It's like he just jumped right in the boat without even bothering to put up a fight. Too bad his response offered up absolutely nothing of value. I really do wish someone who's been mining on BAN would come and share their experience and payouts so we can see just how they actually do.
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JUST to correct some fud in this post and the poster should of picked up on it when they posted the other thread and a few other pools EDIT: semaster has updated his comparison thread of p2pool vs Eligius vs BTCGuild. The thread is located here: https://bitcointalk.org/index.php?topic=416933.0. According to his tests, p2pool is in the lead paying: p2pool - BTC16.9718 VS btcguild (PPLNS) - BTC16.0933 VS Eligius BTC15.8041 Using his 6 S1s @ 1080GH/s total, expected earnings for that timeframe (2/1 - 10/30) are: 18.0886BTC. So, none of his tested pools have met expectations. However, p2Pool still wins here at 93.83% of expectations. JUST A CORRECTION TO THE ABOVE STATEMENT BAN IN FACT THE HIGHER PAYING POOL..... now to explain it lol take that eligius number that is a PPS pool like BAN but the difference is BAN is paying a bonus 10 percent on top of the normal 100 percent paying PPS now factor that in to the eligius numbers 10 percent of a not 100 percent paying PPS pool (due to the share shelving that eligus does) is 15.8041 x 0.1 = 1.58041 So when you add that 10 percent extra in BAN has paid out 17.38451 so cough cough you want to correct your statement re p2 and ban.... AS it in fact it the other way around... AS BAN ALSO DOES NOT SHELF SHARES AS eligus does so that gap even higher when you factor in the shelf shares that eligus does SOME simple math of the eligius PPS numbers show quite clear what the BAN payout would of been for the same time frame Smiley PS they also merge mine now so that gap is further when the merge mining factored in again a PPS payout Smiley Also something else that caught my eye is this part of the pool test results here So, none of his tested pools have met expectations. However, p2Pool still wins here at 93.83% of expectations. You can add another 6 percent to the number above of 17.38451 as BAN is paying out at 100 percent of a expected rigs earn day in and out before the 10 percent bonus is factored in a simple 24 hour test would show this clear as days that the BAN PPS is basically right on the money with a rig expected earn via the stats on the homepage and what any bitcoin calculator splits out as the expected earn -/+ 1-2 percent to allow for a avg hash ... <<<< this comes back to the Eligius mod PPS system not paying a true 100 percent PPS due to the share shelving on their PPS so you would have to also look at the percent difference there as well of what the expected earn would of been on the rigs in question and also add that difference in to make up for the difference in the 2 different pps payouts .... so that 6 percent could well be 10-15 percent have not sit there and done the numbers to find how much more BAN is paying vs eligius on the PPS front with out factoring in the bonus NOW to the second lot of fud here Smiley Miners and dates, with hash rate and expected earnings 7/20 - 7/30, 2xS1 @ 400GH/s. Expected: 0.1121BTC 7/20 - 11/26 1xS3 @ 440GH/s. Expected: 1.0367BTC 7/20 - 11/26 1xS3 @ 420GH/s. Expected: 0.9896BTC 7/20 - 8/1 1xSP10 @ 1.35TH/s. Expected: 0.4509BTC 8/1 - 11/26 3xS3 @ 1.32TH/s. Expected: 2.6692BTC 8/9 - 11/26 3xS3 @ 1.32TH/s. Expected: 2.3875BTC Expected total earnings from mining: 7.646BTC Actual mined BTC: 8.61186032BTC Difference: 0.96586032BTC P2Pool has beaten expectations for the time period that BAN has been in existence by 12.6%. In other words, p2pool has paid 112.63% of expected earnings. YOU MAY WANT TO SIT THERE AND ALSO FACTOR IN THE 10 percent bonus on the expected total earnings from mining: 7.646BTC THAT BAN PAYS which brings BAN UP TO 8.4106 btc and then factor in the NMC blocks they have hit in this time Smiley YOU will more than likely find ban even out does P2 pool in this set of numbers as well Smiley or comes very close... it NOT 12.6 percent as claimed above as the poster forgot to factor in the bonus payments on top of the PPS and the nmc blocks.... It more likely they are on par or BAN has it nose in front just earning wise on this second set of data.... As I replied in my thread, there is no FUD. Do you even know what that means, by the way? Well, that's a bit off topic, so let's get back on track. First, Eligius and their payout system has nothing to do with anything regarding p2pool, or the proof I've provided. Second, I never claimed p2pool beat BAN by 12.6% as you erroneously wrote. I stated that p2pool paid 112.63% of expectations vs BAN's claims of 110% of expectations over the lifetime of BAN. That's 2.63%. I also provided proof and stated that during the explicit test timeframe of 10/20 - 10/27 mentioned in the OP p2pool paid 174.86% of expectations, which against BAN's 110% is a 64.86% difference in favor of p2pool. Finally, I didn't include any merged coins because I wanted to do a strict BTC to BTC comparison. If you insist on including those coins, then know that I will also include IXC, I0C, DVC, FSC, HUC because those are all merge mined by p2pool. P2Pool also includes the ability to donate to miners, which I could also include since I received donations during this timeframe. All of this would only serve to increase my numbers, yet I did not include them.
