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1021  Bitcoin / Pools / Re: [12000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested on: July 26, 2013, 07:54:33 PM
i just noticed that it broke thru 25 TH/s

that is the highest i've ever seen the 30-minute average for slush ^_^

gg

It is cuz I added another GPU Miner... I do that and someone adds like 200 Jalapenos!

I feel that way everytime i add a ASICminer stick.  Undecided

I was going to buy 4 ASICminer stick yesterday... but first I went to the calculator to see much my monthly BTC would increase.... then I increased the diff from 31256960 to 36256960 and noted it negated 2 ASICminer stick, so every 10 days 660mh/s gets negated... So I decided maybe I should stop chasing the diff. the Video cards I can sell at a profit, ASICminer stick will be useless soon. well to most people! people with 50+ already will love every single one tossed out heh

or sold for cheap. Grin
1022  Bitcoin / Pools / Re: [12000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested on: July 25, 2013, 11:38:37 PM

This is also affected by increases in our Hashrate. If our hashrate goes up your return will go down. But, it should be offset by increasing the number of blocks we find. You really can't tell much looking at each individual block, your graph 7 day average is a better indicater.

OK, so you're saying it was a coincidence that this hashrate increase, at the apex of my going from >expected to <expected happened while my miners were having a nap. I wonder what the odds are.

How does the hashrate relate to the shares per block being different? I can't see how that works.


If the pool hash rate stays the same while the network hash rate increases, the pool's chance of finding a block decreases, i.e., it will take longer on average for the pool to find a block.  Similarly, if the pool hash rate is increasing while the network hash rate stays the same, the pool's chance of finding a block increases, resulting in shorter round times.

Now, if your hash rate stays the same while the pool's hash rate increases, your share of the pot decreases because your payout is based in part on your_shares_submitted_during_round divided by pool_shares_submitted_during_round.  Your lower payout will be offset a bit if the pool has an increasing hash rate because the pool will find on average, more blocks.

I understand that  your_shares_submitted_during_round / pool_shares_submitted_during_round     is what is affected by respective varying hashrates. As such, an increase in the pool's total hashrate explains why I would get a smaller proportion of the total shares for a block. I know that here is added variance to do with how close your last share in the block is to the end of the block, which would explain why the shares proportion doesn't translate perfectly to my earnt BTC as with a proportional earning pool. What I didn't get was why my earnings might have been more than expected more often than less than expected, until I stopped mining for 8 hours, then started again, with more 'balanced' expected earnings.

To be sure, I plotted the numbers for before and after the outage, though not really enough points to confirm anything. I'm guessing that I was just having a lucky run before the outage. If that's right, then there's no long-term penalty for disconnecting other than the current round. Is that right?

yes, i believe that is right.
1023  Bitcoin / Pools / Re: Help me pick a pool on: July 25, 2013, 11:33:08 PM


@WebSlicer point your devices  at several different pools for a week or two to get a representative sample of pool payouts . I guess you could use a spreadsheet if you really want to be pedantic.

If you have, or better if I had, 1.5 TH/s I'd go solo, it takes some work to set it up correctly, though.

spiccioli

ps. As you may already know my second choice would be HHTT Smiley

Solo mining?

Pick a pool, any pool. mine for two weeks. Look at how many blocks you found. compare your return for those blocks if your were solo (most likely 0) against how much you made in the pool. go with which ever mode you would make the most money.

With solo mining @ 1.5 TH and current difficulty, you would average slightly less than a block a day (24.1345 BTC/day).  You would have to be tremendously unlucky to find 0 blocks in two weeks.

Oh sure, confuse things with the facts. actually, the suggestion i made was still valid, just not the outcome i expected. Tongue
1024  Bitcoin / Pools / Re: Help me pick a pool on: July 25, 2013, 09:47:55 PM


@WebSlicer point your devices  at several different pools for a week or two to get a representative sample of pool payouts . I guess you could use a spreadsheet if you really want to be pedantic.

If you have, or better if I had, 1.5 TH/s I'd go solo, it takes some work to set it up correctly, though.

spiccioli

ps. As you may already know my second choice would be HHTT Smiley

Solo mining?

