For best performance I have heard under 60 is best which is what yours seems to be running around. I wouldn't be worrying too much with those figures.
Well. This is a good new! Thanks. As it says on the subject, which is the max temperature recommendable for an AntMiner S5?
I have 16 AntMiner S5 works 24 hrs/ 7 days. The max temperature registered has been 66 Celcius in two miners (often the hotter), is it bad? Rest of the day is about 57-62 Celcius and the night is about 57-59 Celcius.
Well, 70. More than that can somewhat shorten the life of the S5, which is probably plenty long anyways, the risk is more burning something off. Under 60 is recommended for longer life time, under 70 for best stability. If you want to get the temp down and the noise down, i recommend you use a box fan to blow air through it, through the fins too. My S5 is currently at 48C with fan at 35% with ambient temp at 18c. So +20c and its pretty quiet. Yes, and now that you said it, do you know how much is the lifetime of the S5 exactly? I can't put me in risk because in my country is very hard find parts. I've considered it but is an expensive idea. Really, the noise I don't care. For example, here's a screenshot, sometimes 2-4 miners up to 65C, and 1 miner up to 66C. No more.  Still consider it is good? I like to keep mine under 60c but its not bad per say. I just like to keep air blowing sideway because certain component will be much hotter than 60c when it read 60c. And AntminerS5 have been around for a while and typically unit that have lasted for a while should last quite a while longer. For instance i have S1's which are still stable and they have a lot of use by now. |
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I don't like taking in money on things I can't deliver immediately or awful close to it. But sometimes it's necessary to get enough cash in hand to buy parts for a full batch.
It's all about trust IMO. Since we all know you can deliver a quality product in time, it's not a problem for me. If it was 6 month pre-order that would different. 2 weeks it's no big deal, if the trust is there. We all know that the money will be in good hands and is needed for the good of the project. I think so too, but its a bit of an awkward time since a few companies are starting a competition that can devolve in another price war pretty quick. We know Bitmain is quick to respond to those, though they will probably ignore Bitfury and SP if they keep off the small miner and try to just attack them with batch orders while leaving the individual unit expensive. If either start making offering to the small miner, i think they'll fight it out again. What i mean is IF SP sell a batch of chips that let sidehack make a 500gh pod for 1BTC and meanwhile for example bitfury release a 250gh pod for 0.25BTC in response to SP or Bitmain's whatever, then sidehack will be left with tons of hardware that now costed twice more what they're worth currently. Anyways that's the reason why I would be worried about starting to take money ahead of time. Not a matter of capability, just the reality of the ASIC market is also volatile. |
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I had excluded some of your posts. I didn't expect that. If my post quality ever get too low, please tell me so i can permanently rectify it. But considering your reply the last time i'm guessing that is not the issue with my payout?; I did not receive my payment at all this morning, perhaps the bot is running late? Is anyone else have their payout delayed today?  I'm surprised no one replied to this yet, am i the only user affected? Since a partial payout last week, my post limit (100) did not update and now this week i simply did not receive my payout and the bot is stuck in the past;  I just checked the bot again and suddenly i got my payout. I didn't get the 0.014 BTC missing from last week, but i got got 110 posts paid for a 10 day run, so a fair portion of what i posted over 10 days. Thanks for keeping this campaign going! The posts that were not paid should (if they haven't already) be paid soon! Not in a big rush to receive the missing 0.014BTC, but would be good to have at some point ^_^" |
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Woops, i hadn't even noticed from the previous posts that my stick was down. I replugged my ethernet cable last night because it was in the way, didn't realize craptastic W8 wouldn't reset the adapter and reconnect. Lost 10$ from GPU mining as well. Poo. Well anyways, now its back online and i upped the freq a bit. The hard part to is I get around 8gh when I run normal. Once I run OC i will get around 16gh(some have shown 20 I have not gotten that high yet but it's possible). So you can get 2x as much from running hot. I think that is still fair as it's a compac.
It would be easy for someone to game the system. But if we suspect anyone of doing it we can easily ask for picture of sticks. Hopefully no one will do it as it would ruin their rep. Also I am hoping this club is a long term thing. Chances of hitting a block are slim so hopefully we get to know everyone within the club as I hope it turns into a social aspect.
