * $1,689,545,614 -0.55% 1.05% 6.35% |
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Mining full time for a few years. Set up: 1.5 MW Mining/Hosting facility currently with a load of 600KW including 12 card GPU rigs, and hundreds of various asics. Currently all sha-256 miners are turned off as the margin is too close for me on those at the moment. With SHA-256 running my load would be about 1 MW.
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ROI is not relevant to me.
Why? Cost of equipment is a sunk cost and written off against income reducing tax liability, and I already own it.
Return Over Expense is what is relevant to me.
If I spend $1 for power and get $1.36 today during the bear market this still works for me.
I understand that this in no Lambo money, but it beats going back to have a JOB, and a BOSS.
I also understand that this may not work for home or hobby miners, or people looking to start mining now.
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@crazydane After reading your posts in this thread I would say that your systematic approach to mining, and using your resources at hand is sound and profitable. Also your thought process and reasoning are also valid and supported by the data you provided. Mine-On and keep doing what you are doing! (not that you need any validation from me or anyone else)  |
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Country and or State location?
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mining is not a get rich quick thing. i have been mining since late 2013. i sold as i earned back then. now when i look at how many coins i had i could have been a millionaire. so for me it's about holding what i mine. if your into fiddling and messing with hardware then it's a great hobby with a view to making some money.
pick new coins and mine the hell out of them at the start and hold those coins. some will be crap,but some will go on to have value.
heat is a big issue. if you can't get the heat out of the room then i would say don't do it.
you'll have hardware failures,especially if they get too hot. initial outlay is very expensive and it's really not worth it if you plan on using one or a few gpu's, for an example. i have 30 rx580's and i make $10 per day with free power, if i look at it as a daily profit thing. but if you plan to hold for better prices then that will go up
there is ABSOLUTELY NO ARGUMENT TO SUPPORT THAT YOUR COINS WILL GO UP IN PRICE, it doesn't matter which one it is, except if you consider faith in crypto as a reason, so stay away of manipulating people. Crypto is dying and not a single coin is surviving this tsunami. There are ABSOLUTELY HUNDREDS OF ARGUMENTS TO SUPPORT THAT YOUR COINS WILL GO UP IN PRICE, but there is absolutely no point in bringing them up as you will be blind to them. |
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Thanks for the info! Will post on service.
We hope someone know him and can contact him!
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Hello, We are looking for the pool operator of ltc.tbdice.org. The Bounty is currently 3 LTC. He has not logged in to bitcointalk since September 2018 If anyone personally knows loshia, or loshia1974 please let him know to log in here and respond to the posts on the link below. https://bitcointalk.org/index.php?topic=1290219.260See that thread for updates and bounty information. Thanks everyone for helping us out if you can! |
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Hello, We are looking for the pool operator of ltc.tbdice.org. The Bounty is currently 3 LTC. He has not logged in to bitcointalk since September 2018 If anyone personally knows loshia, or loshia1974 please let him know to log in here and respond to the posts on the link below. https://bitcointalk.org/index.php?topic=1290219.260See that thread for updates and bounty information. Thanks everyone for helping us out if you can! |
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I have tried reaching him by a direct email I had for him from a few years ago, but no answer. I would assume notifications of new postings on the thread go to that email. Also his original bitcointalk account got hacked so he had to change it, maybe he changed email also, and is not getting notifications. Maybe he is just been to busy with work and whatever. A lot of people have just lost interest over the crypto-winter. I can't really say what is up. I am going to post about the bounty on the forums elsewhere. -M Bounty post: https://bitcointalk.org/index.php?topic=5115048.0and https://bitcointalk.org/index.php?topic=5115058.0 |
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Or seeing the the pool owner does not touch the revenue other than to in the past send the block reward to the appropriate miner, he could be saving the earnings for a rainy day. If you look through older posts you will see that the OP did several times send the reward to the block finder who had been using a M address which the pool software does not support.
I worked with the OP on Litecointalk when he first set up the pool, and mined on the pool for several years. He is not trying to take anything from anyone. You can see that as the coins are still in the pools address unspent.
The real issue is where is, or what happened to him, as he has not logged into Bitcointalk since September 2018. I did see that the pool was restarted about 3 weeks ago, but prior to that it had been running for many months without a restart. Was this restart done by the OP, or the Data Center, or was it automatic?
I recently set up an new wallet and did not read this thread first and ended up finding a block with a M address too, so I am in the same boat as several others.
I see currently there ares still 17 different miners on the pool mining to a M address.
We need to get the word out, Number 1 if you personally know the OP tell him to come back on here and settle up with the block finders, adn 2 update the pool page to show a M address won't work for payouts.
I will join the Bounty for getting the OP back here and also pledge 1 LTC
So now the bounty stands at 3 LTC for finding the OP and returning him to the forums, him settling up with the M address block finders, and and updating the pool instructions to not mine with a M address!
-M
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If anyone personally knows loshia1974 (OP) please let him know to log in here and respond to the posts.
Several miners have found blocks using a M address that the pool is holding.
He has not logged in to BTC talk since September 2018. Did something happen to him? Is someone else running the pool?
-M
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Just got back from a run to pick up a load of L3+. Will get them racked today and tomorrow and see how many more I can use.
Will respond to PMs on Friday.
Thanks for the response and PMs!
-M
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Looking for: Quantity of L3+ or L3++ shipping from US location only.
Prefer lots of 10 to 100 or more. US location only.
No PSU's needed so want them without PSU.
Willing to take partial working or non working L3+ along with a lot on working L3+, Just let me know what you have.
Looking to pay a reasonable fair price for bulk lot.
PM me with offers of what you have.
I am located in the Midwest and may pick up if the drive is reasonable.
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The only available L3+ firmware on Bitmain's site is: Antminer-L3+-201811131346-384M.tar.gz
If you update to it it adds the "Cannot find Signature" so no going back or going to Bliss.
I suspect that any Bitmain firmware for any miner from Nov/Dec 18 that says "Security Firmware, Fix some security vulnerabilities"
blocks unauthorized firmware, and rolling back to previous firmware.
Even resetting does not get around it.
Thanks for this work around.
-M
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