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Let's pick apart your completely nonsensical reply. JUST A CORRECTION TO THE ABOVE STATEMENT BAN IN FACT THE HIGHER PAYING POOL.....
now to explain it lol
Sure would have been nice if you actually bothered explaining the completely false statement you just made. But instead, you lead off with some rambling BS about Eligius. What does Eligius have to do with anything here? The answer is nothing. Let's move on. take that eligius number that is a PPS pool like BAN but the difference is BAN is paying a bounus 10 percent on top of the normal 100 percent paying PPS now factor that in to the eligius numbers 10 percent of a not 100 percent paying PPS pool (due to the share shelving that eligus does) is 15.8041 x 0.1 = 1.58041 So when you add that 10 percent extra in BAN has paid out 17.38451 so cough cough you want to correct your statement re p2 and ban.... AS it in fact it the other way around... AS BAN ALSO DOES NOT SHELF SHARES AS eligus does so that gap even higher when you factor in the shelf shares that eligus does SOME simple math of the eligius PPS numbers show quite clear what the BAN payout would of been for the same time frame ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) PS they also merge mine now so that gap is further when the merge mining factored in again a PPS payout ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Oh look... you make ridiculous claims about the Eligius payout system, how BAN would have done better and your conclusion is that I need to revise my statement on p2pool. You offer no proof of any of your claims, which I guess I can understand since the claims themselves have absolutely no basis in reality. Also something else that caught my eye is this part of the pool test results here So, none of his tested pools have met expectations. However, p2Pool still wins here at 93.83% of expectations. You can add another 6 percent to the number above of 17.38451 as BAN is paying out at 100 percent of a expected rigs earn day in and out before the 10 perecnt bonus is factored in a simple 24 hour test would show this clear as days that the BAN PPS is basically right on the money with a rig expected earn via the stats on the homepage and what any bitcoin calculator splits out as the expected earn -/+ 1-2 percent to allow for a avg hash ... <<<< this comes back to the Eligius mod PPS system not paying a true 100 percent PPS due to the share shelving on their PPS so you would have to also look at the percent difference there as well of what the expected earn would of been on the rigs in question and also add that difference in to make up for the difference in the 2 different pps payouts .... so that 6 percent could well be 10-15 percent have not sit there and done the numbers to find how much more BAN is paying vs eligius on the PPS front with out factoring in the bounus
You're still on Eligius and trying to convince everyone that BAN is going to beat it by 10-15% but offer absolutely no proof. Good luck. NOW to the second lot of fud here ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Miners and dates, with hash rate and expected earnings 7/20 - 7/30, 2xS1 @ 400GH/s. Expected: 0.1121BTC 7/20 - 11/26 1xS3 @ 440GH/s. Expected: 1.0367BTC 7/20 - 11/26 1xS3 @ 420GH/s. Expected: 0.9896BTC 7/20 - 8/1 1xSP10 @ 1.35TH/s. Expected: 0.4509BTC 8/1 - 11/26 3xS3 @ 1.32TH/s. Expected: 2.6692BTC 8/9 - 11/26 3xS3 @ 1.32TH/s. Expected: 2.3875BTC Expected total earnings from mining: 7.646BTC Actual mined BTC: 8.61186032BTC Difference: 0.96586032BTC No FUD here, just solid numbers that can be verified from the addresses I provided. What's that? Oh yeah, it's called proof. Something you have completely neglected to provide. P2Pool has beaten expectations for the time period that BAN has been in existence by 12.6%. In other words, p2pool has paid 112.63% of expected earnings. YOU MAY WANT TO SIT THERE AND ALSO FACTOR IN THE 10 percent bonus on the expected total earnings from mining: 7.646BTC THAT BAN PAYS which brings BAN UP TO 8.4106 btc and then factor in the NMC blocks they have hit in this time Um... 12.63% beats 10% every time. Not sure how you're convincing yourself otherwise. NMC? That's not included, but if you want to, I will. I merge mine not only NMC, but also DVC, IXC, I0C, FSC. Oh, p2pool also has a donation mechanism, whereby anyone can donate as much BTC as they want. Should I also include