That would be nice, we could have a sub thread with a list of users with proof picture, maybe, i guess its not important to think about it for now. The club could get pretty big if most users that get a stick decide to join, since i think the total amount of sticks will be 1000~? But i expect it to stay relatively small since i doubt that many user know or wish to keep track of this now instead of just do the lottery on their own with no one to answer to. I get the idea but in reality the more hash the better. Keep in mind the way its setup each user shares the bitcoin evenly. So the one person that has 8ghs would make the same as the ones that have more. Ah yes. In the previous post, we were talking about 1 stick = 1 share, hence me bringing up some kind of verification. I mentioned having a underclock S1 and pretending its 20 sticks. Would not be cool. I think it should be based on GH of stick miners. 1 stick = 1 share would not reward those who run theirs hot. If someone runs at 8 GH and other runs at 16 GH that should be worth more. Again it's just my 2 cent's. But after 30 day's have it be compacs and the GH you have out of them be your shares. yes but if you put too much limits on things you will shoot yourself in the foot so to speak.. right now we are at 22 users.. so if we get a block right now we would all get 1.136~ btc. CK fee is .5% and that usually covered on the btc fee, so you get right around 25btc per block.. if you were to limit it to ONLY compacs, you can be assured the chances of finding a block would be lowered to almost never. i think this pool is a really good idea for smaller or obsolete equipment.. not just for compacs. there isnt a pool out there yet that has such a payout. if someone can make a front end, like kanos pool, but instead of having the graph be 7 days it would be like 6 hours that way if a miner drops off for a few hours its ok but a whole day it wouldnt be included in the payout... then force the payout for the block to be per user and not per shares it would be pretty much automated. i dont think many people will jump on it with high hash rate, because they might make more on a regular pool.. but im sure you would get someone with a s1 or s3 that would or the occasional rented hash gamble.. plus it would be a great benefit for the compacs as they dont make enough for a regular pool payout, and finding a block on their own would probably never happen. The problem is lets say 1 old dragon would crush the compacs. This is the " Sidehack stick solo pool club" . So the whole point is kinda to support sidehacks projects which is right now a compac. I don't think it will open to all equipment as it crushes compacs speed. You can open a "Obsolete solo club" for other equipment. Just the price alone of compacs getting to S3 speed does not equal. Think $25 for 8-16 gh. The thing we have is efficiency and we can run these usb miners for years on little cost. So you have to make bigger equipment a donation really to be fair for a "stick solo pool club". It's kinda apples and oranges. there is no "crushing" speed tho.. this pool isnt paying by shares.. as in work being completed. its paying in users equally.. it wouldn't matter if one person threw in 1ph.. if the pool gets a block, everyone gets an equal part of the bitcoin. yes this is a sidehacks stick club, but if someone wanted to throw on a s1 or s3 i think it would actually help instead of hurt things. When i said i'm not sure about 1 stick = 1 share, i didn't mean people shouldn't run more hash here. Just the way the payout system is, right now its advantageous for people with one or only a few sticks. I myself run a small donation and i'm not expecting more if we find a block. But if we get 40 members with 500 sticks and then we share the 25BTC in 500, the odds of finding a block won't really go up that much and if we find a block, for instance, "I" would only get 0.05, which isin't particularly thrilling. not looking for this to ever be more then 100 shares for the reason above. the idea is if we hit the block the stick you used turned a profit. once we fully prorate hash it turns into a standard pool. if it goes to 100 shares it becomes task for manual checking to end. and fully automatic tracking. and once we go under .25 btc a share the fun leaves. I would agree on that. I think cap it at a certain point. Also this is part of the reason not to let the other gear count as if someone throws an S3 or other gear on a "stick solo club" they would just crush the shares on what sticks would get if it did hit a block. Which is not any fun either. Also i'm not quite sure what would be the best, but here's an idea; Depending on how many people will be in the subsequent runs. We could allow Joining with one or two share per person. 1- is your stick(s), your requirement to be in the club. (Might as well just use one and use the other sticks yourself on solo ck) 2- is your donation. So if for example we have 25 persons which is about what we have now, we'd have 50 shares, which mean everyone would get the same share as if we only share in 25 sticks, but this would bring more hash to the table. |
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I like the kickstarter idea.
