The 20-30% premium is acceptable when you consider the advantages and additional features MRR brings. That's not a knock on nicehash, which I think is a great service too.
We are not aware of any benefits, besides possible need to submit tickets for refunds when rental not works as expected. But if you really know about some benefits that could improve our service, let us know. When it comes to this 'floor order' - this is currently testing feature and we will decide how to proceed with this depending how customers respond to it. I'm in agreement with Prelude here. There's no reason to artificially create any floor or ceiling for that matter. The market will balance itself appropriately. Of course, you could provide some kind of warning to anyone submitting an order if they are some X% away from expected earnings, but to forcefully limit what can be done is not the way to go. By the way, you asked about benefits that justify the premium on MRR. As a rig owner, I have the ability to remotely manage my gear on MRR. I can setup profiles to quickly move my hash from coin to coin and pool to pool. As a renter on MRR, I can evaluate the available gear and decide whether or not I wish to rent it based on scores, average hash rate, location, etc. I'm not stating that NH/WH is a bad model at all. In fact, I think the concept of orders is pretty easy to understand and use as both a seller and a renter. My intention is simply to highlight some of the advantages I see in MRR and why the service they provide is typically at a premium compared to yours.
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Congrats again! I had just checked the pool for our club's best share and saw it was lower and thought maybe we had hit... Checked the block chain and didn't see that magic 25 so came here to find out who the lucky winner was.
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Happens all the time.
Nothing new. Nothing interesting.
I see you have a sig ad, so I assume you created this post just to boost your post count for the ad campaign. I'll just add you to my ignore list.
I saw it first time and i wanted to learn if anybody know another block like this. So, i don't care what do you think or who are you As DannyHamilton stated, it happens all the time. Usually it's poorly written pool code trying to compensate for itself. AntPool is notorious for creating empty blocks.
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I built 0.9.3 from source code. After running the code (uninstall and clean) I still have bitcoin-cli and bitcoin-qt in my /usr/local/bin/ folder. Should I remove them ? Is there a reason why you installed it system-wide? No particular reason, I'm the only one who access it. I've downloaded the binary, where do I put it if I want to install it in my home directory ? Huh... that's odd... I thought uninstall would have removed those two... anyway... yes, you can wipe them out. As for where to put it, that's completely up to you. You can certainly install it systemwide as you did with 0.9.3. Me, I've got a user called "miner" and install the coin daemon under his home directory /home/miner/bitcoin-0.10.1
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or simply ignore it, like you have done until now
this would be the obvious choice.. why instigate trouble for oneself? like i said- tho thinking and reading and stuff may not be my strongest quality- i dont pay for electricity but maybe i am i dont realize except that i receive no electric bill so hummfph this is tricky one indeed... nonetheless, why should i go ahead and instigate a discussion on power costs? is there some kind of twisted virtue hidden in this, like giving away money before its been asked for? perhaps in some kind of charitable sense, though considering our relative fortunes, i would think the reverse should be more likely.. edit: wow this conversation devolved.. i apologize if i am coming off as aggressive, but i dont really see why so many people are trying to insinuate themselves into my electric situation. i agree the neighbor thing is in a moral gray area, but moving forward i plan to resolve this anyway People ask about this because plugging in a bunch of miners uses quite a bit of electricity. A lot of people claim they have free electricity because it's included in the rent. Just because you as the tenant aren't paying for it, the landlord set up the price of rent to include the electric based upon a fair and expected usage. He probably looked at the historical usage of the property and based his decision on that. When you introduce mining equipment into the picture, you can no longer be considered using a "fair and expected" amount of electricity. You could likely get away with a couple U3s or maybe even a single S3/S5... but you're talking about adding many kW of additional power draw to the system. In addition to your own, you're also scavenging your neighbor's power, making him an unknowing participant in your ventures. Whatever the case, somebody at some point is absolutely going to notice the fact that their power bill has gone up significantly - by 4kW for you and 2kW for your neighbor. Assuming you get decent pricing on your electricity of $0.10 all in, that's $438 a month.
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On Ubuntu I have a folder with many files:
/usr/local/src/bitcoin-0.9.3/...
I think those files have been used to build the binary:
/usr/local/src/bitcoin-0.9.3/src/bitcoind
Question 1: If I upgrade to 0.10.1, can I throw this folder with everything in it ?