that into this? If we do, then my numbers only go up, since during the timeframe of the experiment, I mined blocks of all of the merged coins and received donations. YOU will more than likely find ban even out does P2 pool in this set of numbers as well ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) or comes very close... it NOT 12.6 percent as claimed above as the poster forgot to factor in the bonus payments on top of the PPS and the nmc blocks.... It more likely they are on par or BAN has it nose in front just earning wise on this second set of data.... I didn't forget anything, and I never claimed p2pool beat BAN by 12.6%. I clearly laid out what was mined on p2pool during specific timeframes. The first was during the entirety of BAN's existence and the result was that p2pool paid 112.63% of expectations, which does in fact beat BAN's 110% of expectations - meaning p2pool beats BAN by 2.63%. The second timeframe, which you completely ignored in your reply, p2pool paid 174.86% of expected earnings - meaning p2pool beat BAN by 64.86%. I even showed numbers from a long running experiment in which p2pool has from February 1 until now beaten two highly recognized pools. So, in conclusion, p2pool has beaten BAN's payouts for the entirety of BAN's existence. I have provided absolutely irrefutable proof of my argument. I invite anyone who has been mining on BAN for the same timeframes to please join this thread to show your numbers so we can all see a true and honest comparison between the pools.
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The purpose of this thread is not to have a pissing contest between fans of p2pool and fans of BAN. Rather, this thread is here to provide actual proof of numbers. I have provided such, and conclusively shown that p2pool has beaten BAN's 110% payout for the entirety of BAN's existence as a pool. I have also shown that p2pool decisively beat BAN during their own published test period - by nearly 65%.
Am I saying everyone should be mining on p2pool? No, I'm not. I'm also not stating that everyone should mine on BAN. The choice is completely up to you. All I've done here is to provide a p2pool to BAN comparison to help educate miners. It is a comparison that refutes and disproves BAN's claims that they are the highest paying pool around. This doesn't mean you shouldn't choose their pool. In fact, I encourage every miner to make an educated and informed decision about where to point their miners. Look at the numbers. Look at the advantages/disadvantages of the choices available to you. Make your decision based on factual data.
I've posted factual data here and backed up my claims with evidence that can clearly be checked and verified. I invite any BAN member to join me and provide the same.
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As some of you know, I have been a staunch supporter of p2pool and have posted quite a few times regarding its advantages. There used to be a great thread comparing p2pool to Eligius and BTCGuild. Unfortunately, that thread has not been updated since August. Recently, however, BAN has claimed they are the best paying pool, bar none. Well, here's the proof that they are not. Just for fun, I checked everything from the time BAN opened its doors (I used the announcement on BAN's website of 7/20/2014 as the start date) and compared that to my mining on p2pool for the same timeframe: 7/20/2014 until 11/26/2014. I used http://retrocalc.net to figure out the expected earnings during this timeframe for my hash rate. During this time, I have had S1s, SP10 and S3s mining. I sold the S1s and the SP10 and the dates and data reflect them hashing until I unplugged them and shipped them out. Here are the results: Miners and dates, with hash rate and expected earnings7/20 - 7/30, 2xS1 @ 400GH/s. Expected: 0.1121 BTC7/20 - 11/26 1xS3 @ 440GH/s. Expected: 1.0367 BTC7/20 - 11/26 1xS3 @ 420GH/s. Expected: 0.9896 BTC7/20 - 8/1 1xSP10 @ 1.35TH/s. Expected: 0.4509 BTC8/1 - 11/26 3xS3 @ 1.32TH/s. Expected: 2.6692 BTC8/9 - 11/26 3xS3 @ 1.32TH/s. Expected: 2.3875 BTCExpected total earnings from mining: 7.646 BTCActual mined BTC: 8.61186032 BTCDifference: 0.96586032 BTCP2Pool has beaten expectations for the time period that BAN has been in existence by 12.6%. In other words, p2pool has paid 112.63% of expected earnings.Feel free to check the data. Here are the addresses to which I've mined: 1DeVLDoGvkbbB5n3dPvbpDbwiKGjYckCy9 