Sound a bit convoluted since the proper way to do it would not to be to donate but do pre-orders ahead of time, imo. You could go wild and go a kickstarter and start yelling about it on roof, and it might get sidehack money, maybe even more money than he bargained for but then we'd have competition on buying all this stuff and since i'm selfish and all, i'd rather keep all the stuff to myself  I guess with kickstarted I would not be looking to get an equal amount got goods in return. SOme people maybe looking at giving more money and not getting and equal amount in return. And the term pre-order in the bitcoin world seems to be tabo from what I have read. *shrug* I "pre-ordered" a side hack stick, i waited for quite a while to receive it, then i did. The problem is not pre-ordering, after all, a bunch of people just pre-ordered S7 and it finally started shipping out last week. It's really just the expectation of Vaporware. A new company that never produced anything would be frown upon if they asked to pre-order. Many would still pre-order because people do whatever with their money, but many would sooner call them a scam and ignore their existence until they proved themselves. Sidehack already proved he is capable, blind trust is silly but he proved he can do the job. So opening Pre-orders once he has a prototype or some work put up front means he then just need the money to cover the first batch, so pre-ordering for that batch isin't too far fetched. The problem is just fluctuating value. If we pay 400$ for 1THs at 0,2W/G of goodies and we receive it in 2 months, then we already paid 400$ and now its maybe only worth 200$. Thats the only real problem. |
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Well at least the Japanese are catching up with what we all assumed/know. He may not be in Prison but he's still in Jail. I'm not sure what happened to him but sadly he might have it easy if he make it through his Prison time. I have no stake in MtGox but i still think the truth should come to surface and the perpetrator pay the price. |
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Can this affect the network in any way?
Most of the hashrate is in china. If china were to someone block the miners from connecting to the network, that could be disastrous since we would be losing over half of the hashrate Why would it be bad? Would it stop the confirmation of transactions or just slow down the network? If it just slowed the network down would it make the other miners rich for awhile? If China were to block the miners, miners in that entire large country would not be able to mine, slowing down the network assuming that they control a huge portion of the hashrate. Other miners won't be rich since the difficulty is going to remain the same till after 2016 blocks from the last difficulty change. There is a limit to it too (Max change is by a factor of 4) however. Another issue is that, if they control too much of the global hashrate, the drop of hashrate could create opportunities for people to make a 51% attack. And when they reconnect one blockchain would get destroyed by the biggest one, which means if China's hashrate/block trail is higher, they will have mined 100% of all blocks for that period and everything that was done outside China for that period of time would be invalidated. Payouts, transactions, payments, everything. It would be basically destroyed and its value would soon plummet to single digit. Doing that would simply kill BTC. China would then control 100% of pretty much nothing. All in all, this would only benefit those who which to destroy it and not anyone that benefits from it. |
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Nah, the expected payout is better here, when ignoring luck.I'm not including luck in my comment. As I pointed out before: https://bitcointalk.org/index.php?topic=789369.msg12409461#msg12409461The orphan rate is way high at Eligius, and even when there's good luck there, they have a ceiling of 100% PPS. Click on their web site and click on the addresses of the block finders (i.e. most are not short term miners there) ... see their payout % ... And i was just jesting. And yes with current stats, they have 220 Orphan for 9945 Blocks which equate to ~2.2% orphan rate. I'm not sure about their fee and payouts but even with 0% on Fee and TX Fee, they would still be behind vs Kano's! |
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Woops, i hadn't even noticed from the previous posts that my stick was down. I replugged my ethernet cable last night because it was in the way, didn't realize craptastic W8 wouldn't reset the adapter and reconnect. Lost 10$ from GPU mining as well. Poo. Well anyways, now its back online and i upped the freq a bit. The hard part to is I get around 8gh when I run normal. Once I run OC i will get around 16gh(some have shown 20 I have not gotten that high yet but it's possible). So you can get 2x as much from running hot. I think that is still fair as it's a compac.
It would be easy for someone to game the system. But if we suspect anyone of doing it we can easily ask for picture of sticks. Hopefully no one will do it as it would ruin their rep. Also I am hoping this club is a long term thing. Chances of hitting a block are slim so hopefully we get to know everyone within the club as I hope it turns into a social aspect.