In the .tar.gz archive downloaded from the web, I find:
bitcoin-0.10.1/bin/bitcoin-cli bitcoin-0.10.1/bin/bitcoind bitcoin-0.10.1/bin/bitcoin-qt bitcoin-0.10.1/bin/bitcoin-tx bitcoin-0.10.1/bin/test_bitcoin bitcoin-0.10.1/bin/test_bitcoin-qt bitcoin-0.10.1/include/bitcoinconsensus.h bitcoin-0.10.1/lib/libbitcoinconsensus.so -> libbitcoinconsensus.so.0.0.0 bitcoin-0.10.1/lib/libbitcoinconsensus.so.0 -> libbitcoinconsensus.so.0.0.0 bitcoin-0.10.1/lib/libbitcoinconsensus.so.0.0.0
I will replace /usr/local/bin/bitcoind by bitcoin-0.10.1/bin/bitcoind
Question 2: what should I do with all the other files?
If I understand well: bitcoind is the server bitcoin-cli is the client bitcoin-qt is a graphical interface built on bitcoin-cli and we can also use the option -server to use it as a server
Question 3: Is it correct ? What is bitcoin-tx ?
Is there a reason why you installed it system-wide? Just curious... do you have multiple users that might be needing access to it? Personally, I just compile and build it in a non-root user home directory and access it from there... but I'm the only one who needs to access it . If you built 0.9.3 from source: sudo make uninstall sudo make clean
Now, building 0.10.1 from source: ./autogen.sh ./configure sudo make sudo make install
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OK, I will keep the existing blockchain (0.9.3) and upgrade bitcoind to 0.10.1 But I want to run a full node, will the new blocks be added with only the headers or with all transactions?
You get everything. Output from my full node running on Ubuntu 14.04: miner@devildog:~/bitcoin-0.10.1/src$ ./bitcoin-cli getblockcount 355398
miner@devildog:~/bitcoin-0.10.1/src$ ./bitcoin-cli getblockhash 355398 00000000000000000232164c96eaa6bf7cbc3dc61ea055840715b5a81ee8f6be
miner@devildog:~/bitcoin-0.10.1/src$ ./bitcoin-cli getblock 00000000000000000232164c96eaa6bf7cbc3dc61ea055840715b5a81ee8f6be { "hash" : "00000000000000000232164c96eaa6bf7cbc3dc61ea055840715b5a81ee8f6be", "confirmations" : 1, "size" : 539081, "height" : 355398, "version" : 2, "merkleroot" : "346d4b1ac267fb311c371bef86fc051dcc1a37622cc7b9dc5488ec5b30b3235b", "tx" : [ "f69f5593f3101b1266488399844ecf8f03289ee8b85f192cf38060364d1f1931", "31a1d45fa64af4325678716f15a32778d2009cdfb14fbdec6202ede3cee42e98", "73278ffafaf4e8914f0d89f271034077bc17aff06b86035730e00fcc11a2999f", "efa1a15a29756e32d7441f0dcb35895652aaf08d22aaf7a1c242b1f0c03c7436",
...snipped a bunch out...
], "time" : 1431019438, "nonce" : 123860382, "bits" : "181713dd", "difficulty" : 47643398017.80344391, "chainwork" : "00000000000000000000000000000000000000000006b47b99d84d8d47f3dd0b", "previousblockhash" : "000000000000000002761482983864328320badf24d137101fab9a5861a59d30" }
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S3 is hard to beat on used market. For a lot of "low priced" and "free" electricity it's the way to go.
Also the S3 is built like a tank.
I've found the S3 to be flaky as hell. Some will overclock with ease to 504GH/s. Others won't even reach the 441GH/s rated speed and will not stabilize at anything above 400GH/s. My S1s were tanks. Those would easily overclock to 200GH/s and stay stable forever. Of course, once I found the S3 happy place, they all run well within tolerances with pretty low HW errors and just about exactly expected hash for the clock.
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Unfortunately it looks like the 0.9.3 blockchain isn't compatible with the 0.10.1 release. See the following quote: Because release 0.10.0 and later makes use of headers-first synchronization and parallel block download (see further), the block files and databases are not backwards-compatible with pre-0.10 versions of Bitcoin Core or other software:
However, in the 0.10.0 release, initial syncing was sped up a huge amount, so it should take less than 12 hours for your node to sync up again after updating. I updated from 0.9.3 to 0.10.0 and then to 0.10.1 with no problems whatsoever. I didn't have to re-download the blockchain, or anything like that at all. I simply replaced my existing app with the newer version and everything kept right on trucking.
