One block (by design) is found every 10 mins.
Do you see this?
There we go, thats the point. This "by design" - how do you think it works? It does via adjusting the difficulty. If an increase in hashrate lets the network find blocks more often, difficulty is increased to a value which leads to one block every ten minutes on average, with the current hasrate. If the hasrate drops, and the networks finds blocks too slowly, difficulty is lowered. So "every ten minutes by design" does not work instantly, but is periodically adjusted via the difficulty value. Ok trasla, no worries, I tried  heh, this is like tag team. I think that the problem is that we are looking at long term and you are looking short term. Yes, until the difficulty increase the time to find a block would decrease. And you would continue to find them at a constant rate. But, when he difficulty does go up, it will more than compensate for the previous "gift". At least i think it will. there are those that speculate that the date the last Bitcoin is mined is slowly moving closer. |
|
|
|
|
Hey nottm, we might as well give up, he just doesn't get it. and we won't convince him that there is more to it than just probability,
|
|
|
|
2) and 3) is not true until difficulty adjusts - so you earn less in the long run, but until the next retarget everybody just earns more, because due to increased network hashrate, blocks will be found more frequently than every ten minutes.
Sorry I beg to differ. Difficulty is simply a reflection of hash rate - not the other way around. Hash rate is the master - difficulty comes into play in an attempt to make 1 block be found every 10 mins. If someone plugged in a 100 TH miner into the network then it would take a while for difficulty to adjust - but your reward would go down straight away. Incorrect regarding rewards, at least directly. You would still see the same rewards until difficulty adjusted. You may be mixing up reduces rewards per round (which would happen if pool speed increases), but that's the same net reward for the difficulty since more rounds would complete. The only immediate reduction in rewards would be the result of orphaned blocks and stale shares. When the network is producing blocks faster than it should, the rate of orphans and stale shares is higher. Oh sure, just what we need, someone who actually knows what he's talking about. Who left the gates between the pools unlocked? heheheheheh |
|
|
|
Why should my reward go down?
The frequency in which i find blocks with a given difficulty does not depend on the network hashrate in any way.
Actually, it does because the higher the hashrate relative to yours, the better the odds that someone will fing the next block before you do and you'll have to start all over. |
|
|
|
|
awwww, come on, don't be quick to get rid of the GPU mining ability.
It may not be cost effective, may even lose money, but it is the only way for newbies to get involved and see what mining is all about. Telling future miners that they can't mine without buying special equipment(which most are predicting won't see ROI) isn't exactly great for Bitcoins future. Telling them that the can mine with the GPU in their current computer but will spend more on electricity than the make in Bitcoin will at least see the technical side of mining and decide about buying better equipment.
I'd think that the GPU code is pretty solid by now. Would it be so hard just to leave it in? or, make a separate GPU only build for beginners to use? I've just got one GPU working this week and there is a second in the box that i want to get going. I don't care if they make expensive Bitcoins, I just need the Bitcoins to buy more ASICS, and don't want to go through transferring money through exchanges. For me this is a hobby, not a business. I'm mining because i enjoy it.
|
|
|
|
|
it has been bugging me, anyone know what that "4R7" thing is? it is like the highest part on there.
|
|
|
|
I can't help but wonder if the people at Ankar aren't sitting scratching their heads wondering why the sales of 10 port powered USB hubs has risen recently,  |
|
|
|
|
I'm confused, people are complaining about the increase in the pool's hash rate because their return per block has gone down? If our hashrate goes down, doesn't some other pool's hashrate go up and they get more blocks while we get fewer blocks?
Personally, since the entire Bitcoin hash rate is rising, i think that i'd prefer a smaller piece of more blocks. the only way to increase or maintain your earning rate is to increase your own hash rate.
|
|
|
|
|
The power of ASICs over GPUs is the Elec. that the GPUs use. Find a crazy stupid, almost free source of Elec. and video cards could more than hold their own against ASICs and could be in service right now. Think outside the box.
|
|
|
|
yeah, i want to differentiate the ones i bought on eBay from the ones bought with mined coin by color. i only want to buy the yellow ones with mined coined.  |
|
|
|
Hey Guys, just playing around with an Erupter before my Jalapeno comes and I'm curious: Running Cgminer on Minepeon (Raspberry Pi) I'm measuring 330 MH/s (via the web GUI) but on the Slush website, I'm getting 208 MH/s (which has slowly been rising from the 130 from 25 minutes ago.) Is this normal, like does it take time to get things in sync or  (When I tested the Erupter on my desktop with Bitminter, I got 333 MH/s via their app. right away) I am connected via Stratum btw. Thanks, IAS edit - Just noticed this under the stats - "* The calculation is based on the number of shares so far, which may not be accurate for slow workers." So, does this mean I'm actually only "getting paid" for the 208MH/s or You haven't started at the start of the round. That is why it is increasing... It is calculated average rate in the round. Payment is more complex. So let just say you will get what you should for 330 when you will be mining whole round. You will get more the you should for this round but will get less if you end before round ends... See how Slush method works... the hash rate on the Slush sight rarely reflects what your actual hash rate is, sometimes it is higher and sometimes lower, on average it is close to being right. |
|
|
|
18702 2013-06-22 15:21:37 1:59:11 30464457 1686 0.00000027 242788 25.44442180 70 confirmations left
Slush, recalculate please...!
