everything is fine on my end   It seems I got yer rewards  Nice when that happens - if slush doesn't force a recalculation before 100 confirmations are done - you will get to keep this reward - happened to me once (but not on your rate  ). |
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Plug in 333 Mh/s for $250 into any of the calculators that take into account an exponential rise in difficulty and you will find that these never break even. If the difficulty is rising exponentially, which there are strong indications that it is, these items will make less and less at a rate that means they never pay for themselves at any power use or electricity cost.
I plan on running some and selling some on Ebay. Profits from Ebay means I won't need to cover the cost of the ones that I do run.
Assuming the price of bitcoin will remain the same... - if, in a years time from now 1 BTC = $500 dollars then these little usb gizmos will have been a steel... |
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Received my USB ASICs (thanks!). But I have a problem with those USB / COM drivers... ... edit ... Probably I did something wrong? My system is Windows XP / Windows 7 = both with the same problem... Any ideas how to help? I would like to support the BTC Network I used yxt's instructions https://bitcointalk.org/index.php?topic=195037.msg2299251#msg22992511) download cgminer-3.1.1 2) install the windows driver (in yxt's link)3) plug in the usb and note the COM port it sits on 4) create a windows batch file (slush.bat) and enter similar to this: C:\cgminer-3.1.1-windows\cgminer.exe --icarus-options 115200:1:1 --icarus-timing 3.0=100 -S //./COM3 -S //./COM4 -o http://stratum.bitcoin.cz:3333 -u USERNAME -p PASSWORD |
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Clever guy- sums it up - can we have a star-trek coin or has that been done - this coin is 'bolder' than other coins...
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Yeah, bigbeninlondon responded to my post about the difficulty, which was not related to his question about his hash rate.
Although, nottm28 did respond to bigbeninlondon with a fairly complete answer...
And that's the problem with 15 people lurking in this thread. 4 new pages a day makes it hard to keep track of anything.
slush created a monster - he must love it |
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Yeah, bigbeninlondon responded to my post about the difficulty, which was not related to his question about his hash rate.
Although, nottm28 did respond to bigbeninlondon with a fairly complete answer...
And that's the problem with 15 people lurking in this thread. 4 new pages a day makes it hard to keep track of anything.
That is the point of a Forum. I Corrected what I said right after I read what I posted but it was too late.... So the question still is open... why has his/her personal miners hashrate dropped. I say heat.... Could be heat - sometimes I just need to 'bounce' my workers... |
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The difficulty changes are designed to keep blocks being found at a steady pace. So when the total hash rate of the network goes up, and blocks start getting found faster, the difficulty will go up so that blocks will continue to be found at the same rate.
That's how we can predict when the next block halving will be. It's all about math. And the reason your reward goes down, is because there is more hashing power finding about the same amount of blocks. So if you don't increase your hash power at the same rate the network/pool hash rate increases, then your share of the pie will get smaller.
So the lower hashrate is specific to me, correct? What I SHOULD see is the same hashrate, the same payout just less often. no. the person that replied to you did not understand or fully read what your said as their reply was correct but did not answer your question. DIFF with NOT effect your worker hashrate. Is it HOTTER in your area today? are you mining GPU's? look at the AMD Application does it say your GPU is locked at 95%? when temps go up the AMD application does odd things. it will lock the GPU at a certain % or the card itself will cut the power etc etc... umm I am 'the person' and I think I did understand - but thanks for your post |
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Also wanted to to say that the difficulty increases are simply an indicator that the overall network hash rate is increasing. Each bitcoin block is, by design, meant to be found every 10 minutes on average. If a load of new asic miners come online, then clearly that 10 mins will become 8 mins or 7 say. So 'they' increase the difficulty so that we are back to on average 1 block per 10 mins.
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The difficulty changes are designed to keep blocks being found at a steady pace. So when the total hash rate of the network goes up, and blocks start getting found faster, the difficulty will go up so that blocks will continue to be found at the same rate.