1H2uK38p6XEpiqPkECVNpC3CSTWxVwPGBS 1FEztNFHXvx7pCDSVy4xJ9JGxFGFSDKNXg 1BST6cuZ2ZhpsFaq3eY1xwFKzEDLfAWgqF 1DLcDRVncY7Zasd91oBw12XrQfLPohtNZP 1FWTtUBVk9XdkrfWkvS3uBN6CRkGgaMrQv You can validate this against the blockchain, as well as see the payouts by going to http://minefast.coincadence.com/miner.php and plugging each of those addresses. Therefore, in the BAN thread here: https://bitcointalk.org/index.php?topic=854368.0, the rankings should put p2pool as the number 1 paying pool. By the way, I checked out the test as linked in that thread. Nowhere does that test give actual proof of wallet addresses that can be verified as I have. If I use the exact dates as that test, here are the numbers: 10/20 - 10/27 8xS3 @ 440GH/s. Expected: 0.3485 BTC. Actual: 0.60947698 BTC. Difference of 0.26097698 BTC. During the tested timeframe, p2pool beat expectations by 74.86%. You're reading that right. During the timeframe from 10/20 - 10/27, p2pool paid 174.86% of expected earnings, which absolutely destroys any other of the tested pools. Once again, please feel free to validate my data. I mined to 1DeVLDoGvkbbB5n3dPvbpDbwiKGjYckCy9, and the payouts can be easily verified. So, in conclusion, p2pool has consistently beaten expectations and has beaten BAN's payouts, not only for the period they tested, but for the entirety of BAN's existence. EDIT: semaster has updated his comparison thread of p2pool vs Eligius vs BTCGuild. The thread is located here: https://bitcointalk.org/index.php?topic=416933.0. According to his tests, p2pool is in the lead paying: p2pool - BTC16.9718 VS btcguild (PPLNS) - BTC16.0933 VS Eligius BTC15.8041 Using his 6 S1s @ 1080GH/s total, expected earnings for that timeframe (2/1 - 10/30) are: 18.0886 BTC. So, none of his tested pools have met expectations. However, p2Pool still wins here at 93.83% of expectations.
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Do you know if we can apply existing coupons against the discounted hardware?
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Usually you set them up as primary, secondary and tertiary. If the primary fails, your rig will mine on the secondary... and so on. What rig do you have?
Some rigs will allow you to set the policy as load balanced, which means you could equally distribute 333GH/s to each of the three pools.
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An "On" button? Um... the only switch would be on your PSU. You sure you have a proper PSU to power the SP20? You sure the PSU actually works? You sure you plugged in the 4 PCI-e connectors properly?
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Since it wasn't mentioned in the original post, I'd like to post the numbers for p2pool, and to quite effectively put fire000's ravings out to pasture - especially his claims that p2pool's payment system is flawed/broken/whatever. Months ago he brought those same claims to the p2pool thread. I'd like to post actual numbers here. From 8/9 until today I have had 8 Antminer S3s mining on p2pool. I mine on my own node. I've actually been mining on p2pool since April; however, during that time I have had multiple different hash rates from numerous different miners (S1s, S2, SP10, S3s) and have tried out numerous different pools like Eligius, BTCGuild, GHash.io, etc. The only reason I chose to start this report on 8/9 was because from that day until today I've had only the 8 S3s running, and they have only been mining on p2pool. I used http://www.retrocalc.net to calculate what the expected earnings of 3.52TH/s are from 8/9 until 11/24. The expected mined amount during that timeframe is 6.2788 BTC for that hashing rate. From p2pool, I have mined 7.26466827 BTC. P2Pool has paid me 0.98586827BTC above expectations, in other words, 115.70% of expected payout.Is there anyone that has been mining on BAN with this same hash rate for this timeframe who can post their numbers? I'd like to see an actual, fair and honest comparison. There used to be a great thread comparing Eligius, BTCGuild and p2pool here: https://bitcointalk.org/index.php?topic=416933.0. Unfortunately, that thread hasn't been updated in quite some time. Thanks. PS - I also merge mine NMC, DVC, IXC, I0C and FSC on my node. All proceeds from those coins I have earned have been donated back to the p2pool community by me, and are not included in my earnings above. The above numbers are strictly mined BTC on p2pool. LMAO