hi, im new to bitcoin mining and could use some help.
im using guiminer but after about 20 minutes or so my gpu activity stops and i need to restart the miner.
Does anyone know why?
This is a pool thread not a mining software thread. Try posting here in the thread for GUIMiner. https://bitcointalk.org/index.php?topic=3878.0 |
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It would matter to me - I only just added the pool, and then they get to 0.43*D shares and everyone leaves, pool closes and I have to delete them from the list.
I guess we'll see.  |
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Are you using Bitcoin-QT? if so what version?
I have downloaded the bitcoin core, the newest version: 0.9.2.1 sirius@sirius-ThinkPad-Edge-E540 ~/Documents/bitcoin-0.9.2.1-linux/bin/64 $ ./bitcoind getinfo
Duh, never mind my question. I have no idea why it is working. When I started with 3.22 I had to roll back to 3.12 with the Bitcoin client to tinker around with solo mining. But it's more likely you'll burn up your CPU, over time, then find a block. Someone would probably be willing to give you a Block Erupter which will give you 333Mhash/s and consume allot less power. |
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Are you using Bitcoin-QT? if so what version?
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I think they took that out of bitcoind and cgminer. You can try cpuminer.
Huh? That sounds weird but the Bitcoin Wiki agrees with you. So why is the command still there in bitcoind? Does it only work with a GPU? Coin generation was taken out of the Bitcoin client in 2011. If you want to solomine you can use CGMiner with an ASIC or you can use BFG Miner with a GPU. If you want to tinker I would get a Block Erupter, CG Miner and Bitcoin-qt and tinker with that combo. CPU or GPU solomining will use allot of electricity and make allot of noise. Using a BE will be quite and waste only 2.5 watts. |
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hi guys i see many block mined on blockchain without any pool .. is it possible to mine bitcoin without attaching your hardware with the pool?
i know there are big chances of accepted share on pool , but what about without pool?
Yep, you can mine against your Bitcoin-Qt client in server mode. |
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I can't speak for raskul on that one. I'm not directly involved, we're just friends. To my knowledge, that's the only system NOMP supports at present, but I'll leave that to him to answer. I assume you're concerned with hopping?
Not concerned, just surprised. I'll list it as is then. In today's mining environment would/could hopping really be an issue? Is hopping even taking place anymore? Impossible to say, DeepBit haven't solved a block since late last year, and Slush isn't being hopped. I bet hopping would return if there were any large standard prop pools. You could probably set something up using ifttt !  If pool hopping did pickup in earnest again. Would it really matter? Would it really hurt uninformed miners? Or would it help uninformed miners at this point? |
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I can't speak for raskul on that one. I'm not directly involved, we're just friends. To my knowledge, that's the only system NOMP supports at present, but I'll leave that to him to answer. I assume you're concerned with hopping?
Not concerned, just surprised. I'll list it as is then. In today's mining environment would/could hopping really be an issue? Is hopping even taking place anymore? |
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Their hardware is about 30% of their pool size let's say 20 Peta hash max or about 16% of the total hashing power of 120 Peta hash. Oh look it is already at your requested reasonable percentage level.
If only that were true that would be great. It appears they are attempting to obscure their hashrate by solo mining with some of it. Also many of their independent miners are using their cloud mining services which said miners have no control over that hashrate. Your right in that I haven't really researched how much hash rate is really theirs on their hardware on the network. But I have no idea how to realistically or accurately do that. I, like most people, go by the pie chart on blockchain.info. The Bitcoin protocol has a weakness with the 51% issue, having the market players discuss it as an industry is the way to find a long term solution.
It's not a weakness! Its the nature of Bitcoin. That is the way hashing entities "vote" to make changes. Right now ghashio is approaching the power to "vote" with no input from others. That makes allot of people nervous since they think any fork they do will be bad for everyone else, maybe it will maybe it won't, maybe ghasio will never attempt to create a hard fork. |
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You don't need any conference to figure out a "solution" to a problem you created. All you need to do is sell your ASIC hardware instead of hording it and mining on it for yourself. Simple. You don't need to liquidate all of your hardware just enough to maintain a more reasonable percentage of the overall networks hash rate, around 10 to 15%. Having half the network being your hardware under your control and is decreasing confidence in Bitcoin and will decrease your profits. So selling off your hardware to a more reasonable level is not only good for the network and all Bitcoiner's, but is also good for you. It's not brain surgery, just common sense. No conference needed. |
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CG Miner is Bitcoin only. It doesn't mine any altcoins since 3.7.2 I believe and those older versions only solo mined with getwork protocol.
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You just simply select the hashrate you have. It makes no real difference in your pay, only the amount of bandwidth you use to get work and send shares. The higher the difficulty you select the less bandwidth you consume which is good for you and the pool.
Read the link ckolivas posted too.
Edit: also BTC Guild uses dynamic difficulty. So if you select a too low of a value the pool will adjust it dynamically. So the one you select is the floor value and the pool will adjust up if necessary but not down.
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Iam ming without any disruption ?
The miners run 24/7/4
OK, I would still post in BTC Guilds support thread though. |
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Thanks for explaining that for me. I think I have it.
So if the luck is down such as now is it worth moving to another pool or ...?
If the pool is having better luck, sure. But there is no way to tell when a pools is going to have good or bad luck as it is complete random chance. And it is possible for the entire network to have bad luck as well. |
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Maybe they took it down to add Stratum?? Wouldn't that be cool?
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PPLNS
I just havent seen luck mentioned anywhere else as such, although I realise its all down to luck I guess.
No not all pools use the PPLNS payout method. Here is a list that shows what pools use what payout method. https://bitcointalk.org/index.php?topic=104664.0Luck has nothing to do with the payout method. Luck, or Random Chance, is the nature of Bitcoin. It is a measure of how many blocks are actually found per a given amount of hash rate. Good luck means more block are found and bad luck means fewer blocks are found per a given hash rate. |
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Are all pools using this method now?
What "method" would that be? |
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Can anyone tell me if I am completely missing something here?
If I go to bitcoinwisdom.com and look at difficulty, it predicts the next adjustment as being +13% even though the average block time is 10 minutes. I realize their predictions are not accurate for the first days of a change, but is the average is 10 minutes shouldn't they be predicting 0%?
We're only a quarter of the way into this difficulty. So there is allot of room to go either way. But yes, if 6 blocks per hour is maintained all the way through then difficulty would stay the same, pretty much. But I doubt that will happen and they probably doubt it too. |
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