Id ask more of what can I afford to risk, since its based on what you can afford really.
Say you go with the huge performance 10 PHs, question is that can you still continue even if the value drops? lol. As oppose to the other smaller hash performance you can since, its less intial risk and can be made for the loss.
Leverage is just accelerated risk, if its not done right which is the 10 PHs.
yes this is true. if I rent 10 ph for 24 hours at a bargain rate (.0095) say at our current diff of 47b point it at antpool I should make a profit. If I point 1 ph at antpool for 10 days I should profit (.0095) same bargain rate I should make an identical profit. That is rate world of 0 variables other then 10 x = 1 x 10 real world the 10 ph rental has almost 0 chance of being (0.0095) as it is too big and will raise the price = a problem 10 x 1 you will also fuck your share up since 10+70 = 80 ph of which you have 10 so your share is ⅛ or .125% x 1 for 1 day
1ph is 1 + 70 = 71 your share is 1/71 x 10 days = 10/71 or 0.140 % so if the mining is to a pool and not solo 1 ph for 10 days is absolutely better then 10 ph for 1 day. = a really big problem for 10 x 1So solo may be =. But shared pool is not = so A simple question needs a complex answer. any shared mining 1 for 10 days will be better. 10 for 1 day needs more analysis. my bolded statement is something big farms have realized thus they hardly add hash with more hash. they swap higher cost power hash for cheaper cost hash. but don't increase their hash rate. ie 10th of s-3's swapped to 10th of s-5 = 8000 watts vs 5200 watts In our op's question 10ph is almost certain to be more costly then 1 ph over 10 days |
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I'm told $12.50 for shipping. Coulda swore when I looked at that page a couple hours ago it said about $4 for shipping.
USD is too volatile for to be used as a real currency. that is pretty funny. yeah the shirt company deal got weird , It fits in a padded flat rate envelope goes to all 50 states for 5.95 a package. the post office delivers the padded envelopes and picks up the mail to ship it. So they turned a good idea into a bad one. oh 2 shirts 3 shirts maybe 4 fit in a medium flat rate box cost is 11.95. 12.50 to ship 1 shirt is too much. I was charged 3.99 to ship my order for 1 is below  |
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It could be luck pushing hash difficulty of low negative to low positive.
Bitwisdom now shows:
Bitcoin Difficulty: 47,643,398,018
Estimated Next Difficulty: 47,422,978,687 (-0.46%)
Adjust time: After 704 Blocks, About 4.9 days
Hashrate(?): 339,798,574 GH/s
I would be extremely happy with a negative this week. If we got a negative and price over 240 I would consider it pretty great week.
It would be even greater if we get -1.11% diff drop--------------------I win the promo to be close with 700 blocks is good. 251 usd a coin------------------------ We all win on our held coins |
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Interested in joining the group if you set-up another round, let me know  well I for one am pretty crushed doing this. 3 team shots 7.0 btc spilt 2 ways I lost 3.5 btc 6.0 btc spilt 6 ways I lost 1.0 btc 4.5 btc split 9 ways I may lose 0.5 BTC And at least 2btc in other rentals all in the last 2 weeks I need a break. Sorry I got you started in this Phil...I am out the same as you on all 3 groups but only about 1.5 alone....I have 1 more BTC that I had sitting to do but may try a group if anybody is interested. well wait a bit as of right now the group has about 5 hours to go. once the group is done prices will drop some for you. |
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Interested in joining the group if you set-up another round, let me know well I for one am pretty crushed doing this. 3 team shots 7.0 btc spilt 2 ways I lost 3.5 btc 6.0 btc spilt 6 ways I lost 1.0 btc 4.5 btc split 9 ways I may lose 0.5 BTC And at least 2btc in other rentals all in the last 2 weeks I need a break. Yea I did 1.5 BTC with the group and 2.1 BTC solo. It hurts alot Also sadly the group lucked out. we still have some hashing power left. I was grilling steaks and then eating them not watching nicehash. Then nice hash had a front end stoppage meanwhile some one out bid us. So we froze for a bit we are back hashing at a .0103 per th price which is just over priced. anything udner 0.01025 a th is under priced. our order number is #385281 on this page: https://www.nicehash.com/?p=allorders#385281 Standard Alive 0.0103 0.93831740 ∞ 500.00 0 0.0000
#385240 Standard Alive 0.0103 0.04826077 ∞ 10.00 0 0.0000#386597 Standard Alive 0.0102 0.32065793 0.70 No 1058 1076.3521 >>>>>>>>>>>>>>>>>>>>>> he is right under our 500th order . also I have a bonus order I am running at the pool so 385281 or 385240 (on my dime) could still win coins for us. |
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they are nice quiet gear. pricey but they are the quietist miner I owned. I ran my 3 pack at 850gh each for 2550-2600 gh it used 1300watts on my 1500watt evga platinum psu.
If my summer power rates were not 18 cents I would have kept my 3.
I kind of regret selling them.