Pick a pool, any pool. mine for two weeks. Look at how many blocks you found. compare your return for those blocks if your were solo (most likely 0) against how much you made in the pool. go with which ever mode you would make the most money.
1025  Bitcoin / Hardware / Re: Hubs for AM USB's? on: July 25, 2013, 05:47:24 PM
Everyone is saying ANKER are the only ones that run reliable with 10 of these AM sticks in,
This cant be true? Is there anything else that will run smoothly?
Is it down the the power supply? If so wont any 10 port hub work with a decent power adapter?

Your thoughts/experience.

Go here: https://bitcointalk.org/index.php?topic=253749.0
1026  Bitcoin / Bitcoin Discussion / Re: Paypal's Employee Policy on Bitcoin on: July 25, 2013, 05:37:27 PM
Rules and regulations are only existing to protect the existing state and business systems. It's made to make it harder for the mom and pop stores and small businesses to enter the market. Everybody should be aware of this, and loudly voice their opinion to Paypal and other evil companies.

Not true. In this case it is to help cut their losses while providing the customer protection they promise.
1027  Bitcoin / Pools / Re: [12000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested on: July 25, 2013, 05:35:12 PM
i just noticed that it broke thru 25 TH/s

that is the highest i've ever seen the 30-minute average for slush ^_^

gg

It is cuz I added another GPU Miner... I do that and someone adds like 200 Jalapenos!

I feel that way everytime i add a ASICminer stick.  Undecided
1028  Bitcoin / Pools / Re: [12000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested on: July 25, 2013, 04:10:13 PM
Ever since an all-night wifi outage, I'm getting frequently underpaid. When calculating the expected btc before my wifi outage, I was getting consistently more than expected. I guess this is a nice example of how the slush points work.

                                                                                         my btc                                  my expected btc     
19289   2013-07-25 14:25:20   3:10:10   65087874   8914   0.00267229   25*8914/   65087874  = 0.0034
19288   2013-07-25 11:15:10   1:06:44   22496665   3072   0.00314420   25*3072/   22496665  = 0.0034
19287   2013-07-25 10:08:26   0:05:58   2027467   308   0.00380032   25*308/   2027467    = 0.0038
19286   2013-07-25 10:02:28   0:01:30   497916   70   0.00342332   25*70 /497916           = 0.0035
19285   2013-07-25 10:00:58   2:29:49   50785547   4448   0.00315257   25*4448/50785547     = 0.0022

(The last one is higher than expected as I switched on my miners half way through that round)


My question is, how long does it take to get back on to better than expected btc? Cheers


This is also affected by increases in our Hashrate. If our hashrate goes up your return will go down. But, it should be offset by increasing the number of blocks we find. You really can't tell much looking at each individual block, your graph 7 day average is a better indicater.
1029  Bitcoin / Hardware / Re: Block Erupter USB - Overclocking/ hacking ? on: July 24, 2013, 05:47:05 PM
Okay, if your tests say so... Huh
how to mount them professionally on a aluminium heatsink?
Rubber bands will not work for longer amounts of time...

so my idea was to glue one or two glimmer pads for TO247 or the like to the board, thinner and isolating, as a replacement for the silicone pad.
then glue the sink to the glimmer.
or use the screw holes and 2 glimmer plates and lots of arctic silver, or will the silicone pad suffice?



A good quality and really thin 2 sided tape is going to be the best thing unless you go one step better and also drill holes into the cooler block to mount it using screws. I would have really like to do this today but the heatsink fins are too closely spaced to fit holes/screws in there. I suppose if you have the right tools you could tap your own threads for some machine screws. I'm just going to change mine slightly one day so it has 2 sided tape, I've adjusted the USB extender cables on mine so there is nil pressure applied in any direction to the miners: they won't be going anywhere.

Trillium, are we going to see you overclock soon? extra cooling is cool, but has it improved your hash rate? or did you just turn good enough into great?
1030  Bitcoin / Pools / Re: [12000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested on: July 24, 2013, 12:09:26 AM
yeah, thats odd. Shocked
1031  Bitcoin / Mining / Re: A case study in entry-level mining on: July 23, 2013, 06:37:12 PM
Have you considered using bgminer?  I'm running it with my Block Erupters, and it seems a lot more stable.  I'm running Windows 7 off a 40W MiniITX machine that's also my workstation.

he's using a raspbery Pi and linux. your experience doesn't correlate to his. cgminer works great on linux.
1032  Bitcoin / Legal / Re: Is Buttefly Labs breaking the law? on: July 21, 2013, 06:34:17 PM
IMHO, if BFL tells you that a condition of your order is that all sales are final and no refunds will be given, and you agree to those terms and purchase anyway, then you shouldn't cry to the FTC and ask mommy to make the bad man give you your money back.