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Hi All,
I'm just curious. Given that the fastest miner is currently contributing 1/5th~ of the total mining power, how come there not averaging 1/5th of the blocks found? I just woundered if it may technically be possible to divert found blocks to ones own wallet directly insted of back to the pool. Assuming you were on the the same block and midstate? Is this something that the pool monitors? I see that you monitor luck, but do you cross check blocks found against miner contribution?
If any of the raw data is avaliable I'd love to see what could be done with it to see if blocks found roughly tally with individual miners total (life time) effort.
Thanks. James.
Are you asking about this in general, or in regards to a specific pool? In general, the number of blocks found is directly related to your hashing power. For example, if you look at AntPool and f2pool, you'll see they are finding the lion's share of the blocks because they are the biggest pools. Sure, a pool can have a lucky streak and find more blocks than it should based on its hash rate. Just like a pool can have a bad luck streak and find fewer blocks than it should.
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is this based on free electricity? becauuse some number seem off
for example you can found s5 for 1.5 btc which give you a roi of 5 months, if diff remain the same
antminer s3(btw what's the difference between s3 and s3+?) remain better though..
S3 came out of the box rated at 441GH/s (clocked at 218.75) for 340W at the wall S3+ came rated at 453GH/s (clocked at 225) for 355W at the wall
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It's been running flawlessly for days now, no indication of the error happening again. Might have been a one time, well two time, thing...
The Force was not strong with you on Star Wars Day, obviously! Try running a disk checker to verify your drive is good (to Soros Shorts' point).
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I'm not sure where you're located, but the question you need to be asking is "can the outlet into which I plug in the surge protector support the kind of power draw I'm asking of it with multiple 1300W PSUs?"
If you're in the US and are using a typical wall plug, the answer is a pretty definitive no.
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Yes you have to have the full blockchain downloaded otherwise you can't mine against the current block.
does anyone have anysugestion preventing osx from adding .rtf after creating bitcoin.conf and saving it Are you using TextEdit to create/edit the file? If yes, that's your problem. TextEdit only has a certain number of formats in which it can save a file... rtf being one of those formats. You can either a) use a different editor or b) rename the file once you've created it.
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Ok, perhaps a little Antminer S3 101 lesson is in order. From what I read, you need to have all four PCI-e connectors hooked up to be able to overclock it, is that not correct? The specs say power consumption is 340W, so I'm guessing that's for running at the normal 441 GH/s and if I want to push it to 500 GH, I'll need a little more, like 400W? I'm looking at this one: http://www.newegg.com/Product/Product.aspx?Item=N82E16817148046 I can get $40 Amazon Prime. It has four PCI-e connectors and 588W on two 12v rails, 276W on one rail and 312 on the other. I could easily get four of those for the cost of a single EVGA 1300 G2 and power all four sufficient to run at 500 GH? No? I'm not a fan of using cheap PSUs and I know nothing of the Apevia brand. Reading the specs, it's not even bronze rated efficiency, so you'll burn a bit more power at the wall to get the output you need. However, since your power is free, that really shouldn't be a concern. Each of the +12V rails has enough juice to drive the S3 - assuming you've got the PCI-e connectors on both rails. I can't tell that from the spec description. If the PCI-e are on a single rail, this PSU won't cut it as the max you'll get from one +12V rail is 312W. As for over-clocking, the S3s are flaky. Some will push to 504GH/s without even blinking an eye. Others won't even make the rated 441GH/s. As I wrote earlier, I've had 9 S3s, 8 of which are still hashing. Two of them couldn't be clocked any higher than 400GH/s without getting "x" or "-" on some of the ASICs. One of them has been hashing at 504GH/s without fail. Another couple hash at 478GH/s. The remainder hash at 441GH/s. I've tried every different frequency setting to get the miners stable where they are. I've tried having all 4 PCI-e connectors plugged in and also only 2. Never noticed any difference in the performance of the miner.
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Sha-256 Contracts have been increased. No Price changes.
If you had a 100 Gh/s contract before, it is now 250 Gh/s. If you had a 1 Th/s contract, it is now 2.5 Th/s.
We are also giving you credit for the time used on your old contract. 60% of the time you have already used in your existing contract will be appended to the expiration date of your contract.
This means if you have had your contract for 30 days already, then 18 more days will be added to the end of your contract to extend it's expiration date.