That would be nice, we could have a sub thread with a list of users with proof picture, maybe, i guess its not important to think about it for now. The club could get pretty big if most users that get a stick decide to join, since i think the total amount of sticks will be 1000~? But i expect it to stay relatively small since i doubt that many user know or wish to keep track of this now instead of just do the lottery on their own with no one to answer to. I get the idea but in reality the more hash the better. Keep in mind the way its setup each user shares the bitcoin evenly. So the one person that has 8ghs would make the same as the ones that have more. Ah yes. In the previous post, we were talking about 1 stick = 1 share, hence me bringing up some kind of verification. I mentioned having a underclock S1 and pretending its 20 sticks. Would not be cool. I think it should be based on GH of stick miners. 1 stick = 1 share would not reward those who run theirs hot. If someone runs at 8 GH and other runs at 16 GH that should be worth more. Again it's just my 2 cent's. But after 30 day's have it be compacs and the GH you have out of them be your shares. yes but if you put too much limits on things you will shoot yourself in the foot so to speak.. right now we are at 22 users.. so if we get a block right now we would all get 1.136~ btc. CK fee is .5% and that usually covered on the btc fee, so you get right around 25btc per block.. if you were to limit it to ONLY compacs, you can be assured the chances of finding a block would be lowered to almost never. i think this pool is a really good idea for smaller or obsolete equipment.. not just for compacs. there isnt a pool out there yet that has such a payout. if someone can make a front end, like kanos pool, but instead of having the graph be 7 days it would be like 6 hours that way if a miner drops off for a few hours its ok but a whole day it wouldnt be included in the payout... then force the payout for the block to be per user and not per shares it would be pretty much automated. i dont think many people will jump on it with high hash rate, because they might make more on a regular pool.. but im sure you would get someone with a s1 or s3 that would or the occasional rented hash gamble.. plus it would be a great benefit for the compacs as they dont make enough for a regular pool payout, and finding a block on their own would probably never happen. The problem is lets say 1 old dragon would crush the compacs. This is the " Sidehack stick solo pool club" . So the whole point is kinda to support sidehacks projects which is right now a compac. I don't think it will open to all equipment as it crushes compacs speed. You can open a "Obsolete solo club" for other equipment. Just the price alone of compacs getting to S3 speed does not equal. Think $25 for 8-16 gh. The thing we have is efficiency and we can run these usb miners for years on little cost. So you have to make bigger equipment a donation really to be fair for a "stick solo pool club". It's kinda apples and oranges. there is no "crushing" speed tho.. this pool isnt paying by shares.. as in work being completed. its paying in users equally.. it wouldn't matter if one person threw in 1ph.. if the pool gets a block, everyone gets an equal part of the bitcoin. yes this is a sidehacks stick club, but if someone wanted to throw on a s1 or s3 i think it would actually help instead of hurt things. When i said i'm not sure about 1 stick = 1 share, i didn't mean people shouldn't run more hash here. Just the way the payout system is, right now its advantageous for people with one or only a few sticks. I myself run a small donation and i'm not expecting more if we find a block. But if we get 40 members with 500 sticks and then we share the 25BTC in 500, the odds of finding a block won't really go up that much and if we find a block, for instance, "I" would only get 0.05, which isin't particularly thrilling. |
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Can this affect the network in any way?
Most of the hashrate is in china. If china were to someone block the miners from connecting to the network, that could be disastrous since we would be losing over half of the hashrate Why would it be bad? Would it stop the confirmation of transactions or just slow down the network? If it just slowed the network down would it make the other miners rich for awhile? Hmmmm. Its a fundamental problem, not automatically a problem for the end user; Bitcoin's security rely on its Decentralized system. The more decentralized it is, the harder it is to attack. The more centralized it is, the more control, power and security all rely on fewer points of failure, hence the network is easier to hurt or control. |
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I like the kickstarter idea.
Sound a bit convoluted since the proper way to do it would not to be to donate but do pre-orders ahead of time, imo. You could go wild and go a kickstarter and start yelling about it on roof, and it might get sidehack money, maybe even more money than he bargained for but then we'd have competition on buying all this stuff and since i'm selfish and all, i'd rather keep all the stuff to myself |
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The latest pool performance is completely dope, i joined at the 666.666% block and since then overall we've had sick luck. Who made a pact with the Devil? *Eye people around suspiciously*;  I mean you got to notice the irony. We get a 666.666% block and then we get the devil's luck. Oh well, well done pool. Well that 666.666% block is still part of the last 100 block stats (it's outside the last 50 blocks now) Well - I'll break my rule about other pools  Clearly our pool has been sacrificing whatever is needed to the appropriate block Gods. Meanwhile over at eligius where wizkid lies about the expected pool payouts, they had a >400% block followed by currently a >300% >350% block (and still not found) so for their 15PHs they have only one block in the last 34 hours - gotta see the irony of that - well they deserve what they get coz the people mining there are expected to be paid less than here due to their payout system and their terrible orphan rate (caused by their pool and it's terribly slow block change handling) - but I'd guess most miners there don't even understand that wizkid is lying about it. Then on top of that our luck ... well ... over there they lose and lose again. Haha. Hopefully being snarky on top of our laurels wont Jinx our luck from now on... Laws of average state we're due for a drought. Let's see how we actually ride it out. We just have better overall odds because of that super automagically efficient block change code that keep the orphan count down, but still. Well either we're being super lucky or you're padding out payouts out of your pockets! Joke |
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There are actually 3 criteria.