numbers where posted to back up the above claim even the BTC aaddress and the nodes etc that were used for the test... If you care to trace back the data it shows clear as days the P2pool paying at less than 50 percent of the rigs expected earn for the test period ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) So try again PS I do not see any data to back this claim of yours so once again " I am yet to see ANY ONE in this whole thread shot down sorbs and ban claim in the heading or the opening post[/b] I have dropped a traceable data source eg in the early posts in this thread to back the above statement re it paying at less the 50 percent ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) SO taps and waits to see some real data not numbers pulled out of my ass as you have done above dropping numbers but no data that can be followed back to blocks etc... I also notice the p2 trolls have gone very quite since the traceable data was dropped that alone says enough in it self Traceable data? Here's the wallet address I've mined to: 1DeVLDoGvkbbB5n3dPvbpDbwiKGjYckCy9 Feel free to check it out. You can look at the payout history here: http://minefast.coincadence.com/miner.php?id=1DeVLDoGvkbbB5n3dPvbpDbwiKGjYckCy9&blockoffset=0That's about as clear as it can be. You have posted a set of specific dates where the luck proved to be bad. That's the nature of luck. It can be good OR bad. I have posted 3.5 months of data and payouts clearly showing p2pool has not only met, but beaten, expectations. EDIT: you'll notice that nowhere in my post have I bashed BAN, or made any comment about any of s0br's claims. I have specifically stated that p2pool was left out of the comparison in the original post, and have corrected your false statements that p2pool's payout system is somehow flawed. I did ask for somebody who has mined on BAN with a comparable hash rate to mine to please step forward and provide their numbers so we can see a head-to-head comparison between the pools. EDIT 2: Just for fun, I checked everything from the time BAN opened its doors (I used the announcement on BAN's website of 7/20/2014 as the start date) and compared that to my mining on p2pool for the same timeframe: 7/20/2014 until 11/26/2014. As before, I used http://retrocalc.net to figure out the expected earnings during this timeframe for my hash rate. During this time, I have had S1s, SP10 and S3s mining. I sold the S1s and the SP10 and the dates and data reflect them hashing until I unplugged them and shipped them out. Here are the results: Miners and dates, with hash rate and expected earnings7/20 - 7/30, 2xS1 @ 400GH/s. Expected: 0.1121 BTC7/20 - 11/26 1xS3 @ 440GH/s. Expected: 1.0367 BTC7/20 - 11/26 1xS3 @ 420GH/s. Expected: 0.9896 BTC7/20 - 8/1 1xSP10 @ 1.35TH/s. Expected: 0.4509 BTC8/1 - 11/26 3xS3 @ 1.32TH/s. Expected: 2.6692 BTC8/9 - 11/26 3xS3 @ 1.32TH/s. Expected: 2.3875 BTCExpected total earnings from mining: 7.646BTCActual mined BTC: 8.61186032 BTCDifference: 0.96586032 BTCP2Pool has beaten expectations for the time period that BAN has been in existence by 12.6%. In other words, p2pool has paid 112.63% of expected earnings.Feel free to check the data. Here are the addresses to which I've mined: 1DeVLDoGvkbbB5n3dPvbpDbwiKGjYckCy9 1H2uK38p6XEpiqPkECVNpC3CSTWxVwPGBS 1FEztNFHXvx7pCDSVy4xJ9JGxFGFSDKNXg 1BST6cuZ2ZhpsFaq3eY1xwFKzEDLfAWgqF 1DLcDRVncY7Zasd91oBw12XrQfLPohtNZP 1FWTtUBVk9XdkrfWkvS3uBN6CRkGgaMrQv You can validate this against the blockchain, as well as see the payouts by going to http://minefast.coincadence.com/miner.php and plugging each of those addresses. Therefore, in the OP, the rankings should put p2pool as the number 1 paying pool. By the way, I checked out the test as linked in the OP. Nowhere does that test give actual proof of wallet addresses that can be verified as I have. If I use the exact dates as that test, here are the numbers: 10/20 - 10/27 8xS3 @ 440GH/s. Expected: 0.3485 BTC. Actual: 0.60947698 BTC. Difference of 0.26097698 BTC. During the tested timeframe, p2pool beat expectations by 74.86%. You're reading that right. During the timeframe from 10/20 - 10/27, p2pool paid 174.86% of expected earnings, which absolutely destroys any other of the tested pools. Once again, please feel free to validate my data. During that time, I mined to 1DeVLDoGvkbbB5n3dPvbpDbwiKGjYckCy9. So, in conclusion, p2pool has consistently beaten expectations and has beaten BAN's payouts.