Thank you very much I am guessing that made a bunch of folks day! Yeah, it was a very nice surprise! Thanks for the boost
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Well, what do I know? I just scored FOUR Antminer S3 units from a reputable seller for $340 to the door. Now the search is on for a PSU. In my noob mind, I am thinking I would like to pick up two power supplies that would be able to power my 4 units to normally operate, then down the road, pick up two more PSUs and overclock the units to 500 GH/s? Am I still heading the right direction or have I gone totally off the rails. Gee, my little data center is looking to power up at nearly 3TH/s by the end of next week! I'm giddy! I am looking at some PSUs and even though they may be rated 750-800A, their 12v output is not. The S3 is 340W so I'm assuming I need 700W on the 12v output of the PSU to comfortably run two of them? Then is it safe to assume that one of those PSUs would run a single S3 for overclocking or would a strategy of finding a PSU, say 576W 12v output and just get one for each from the jump, which will in the long run be cheaper? I hope my questions are making sense. It's getting late and I have to get out of bed in 5hr and go to the gym You might want to take a look at some of the server PSUs with breakout boards... Some for sale here: https://bitcointalk.org/index.php?topic=1037372.0However, if you are going to go the ATX PSU route, I highly recommend the EVGA 1300 G2 PSU. Each will easily drive 3 S3s (I've got 3 of them driving 8 S3s... was 9, but one died and went to BTC heaven). Here's a guy selling some: https://bitcointalk.org/index.php?topic=1048834.0
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OP wouldn't really need the blocknotify event... just the walletnotify. That event happens twice - first time is when the transaction hits your wallet. Second happens when the transaction appears in a block (i.e. it's got the first confirmation and becomes spendable coin).
Well spotted. Also, keep in mind that you want to ensure your script is pretty simplistic as each wallet notify event spawns it's own process. Of course if you're only getting (or expecting) a few transactions a day, that's not a big deal.
I would reckon mining proceeds are not paid that frequently, so efficiency in regards to handling the transactions is not of paramount importance, as the difference would be of an academic nature. I agree, but just wanted to point out that if he's got a boatload of transactions hitting his wallet, each time wallet notify fires off it spawns its own process. As you stated, pretty much an academic point if all he's got coming in are mining proceeds.
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{"hashrate1m": "101T", "hashrate5m": "106T", "hashrate1hr": "90.6T", "hashrate1d": "40.9T", "hashrate7d": "7.49T", "lastupdate": 1430833063, "workers": 2, "bestshare": 1,189,481,517.8733888}
I have to agree commas make it much easier.
{"hashrate1m": "101T", "hashrate5m": "106T", "hashrate1hr": "90.6T", "hashrate1d": "40.9T", "hashrate7d": "7.49T", "lastupdate": 1430833063, "workers": 2, "bestshare": 1189481517.8733888}
Looks like we've gotten a little bit better... "bestshare": 1,397,985,393.4723492 Still got some work to do
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No, you're not going too far at all . I still shiver at the "free electricity" part... somebody's got to pay the bill for it, and if you're suddenly increasing the demand by 100kW it'll be noticed. Unless of course by "free" you simply meant, "power costs are pretty much negligible at $0.01 or less per kWh." While the S3s are good little miners, I wouldn't be considering them for the space you've got. I think you'll be far better served by the rack mountable units (S2, S4, S4+, SP10, SP30, SP31, SP35). I'm assuming here that since you've got the 120U of space, you've already got the cabinets, switches, PDUs, cooling, etc and would just need the mining hardware. That puts you in a great position (and to be honest makes me a bit envious ). Your other consideration would be where you'd point all the gear. Pools like nicehash, westhash, f2pool, etc are all PPS with 3-4% fees. The upside of mining on this type of pool is you know what you're getting for returns. For example, nicehash charges 3%, so plug your hash rate into any online calculator (like this one) and take 97% of what it tells you you'll make. Other pools, like kano.is, BTCGuild, p2pool, AntPool use PPLNS to pay you. They have a ramp up/down period but things even out. These pools are susceptible to luck swings. Find a few quick blocks, make a few extra BTC. Take a long time to find a block? Make a few less BTC. For example, AntPool's all time luck is 101%. Another option is to rent out your gear. Services like Mining Rig Rentals (that's a referral link, by the way... you don't have to use it), Nice Hash, etc allow you to offer your mining equipment out to others. As you can tell from the fact that I put in a referral link, I use MRR. I also use NH/WH but don't have referrals setup with them. The idea with these services is that you point your miners to them, and setup a price you'd be willing to rent your gear. This way your gear hashes at a pool for you until somebody rents it, then you get paid for the rental.
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