Mining pools?
I maintain mpos.1creditcoin.org, but its lightly used. Still, all are welcome. Its a bit odd that the daily trading volume EXCEEDS the market value of the coin. Also noticed coinmarketcap is a bit behind on #coins in circulation: they claim 48K and its a bit over 50K now. Close though. |
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I thought they were. I worked with them back when you first requested it and found a site that was "good enough" to give them what they asked for.
Thanks for confirming everything is still up!
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Somebody is pumping it? There is NO NEWS coming about 1Credit beyond the same news: its stable, its doing what its suppose to, it is still supported.
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success with your relaunch dev!
Just for the record... the "relaunch" was over 2 years ago. This thread has evolved into the "1CRedit" chat thread, which is fine. Also for the record, not looking to make any major changes in the coin. I'll be adding checkpoint records occasionally just for the health of its blockchain, but at this point, it appears pretty stable. Cassey - 1CRedit dev. |
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Alas, not looking to create any new coins or revamp that significantly anything I have.
You are, however, more than welcome to snag the 1CRedit source code off of github and give it a go. Even feel free to leverage the name, like "1CReditPrime" (exchange 1CRP). Please just do it right, change the genesis key, and other related signature fields.
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Well, the good news is that all my coins are open source, zero pre-mine, no ico coins.
Switching to another algo is actually harder, by far, then creating the original coin - unless I just clone someone else's effort and tweak the reward policies.
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Oddly, the fact that all my coins will inflate over time, although at an ever decreasing rate, really annoys some people. The difference is that classic coins, say Bitcoin, will actually have a ever so slowly decrease in coin volumes due to lost wallets (how many were lost in the Mt. Gox fiasco?). Over time, my coins will replace those losses.
From a 20 year perspective: 5% of the then existing coins were mined in year 1, 5% in year 2, etc. 5% more will be mined in year 20. 40 year perspective cuts those in half. Which is fairer in terms of wealth accumulation? Bitcoin launched in 2009, in 7 years 3/4's of all the coins that will ever be mined, have been. Of those 7 years, it was virtually unknown for 2? 3? 4? of those years, but the mining rate was huge compared to today. Basically early adopter won big time. No such scenarios with my coins. Anyhow, that was my train of thought when I tweaked the source code and created my coins...
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Thanks for the analysis!
The markets reaction to 1CRedit has always surprised me. It has historically been valued substantially higher than YACCoin after factoring in the differences in coin quantities (# per block and block times). I think people like the limited availability a LOT.
Cheers,
Cassey (author of YACCoin, 1CRedit, and IMACredit)
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Do the math, look at the specs... an 11.85Th Batch 6 unit draws 1172W plus 12%, or 1313 watts. Push that to 12.93Th and the spec is 1275W plus 7% or 1364 watts, over the 1320 safe limit.
While it is certainly possible that Bitmain produce the B6 "lower power/hash" S9 to accommodate USA 120V users, my bet its that they have much better yields, and much better working hardware at the lower hashrate. I think the lower power draw is just a side benefit (and not the actual reason). It's quite likely that a Batch6 S9 is a set of blades that don't really make the grade as a Batch7 at 12.93TH. You could look at a Batch6 as a "low grade" Batch7, with a price break to match. Kinda like the way Intel "speed grades" their various processors. Actually, I tend to agree with you. Suspect the math is just a fluke. Regarding using "Hospital grade" connectors - your key was in using 10 gauge wire - the standard for 30 amp circuits. Of course if you use 30 amp wiring with 30 amp connectors and 30 amp breakers you can pull more current than if any of those are 20 amp components... |
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And lets not forget that code (at least in commercial situations) is that breakers should not be loaded to more than 80% of their capacity on a continuous basis. So a 20 amp, 110V circuit (typically using 12 gauge wire) should not have more than 1760 watts of continuous load. Basically one S4/s7/s9 per 20 amp circuit. That limit is 1320 watts if your running with a 15 amp breaker (and typically 14 gauge wire). E.g. Your really pushing your circuits if your running an S9 at over 11.83THs. Maybe that is why they came out with that box? So it would, barely, fit on a typical US home circuit?
Do you know why are did you read it some were ? Do the math, look at the specs... an 11.85Th Batch 6 unit draws 1172W plus 12%, or 1313 watts. Push that to 12.93Th and the spec is 1275W plus 7% or 1364 watts, over the 1320 safe limit. |
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And lets not forget that code (at least in commercial situations) is that breakers should not be loaded to more than 80% of their capacity on a continuous basis. So a 20 amp, 110V circuit (typically using 12 gauge wire) should not have more than 1760 watts of continuous load. Basically one S4/s7/s9 per 20 amp circuit. That limit is 1320 watts if your running with a 15 amp breaker (and typically 14 gauge wire). E.g. Your really pushing your circuits if your running an S9 at over 11.83THs. Maybe that is why they came out with that box? So it would, barely, fit on a typical US home circuit?
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Rare indeed, it's taken 4 months of running these miners before the wife even started to warm to the idea.
Of course it didn't help I had to tear open walls in the recently renovated basement to do so, but so far the tongue-lashing has been worth it.
We actually had the venting changed in our house, with the heat from my bitcoin room in the basement being pumped into the air return of the first floor furnace and being directed into the sun-room above the bitcoin room. Very nice in the winter, we actually had windows open almost all winter long (and we are in the mid-west, with winters around 32F and often below). So either free heat and paid electricity for bitcoins, or expensive electrical resistance based heat and free electricity for bitcoins... lol. Its once of the reasons I find calculating ROI tough. |
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If I pay 3 BTC for the miner, the electricity cost doesn't change the original calculation. Whatever percentage of the earnings has to be sold off along the way for fiat in order to pay for electricity doesn't change the fact that I still need to earn 3 BTC from the miner to ROI in the long term. BTC to fiat exchange rates can complicate how much BTC has to be sold off along the way, but the long term amount of BTC that has to be accumulated remains the same.