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Since it wasn't mentioned in the original post, I'd like to post the numbers for p2pool, and to quite effectively put fire000's ravings out to pasture - especially his claims that p2pool's payment system is flawed/broken/whatever. Months ago he brought those same claims to the p2pool thread. I'd like to post actual numbers here. From 8/9 until today I have had 8 Antminer S3s mining on p2pool. I mine on my own node. I've actually been mining on p2pool since April; however, during that time I have had multiple different hash rates from numerous different miners (S1s, S2, SP10, S3s) and have tried out numerous different pools like Eligius, BTCGuild, GHash.io, etc. The only reason I chose to start this report on 8/9 was because from that day until today I've had only the 8 S3s running, and they have only been mining on p2pool. I used http://www.retrocalc.net to calculate what the expected earnings of 3.52TH/s are from 8/9 until 11/24. The expected mined amount during that timeframe is 6.2788 BTC for that hashing rate. From p2pool, I have mined 7.26466827 BTC. P2Pool has paid me 0.98586827BTC above expectations, in other words, 115.70% of expected payout.Is there anyone that has been mining on BAN with this same hash rate for this timeframe who can post their numbers? I'd like to see an actual, fair and honest comparison. There used to be a great thread comparing Eligius, BTCGuild and p2pool here: https://bitcointalk.org/index.php?topic=416933.0. Unfortunately, that thread hasn't been updated in quite some time. Thanks. PS - I also merge mine NMC, DVC, IXC, I0C and FSC on my node. All proceeds from those coins I have earned have been donated back to the p2pool community by me, and are not included in my earnings above. The above numbers are strictly mined BTC on p2pool.
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Great writeup Phil. Having owned an SP10, and dealing with the ear-piercing scream it put out, how do the fans on the SP20 compare in pitch to those fans? I don't mind something a little loud as long as it isn't that awful screeching whine. Don't suppose you could grab a quick audio clip of the fans at a few different speeds and post it could you?
They are just as loud, but personally speaking the pitch on the fans is much more tolerable than the SP10. Thanks Bob. Like I wrote, loud is OK as long as it's not screeching. The miners are in the basement. With the SP10, I could hear that thing throughout the house, even with the fans on their lowest settings. I had an S2 and couldn't hear it. I've currently got 8 S3s and can't hear them either. You'll hear the SP20 https://www.youtube.com/watch?v=hdkCxfn6W0cDon't get me wrong, I think its one of the best miners out there and I'm probably going to get another one soon, but don't think that its quiet like an S3 or a Jupiter. What level was the fan in that video, 80%? Definitely not anywhere near what the SP10 was. Loud, but low-pitched enough that I wouldn't hear it from the basement. Thanks for sharing that video Biffa!
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Great writeup Phil. Having owned an SP10, and dealing with the ear-piercing scream it put out, how do the fans on the SP20 compare in pitch to those fans? I don't mind something a little loud as long as it isn't that awful screeching whine. Don't suppose you could grab a quick audio clip of the fans at a few different speeds and post it could you?
They are just as loud, but personally speaking the pitch on the fans is much more tolerable than the SP10. Thanks Bob. Like I wrote, loud is OK as long as it's not screeching. The miners are in the basement. With the SP10, I could hear that thing throughout the house, even with the fans on their lowest settings. I had an S2 and couldn't hear it. I've currently got 8 S3s and can't hear them either.
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Great writeup Phil. Having owned an SP10, and dealing with the ear-piercing scream it put out, how do the fans on the SP20 compare in pitch to those fans? I don't mind something a little loud as long as it isn't that awful screeching whine. Don't suppose you could grab a quick audio clip of the fans at a few different speeds and post it could you?
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I'm curious to know how you are planning to do the merged-mining payouts. Did you write some code to handle it, or are you just going to manually dispense the BTC to miners?