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Interested in joining the group if you set-up another round, let me know well I for one am pretty crushed doing this. 3 team shots 7.0 btc spilt 2 ways I lost 3.5 btc 6.0 btc spilt 6 ways I lost 1.0 btc 4.5 btc split 9 ways I may lose 0.5 BTC And at least 2btc in other rentals all in the last 2 weeks I need a break. |
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some more reviews https://bitcointalk.org/index.php?topic=951758.0 an avalon 4.1 is nice but costly and quiet . if you found these cheap like 375 shipped to you home they would be good. these can be purchased new for 500 at www.ehash.com these need a psu my s-5 review. https://bitcointalk.org/index.php?topic=907219.0jonnyb is correct in mentioning sp30 and sp31 if you have power at 205 volts or more. and yeah the s4+ uses 205v or more power. but I do not recommend it. I can not do more stress on needing to know your power cost your power limit If you have silly cheap power under 4 cents and you have 10kwatts available the s-3 second hand could work since it is very cheap |
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yes i can give info on them. The sp20's I ran up to 12 at a time. The s-5s' I ran 3 at a time. The s-4's I never owned and have been plagued with psu issues that is why I never purchased them. The sp 20's scale watts per gh and hash rate. they can clock as low as 800gh and do .45 to .47 watts a gh. they can scale up to .7 watts a gh at 1600gh. Do Not for 1 minute consider them over 1600ghThey can only be purchased used without warranty they stack well I have stacked them 6 high with 0 issues. they have a really good gui . The s-5 runs pretty flat .50-.52 watts per gh 900gh to 1300gh to go to 1250gh -1300gh you need quailty psu's with a little cooling help the gui is not as good. The s-5 can be purchased new with a warranty . If I were you I would get some of both as they work well together. I would want to pay 375-385 max for an s-5 I would want to pay 400 -425 for an sp20. I would not want and s4 Do you have any psu's on hand LASTLY what is your power cost per kwatt. 10 cents or more do not do it. my sp20 review https://bitcointalk.org/index.php?topic=872014.0 |
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teams odds are 1:8 to hit?
A bit better than that... assuming 500TH/s for 24 hours, it's about 1:4.7 Our rental overall is about 18 hours I believe (at 0.0099 per TH), we still have 7.8 to go, so we still have time  FRICE AND TIME VARY. We were as low as 0.0097. hash has been 475 to 530..i do this the get odds. 4.5 x .97 = 4.365 btc divide by 24.75 = 17.6 percent. about 5.68 to 1 it is an estimate since price moves around a bit. the btc paid in was 4.365 btc that is constant price has benn 0.0097 to 0.0099 and payoff could be 1 ,2 ,3, 4 ,5 blocks even more. i used a one block payoof to get odds. in a perfect world this order done time and time again would pay 23 coins for 5 plays or 23 coins back for every 22.5 coins paid in if we could stay at 0.0099 technically this is an investment rather then a gamble since we are paying under the rate of 0.01056 x.97 = 0.001024 sidenote TheAnalogKid sent the .5 coin I fronted. and we have about 6 hours to seven hours left our hash is up to 585th which sometimes happens due to miner over lap |
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Speculation over rental prices, pool luck, etc really has no bearing on the question. Generating 10PH/s in 24 hours, or that same 10PH/s over 240 hours ends up giving you the same number of hashes, and therefore the same number of chances of finding a block.
At the current difficulty, you'd expect to find a block every 5.684 hours with 10PH/s.
At the current difficulty, you'd expect to find a block every 56.84 hours with 1PH/s.
Whichever way you slice it, at the end of the hashing period, you'd expect to find 4.22 blocks, given the difficulty remains the same.
in a perfect world with 0 variables beyond 10 vs 1 you are correct. I suspect there will always be variables. which will make one better then the other. I just did 100th for 7 days = zip 6 btc put in I am doing 500th for 1 day =? 4.5 btc put in @ notlist in a world of many variables that can go wrong or right ie the real world I agree with you but if you say no to any outside variables and just 10 x 1 vs 1 x 10 both = 10 There are certainly variables that come into play in the real world. Pool rejecting shares, pool down, hardware failure, software failure, malicious code that prevents block finds being submitted, stratum redirect attacks, DDoS attacks, etc. All of which will have an effect on your hash rate and the blocks you do/do not find. Heck, we all see the real-world statistics... in fact the vast majority of us have at one point or another talked about a pool's luck... complaining when it's bad and rejoicing when it's good. If we look at the pure statistics, your 100TH/s rental for 7 days didn't stand a chance, since at the current difficulty, that 100TH/s would expect to find a block only after 23.6 days. Yet, I jumped onboard that ship and hoped it might hit pay dirt. We might have gotten lucky. We saw a miner do exactly that... hitting 5 blocks in a timeframe in which he should have maybe hit 1. no question our math was 3-4 to 1 10-15 to one on 2 blocks this new shot math is 6-7 to one on 1 block 35-50 to 1 on 2 blocks very rough numbers. In both cases prices were cheap and you can still do poorly. you can miss 5 or 6 times in a rwo. |
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remember I have 2 of these I can send them for shipping only maybe 30-35 bucks. Helps me clean my garage. these fans do 550 cfm each or 1100 cfm for 2 http://www.ebay.com/itm/Lot-of-2-Comair-Rotron-Fans-Model-CLE2T2-used/221759409080?with grills   [/quote] Thank you. Your being awesome as always. I will keep this in mind. I am hoping gable fan does the trick. But if not fans like this might be what I need. [/quote] let me know a spot 555 cfm fan or 2 may help as booster 1 ------------2---------3----------4--------------------------5 windows>>>fans>>>gear>>[/b] my boosters >>>> gable fan |
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Speculation over rental prices, pool luck, etc really has no bearing on the question. Generating 10PH/s in 24 hours, or that same 10PH/s over 240 hours ends up giving you the same number of hashes, and therefore the same number of chances of finding a block.