I see it just got fixed. Good job Slush!!! I see it back to normal too, But, I want to know why this happen,and how to make it never happen again? heh, so does Slush. heheh  |
|
|
|
and this 1# 18694 2013-06-22 05:48:44 1:30:06 22986591 85600 0.03428090 242714 25.28553728 2# 18694 2013-06-22 05:48:44 1:30:06 22986591 85199 0.06613469 242714 25.28553728 3# 18694 2013-06-22 05:48:44 1:30:06 22986591 84288 0.07321128 242714 25.28553728 WHY? ? Umm... Nobody told you about the Activity level 55. You're not there yet, so get used to this happening... what is Activity Level 55? I'm newbie,plz give me a URL something? its a jjoke |
|
|
|
Profit? what is that? Figure that right now, at this moment, one will make about US$1.50 per day and every ten days it will make a little less. |
|
|
|
if we don't buy them, someone else will.  There is no stopping this train, either get onboard or sit in the station. |
|
|
|
Looks like one of the server’s unloaded the pent-up data all it once.
I wonder what would have happened if a block was solved right at that time. I would have gotten an insanely high payout, I think. LOL
LOL i think the moral of this story is "Quit watching the pool mine and go read a book or watch TV".  |
|
|
|
ok, cgminer -n gets the following:
./cgminer -n
[2013-06-21 15:10:01] CL Platform 0 vendor: Advanced Micro Devices, Inc.
[2013-06-21 15:10:01] CL Platform 0 name: AMD Accelerated Parallel Processing
[2013-06-21 15:10:01] CL Platform 0 version: OpenCL 1.2 AMD-APP (1113.2)
[2013-06-21 15:10:01] Platform 0 devices: 1
[2013-06-21 15:10:01] 0 Tahiti
[2013-06-21 15:10:01] Failed to ADL_Adapter_ID_Get. Error -10
[2013-06-21 15:10:01] This error says the device is not enabled
[2013-06-21 15:10:01] Failed to ADL_Adapter_ID_Get. Error -10
[2013-06-21 15:10:01] This error says the device is not enabled
[2013-06-21 15:10:01] GPU 0 AMD Radeon HD 7900 Series hardware monitoring enabled
[2013-06-21 15:10:01] 1 GPU devices max detected
[2013-06-21 15:10:01] USB all: found 7 devices - listing known devices
[2013-06-21 15:10:01] No known USB devices
aticonfig --lsa
* 0. 01:00.0 AMD Radeon HD 7900 Series
1. 04:00.0 AMD Radeon HD 7900 Series
There is a Sapphire 7970 in the PCIe X16 slot and a GigaByte 7950 on a PCIe X16 PCIe X16 extender which is plugged into a PCIe X16 connector on the MB which is actually X4. any ideas why I'm only seeing one card? this is running on 64 bit ubuntu 12.whatever LTS i didn't see anything specific to this in README or GPU-README
SDK 2.8 I was using that one: 1 )Starting Installation of AMD APPSDK v2.8 .... 2 )64-bit Operating System Found.. 3 )Version Information Available in VersionInfo.txt 4 )Untar command executed succesfully, The SDK package available 5 )Untar command executed succesfully, The ICD package available 6 )SDK Binaries/Source/Samples/Other files copying to = /opt/AMDAPP 7 )SDK files copied successfully at /opt/AMDAPP/ 8 )Copying the OpenCL runtime files to System... 9 )Updating Environment vairables... 10 )Updating LD_LIBRARY_PATH in /etc/profile 11 )Environment vairables updated successfully 12 )Initialize global environment vairables... 13 )Global environment vairables Initialized 14 )AMD APP installation Completed 15 )Reboot required to reflect the changes is there a command line setting that i need to make? I'm just using: ./cgminer or do i need to set something with aticonfig? or do i need a dummy plug to enable the board? |
|
|
|
|
It is my opinion that the statistics on the "My Account" don't keep up with reality in real time. For example i added a 500Mh/s miner today and watched as the hash rate on that miner climbed from nothing to the proper amount over time. every time i refreshed the screen the rate went up 1-3 Mh/s.
the displays aren't as important as the hashing so i suspect they run at a lower priority.
in regards to payout on the statistics page, give it 15-20 minutes to settle out before panicing. i just saw my most recent payout as .00000010. shortly there after it got fixed.
|
|
|
|
Too many! |
|
|
|
|
ok, cgminer -n gets the following:
./cgminer -n
[2013-06-21 15:10:01] CL Platform 0 vendor: Advanced Micro Devices, Inc.
[2013-06-21 15:10:01] CL Platform 0 name: AMD Accelerated Parallel Processing
[2013-06-21 15:10:01] CL Platform 0 version: OpenCL 1.2 AMD-APP (1113.2)
[2013-06-21 15:10:01] Platform 0 devices: 1
[2013-06-21 15:10:01] 0 Tahiti
[2013-06-21 15:10:01] Failed to ADL_Adapter_ID_Get. Error -10
[2013-06-21 15:10:01] This error says the device is not enabled
[2013-06-21 15:10:01] Failed to ADL_Adapter_ID_Get. Error -10
[2013-06-21 15:10:01] This error says the device is not enabled
[2013-06-21 15:10:01] GPU 0 AMD Radeon HD 7900 Series hardware monitoring enabled
[2013-06-21 15:10:01] 1 GPU devices max detected
[2013-06-21 15:10:01] USB all: found 7 devices - listing known devices
[2013-06-21 15:10:01] No known USB devices
aticonfig --lsa
* 0. 01:00.0 AMD Radeon HD 7900 Series
1. 04:00.0 AMD Radeon HD 7900 Series
There is a Sapphire 7970 in the PCIe X16 slot and a GigaByte 7950 on a PCIe X16 PCIe X16 extender which is plugged into a PCIe X16 connector on the MB which is actually X4. any ideas why I'm only seeing one card? this is running on 64 bit ubuntu 12.whatever LTS i didn't see anything specific to this in README or GPU-README
|
|
|
|
|
Show Posts