Just manual like you do for now. I'll probably write a python script at some point but I am doing a LAN refresh right now @ work and my days are spent staging and deploying switches =/ super boring Staging and deploying switches... how do you handle so much excitement? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I keep telling myself that I'm going to write something to handle merged mining payouts, but I never find the time to get it done. I've only ever found 2 blocks of NMC on my node - one back in April when I found the block of BTC and another a few days ago. I manually exchanged the coins on cryptsy for BTC, then sent the donation to all p2pool miners via the "patron sendmany" functionality. I actually used hunter bunter's script on his site to do it ( http://blisterpool.com/p2pdonate). Since I'm the only miner on my node, seemed a bit silly to donate only to myself ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . By the way, all IXC have been generated, so at this point you're only mining to support the transactions and don't get any newly minted coins when you find a block. DVC are practically worthless - about 8 satoshi per DVC. The block of 5000 will only get you about 0.0004 BTC. The NMC get you a bit better price - about 0.0024 BTC per coin, so the block of 50 will get you about 0.12 BTC.
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I'm curious to know how you are planning to do the merged-mining payouts. Did you write some code to handle it, or are you just going to manually dispense the BTC to miners?
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A used SP10 for $1000 is not a good investment. Bitmain S3s are $200 each for 450GHs (plus shipping). And they're much quieter although you will need to get a PSU or two. SP10s sound like a jet engine and are not suitable for mining in a normal residence.
And how long will it be before your landlord starts complaining about your excessive electrical usage? Believe me, they monitor these things closely.
How much electricity costs on average (per day) would a, say 1.4THs miner generate? Im pretty much clueless in that regard. I do think it would go unnoticed however (I live in a student apartment with a couple roommates) As per sound, yeah, I wouldn't want a jet engine, but noise in itself is ok. Basically, I want to get into mining, But only if it will actually be worth it. $ wise (not taking into account possible drops in btc price) Your electricity costs depend on the efficiency of the chips in the miner. The SP10 on standard US 120V power can get you about 1.4TH/s by overriding the default power limits. It will use about 1250W to do so. The SP20 will get you 1.7TH/s and costs $795 USD. You will need to supply a good efficient PSU (I recommend the EVGA 1300 G2) to power it - another $150 - $200 USD or so. It uses 1150W. So, if your electricity costs you $0.10 per kWh, then your power costs would be 1.15 * 24 * 0.10 = $2.76 per day, or $83.95 a month. You might get away unnoticed by your landlord. As of right now, that 1.7TH/s will expect to mine about 0.02121 BTC per day. You could also go with the Antminer S4. 2TH/s for $1200 USD. There are a ton of $400 off coupons floating around that expire the end of this month, and it has a PSU included. Uses about 1400W. Same formula as above, power would cost 1.4 * 24 * 0.10 = $3.36 a day or $102.20 a month. Expect to mine 0.02496 BTC a day right now. As has been mentioned, when difficulty changes, so do your expected earnings. Even though the S4 uses more electricity, the extra 300GH/s it offers would make up the cost difference and then some - at $375 per BTC, as of right now, you'd make about $280 a month with it, vs $240 a month with the SP20. So... forget the SP10 and consider the SP20 or the S4.
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Looks like p2pool miners just gout the first donation we have received in a while ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You're welcome. I sent the donation - hit a block of NMC/DVC, converted to BTC and donated to everyone.
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How does giving a chip more work not create more heat? Even if all the heat is from running idle at clock speed, I could see a custom scenario where you could send api calls to the miners to adjust their clock based on whether they're getting real or fake work. What percentage of work is real versus fake?
You aren't giving the chip more work. The miner solves difficulty 1 shares. The miner has no idea whatsoever if the work is "real" or "fake". It just knows it has work to do. I'm not going to pretend to have the best understanding of this so, please correct me if I'm wrong, but, I thought you had to give the mining hardware a chunk of work for it to process anything. Are you saying that if I have a completely unconfigured miner it will be making up it's own work and trying to solve it? I can see that the hashing chips wouldn't know the difference but, if my local p2pool node knows the difference, it could also know to tell the mining hardware to speed up or speed down. You do give the hardware a chunk of work to process. Basically you say, "create a block from this set of data". If you have a 1TH/s miner, the miner will apply one trillion hashes per second to that data set. If your miners aren't configured to any pool, or coin daemon, they sit idle since they have no work to do. The mining software and the pool determine which of those results to actually submit.
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- HUC - I don't merge mine these as the client is a resource hog. Anyone currently mining them?
I mine them. domob has made some excellent improvements on HUC lately, some kind of "pruning" in the code has made it much less of a resource hog - it's now one of the best performing coin daemons I have running, bitcoind being the worst.... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Oh yeah? I might have to give them a try again, then. They worth anything on the exchanges?
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