And if they change their "policy" after you have paid your money? I'm glad that you are so perfect that you have never been victumized. Some day your time will come and you will get to cry too.
1033  Bitcoin / Mining / Re: A case study in entry-level mining on: July 21, 2013, 06:29:06 PM
Thanks for the update.

what happened around the 15th for the earnings to dip?

the hash rate remained stable, is this just random variation in difficulty?

Andy.

As far as I know, difficulty doesn't vary randomly. It increases (and theoretically decreases) depending on the hashing power of the network. As the hashrate rises, difficulty goes up, reducing the return. As time goes on, my miners will become less and less effective, making it very hard to achieve ROI.

I now have to decide whether to a) buy more miners to keep up with rising difficulty; b) cut my losses and sell the rig; c) continue mining at 1.67GH/s.

just to be clear, difficulty rising as a result of Hashrate increase stablizes the return, it does not reduce it. the ever increasing hashrate reduces your return.
1034  Bitcoin / Pools / Re: [12000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested on: July 21, 2013, 05:54:28 PM
it took several trys before one of my miners could connect.
1035  Bitcoin / Hardware / Re: bad Block Erupter? on: July 21, 2013, 03:46:55 PM
I just got a BE myself yesterday, all this talk about overheating as me wondering. Is it safe to run a BE without airflow over a extended amount of time? (over an hour) I'm wondering because this damned desk fan I bought(I'll replace it sooner or later I think) is pretty damned loud at night and was wondering if it's safe to it off during the night.

Yes it is safe to run them for an extended length of time with out a fan. I have one that has run 24/7 for over 3 weeks.
1036  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 20, 2013, 06:34:09 PM
You guys like those little USB miners?  Go get 'em: https://bitcentury.io/  (4Gh/s USB stick)

We can only buy with bitcoin? is this a different site than the kit sales are on? i had to make a new account.
1037  Bitcoin / Bitcoin Discussion / Re: I could spend .05 bitcoin from my pool account now? on: July 19, 2013, 10:49:37 PM
if your pool allows a distribution that size, then yes you can.
1038  Bitcoin / Mining / Re: Jalapeno driving my Sterling heat engine. Must be a better way. LOL. Video on: July 19, 2013, 06:36:38 PM
where did you get the engine? that's cute.  Smiley
1039  Bitcoin / Pools / Re: [53000 GH] BTC Guild - PPS/PPLNS + TxFees, Stratum, MergedMining, Private Access on: July 19, 2013, 06:11:44 PM
Eleuthria, I've accumulated enough Bitcoin for another Erupter, but I'm thinking that it is unfair to you to order these at the rate of one a week. Also, a lot more expensive for shipping. If we have several open orders of 1 ea. would you consolidate them to make your life easier? or should we order less frequently to make things easier for you? What are your thoughts on this? On one hand i want to get them mining as quick as i can so i have more coin to buy more. But on the other hand, this must be a pain in the ass for you. Surely you have better things to do with your time.

It's really not a big problem.  Yesterday I pushed out every on-hand unit that was ready to ship.  Next batch arrives today, and on Monday I expect to ship out every backordered unit with a little leftover to finally get into a 24-hour turn around (exception being I will probably run out before my next batch arrives, but for at least a day I should be ahead of the orders).

Shipping individually does generate the least profit, but it's still profitable and worth the time to do it.  No need to feel bad Tongue.

Maybe ya should get a High School kid to help ya part time Wink
1040  Bitcoin / Pools / Re: [53000 GH] BTC Guild - PPS/PPLNS + TxFees, Stratum, MergedMining, Private Access on: July 19, 2013, 05:54:02 PM
Eleuthria, I've accumulated enough Bitcoin for another Erupter, but I'm thinking that it is unfair to you to order these at the rate of one a week. Also, a lot more expensive for shipping. If we have several open orders of 1 ea. would you consolidate them to make your life easier? or should we order less frequently to make things easier for you? What are your thoughts on this? On one hand i want to get them mining as quick as i can so i have more coin to buy more. But on the other hand, this must be a pain in the ass for you. Surely you have better things to do with your time.
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