At the current difficulty, you'd expect to find a block every 5.684 hours with 10PH/s.
At the current difficulty, you'd expect to find a block every 56.84 hours with 1PH/s.
Whichever way you slice it, at the end of the hashing period, you'd expect to find 4.22 blocks, given the difficulty remains the same.
in a perfect world with 0 variables beyond 10 vs 1 you are correct. I suspect there will always be variables. which will make one better then the other. I just did 100th for 7 days = zip 6 btc put in I am doing 500th for 1 day =? 4.5 btc put in @ notlist in a world of many variables that can go wrong or right ie the real world I agree with you but if you say no to any outside variables and just 10 x 1 vs 1 x 10 both = 10 |
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The PSU you purchased stated it was rated "Bronze", meaning that it is lower quality than of a "Gold" PSU. When mining, especially 24/7 you will most likely need a "Gold" rated PSU, the cheaper ones tend to overheat, not be able to keep up with the constant demand of power, and puts you at a small risk of a fire.
This may or may not be true. But Bronze is more about percent of energy wasted. Not whether it will run 24/7/365 The ratings on a PSU are just about efficiency of conversion. The better the rating (bronze, silver, gold, platinum), the more efficient the PSU is in converting the AC power from the wall to DC power to provide to your gear. You can have a gold rated PSU with crap components, just as you can have a bronze rated PSU with stellar ones.
Rosewill PSUs are newegg's house brand and are generally pretty decent.
This is more accurate. I do wish op did not buy this unit not because it will burn or melt (which it may as I do not know the quality of the pcie wires) The real problem is this will burn about 50 watts more then a good platinum psu http://www.newegg.com/Product/Product.aspx?Item=N82E16817151120&cm_re=seasonic_platinum-_-17-151-120-_-Product I have paid under 100 for these from newegg. Also there are sellers of platinum server psu's on this site. I fear the op will spend 1 kwatt a day extra on power that is : 3 bucks a month at 10 cent power 6 bucks a month at 20 cent power. |
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...
I have my last 2 miners here solo mining and have also spent more coins renting hash besides what we have done with no luck. Been close a few times but after this will just let my miners work away in the basement.
Yeah this is it I have to move on. every time I start thinking im about to give up I hit another one, so this is a good sign, it makes it that much better when you work this hard for it Don't give up hope though... The last block I hit I had a little over 3PH and only four minutes left with a best share just over 1G, then it hit and within seconds after it hit a share over 21G We got this! Stay positive! It would be really cool if we did pop, pop, pop within a 2 or 3 hour span. Unlikely but cool. |
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...
I have my last 2 miners here solo mining and have also spent more coins renting hash besides what we have done with no luck. Been close a few times but after this will just let my miners work away in the basement.
Yeah this is it I have to move on. |
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...
"bestshare": 12,707,695,286.660595} 12 bill is ¼ of the way there
So below are all the 9 people included. this is an 9 way split.
----------------------------------------------------------------------------------------------------------
Okay this is the 500th order
we have 8 payments plus I fronted TheAnalogKid
so 9 payments of .5
PublicP2poolNode------has paid 0.5001----- PublicP2 paid both
ck ----------------------- has paid 0.5001 --- PublicP2
philipma1957 --------- has paid 0.5001
aurel57---------------- has paid 0.5001
jonnybravo0311------ has paid 0.5000
mavericklm------------ has paid 0.500
ezeminer -------------- paid in full 0.50
fredi ---------------------paid in full 0.50
TheAnalogKid-----------has pm'd he will send 0.50 so I fronted the coin for him
Just woke up. I put in fredi's 0.5 to the order
"bestshare": 12,707,695,286.660595} 12 bill is ¼ of the way there Cool!! Let's get one this time!! yeah it is getting old. I did 3 team orders 7+6+4.5 coins = 17.5 coins ----------------------------------------------------------------- I think I did 2 or 3 coins on my own. Plus I pointed hash from my own gear on and off. |
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https://bitcoinwisdom.com/bitcoin/difficulty (+0.03%)Bitcoin Difficulty: 47,643,398,018 Estimated Next Difficulty: 47,657,860,053 (+0.03%) Adjust time: After 753 Blocks, About 5.2 days Hashrate(?): 336,413,480 GH/s Block Generation Time(?): 1 block: 9.9 minutes 3 blocks: 29.7 minutes 6 blocks: 59.4 minutes Updated: 8:10 (3.8 minutes ago) price = 241 usd from: https://www.coinbase.com/charts
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