Otherwise we are back to another conversation that has been rehashed in this thread repeatedly which is the "buy BTC and hold" or "buy the miner" conversation.
My point is just that when someone posts some version of "these will never mine the BTC they cost, why are people buying them?" and then someone else posts about how buying the miner is gambling on BTC going up, they are having two different conversations. Which is exactly what happened in the posts preceding this.
I've actually found myself at a different mental spot, probably delusional: So long as my miners can produce enough BTC to buy the next round of technology (based on power consumption levels), and produces enough excess that I can cover the power used to do the first part, I'm happy. If that excess allows me to buy a few things along the way with BTC, all the better. So far, that has been the case for me. Purse.io provides a convenient Amazon vector, NewEgg takes BTC directly, and so does Gary Johnson for President - good enough for me. I do that with a power budget is about 9KW/hour, enough to roughly run (6) S7s and/or S9s plus a bit of older scrypt gear. I judge my success when new technologies appear, so did so when the S7 came out, and again when the S9 came out. This is a hobby for me, and my BTC balance is influenced by other things, like surprise profits on alt coins I created 2 years ago, but that is all part of the hobby. e.g. I've "wasted" a ton of money on techs that never paid out (remember Antminer U1s and GridSeeds?), won fantastically on others, and have some that only time will tell. However, overall, both me and my spouse (who helps on the spending side) are happy. In fact, my spouse encouraged my recent S9 B5 purchase, which I suspect is reasonably rare. |
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I do not understand either. I have tried to picture multiple scenarios but none of them makes buying an S9 the wise move at these prices. They literally need to cut the price of the next batch in 1/2 for it to be at all even possible to imagine breaking even. Seeing how happy people are to be parted with their BTC in this thread it is apparent that mining is becoming a hobby and a form of nerd entertainment. It definitely is not profitable or even potentially profitable for anyone investing BTC at these prices.
Is investing in "penny stocks" a hobby? Don't think so. Mentality is likely similar. Nobody is buying with a ROI hope at Today's prices, they are hoping the price rises. You don't buy a $5 stock hoping it goes to $6, you hope it goes to $50. Same thing here. Yes, with BTC, there is the alternative of just buying the coin itself, but that is not nearly as much fun. Its a paper transaction vs. having something you can see (and hear!). |
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I think all you can do is wait for the transaction to get picked up in a block. This is why I always include an over-size fee when buying a miner from bitmain, to make sure it gets confirmed quickly. I have waited nearly two weeks in the past for a transaction to get picked up that had too small of a fee on it. In that case I actually thought it wasn't ever going to happen but it eventually did.
I also always bump up my transaction fee. On my recent order, I did so until the slider indicated the transaction was likely to confirm in 3 blocks. |
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I'm in the USA. The fees have made no sense. My batch 1's averaged just over $11.00 each. Batch 4 was under $10.00 each.
Thanks.... I just paid almost $70 each. That is ridiculous, keep us posted if that charge holds true. I thought about trying DHL on my next order. I'll definitely be staying with ups Contacted DHL and received the following reply: Your shipper did not enter a HTS code on the commercial invoice for this shipment and the shipment was cleared under the HTS code of 8543.70.9960. This HTS code was determined based off on the description of the shipment documentation. It is a 2.6% duty rate and using a value of $3919.00, it would be $101.89 duty plus $25.00 MPF and a $11.00 payment deferment fee. To avoid this in the future we recommend you advise your shipper to enter the correct HTS code for the items being shipped. I have forwarded that to Bitmain to 1) let them know of their errors and 2) seek compensation. I'll keep you posted on how that goes... |
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how to use 3 PSU EVGA 1000GQ 80+ GOLD to power 2 antminer S9
each EVGA have only 6 PCIe ( power 2 boards )
how to power the controller on both miner ?
Yet another power supply. You need 18 PCIe just for the boards. Note that this will likely need to be spread across 3 power circuits, unless you have 30amp 220V available. rm1000 have 6 PCIe too and they using 3 here to power 2 miner how they do that ? No magic here. You need 10 PCIe power plugs to power up the each miner. The controller does not draw as much power and the asic boards, I suppose people are "cheating" and using a splitter on one of their plugs, but you risk overloading that plug doing so. The combined 3000 watts of (3) 1000 watt power supplies is barely adequate as is - you will be running those supplies at max. |
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how to use 3 PSU EVGA 1000GQ 80+ GOLD to power 2 antminer S9
each EVGA have only 6 PCIe ( power 2 boards )
how to power the controller on both miner ?
Yet another power supply. You need 18 PCIe just for the boards. Note that this will likely need to be spread across 3 power circuits, unless you have 30amp 220V available. |
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My Batch 5s arrived today. Setup without problems. However... they are screaming at me! My batch 1 did this until I removed the front grill, then it was actually quieter than my S7s, but I can't seem to get the B5s to stop screaming.
Going to try forcing fan speeds next and see if I can hit a different resonances.
Oh thank god... the vent filter trick did the job. Don't know if that is due to the fans speeding up to compensate or what, don't care.
Still a minor whine, but nothing like it was.
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I've not had that extreme of a problem, but I have noticed a few of my power connectors have a slightly burnt look to them. Rather concerned about that.
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