Electricicy cost
Efficiency of miner / power supply setup
Cost of miner + needed power suppl(ies)y
I would call electric cost the single most important factor but they ALL matter.
If you invest badly, "high investment" can lose HIGH amounts, it's not a guarentee at ALL that more invested = more profit.
Amount invested has pretty much ZERO effect on profitability - just affects how MUCH you're going to make or lose.
I guess that if you are completely oblivious to the mining scene, you'd have to add that as a requirement before mining. You will need to know what's the going $/gh rate. Knowing this is such a fundamental that it doesn't come to mind as a criteria to me. If you know what you are doing, then the only mechanical requirement that is up to you is electricity cost. If your electricity is free, you can grab a bunch of S1 for dirt cheap and ROI like mad, if you went and paid 500$ per S1, then you will still profit but you're horrible at investment. Its your electricity cost that dictate what you can pay, so it all revolve around it. If you start adding caveats, then you'd also need to add BTC having a price as a requirement, difficulty to not go up like crazy as another requirement. That the world won't end. Etc. |
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I like it better then the previous weeks. I am hoping we can get a few weeks of 2-3. But that is kinda a wish I think that will be hit and miss depending on batches of S7 in near future.
In far future I have no idea what SP50's will do to it once they start pumping those out.
Its Monday fairly globally now so shipping will resume. We'll possible see a preview of whats to come, with what the remainder of Batch 1 S7 will do to the difficulty. Meanwhile we can hope the manufacturing power of SP50 won't be world shattering, if the difficulty only increase at a small pace, the BTC price might keep up and only miners that were already mining very tight on the margin will be offlined, but allowed to smoothly fade out. |
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Sounds like you weren't putting consistant numbers into the calculator, or the calculator itself was broken or incomplete.
Might also be that you're looking at $ income not BTC income, that WOULD have varied a lot more as BTC price moved around.
no i was looking at the btc value, all the time, as i've wrote there in btc too, the profit remained for a very long time around 0.01 then there was a higher peak around 0.011-0.012 and now the little decline to 0.0097
Its because difficulty was pretty stable during this year, right now its going to go way up because of the next batch/ASIC manufacturer war which just started. Its winter so its a great time to start deploying a lot of miners. Pretty sure all the companies were just waiting for it.
So expect S5 profitability for now to drop and everything should stabilize after the miners catch up with the next gen of hardware.
i can understand this, but this will only lead to a new long way where the profitability will remain again constant for a long time but not with the s5 this time, but with the s7 nothing will really change, the diff does matter, i'm not saying the opposite, my point is that it is overestimated by a long shot what it matter the most is your electricity cost and the iniital investment Then indeed, it's the cutoff point for people based on their electricity cost. For most Americans, S5 are going to get bumped off and they will all need to seek more efficient hardware. Difficulty will always adjust based on overall power cost/overall hardware efficiency. Which means people everywhere in the world that mine with a small margin will probably always be on the losing end. In essence, anyone that's mining at electricity significantly costlier than the global average will probably always see difficulty as their biggest enemy, while people that pay less than the average know that it'll always balance out for them so they can run the same hardware for probably a gen longer. Like S5 will totally survive for me during the S7 phase, since S1 is still just barely profitable to me at the moment. |
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A majority of the posts here are like that and have been for a long time. From what I can tell this is perfectly fine here so nothing will be done. You are allowed to post only to get paid here so long as you make it over a few words. Useless walls of text are also fine so long as they are somewhat on topic and not just a copy/paste from elsewhere. I am sure that guy probably has several accounts to farm the campaigns with.