That's how we can predict when the next block halving will be. It's all about math. And the reason your reward goes down, is because there is more hashing power finding about the same amount of blocks. So if you don't increase your hash power at the same rate the network/pool hash rate increases, then your share of the pie will get smaller.
So the lower hashrate is specific to me, correct? What I SHOULD see is the same hashrate, the same payout just less often. Your hash rate should be stable - it will fluctuate slightly depending on individual worker luck - but if you had about 2 GH/s last week, then you should still have 2 GH/s this week. This is regardless of difficulty increases, increases in the pool hash rate or increases in the network hash rate. That is the easy bit - your own hash rate is a relative constant. Now, assuming your own hash rate remains constant (and you not adding in lots of usb miners - so you stay at 2 GH/s): 1) If the pool hash rate increases but the total network hash rate stays the same (so in other words, other existing miners move their rigs over to slush's pool)? Then you should expect to find blocks more frequently - but your share of the payouts will go down slightly. Net effect is you earn the same over a week. 2) If slush's pool hash rate remains the same but the overall network hash rate increases? Then you should expect to find blocks less frequently - but your share of the payouts will remain the same. Net effect is you earn less per week. 3) More typically, if slush's pool hash rate increases and the total network hash rate increases proportionally? Then you should expect to find blocks relatively consistently - but your share of the payouts will go down. Net effect is you earn less per week. |
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Why does this petition require a street address? I just put my city - didn't ask for street address... |
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Does anyone have, the "lower reward" syndrome?  After every round i got much lesser reward than usual... I am beginning to panic! These are usually around 0.0025, but now 18452 2013-06-07 10:39:27 0:14:40 2847270 229 0.00187782 240218 25.28180000 98 confirmations left 18451 2013-06-07 10:24:47 0:36:58 7112700 622 0.00193577 240216 25.46560009 96 confirmations left 18450 2013-06-07 09:47:49 1:31:11 17439636 1328 0.00158006 240210 25.31299996 90 confirmations left It's not hard to work out. The overall bitcoin network hash rate is increasing rapidly whereas your own mining hash rate remains the same. So you will get less unless you increase your own personal hash rate in line with the overall bitcoin network hash rate. and, in short, you have to do this FOREVER. thus, don't speak of a desired hashrate goal, but percentage of total network. personally i'm hoping to eventually maintain .1% of the whole. So, with ~1GHs, that I have, I can expect to find the block - never, and constantly decreasing reward from mining? Right?  Fraid so... current network hash rate is approx 120000 GH/s - so if you wanted to follow arklan's (admirable) plan and maintain 0.1% of the total network hash rate - you would currently need to be mining with approx 120 GH/s. If and when I finally get my bfl 30 GH/s I am going to move my GPU's to LTC mining - seems to be the preferred model according to some... [EDIT] meant to link to this http://blockchain.info/charts/hash-rate |
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Does anyone have, the "lower reward" syndrome? After every round i got much lesser reward than usual... I am beginning to panic! These are usually around 0.0025, but now 18452 2013-06-07 10:39:27 0:14:40 2847270 229 0.00187782 240218 25.28180000 98 confirmations left 18451 2013-06-07 10:24:47 0:36:58 7112700 622 0.00193577 240216 25.46560009 96 confirmations left 18450 2013-06-07 09:47:49 1:31:11 17439636 1328 0.00158006 240210 25.31299996 90 confirmations left It's not hard to work out. The overall bitcoin network hash rate is increasing rapidly whereas your own mining hash rate remains the same. So you will get less unless you increase your own personal hash rate in line with the overall bitcoin network hash rate. |
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yxt, just... want to say thanks again! All the best for your new project, stay strong! As you mentioned, it's a nightmare starting some (serious) business in good old Germany... you're welcome From nightmares you wake up at some point...  Sit back, relax, take a deep breath - you delivered this - big time. |
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Check and re-check your wiring 99/100
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erm, over 2 hours for a block - something must be wrong - everyone PANIC
[EDIT] joke
You should've seen the 10+hrs one a few weeks ago - people were praying for it to end! I did |
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