So is it 16 TH/S only on an ASICBOOST pool? How does that number adjust for a non-ASICBOOST pool?
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Meanwhile Lulz about the stratum changes everyone is following orders from Bitmain to do I did say before that slush had grown really fast recently and most likely thanks to Bitmain ... no doubt due to the fact that he's implemented a change in his pool for Bitmain Yes Bitmain does control more than 50% of Bitcoin ... and people fall in line to do as Bitmain says FYI: it will no doubt be the next Bitmain miner after the S9 that openly includes AsicBoost, whereas before it was supposed to be a secret until I posted the Bitmain docs about it when they put it in the S9 What is the change they're asking for? (Seems like whatever it is, the pool won't do it.)
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The wait on new miners to arrive can be brutal - I want to find some blocks. Come on Bitmain, HalongMint, Canaan - let's ship more product!
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If they're not shop.bitmain.com, you shouldn't buy Bitmain gear there.
There are some legit shops that sell Bitmain stuff, but always at a markup (for example, eastshore.xyz or myrig.com)
There's also legit shops that sell other company miners, like blokforge, who have more than just Canaan gear.
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hmmm is it jst me or is bitman spitting out machines at a crazy rate and price is dropping . that new chip must be comming soon SO does anyone know what the latest and greatest bitcoin mining machines are that are in the works from mining companies? what kind of hash rates are they talking about delivering? Brands and hash rates? Price? I've been researching but not seeing much out there.. But the new S9's are dropping like crazy ($2000 for miner and power supply)... just like Gaud says something new/big must be coming is my guess... Figured I'd ask the guys who would know.. Oh and lets crack another one today...BOk, BOK, BLOCK!! Would be better to checkout the mining speculation threads. The only miners yet to be released that we know of are the DragonMint 16 TH ( https://halongmining.com/), and the eBit 18TH ( http://miner.ebang.com.cn/). Bitmain is rumored to be working on something new, but no details are known.
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There's another reward for the last 5ND shares!
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As I've stated before, changing the 5Nd to 1Nd means everyone mining here loses out. Someone starts mining, their first 5Nd of rewards are higher since after 1Nd they are already fully ramped ... so that extra BTC for the first 5Nd has to come from somewhere ... the pool would have to take it from everyone currently mining. Edit: had to fix that I got it wrong It'd also mean that runs of bad luck hurt more, because if it runs over 100%, you get paid for fewer shares!
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Well something is going on at my house. All of my miners quit showing up at the pool at the same time. Im stuck here at work so I cant even check to see whats going on. Now im going to lose a day of mining. . I must have either lost internet or power. This sucks. The good news is that because of the 5ND, you won't lose much rewards. Likely your internet went out, or you could've lost power.
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i give up i must be really dumb sorry i got lost after the first paragraph this bakery did not help at all
Ok, how about this. There is a giant pit, and a giant mountain with some gold in it. Miners come and try to find this gold by breaking a piece of rock off. The rock is hard and not easy to break free, so it takes a lot of work to remove a pebble. Each miner breaks a pebble off the mountain and throws it in the pit with their unique code. Every now and then, after about 3 trillion pebbles, a miner finds a rock made of gold, and throws that into the pit. When this happens, a machine scans each piece of rock in the pit and gives credit to the miner who threw it in, based on how many pebbles they added and the total pebbles added by all miners. Instead of just awarding the pebbles they added between now and the last time a gold pebble was added, the machine looks back at the last 15 trillion pebbles added by everyone, and pays them for that work too. If a miner could add 100 pebbles per day, and started adding them right now, but a gold pebble was found 2 days after they started, looking at the last 15 trillion pebbles, it would average that they were adding less than 100 pebbles per day because so much of the other pebbles were from others. Over time, as the miner added more pebbles, the portion of the last 15 trillion that were added by them would equal the number they produce per day. This is similar to how the pool works.
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Thanks guys, i have read a ton about the pay structor so i understand how it works. Right now on F2Pool it pays consistent just have nothing to compare.
You only get paid when we find a block. Because the pool is smaller, you will get paid more per block (once you ramp up) than other PPLNS pools. Ramp is a function of how the pool pays - it looks at the shares over the last 5 times the network difficulty. If you started mining today, and you looked back over the last 15 trillion shares, your shares would represent a very small portion of the actual hashrate you have. For best results comparing your payouts here vs. other pools, mine here for at least a month, preferably 3 months to get better sample size.
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i have an idea!!! i will give away my S7 hash rate with two good boards (~3TH) for 7 days to the one that makes me understand what kano san explained in a way that my dumb ass can understand. Based on statistics, a certain hash rate is expected to return a certain value of BTC based on the number of shares it submits. In general, submitting the number of shares equal to the difficulty will result in a block. 3,007,383,866,429 is the current difficulty. Again, based on statistics, the pool would, on average find a block every 3,007,383,866,429 shares. That's the 100% number. In order to prevent pool hopping, and to be more fair, the pool actually pays out over the last 5 times this number of shares (or a little over 15 trillion.) The pool keeps track of every valid share submitted. When we find a block, it looks back over the last 15 trillion or so shares and gives a fractional credit to every person who had one. So it's basically dividing the 12.5 BTC reward and whatever tx fees by 15 trillion, and then assigning each valid share part of that reward. The more valid shares you have, the higher the reward. Because of this math, we are expected to get 5 blocks in 5ND. This means you get 100% of your expected reward. Sometimes, we get blocks in under the 100% share number. Again, whenever we find a block, it looks back at those 5ND shares (15 trillion at 3 trillion diff) and awards those. If we're lucky, that means our shares actually get more than their expected reward. Also sometimes, we have bad luck. That means a share gets less than its expected reward. The important thing to keep in mind is that statistics work over large sizes. One month or two could be outside of this, but then the next month is super good, and then the rest are averages. These numbers will only come to light after hundreds of blocks.
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I just can't see any downside. Ok, except the fact that you don't have a little graphical ticker that is counting up based upon predicted BTC.... Oh but wait, it simply matches the number above, so what real benefit is it?
Some people didn't budget to have their miners go for a run of bad luck, so they're willing to earn less money sooner than more money later on.
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I'm now currently working on cleaning up the drivers for these devices. The code is the usual disaster area I've come to expect from in-house drivers but hopefully by the time you see the code it won't be so bad. Again, I'm only working remotely on them but they're quite different to anything I've worked with before.
I'm convinced they're real based on this. I think the speculation shift for me is now on reliability, customer support, and delivery times.
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ok question as im a total noob last block was found 136h in our pool so now we have a new block to crack are we still on the same block for 136h or can that block be cracked by another mining pool? also since the difficulty level gets higher and higher does this mean older miners like s1/s3 have no chance of cracking a block?
We are not on the same block. When a new block is found on the network, all of our miners start work on that one. As difficulty goes up, the amount of time it'll take for older miners to find a block goes up. They still have chances to find a share that results in a block, but the probability goes down. (Although it'll never be 0, just very close to it.)
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Crack this next block and that's two payments for us.
Kano manually sends the payments, so he might not have coded the transaction yet if he's still moving.
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Block Wednesdays are the best kind of Wednesdays
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Oh ok. That makes sense.
Ok 7% time for another block. Lol Had my chicken for lunch
Don't forget your dance!
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Yep, no worries with a jumper to order some v1 boards here.
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If CK says they're real, seems like there is definitely a miner there.
Will look forward to a Hagsfin review of one.
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Thanks Cobra - and miner 192.168.3.8
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