This is very disappointing. I do not think his posts are adding anything to any of the conversations and can be generally be described as useless. The fact that he was making one post every 106.05 seconds, on average should be fairly solid evidence that he was not even reading the threads he was posting on. I agree with you, but thats the way it is around here. As long as "low post quality" is okay for the campaign he signed in, then he's clear. He's not breaking bylaws and he's absolutely not the only one. Like i just said, more than half the posts in Bitcoin Discussion is like that. Pages and pages of nonsense, so i don't blame legit people doing discussion from skipping the pages by the dozens. The topics are much more rich in hardware, market and support threads. Not really, a lot of people get banned for low quality posting, even if they are not spamming but i agree that some of the campaign managers are a little bit too, well they are not doing their job correctly. Ban from what? The campaign? Because according to the forum rules, low quality posting isint spam/flooding. If the campaign manager are supposed to be kicking users with bad quality posts from their campaign, then i would gladly like they start tightening the screw. There's some pretty interesting topic i'd like to actually discuss but my posts are stuck between a flood of different meaningless posts. Havent you seen people getting banned for low quality posts + sig ad, i have seen plenty of them in the meta postig about their bans because they used to post low quality posts No but i guess it make sense, if the mod/admin at the time feel a bit vindictive, they can probably temp ban the user because if there's something no one like receiving, its spam. Maybe its not that they don't punish users for poor generic posting but that there's so many, they can't get them all. You'd need to employ some police group just for that and i guess that is more trouble than its worth, since it would probably *10 the amount of people asking about their ban. I guess there's no getting away from the spam either way. |
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And I just solder extra wires from hashboard 12V to that adapter. I have only prototype now,so no pics 'till I get factory made PCB.
Thanks a lot. I'm also wonder if you or anyone know what is the lowest temperature you should let the temp go down to or whats the lowest ambient temp the miner should be run in ? I ran my zeus at -10C last year so... I'm wondering about the actual dangers on running them around 0C are. I have run miners (dragon A1,S1,S3) last winter and temperatures were sometimes below -20C. I had them in a wooden warehouse without heating. They kept the warehouse temp above 0C. I just didn't shut them down ever. If they are powered down and get frozen, condensed water would propably be a problem. I let them run through winter and had no problems (with temps). Okay, thank you, that make sense now that i think about it. I know someone who build electric boards for speakers and i remember telling me it was okay for his speaker to be outside as long as they stayed powered. In that sense, can it be safe to overload a PSU during winter because its being supercooled? As in, is degradation caused by heat the only reason overloading a PSU is not recommended? My S4 has a shit PSU and just running it at stock setting make it pull more watt from wall than what its rated at >.> |
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And I just solder extra wires from hashboard 12V to that adapter. I have only prototype now,so no pics 'till I get factory made PCB.
Thanks a lot. I'm also wonder if you or anyone know what is the lowest temperature you should let the temp go down to or whats the lowest ambient temp the miner should be run in ? I ran my zeus at -10C last year so... I'm wondering about the actual dangers on running them around 0C are. |
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Woops, i hadn't even noticed from the previous posts that my stick was down. I replugged my ethernet cable last night because it was in the way, didn't realize craptastic W8 wouldn't reset the adapter and reconnect. Lost 10$ from GPU mining as well. Poo. Well anyways, now its back online and i upped the freq a bit. The hard part to is I get around 8gh when I run normal. Once I run OC i will get around 16gh(some have shown 20 I have not gotten that high yet but it's possible). So you can get 2x as much from running hot. I think that is still fair as it's a compac.
It would be easy for someone to game the system. But if we suspect anyone of doing it we can easily ask for picture of sticks. Hopefully no one will do it as it would ruin their rep. Also I am hoping this club is a long term thing. Chances of hitting a block are slim so hopefully we get to know everyone within the club as I hope it turns into a social aspect.
That would be nice, we could have a sub thread with a list of users with proof picture, maybe, i guess its not important to think about it for now. The club could get pretty big if most users that get a stick decide to join, since i think the total amount of sticks will be 1000~? But i expect it to stay relatively small since i doubt that many user know or wish to keep track of this now instead of just do the lottery on their own with no one to answer to. I get the idea but in reality the more hash the better. Keep in mind the way its setup each user shares the bitcoin evenly. So the one person that has 8ghs would make the same as the ones that have more. Ah yes. In the previous post, we were talking about 1 stick = 1 share, hence me bringing up some kind of verification. I mentioned having a underclock S1 and pretending its 20 sticks. Would not be cool. |
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has anyone ever even sent a tx with a 1btc fee?  thats hard to imagine People have sent transactions with much larger fees than that. I'm sure there's a way to find them, just google it. So what's the general consensus of what should be the average miners fee? Usually I set mine at around $.01-$.10 worth, just depends on the amount of bitcoins I'm sending and really would like it to confirm fast. So what amount does everyone else here use? I'm just curious. Sound like way too much. Its not a $ per transaction thing, its a weight thing. If you have one input, then make a transaction with only that input, the transaction will be small, if you have 30 input address and then make one payment, the transaction size will be pretty big. For a typical transaction you'll pay less than 0.0001BTC = 0.0001/kB, because the transaction would be less than a kB of course. You can pay more if you want but again unless its a huge transaction, its a waste of your money. |
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