What happens after all blocks are found? I mean, what's the motivation to keep the network running?
What I also don't understand: Where are transactions stored once all blocks are found?
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After luck improved I started using p2pool again (version 3.1 on win7x64). My hashrate is 840MH/s.
I ran it 24/7 for 3 weeks.
While it looked very promising at first - I got a constantly ~0.15 BTC per block - my reward started to decrease about 10 days ago. I got less and less for each block. At the moment it's only 0.03 BTC per block.
[EDIT] I just noticed that there were block where I got no reward at all. So it's like this over time: 0.15, 0.10, 0.7, 0.3, 0.0, 0.0 ...
First I thought it's a problem with my miner (cgminer 2.6.4) - so I restarted it.
But I still only get a reward of 0.03 BTC per block.
So p2pool must be the problem here.
Any ideas?
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You missed the part where the extra heat was optional, only if you connect the external power supply.
Yeah I love those multi-function units. Graphics-Card-Space-Heatings, Fire-Extinguishing-Whipped-Cream-Spray-Cans, Space-Elevator-Port-A-Loos, Anti-Global-Warming-Air-Conditions, ...
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According to BFL themselves, it will be USB powered with an additional power input to make the hot plate hotter, since it was established that existing USB powered coffee warmers don't get hot enough to actually keep the coffee warm.
That's a joke, right? If not, it must be a scam. More heat - that's exactly what every miner wants
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Since the BitForce Jalapeno is connected via USB I assume it's power consumption is 2,5V.
But I better ask to be sure.
- What's the Jalapeno's power consumption while mining? - Is it designed to mine 24/7 ? - How hot does it get? Does it need cooling?
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My main concern is that their order system seems to be in no way connected to their payment processing system.
I already paid (via PayPal) - but how will BFL match my payment data with my order data? Just based on my first/last name? I am pretty sure there are is more than one, lets say, John Smith that ordered from them.
Another concern: In case I have placed multiple orders - how will BFL determine which products I have ordered / which products I have already paid for? Just based on the total? E.g. I made one payment with 1932$ and one with 2208$? Do they use some kind of AI to exactly figure out that 1932$ is 3 x Jalapeno and 1 x BF Single + priority shipping?
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Today I tried to pre order a BitForce Single ‘SC’. Because the payment processing via PayPal didn't go through I repeated it 3 times. The 4th time it worked OK.
Surprisingly I now have 4 pre order confirmation eMails from BFL in my mailbox.
It seems the (external) payment processing (PayPal, etc.) is in no way connected to BFLs order page.
How will BFL ever be able to match orders with payments?!?!
Do they even intend to do that? Or is their plan simply to get as much money as possible - and run...
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My setup: 2 x 6970, cgminer 2.6.2
While mining, the screen shows me this here: ... CPU 0: ... 420 Mh/s ... A:39096 R:348 CPU 1: ... 414 Mh/s ... A:40119 R:390 ...
CPU 1 has always a lower Mh/s than GPU 0. But at the same time accepted (and even rejected) are higher than GPU 0.
How can this be?
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I have had an annoying hardware failure of one of the machines that provides data for p2pool.info behind the scenes. Until I can rebuild this machine, it means p2pool.info may be intermittently out of action or inaccurate.
It's fixed. And no comment... That is very nice first time I've seen the 90 day over 100% Thanks for Great Week P2Pool Did they change the algorithm to calculate the luck charts on p2pool.info?
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There's an upper limit of 21 million Bitcoins. Currently that approx. 100 million USD. For big players like Goldman Sachs that's peanuts.
Should they decide one day that Bitcoins might impose a threat on them in the near future, they could buy large amounts of Bitcoins - and "destroy" them (e.g. move them to offline wallets - and "throw away the key"). So basically dry out the Bitcoin market.
Is that a valid scenario? What do you think?
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I'm on several >100% PPS pools.
On which pools are you on?
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P2pool is an awesome concept. It just doesn't pay. I'm making ~9 btc per day PPS. That would take 4 blocks per day on p2pool. Which when I was on was a really good day. I consistently got 2.x btc per block as one of the top miners.
So your pool pays 4.25x better than p2pool? Where do I sign up? Read! He wrote 2.x btc per block (not per day) on p2pool.
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Many users use Ozco as their backup pool to GPUMax, so when leasing is available thats where all the hashing goes.
Why is GPUMax so popular?
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Why does the Ozcoin pool hashrate vary so much? Sometimes it's over 1500, sometimes as low as only 300.
Does that mean Ozcoin is hopped a lot?
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In the past 24 hours Deepbit has found 18 blocks at 3177 GH/s, giving them a value of ⊅0.28328612 per gigahash. In the past 24 hours P2Pool has found 5 blocks at 229 GH/s, giving them a value of ⊅1.09170305 per gigahash.
So? In the next 24 hours it might be the other way round. I tested p2pool for 1/2 year!! - not just 24 hours. Or a week. I used it for full 6 month. And I only got about 80-90 percent of what I would have gotten using BTC Guilds PPS method. - With BTC Guild PPS I get ~0.48 BTC / day for my 840 MH/s. - Using p2pool I got ~0.39 BTC / day (average for the past 6 month) for my 840 MH/s. And no, I did not have a faulty configuration. Or old version (btw. this constant need for updating p2pool - and bitcoind - was a pain in the ass too. No need to worry about that using deepbit, slush, etc.). If someone tells me he's getting the same or more using p2pool compared to a "traditional" pool he is simply a liar. Or fool. Or both.
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OK, after 1/2 years of p2pool mining I finally quit. Simply because I don't get the reward I should get. When I look at the luck chart it's always around 90%. And that pretty much confirms my own (long term!) observations: When using p2pool I get only about 80-90% of the reward I get compared to Slush or Deepbit. Question: Is there any chance that p2pool will finally be able to compete with the other pools? Or is the p2pool approach simply inherently flawed?
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No earthquake. It's me I started using p2pool again exactly on the day bad luck began. Not joking.
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Question for the "Blocks found in last day:" section from http://localhost:9332: * I got credit for some blocks that did not show up in this section. * I can see those blocks in my local Bitcoin wallet as well as on http://p2pool.info/* p2pool shows me: Shares: 51 total (0 orphaned, 0 dead) - I would have expected that this "orphaned" counter would be greater than 0 in cases like this. No? - How come the local block statistics ( http://localhost:9332) are different from the ones on http://p2pool.info/ ? P.S. After some weeks of mining for a different pool I'm back to p2pool now - this might explain the bad luck we have recently. I'm sort of hoodoo to p2pool
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Also, if NMC is the only one you're merge mining with, ...
Is it possible to add more than just NMC to do merged mining? I thought the only possible option is BTC + NMC. No?
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